NOT LISTED FOR SALE

6 Loring Hills Ave Unit F3 Salem, MA 01970

Vinnin Square Neighborhood

Estimated Value: $508,000 - $561,000

2 Beds
2 Baths
1,496 Sq Ft
1971 Built

Last Sold August 18, 2017

Last sale price $285,000 $191 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,229/month

6 Days on Market

About This Home

As of August 2017

Rarely available Loring Hills Condominium Townhouse. Open concept living room - dining room with beautiful hardwood floors with an updated kitchen and half baths on the main level with family room in the lower level. Two good size bedrooms and full bath on the upper living level. Enjoy relaxing on the private deck or the association pool. First showing at the Open House Sunday 12 - 2 June 25.

Last Agent to Sell the Property

Phil O'Donnell

Aluxety Listed on: 06/22/2017

Last Buyer's Agent

Gayle Estrella

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,966

Year Built

1971

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse, Rowhouse
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Conservation Area, House of Worship, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Partial
  • Interior Amenities: Central Vacuum, Cable Available
  • Bedroom 2: Second Floor, 11X10
  • Bathroom #1: Second Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor, 9X8
  • Laundry Room: Basement
  • Living Room: First Floor, 20X14
  • Master Bedroom: Second Floor, 15X14
  • Master Bedroom Description: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 13X10
  • Family Room: Basement, 14X11
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Living Levels: 3
  • Main Lo: C95180
  • Main So: K95001

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Unit Features: Deck
  • Beach Ownership: Public
  • Pool Description: Inground

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street, Deeded
  • Parking Spaces: 3

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Essex

Condo/Co-op/Association

  • Condominium Name: Lorings Hill Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Exterior Maintenance, Landscaping, Snow Removal
  • Association Pool: Yes
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 38
  • Unit Building: F-3

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Choice
  • Middle School: Collins
  • High School: Shs

Lot Info

  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Aug 18, 2017
Sold by
Richards James A and Richards Janet L
Bought by
Sweeney Caroline C
Seller's Agent
Phil O'Donnell
Aluxety
Buyer's Agent
Gayle Estrella
Coldwell Banker Realty - Beverly
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%
Current Estimated Value
$530,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,926
Avg. Annual Appreciation
7.92%
Original Mortgage
$256,500
Outstanding Balance
$214,029
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$316,897
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 Buyer Sale Price Title Company
Sweeney Caroline C $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Caroline C $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $285,000 +1.8% $191 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $279,900 -- $187 / 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 $4,966 $437,900 $0 $437,900
2024 $4,862 $418,400 $0 $418,400
2023 $4,301 $343,800 $0 $343,800
2022 $4,192 $316,400 $0 $316,400
2021 $4,245 $307,600 $0 $307,600
2020 $4,140 $286,500 $0 $286,500
2019 $3,977 $263,400 $0 $263,400
2018 $3,637 $237,900 $0 $237,900
2017 $3,581 $225,800 $0 $225,800
2016 $3,441 $219,600 $0 $219,600
2015 $3,325 $202,600 $0 $202,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72187618

MLS Property Information Network (MLS PIN)

APN: SALE-000021-000000-000005-000827-000827