NOT LISTED FOR SALE

Estimated Value: $768,584 - $926,000

3 Beds
3 Baths
1,932 Sq Ft
1980 Built

Last Sold August 04, 2014

Last sale price $380,000 $197 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,945/month

72 Days on Market

About This Home

As of August 2014

Direct Harbor Front Tri-Level, 7 room/ 3 bedroom townhouse with 2 ½ full bathrooms at one of Salem's most prestigious addresses, Collins Cove-Salem Condominiums at Settlers Way. Harbor View/Front Living Room, fire place, sliders to private water front deck. Finished lower level with a 3rd bedroom & a separate family room, ¾ bath…perfect for an extended family, roommate or for a 3rd bedroom for a family member. Lower level has sliders to a patio area. Deeded 1 car garage and driveway for another car. A tremendous location & close to downtown Salem, Train stop, Salem Willows, Pickering Wharf & Salem Common. Community Club House. Pets are ok w/ restrictions to some breeds. Sometimes opportunity knocks only but once.

Last Agent to Sell the Property

Gary Blattberg

RE/MAX Beacon Listed on: 05/14/2014

RE/MAX Beacon

Last Buyer's Agent

Gerard McSweeney

McSweeney Properties

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,692

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Middle, Walkout
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, House of Worship, Marina, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet, Laminate
  • Insulation: Fiberglass, Mixed
  • Interior Amenities: Cable Available, Walk-up Attic, Finish - Cement Plaster
  • Bedroom 2: Second Floor, 14X10
  • Bedroom 3: Basement, 13X10
  • Bathroom #1: First Floor
  • Bathroom #2: Basement
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 13X9
  • Laundry Room: Second Floor
  • Living Room: First Floor, 18X15
  • Master Bedroom: Second Floor, 17X15
  • Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup
  • Dining Room: First Floor, 11X11
  • Family Room: Basement, 18X15

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Deck, Patio, Covered Patio/Deck, Gutters, Professional Landscaping

Garage/Parking

  • Garage Parking: Detached, Storage, Deeded
  • Garage Spaces: 1
  • Parking: Common, Guest, Improved Driveway, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: Collins Cove-Salem Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Clubroom, Refuse Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 36
  • Optional Fee: 0.00
  • Unit Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 4, 2014
Sold by
Brady Scott A
Bought by
Mccollins Rt
Seller's Agent
Gary Blattberg
RE/MAX Beacon
Buyer's Agent
Gerard McSweeney
McSweeney Properties
List Price
$439,900
Sold Price
$380,000
Premium/Discount to List
-$59,900
-13.62%
Current Estimated Value
$820,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,646
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Apr 3, 2013
Sold by
Ruth F Brady Lt
Bought by
Brady Scott A

Purchase Details

Closed on
Aug 9, 1994
Sold by
Whelan Daniel J and Whelan Timothy
Bought by
Brady Franklin and Brady Ruth

Purchase Details

Closed on
Jun 5, 1987
Sold by
Collins Cv Assoc Lp
Bought by
Whelan Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
10.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccollins Rt $380,000 --
Brady Scott A -- --
Brady Franklin $153,000 --
Whelan Daniel J $198,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whelan Daniel J $158,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2014 08/04/14 Sold $380,000 0.0% $197 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
06/27/2014 06/27/14 Off Market $380,000 -- --
06/20/2014 06/20/14 Price Changed $409,900 -2.4% $212 / Sq Ft
05/30/2014 05/30/14 Price Changed $419,900 -4.5% $217 / Sq Ft
05/14/2014 05/14/14 For Sale $439,900 -- $228 / 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 $7,692 $678,300 $0 $678,300
2024 $7,638 $657,300 $0 $657,300
2023 $7,380 $589,900 $0 $589,900
2022 $7,237 $546,200 $0 $546,200
2021 $7,538 $546,200 $0 $546,200
2020 $8,039 $556,300 $0 $556,300
2019 $7,686 $509,000 $0 $509,000
2018 $7,284 $473,600 $0 $473,600
2017 $6,917 $436,100 $0 $436,100
2016 $6,401 $408,500 $0 $408,500
2015 $6,685 $407,400 $0 $407,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71680846

MLS Property Information Network (MLS PIN)

APN: SALE-000042-000000-000005-000806-000806