NOT LISTED FOR SALE

Estimated Value: $384,000 - $443,000

2 Beds
1 Bath
895 Sq Ft
$137/mo HOA Fee

Last Sold September 27, 2019

Last sale price $280,000 $313 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,778/month

15 Days on Market

About This Home

As of September 2019

Located in the highly sought after McIntyre District, this sun-splashed and airy 2 bedroom penthouse unit features updated kitchen with stainless steel appliances, hardwood floors, in-unit laundry, ductless air conditioning, and newer Rinnai gas boiler and on demand hot water. The fully owner occupied association, coupled with the LOW $137/mo condo fee makes this home an affordable alternative. Plenty of on-street parking. Located near many of Salem's historic sights, restaurants, train to Boston, and highways.

Last Listed By

Tyson Lynch

The Proper Nest Real Estate Listed on: 08/19/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,076

Year Built

  • Built in 1915

Lot Details

  • Year Round Access

HOA Fees

  • $137 per month

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0174 S:803

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,076

Year Built

Built in 1915

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 335.08
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1915

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Dimension: 12X12, Ceiling Fan(s), Closet, Flooring - Laminate, Remodeled
  • Bedroom 2: On Level: Third Floor, Dimension: 12X10, Ceiling Fan(s), Closet, Flooring - Hardwood, Remodeled
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Dimension: 8X10, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup
  • No Rooms: 4
  • Kitchen: On Level: Third Floor, Dimension: 8X12, Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Open Floor Plan, Remodeled
  • Laundry: On Level: Third Floor
  • Living Room: On Level: Third Floor, Dimension: 12X17, Ceiling Fan(s), Flooring - Hardwood, Open Floor Plan, Recessed Lighting
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95243
  • Main So: C95236
  • Estimated Sq Ft: 895.00

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Ductless Mini-Split System
  • Cooling Zones: 4
  • Heating: Forced Air, Oil, Gas, Electric, Ductless Mini-Split System
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
  • HOA Fees: 137.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Extra Storage, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Trace Condominium

Lot Info

  • Assessments: 231800.00
  • Page: 613
  • Parcel Number: M:25 L:0174 S:803
  • Zoning: R2

Tax Info

  • Taxes: 3500.00
  • Assessor Parcel Number: 2131536

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 23, 2019
Sold by
Inge Suzanne M
Bought by
Marie Eric
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Michelle Draper
Keller Williams Realty Evolution
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Total Days on Market
15
Current Estimated Value
$415,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,007
Avg. Annual Appreciation
7.25%
Original Mortgage
$230,633
Outstanding Balance
$204,644
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$210,363

Purchase Details

Listed on
Nov 19, 2015
Closed on
Apr 1, 2016
Sold by
Sparks Kimberly A
Bought by
Inge Suzanne M
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
Buyer's Agent
The Quail Group
eXp Realty
List Price
$270,000
Sold Price
$253,500
Premium/Discount to List
-$16,500
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$228,150
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Chouinard Laurie Ann and Chouinard Isidro Laurie
Bought by
Sparks Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1996
Sold by
Citicorp Mortgage Inc
Bought by
Chouinard Laurie Ann

Purchase Details

Closed on
Nov 2, 1995
Sold by
Cotter Kevin P and Citicorp Mtg Inc
Bought by
Citicorp Mtg Inc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marie Eric $280,000 --
Inge Suzanne M $253,500 --
Sparks Kimberly A $219,000 --
Chouinard Laurie Ann $55,000 --
Citicorp Mtg Inc $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marie Eric $230,633
Previous Owner Inge Suzanne M $228,150
Previous Owner Cotter Kevin P $124,000
Previous Owner Cotter Kevin P $175,200
Previous Owner Cotter Kevin P $21,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $280,000 -6.6% $313 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $299,900 +18.3% $335 / Sq Ft
04/01/2016 04/01/16 Sold $253,500 -2.5% $282 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
01/12/2016 01/12/16 Price Changed $259,900 -3.7% $289 / Sq Ft
11/19/2015 11/19/15 For Sale $270,000 -- $300 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,076 $359,400 $0 $359,400
2024 $4,110 $353,700 $0 $353,700
2023 $3,801 $303,800 $0 $303,800
2022 $3,698 $279,100 $0 $279,100
2021 $3,639 $263,700 $0 $263,700
2020 $3,571 $247,100 $0 $247,100
2019 $3,500 $231,800 $0 $231,800
2018 $3,316 $211,700 $0 $211,700
2017 $3,196 $201,500 $0 $201,500
2016 $2,794 $178,300 $0 $178,300
2015 $2,796 $170,400 $0 $170,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72551979

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000174-000803-000803