NOT LISTED FOR SALE

Estimated Value: $394,000 - $473,000

3 Beds
1 Bath
891 Sq Ft
3,920 Sq Ft Lot

Last Sold July 17, 2013

Last sale price $174,000 $195 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,644/month

67 Days on Market

About This Home

As of July 2013

Really cool 2-3 bedroom unit right next to Salem Common and waterfront at a price that's cheaper than paying rent! Super clean white kitchen with granite counter tops with nice wood floors throughout. Start building equity in your own place and bid the landlord adieu! From the front door turn right, walk 50 paces and dine at one of several great restaurants, or turn left and scoot off to the the train in a 12 minute walk. Or just stroll downtown and watch the world go by. Lots of storage!

Last Agent to Sell the Property

Ted Richard

J. Barrett & Company Listed on: 03/14/2013

Last Buyer's Agent

Amy Wallick

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,971

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Garden
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park
  • Electric: Circuit Breakers, 60 Amps/Less
  • Energy: Storm Windows
  • Flooring: Wood
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Family Room: Second Floor

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood

Garage/Parking

  • Parking: Leased
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Management: Owner Association
  • No Units: 4
  • Unit Building: 2F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jul 19, 2013
Sold by
Russello Andrea R
Bought by
Mirra Jennifer
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Amy Wallick
Lamacchia Realty, Inc.
List Price
$179,900
Sold Price
$174,000
Premium/Discount to List
-$5,900
-3.28%
Current Estimated Value
$438,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,023
Avg. Annual Appreciation
7.69%
Original Mortgage
$6,265
Outstanding Balance
$4,715
Interest Rate
4.31%
Estimated Equity
$424,588

Purchase Details

Closed on
Jul 28, 2004
Sold by
Gross Heather and Gross Justin H
Bought by
Borton Andrea R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2001
Sold by
Nestel John I and Nestel Deborah B
Bought by
Gross Justin H and Beschorner Heather E
Source: Public Records

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
Mirra Jennifer $174,000 --
Borton Andrea R $237,599 --
Gross Justin H $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Justin H $6,265
Open Mirra Jennifer $164,835
Previous Owner Gross Justin H $36,508
Previous Owner Gross Justin H $190,000
Previous Owner Gross Justin H $35,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2013 07/17/13 Sold $174,000 -3.3% $195 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $179,900 -- $202 / 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 $3,971 $350,200 $0 $350,200
2024 $3,924 $337,700 $0 $337,700
2023 $3,819 $305,300 $0 $305,300
2022 $3,640 $274,700 $0 $274,700
2021 $3,571 $258,800 $0 $258,800
2020 $3,530 $244,300 $0 $244,300
2019 $3,458 $229,000 $0 $229,000
2018 $3,233 $210,200 $0 $210,200
2017 $3,151 $198,700 $0 $198,700
2016 $2,803 $178,900 $0 $178,900
2015 $2,786 $169,800 $0 $169,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71494051

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000354-000804-000804