NOT LISTED FOR SALE

Estimated Value: $531,000 - $598,355

2 Beds
2 Baths
1,107 Sq Ft
5,227 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $520,000 $470 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,451/month

3 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Property is near public transit
  • Medical Services
  • Deck
  • 1-minute walk to Broad Street Playground

About This Home

As of February 2023

Spectacular 2 bed, 2 bath unit just a short distance from downtown Salem! Natural light flows through the expansive open concept living room, dining, and kitchen. Recently updated and move-in ready! In unit laundry, plenty of storage with additional storage in the basement. Rare find with a deeded garage space, one off street parking and additional space! Enjoy amenities such restaurants, shops, parks and all of Salem's historical attractions. Don't miss this opportunity! ***Open Houses SAT & SUN 12-2pm***

Last Agent to Sell the Property

Anne Garcia

Redfin Corp. Listed on: 01/12/2023

Redfin Corp.

Last Buyer's Agent

Stephanie Jones

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1915

Lot Details

  • Near Conservation Area

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Decorative Lighting
  • Wood Flooring
  • Basement
  • Exterior Basement Entry

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on main level
  • Laundry in Bathroom
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0274 S:802,5000169

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 3 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,740

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1915
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Entry Level: 2
  • Transaction Broker: 0
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Entry Location: Unit Placement(Garden)
  • Fireplace YN: No
  • Appliances: Range,Disposal,Microwave,Refrigerator,Wine Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Washer,Range Hood, Gas Water Heater,Tankless Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Lighting - Pendant
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Pendant
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Countertops - Stone/Granite/Solid, Double Vanity
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Lighting - Pendant
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Bathroom - 1/4, Countertops - Stone/Granite/Solid, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Exterior Access, Open Floorplan
  • Basement: Y
  • Living Area: 1107
  • Stories Total: 1
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 469.65
  • PRICE PER Sq Ft: 469.74
  • MAIN SO: AN0992

Exterior Features

  • Construction Materials: Frame, Brick
  • Patio And Porch Features: Porch, Deck, Patio
  • Roof: Slate, Rubber
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Deeded, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Golf, Medical Facility, Bike Path, Conservation Area, Public School, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: No Management

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:25 L:0274 S:802,5000169
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5240
  • Lot Size Units: Acres
  • PAGE: 51
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5740
  • Tax Book Number: 38367

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 24, 2023
Sold by
Lopez Freddie and Pulecio-Pulgarin Maurico
Bought by
Fahey Kathryn and Smith Connor
Seller's Agent
Anne Garcia
Redfin Corp.
Buyer's Agent
Stephanie Jones
Leading Edge Real Estate
List Price
$519,900
Sold Price
$520,000
Premium/Discount to List
$100
0.02%
Total Days on Market
3
Views
55
Current Estimated Value
$557,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,839
Avg. Annual Appreciation
3.05%
Original Mortgage
$468,000
Outstanding Balance
$455,348
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,491

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 20, 2020
Sold by
Petersen Craig
Bought by
Lopez Freddie and Lopez Pulecio
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Samnang Tith Hutton
Redfin Corp.
List Price
$418,900
Sold Price
$430,000
Premium/Discount to List
$11,100
2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$387,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jan 18, 2017
Sold by
59 Broad Street Rt
Bought by
Petersen Craig
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$318,250
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Fahey Kathryn $520,000 None Available
Lopez Freddie $430,000 None Available
Petersen Craig $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahey Kathryn $468,000
Previous Owner Lopez Freddie $387,000
Previous Owner Petersen Craig $318,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $520,000 0.0% $470 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $519,900 +20.9% $470 / Sq Ft
03/26/2020 03/26/20 Sold $430,000 +2.6% $388 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $418,900 +25.0% $378 / Sq Ft
01/17/2017 01/17/17 Sold $335,000 -1.4% $295 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
11/15/2016 11/15/16 Price Changed $339,900 -1.5% $299 / Sq Ft
11/04/2016 11/04/16 For Sale $345,000 -- $304 / 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 $5,888 $519,200 $0 $519,200
2024 $5,790 $498,300 $0 $498,300
2023 $5,916 $472,900 $0 $472,900
2022 $5,740 $433,200 $0 $433,200
2021 $5,655 $409,800 $0 $409,800
2020 $5,595 $387,200 $0 $387,200
2019 $5,418 $358,800 $0 $358,800
2018 $4,891 $318,000 $0 $318,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73070276

MLS Property Information Network (MLS PIN)

APN: 25-0274-802