NOT LISTED FOR SALE

Estimated Value: $475,000 - $632,086

5 Beds
1 Bath
2,364 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $388,000 $164 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,467/month

111 Days on Market

About This Home

As of March 2020

HUGE! BEAUTIFULLY RENOVATED TOWNHOUSE WITH NO CONDO FEE! Welcome to 58 Moffatt Rd. Salem! This amazing property offers 4 levels of spacious living space, 5 bedrooms, all with huge closets, beautifully designed kitchen with granite counter-tops and stainless-steel appliances, gleaming hardwood floors throughout, laundry in unit, beautiful outdoor space, 2 assigned parking spaces. Conveniently located minutes from Salem State University and historic downtown Salem.

Last Agent to Sell the Property

Yessenia Alvarado

Coldwell Banker Realty - Marblehead Listed on: 09/26/2019

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Sabrina Carr

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood Flooring

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse, Attached, Duplex
  • Handicap Access: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 167.09
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Unit Building: 58
  • Unit Level: 1
  • Unit Placement: Street, Front
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1920

Interior Features

  • Flooring: Hardwood
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Bedroom 4: On Level: First Floor, Closet, Flooring - Hardwood, Handicap Accessible
  • Bedroom 5: On Level: Third Floor, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
  • No Rooms: 8
  • Family Room: On Level: Basement, Closet, Flooring - Stone/Ceramic Tile, Exterior Access, Recessed Lighting, Remodeled
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Handicap Accessible, Kitchen Island, Open Floor Plan, Stainless Steel Appliances, Gas Stove
  • Laundry: On Level: Basement, Flooring - Stone/Ceramic Tile, Recessed Lighting, Washer Hookup
  • Living Room: On Level: First Floor, Ceiling Fan(s), Flooring - Hardwood, Handicap Accessible, Exterior Access, Open Floor Plan
  • Basement: Y
  • No Living Levels: 4
  • Main Lo: AN1405
  • Main So: M59500
  • Estimated Sq Ft: 2364.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Unit Features: Deck - Wood, Patio, Hot Tub/Spa, Fenced Yard, Garden Area

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 2
  • Garage Parking: Deeded

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, University

Association/Amenities

  • Condominium Name: 5860 Moffatt Road Condominiums

Lot Info

  • Assessments: 307100.00
  • Page: 406
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4637.21
  • Assessor Parcel Number: 2130528

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Mar 12, 2020
Sold by
Periera Elsa V
Bought by
Chapman Rachel E
Seller's Agent
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
Buyer's Agent
Sabrina Carr
William Raveis R.E. & Home Services
List Price
$395,000
Sold Price
$388,000
Premium/Discount to List
-$7,000
-1.77%
Current Estimated Value
$562,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,772
Avg. Annual Appreciation
6.69%
Original Mortgage
$368,600
Outstanding Balance
$326,448
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$236,324

Purchase Details

Closed on
Jun 29, 2007
Sold by
Colwell Charles G and Colwell Olive T
Bought by
Periera Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,100
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chapman Rachel E $388,000 None Available
Periera Elsa $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Rachel E $368,600
Previous Owner Periera Elsa $207,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2020 03/12/20 Sold $388,000 -1.8% $164 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $395,000 0.0% $167 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $395,000 -- $167 / 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 $6,087 $536,800 $0 $536,800
2024 $5,770 $496,600 $0 $496,600
2023 $5,497 $439,400 $0 $439,400
2022 $5,250 $396,200 $0 $396,200
2021 $5,167 $374,400 $0 $374,400
2020 $5,195 $359,500 $0 $359,500
2019 $4,637 $307,100 $0 $307,100
2018 $4,200 $271,900 $0 $271,900
2017 $4,090 $257,900 $0 $257,900
2016 $3,762 $240,100 $0 $240,100
2015 $3,764 $229,400 $0 $229,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72571354

MLS Property Information Network (MLS PIN)

APN: SALE-000022-000000-000058-000801-000801