NOT LISTED FOR SALE

Estimated Value: $475,000 - $523,532

2 Beds
2 Baths
881 Sq Ft
2,788 Sq Ft Lot

Last Sold June 19, 2020

Last sale price $399,300 $453 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,222/month

6 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating and Cooling System
  • 4-minute walk to Swiniuch Park

About This Home

As of June 2020

No, that isn't a picture frame....that is your view from this Penthouse condo! Perched high above Essex Street, this 2 bedroom, 2 bath condo not only has great views looking out over Collins Cove, but has great details inside as well. Bright and sunny throughout, this condo features tall ceilings, hardwood flooring, tons of windows, open concept, in-unit laundry, off street parking, central air. Located in the Historic Derby Street neighborhood, you have all Salem has to offer right at your doorstep: Salem Common, MBTA, Salem Ferry.... yet you will be happy to be in this fabulous unit if you have to be stuck inside! First showings will be scheduled on 20 minute intervals starting Saturday May 2nd from 2-4 pm and Sunday May 3rd from 12-2pm.

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 04/30/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,988

Year Built

  • Built in 1900

Lot Details

  • 2,788

Property Views

  • Ocean Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,988

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 425.65
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: C
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor
  • Bedroom 2: On Level: Third Floor
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Third Floor
  • Bathroom 2: On Level: Third Floor
  • No Rooms: 5
  • Dining Room: On Level: Third Floor
  • Kitchen: On Level: Third Floor
  • Laundry: On Level: Third Floor
  • Living Room: On Level: Third Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95279
  • Main So: K95001
  • Estimated Sq Ft: 881.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 200.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 278400.00
  • Page: 366
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4023.00
  • Assessor Parcel Number: 2138004

Multi Family

  • No Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 19, 2020
Sold by
Krasnoglazov Brittany and Krasnoglazov Vladimir
Bought by
Obrien Kelsey
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Jacqueline Polimeni
Coldwell Banker Realty - Marblehead
List Price
$375,000
Sold Price
$399,300
Premium/Discount to List
$24,300
6.48%
Total Days on Market
6
Current Estimated Value
$501,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,083
Avg. Annual Appreciation
4.52%
Original Mortgage
$379,335
Outstanding Balance
$341,403
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$155,037

Purchase Details

Closed on
Jul 31, 2015
Sold by
New Beginnings Group L
Bought by
Mcgrail Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,500
Interest Rate
3.97%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Obrien Kelsey $399,300 None Available
Mcgrail Brittany $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Kelsey $379,335
Previous Owner Mcgrail Brittany $251,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $399,300 +6.5% $453 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $375,000 -- $426 / 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 $4,988 $439,900 $0 $439,900
2024 $4,968 $427,500 $0 $427,500
2023 $4,657 $372,300 $0 $372,300
2022 $4,526 $341,600 $0 $341,600
2021 $4,068 $294,800 $0 $294,800
2020 $4,023 $278,400 $0 $278,400
2019 $3,825 $253,300 $0 $253,300
2018 $3,470 $225,600 $0 $225,600
2017 $3,402 $214,500 $0 $214,500
2016 $2,935 $187,300 $0 $187,300
2015 $2,852 $173,800 $0 $173,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72649474

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000214-000803-000803