NOT LISTED FOR SALE

Estimated Value: $412,000 - $438,000

2 Beds
1 Bath
1,000 Sq Ft
$150/mo HOA Fee

Last Sold May 03, 2018

Last sale price $262,500 $262 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,865/month

6 Days on Market

Highlights

  • Waterfront
  • Walking Distance to Water
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of May 2018

Welcome to this beautiful sun-filled home. This condo boasts two bedrooms and one bathroom, plus built in office alcove. There is a perfect balance of modern updates and historic charm. You'll notice unique architectural details throughout, hardwood floors and built in cabinetry. Enjoy your morning coffee on the large wrap around porch, while taking in the ocean breeze and views of Palmers Cove. Parking is easy with garage and off-street parking. Each unit has its own private laundry room in the basement, along with extra storage, Within walking distance to downtown Salem, where you can enjoy many hip restaurants and pubs, visit outdoor farmers markets and festivals throughout the warmer months, plus all of the spooky fun Salem has to offer! Close proximity to highways and Salem State, Forest River Park (with 2 beach fronts!) community swimming pool, play grounds, tennis courts, and a baseball field. What more could you ask for? Easy to show! Schedule today!

Last Listed By

Amy Longtin

Jill & Co. Realty Group Listed on: 02/15/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1920

Lot Details

  • Waterfront

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Assigned Parking

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0577 S:802,4078746

Community Details

Overview

  • Association fees include electricity, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 3 Units

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,444

Year Built

Built in 1920

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Sub Agent Compensation: 0
  • Sub Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Oven,Dishwasher,Refrigerator,Washer,Dryer, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Living Area: 1000
  • Stories Total: 1
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 249.9
  • PRICE PER Sq Ft: 262.5
  • MAIN SO: NB2726

Exterior Features

  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, Walk to, Other (See Remarks), 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Assigned, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: Window Unit(s), None
  • Heating: Baseboard
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Storage
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Senior Community YN: No
  • UNIT BUILDING: B
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Electricity, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:33 L:0577 S:802,4078746
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3750
  • PAGE: 598
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3444
  • Tax Book Number: 33157

Multi Family

  • Number Of Units Total: 3
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
May 4, 2018
Sold by
Normandy Tamara M
Bought by
Peck Barbara
Seller's Agent
Amy Longtin
Jill & Co. Realty Group
Buyer's Agent
Andrew McKinney
Donnelly + Co.
List Price
$249,900
Sold Price
$262,500
Premium/Discount to List
$12,600
5.04%
Total Days on Market
6
Current Estimated Value
$424,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,787
Original Mortgage
$181,875
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 12, 2014
Sold by
Souza Ariel M
Bought by
Normandy Tamara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2012
Sold by
Struble David
Bought by
Stone Ariel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,660
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2001
Sold by
Deschamps Jessica and Deschamps Damon C
Bought by
Struble David

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
Peck Barbara $262,500 --
Normandy Tamara M $192,500 --
Stone Ariel S $189,000 --
Struble David $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peck Barbara $199,800
Closed Peck Barbara $181,875
Previous Owner Normandy Tamara M $173,250
Previous Owner Deschamps Damon C $177,660
Previous Owner Deschamps Damon C $170,000
Previous Owner Deschamps Damon C $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $262,500 +5.0% $263 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $249,900 -- $250 / 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 $4,213 $371,500 $0 $371,500
2024 $4,102 $353,000 $0 $353,000
2023 $3,913 $312,800 $0 $312,800
2022 $3,780 $285,300 $0 $285,300
2021 $3,722 $269,700 $0 $269,700
2020 $3,676 $254,400 $0 $254,400
2019 $3,704 $245,300 $0 $245,300
2018 $3,444 $223,900 $0 $223,900
2017 $3,378 $213,000 $0 $213,000
2016 $3,197 $204,000 $0 $204,000
2015 $3,202 $195,100 $0 $195,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72281951

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000577-000802-000802