NOT LISTED FOR SALE

6 Loring Hills Ave Unit F5 Salem, MA 01970

Vinnin Square Neighborhood

Estimated Value: $507,000 - $571,052

3 Beds
1.5 Baths
1,700 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $492,000 $289 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,820/month

5 Days on Market

Highlights

  • Waterfront
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Community Pool

About This Home

As of June 2022

Nicely updated and remodeled townhouse, located on the Swampscott/ Salem line by Vinnin Square. This beautiful unit has 3 large bedrooms, 1.5 baths. Open concept living room/dining room with gleaming hardwood floors & recessed lighting. Brand new kitchen with stainless steel appliances and remodeled bathrooms. Spacious rooms with ample closets. An attached garage with additional parking. Conveniently located near shopping, commuter rail and downtown Salem. Be in by summer to enjoy the complex pool or nearby beaches. Have the space of a single family with carefree living of a condo. No showing until first open house April 30th 11am-1pm and May 1st 11pm - 1pm. Review of all offers if any on Monday May 2nd at 5pm.

Last Agent to Sell the Property

Zina Glikberg

Conway - Swampscott Listed on: 04/26/2022

Conway - Swampscott

Last Buyer's Agent

Kevin Herrera

Real Broker MA, LLC

Real Broker MA, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,069

Year Built

  • Built in 1971

Lot Details

  • Waterfront

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:21 L:0005 S:829,2129793

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal
  • 38 Units

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,069

Year Built

Built in 1971

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1971
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: Second
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: Washer Hookup
  • Room Living Room Level: First
  • Living Area: 1700
  • Stories Total: 3
  • MAIN LO: A14050
  • LIST PRICE PER Sq Ft: 258.24
  • PRICE PER Sq Ft: 289.41
  • MAIN SO: NB4126

Exterior Features

  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Pool
  • Association Fee: 329.7
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • UNIT BUILDING: F5
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:21 L:0005 S:829,2129793
  • Zoning: r3
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 331

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4069
  • Tax Book Number: 40663

Multi Family

  • Number Of Units Total: 38
  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 6, 2022
Sold by
Zsg Properties Llc
Bought by
Jaramillo Maria and Phillips Michael
Seller's Agent
Zina Glikberg
Conway - Swampscott
Buyer's Agent
Kevin Herrera
Real Broker MA, LLC
List Price
$439,000
Sold Price
$492,000
Premium/Discount to List
$53,000
12.07%
Total Days on Market
5
Current Estimated Value
$542,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,013
Avg. Annual Appreciation
3.27%
Original Mortgage
$369,000
Outstanding Balance
$352,641
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,372

Purchase Details

Closed on
Jan 18, 2022
Sold by
Mazin Aleksandr and Trubnikova Inna B
Bought by
Zsg Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2007
Sold by
Sevin Brendan and Sevin Kelly
Bought by
Trubnikova Inna B and Mazin Aleksandr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Crandell Christopher H and Crandell Lois C
Bought by
Crandell Christopher H

Purchase Details

Closed on
Jun 30, 1995
Sold by
Frisch Gail L and Frisch Mark S
Bought by
Shats Dmitriy B and Shats Zhanna I
Source: Public Records

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Range of Values:

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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
Jaramillo Maria $492,000 None Available
Zsg Properties Llc $300,000 None Available
Trubnikova Inna B $275,000 --
Crandell Christopher H -- --
Shats Dmitriy B $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaramillo Maria $369,000
Previous Owner Zsg Properties Llc $285,000
Previous Owner Shats Dmitriy B $206,000
Previous Owner Shats Dmitriy B $220,000
Previous Owner Shats Dmitriy B $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $492,000 +12.1% $289 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $439,000 -- $258 / 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 $5,366 $473,200 $0 $473,200
2024 $5,259 $452,600 $0 $452,600
2023 $4,532 $362,300 $0 $362,300
2022 $4,069 $307,100 $0 $307,100
2021 $4,121 $298,600 $0 $298,600
2020 $4,019 $278,100 $0 $278,100
2019 $3,860 $255,600 $0 $255,600
2018 $3,634 $237,700 $0 $237,700
2017 $3,578 $225,600 $0 $225,600
2016 $3,438 $219,400 $0 $219,400
2015 $3,321 $202,400 $0 $202,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72971555

MLS Property Information Network (MLS PIN)

APN: SALE-000021-000000-000005-000829-000829