NOT LISTED FOR SALE

62 Highland Ave Unit 1 Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $324,000 - $385,000

2 Beds
1 Bath
790 Sq Ft
6,098 Sq Ft Lot

Last Sold November 29, 2016

Last sale price $170,500 $216 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,141/month

40 Days on Market

About This Home

As of November 2016

Stunning 2 bed 1 full bath first floor condo, just a short walk to restaurants, museums, and everything downtown Salem has to offer! Just a 5 minute drive to Salem Commuter Rail. This unit offers a beautifully remodeled kitchen with recessed lighting, tile flooring, and access to your second egress and the common back deck and spacious, fenced in backyard. The kitchen leads out to the beautiful sun-filled living room, with it's gleaming wide pine flooring and crown molding. Two spacious bedrooms also feature wide pine floors, high ceilings, and plenty of sunlight. Good sized full bath, and plenty of lower level storage.

Last Agent to Sell the Property

Eileen Lorway

Redfin Corp. Listed on: 09/07/2016

Last Buyer's Agent

Sara Maurno

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

Condominium

Year Built

1890

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1890

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Golf Course, Medical Facility
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 10X9
  • Bathroom #1: First Floor
  • Kitchen: First Floor, 11X13
  • Living Room: First Floor, 11X14
  • Master Bedroom: First Floor, 11X11
  • Master Bedroom Description: Flooring - Hardwood
  • No Living Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

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

Condo/Co-op/Association

  • Condominium Name: 62-64 Highland Avenue Condominiums
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Pets Allowed: Yes
  • No Units: 4
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:14 L:0157 S:801
  • Zoning: R3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 29, 2016
Sold by
Cotterell Erin L
Bought by
Mcgourty Christian S
Seller's Agent
Eileen Lorway
Redfin Corp.
Buyer's Agent
Sara Maurno
Coldwell Banker Realty - Beverly
List Price
$174,900
Sold Price
$170,500
Premium/Discount to List
-$4,400
-2.52%
Current Estimated Value
$357,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,826
Avg. Annual Appreciation
8.50%
Original Mortgage
$161,975
Outstanding Balance
$130,590
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$225,918

Purchase Details

Closed on
Sep 20, 2005
Sold by
Durepo Scott H and Durepo Tina L
Bought by
Cotterell Erin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,600
Interest Rate
5.84%
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
Mcgourty Christian S $170,500 --
Cotterell Erin L $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgourty Christian S $161,975
Previous Owner Cotterell Erin L $155,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $170,500 -2.5% $216 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $174,900 -- $221 / 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 $3,134 $276,400 $0 $276,400
2024 $3,044 $262,000 $0 $262,000
2023 $2,982 $238,400 $0 $238,400
2022 $2,786 $210,300 $0 $210,300
2021 $2,728 $197,700 $0 $197,700
2020 $2,708 $187,400 $0 $187,400
2019 $2,664 $176,400 $0 $176,400
2018 $2,548 $165,700 $0 $165,700
2017 $2,561 $161,500 $0 $161,500
2016 $2,410 $153,800 $0 $153,800
2015 $2,448 $149,200 $0 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72063390

MLS Property Information Network (MLS PIN)

APN: SALE-000014-000000-000157-000801-000801