$282,500
SOLD AUG 7, 2015
2 Beds
1 Bath
1,690 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

2% Below List Price

43 Days on Market

About This Home

As of May 2022

Is this really a condo? Well, technically speaking it is....but it sure doesn't feel like one. Private entrance, no internal common areas, private patio, and virtually no adjoining walls make this condo feel more like a single family. Soaring ceilings on the first floor give a lofty / industrial feel while at the same time complete comfort you would want in any home. Completely open on first floor with a large living room, huge kitchen and a dining area. 2 Large bedrooms on second floor with ample storage space and plenty of room to add a future bathroom. Conveniently located between Essex and Derby Streets, just down the road from the Salem Ferry. Just minutes to Salem Common, Derby Wharf, and Commuter rail.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 06/09/2015

Last Buyer's Agent

Tyson Lynch

The Proper Nest Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,922

Year Built

1915

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1915

Interior Features

  • Has Basement: No
  • Number of Rooms: 6
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Bedroom 2: Second Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Brick
  • Exterior: Brick, Stucco
  • Exterior Unit Features: Patio - Enclosed

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 10, 2022
Sold by
Thurlow Jennifer M and Tibert R
Bought by
Hall Emily M and Heim Noel A
Seller's Agent
McDermott Group
Gibson Sotheby's International Realty
Buyer's Agent
Melissa Weinand
William Raveis R.E. & Home Services
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Current Estimated Value
$589,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,844
Avg. Annual Appreciation
4.11%

Purchase Details

Listed on
Oct 9, 2017
Closed on
Jan 12, 2018
Sold by
Kinne Katherine E and Kinne Keith R
Bought by
Thurlow Jennifer M
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Karen Hanson
Engel & Volkers By the Sea
List Price
$379,900
Sold Price
$375,000
Premium/Discount to List
-$4,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$337,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2015
Closed on
Aug 7, 2015
Sold by
Allen Kim H
Bought by
Kinne Keith R
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Tyson Lynch
The Proper Nest Real Estate
List Price
$289,000
Sold Price
$282,500
Premium/Discount to List
-$6,500
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$268,375
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Cooper Ronald
Bought by
Allen Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,240
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Salem, MA

  • 6R Hazel Terrace Unit 6, Salem, MA 01970

    $315,000

    • 2 Beds
    • 1 Bath
    • 708 Sq Ft
    • 6R Hazel Terrace
    • Unit 6
    • Salem, MA

    OPEN HOUSE CANCELLED OFFER ACCEPTED. Charming top-floor condo, just under a mile from vibrant downtown Salem and a half mile from Salem State University. This versatile two-bedroom home, with windows in every room, can easily serve as a spacious one-bedroom. Nestled in a serene setting away from main roads, it features a generous kitchen opening to a back porch—perfect for relaxing or

    Marc Green Coldwell Banker Realty - Marblehead

    Section Image
  • 71 Ocean Ave Unit 3, Salem, MA 01970

    $315,000

    • 1 Bed
    • 1 Bath
    • 665 Sq Ft
    • 71 Ocean Ave
    • Unit 3
    • Salem, MA

    Sun-filled and thoughtfully laid out, this charming 1-bedroom condo is perfectly positioned between Salem State University and the heart of downtown Salem. Oversized windows fill the space with natural light, while the efficient floor plan maximizes every square foot. You'll love the open layout, warm hardwood floors, and spacious rooms. With off-street parking and low monthly condo fees, this

    DalBon & Company Keller Williams Realty Evolution

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Condominium Deed $515,000 None Available
Not Resolvable $375,000 --
Not Resolvable $282,500 --
Deed $282,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $337,500 New Conventional
Previous Owner $268,375 New Conventional
Previous Owner $226,240 Purchase Money Mortgage
Previous Owner $56,560 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $515,000 +3.2% $305 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $499,000 0.0% $295 / Sq Ft
04/12/2022 04/12/22 For Sale $499,000 -5.8% $295 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $530,000 +41.3% $314 / Sq Ft
01/12/2018 01/12/18 Sold $375,000 -1.3% $222 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/22/2017 11/22/17 Price Changed $379,900 0.0% $225 / Sq Ft
11/22/2017 11/22/17 For Sale $379,900 +1.3% $225 / Sq Ft
11/21/2017 11/21/17 Off Market $375,000 -- --
11/13/2017 11/13/17 Pending -- -- --
11/09/2017 11/09/17 Price Changed $385,000 -2.0% $228 / Sq Ft
11/02/2017 11/02/17 Price Changed $393,000 -1.5% $233 / Sq Ft
10/09/2017 10/09/17 For Sale $399,000 +41.2% $236 / Sq Ft
08/07/2015 08/07/15 Sold $282,500 0.0% $167 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
06/22/2015 06/22/15 Off Market $282,500 -- --
06/09/2015 06/09/15 For Sale $289,000 -- $171 / 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 $5,922 $522,200 $0 $522,200
2024 $5,868 $505,000 $0 $505,000
2023 $6,092 $487,000 $0 $487,000
2022 $5,350 $403,800 $0 $403,800
2021 $5,265 $381,500 $0 $381,500
2020 $5,284 $365,700 $0 $365,700
2019 $5,261 $348,400 $0 $348,400
2018 $4,872 $316,800 $0 $316,800
2017 $4,769 $300,700 $0 $300,700
2016 $4,513 $288,000 $0 $288,000
2015 $4,516 $275,200 $0 $275,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71853772

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000074-000801-000801