$395,000
SOLD DEC 9, 2022
1 Bed
1 Bath
850 Sq Ft
3,888 Sq Ft Lot

Recently Sold

$465 Per Sq Ft

3% Above List Price

15 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Fireplace in Primary Bedroom
  • Property is near public transit
  • 3-minute walk to Salem Common

About This Home

As of December 2022

Opportunity knocks. As you enter this unit one is struck by the gorgeous wide pine floors throughout, as well as, the spaciousness of the unit itself. Tons of natural light, high ceilings, in-unit laundry, 2 fireplaces (one is ornamental), deeded off street parking, and a private deck are only part of the amenities this 2nd floor condo has to offer. The location cannot be surpassed, between Salem Common and the water and convenient to all that Salem has to offer. The owners have loved this unit and are now ready for the next owners to love it just as much. This is a wonderful unit to live in or to have as an investment property. Showings are sporadic as unit is Air BnB'ed. Showings are available Mon., Oct. 3 after 2pm. Offers, if any, are due by Wed., Oct. 5 by 5:00pm.

Last Agent to Sell the Property

Jacqueline Polimeni

Coldwell Banker Realty - Marblehead Listed on: 09/20/2022

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Judith Brady

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,109

Year Built

  • Built in 1807

Lot Details

  • 3,888 Sq Ft Lot
  • Property is zoned R2

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2137023

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,109

Year Built

Built in 1807

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached
  • Year Built: 1807
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Hardwood
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Vinyl
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Basement: Y
  • Living Area: 850
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 452.94
  • PRICE PER Sq Ft: 464.71
  • MAIN SO: AN6181

Exterior Features

  • Common Walls: 2+ Common Walls
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 2137023
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3888
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 112
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4109
  • Tax Book Number: 37082

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2018
Closed on
Oct 15, 2018
Sold by
Patrizzi Guido
Bought by
Ishii Norio
Seller's Agent
Ronald Baldassari
United Brokers
Buyer's Agent
Colleen Nobles
Armstrong Field Real Estate
List Price
$279,900
Sold Price
$305,000
Premium/Discount to List
$25,100
8.97%
Current Estimated Value
$475,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,816
Avg. Annual Appreciation
6.08%
Original Mortgage
$274,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 30, 2016
Sold by
Wilson Janice
Bought by
Fox Robert and Fox Judith B
Seller's Agent
Jenny May
J. Barrett & Company
Buyer's Agent
Ronald Baldassari
United Brokers
List Price
$224,900
Sold Price
$234,000
Premium/Discount to List
$9,100
4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 28, 2016
Sold by
Simmons Dove D
Bought by
Patrizzi Guido
Seller's Agent
Jenny May
J. Barrett & Company
Buyer's Agent
Ronald Baldassari
United Brokers
List Price
$224,900
Sold Price
$234,000
Premium/Discount to List
$9,100
4.05%

Purchase Details

Listed on
Oct 31, 2012
Closed on
Mar 28, 2013
Sold by
Alpert Amanda A
Bought by
Simmons Dove D
Seller's Agent
Lesley Smith
Barrett Sotheby's International Realty
Buyer's Agent
Jenny May
J. Barrett & Company
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$189,150
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Aiello Avitus and Sears Douglas K
Bought by
Alpert Amanda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2008
Sold by
Sears Douglas K and Sears Margaret A
Bought by
Sears Douglas K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2007
Sold by
Marxsen Patti M
Bought by
Sears Douglas K and Sears Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1995
Sold by
Ketcham John S
Bought by
Marxsen Patti M

Purchase Details

Closed on
Jul 6, 1989
Sold by
Verbanic Joseph
Bought by
Ketcham John S

Purchase Details

Closed on
Mar 23, 1987
Sold by
Corcoran Thomas P
Bought by
Verbanic Joseph G
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Not Resolvable $305,000 --
Not Resolvable $485,000 --
Not Resolvable $234,000 --
Not Resolvable $195,000 --
Deed $181,000 --
Deed -- --
Deed $183,500 --
Deed $80,000 --
Deed $128,000 --
Deed $127,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 Purchase Money Mortgage
Closed $15,000 Second Mortgage Made To Cover Down Payment
Closed $274,500 New Conventional
Previous Owner $189,150 New Conventional
Previous Owner $144,800 Purchase Money Mortgage
Previous Owner $146,800 Purchase Money Mortgage
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $395,000 +2.6% $465 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $385,000 0.0% $453 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $385,000 +26.2% $453 / Sq Ft
10/15/2018 10/15/18 Sold $305,000 +9.0% $359 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $279,900 +19.6% $329 / Sq Ft
06/28/2016 06/28/16 Sold $234,000 +4.0% $275 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $224,900 +15.3% $265 / Sq Ft
03/28/2013 03/28/13 Sold $195,000 -2.0% $229 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $199,000 +2.1% $234 / Sq Ft
12/09/2012 12/09/12 Off Market $195,000 -- --
10/31/2012 10/31/12 For Sale $199,000 -- $234 / 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 $4,416 $389,400 $0 $389,400
2024 $4,355 $374,800 $0 $374,800
2023 $4,231 $338,200 $0 $338,200
2022 $4,109 $310,100 $0 $310,100
2021 $3,943 $285,700 $0 $285,700
2020 $3,777 $261,400 $0 $261,400
2019 $3,511 $232,500 $0 $232,500
2018 $3,344 $217,400 $0 $217,400
2017 $3,166 $199,600 $0 $199,600
2016 $3,074 $196,200 $0 $196,200
2015 $3,052 $186,000 $0 $186,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73038492

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000533-000802-000802