$400,000
SOLD MAR 27, 2025

67 Palmer St Unit 3 Salem, MA 01970

The Point Neighborhood
2 Beds
1.5 Baths
1,089 Sq Ft
$371/mo HOA Fee

Recently Sold

$367 Per Sq Ft

5 Days on Market

Highlights

  • Marina
  • Medical Services
  • Wood Flooring
  • Golf Course Community
  • Property is near public transit
  • 1-minute walk to Mary Jane Lee Park

About This Home

As of March 2025

Large, updated bright & sunny 2 bed 1.5 bath in brick building with a 92 Walk-Score ("walker's paradise") just a few blocks from downtown Salem and train. Newly refinished hardwood floors, all replacement windows throughout, stainless kitchen with new granite counters, maple cabinets, new refrigerator & stove with new backsplash. Many new light fixtures and freshly painted throughout. Laundry in unit. intercom, updated bathroom cabinet, mirrors and ChromaComfort bath exhaust fan with sensonic bluetooth speaker. Pet friendly association, gas heat & cooking, 3rd floor unit in turn-key condition. Nothing to do but move in and enjoy all of Salem. Easy to show!

Last Agent to Sell the Property

Faycal Gharnou

Atlantic Coast Homes,Inc Listed on: 02/13/2025

Co-Listed By

Dan Bernal

Atlantic Coast Homes,Inc

Last Buyer's Agent

Carrie Menkari

Comrie Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 1915

Lot Details

  • Near Conservation Area

HOA Fees

  • $371 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Blown Fiberglass Insulation
  • Rubber Roof

Interior Spaces

  • 1,089 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Intercom
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor

Laundry

  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Tax Lot 0202
  • Assessor Parcel Number M:34 L:0202 S:811,4680267

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, reserve funds
  • 12 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,984

Year Built

Built in 1915

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1915
  • Entry Level: 3
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Compensation Offered but Not in MLS
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Elevator
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Half
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: Third
  • Basement: Y
  • Above Grade Finished Sq Ft: 1089
  • Accessibility Features: No
  • Living Area: 1089
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AC1991
  • LIST PRICE PER Sq Ft: 366.39
  • PRICE PER Sq Ft: 367.31
  • MAIN SO: BB9148
  • Insulation: Fiberglass

Exterior Features

  • Construction Materials: Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 371.23
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:34 L:0202 S:811,4680267
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6281
  • Lot Size Units: Acres
  • PAGE: 348
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2984
  • Tax Book Number: 41299
  • Tax Lot: 0202
  • Tax Map Number: 34

Multi Family

  • Number Of Units Total: 12
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Mar 27, 2025
Sold by
Fernandez-Livia Andrea I and Montanez Nicholas A
Bought by
Moore Valerie A
Seller's Agent
Faycal Gharnou
Atlantic Coast Homes,Inc
Buyer's Agent
Carrie Menkari
Comrie Real Estate, Inc.
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
52
Current Estimated Value
$399,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$838
Avg. Annual Appreciation
0.13%
Original Mortgage
$320,000
Outstanding Balance
$320,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$80,250

Purchase Details

Listed on
Jul 6, 2022
Closed on
Nov 14, 2022
Sold by
Fandi Lila and Mesli Rashid
Bought by
Fernandez-Livia Andrea I and Montanez Nicholas A
Seller's Agent
Faycal Gharnou
Atlantic Coast Homes,Inc
Buyer's Agent
Faycal Gharnou
Atlantic Coast Homes,Inc
List Price
$329,900
Sold Price
$314,000
Premium/Discount to List
-$15,900
-4.82%
Views
123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$298,300
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2007
Sold by
Jupiter 3 Llc
Bought by
Mesli Rashid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Condominium Deed $400,000 None Available
Condominium Deed $400,000 None Available
Condominium Deed $314,000 None Available
Condominium Deed $314,000 None Available
Deed $199,900 --
Deed $199,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 Purchase Money Mortgage
Closed $320,000 Purchase Money Mortgage
Previous Owner $298,300 Purchase Money Mortgage
Previous Owner $159,920 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $400,000 +0.3% $367 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $399,000 +27.1% $366 / Sq Ft
11/14/2022 11/14/22 Sold $314,000 -1.6% $288 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
08/24/2022 08/24/22 Price Changed $319,000 -3.3% $293 / Sq Ft
07/06/2022 07/06/22 For Sale $329,900 0.0% $303 / Sq Ft
09/01/2016 09/01/16 Rented $1,350 0.0% --
08/17/2016 08/17/16 Under Contract -- -- --
08/05/2016 08/05/16 For Rent $1,350 0.0% --
04/06/2015 04/06/15 Rented $1,350 0.0% --
04/06/2015 04/06/15 For Rent $1,350 -- --
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 $3,678 $324,300 $0 $324,300
2024 $3,393 $292,000 $0 $292,000
2023 $3,100 $247,800 $0 $247,800
2022 $2,984 $225,200 $0 $225,200
2021 $2,768 $200,600 $0 $200,600
2020 $2,660 $184,100 $0 $184,100
2019 $2,659 $176,100 $0 $176,100
2018 $2,493 $162,100 $0 $162,100
2017 $2,252 $142,000 $0 $142,000
2016 $2,090 $133,400 $0 $133,400
2015 $2,274 $138,600 $0 $138,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73335194

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000202-000811-000811