NOT LISTED FOR SALE

Estimated Value: $530,000 - $569,000

2 Beds
2 Baths
959 Sq Ft
$230/mo HOA Fee

Last Sold March 12, 2021

Last sale price $441,000 $460 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,740/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Collins Cove Park
  • Wine Refrigerator

About This Home

As of March 2021

OPEN HOUSE CANCELLED! Beautiful unit available at The Residence at Bridge III, Salem's newly constructed, modern condominium homes located just steps away from the Commuter Rail into Boston, the waterfront at Collin's Cove, and downtown Salem's shopping, restaurants and museums. This two bedroom, two full bath unit features an open floor plan perfect for living and entertaining, spectacular 10-foot high ceilings and ample windows providing incredible natural sunlight, a contemporary state of the art kitchen with stainless appliances, an oversized farmhouse sink, a built-in wine cooler and Quartz countertops, new hardwood floors throughout, baths featuring an oversized walk-in glass shower with custom designer tile and fixtures. Everything new - plumbing, electrical, and high efficiency forced hot air and central air heating and cooling. Brand new roof and exterior. All in a pet-friendly, low maintenance building with two deeded off-street parking spots.

Last Agent to Sell the Property

Liz Walters

Coldwell Banker Realty - Marblehead Listed on: 01/19/2021

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Jacquelyn Santini

RE/MAX Encore

RE/MAX Encore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1900

Lot Details

  • 3,311

HOA Fees

  • $230 per month

Kitchen

  • Oven
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Range

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Laundry in unit
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,277

Year Built

Built in 1900

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Actual
  • List Price Per Sq Ft: 457.77
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Appliances: Microwave, Refrigerator - ENERGY STAR, Refrigerator - Wine Storage, Dishwasher - ENERGY STAR, Range - ENERGY STAR, Oven - ENERGY STAR
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Flooring - Hardwood, Recessed Lighting, Remodeled, Closet - Double
  • Bedroom 2: On Level: First Floor, Closet, Flooring - Hardwood, Recessed Lighting, Remodeled
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Remodeled
  • Bathroom 2: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floor Plan, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Laundry: On Level: First Floor
  • Laundry Features: In Unit
  • Living Room: On Level: First Floor, Flooring - Hardwood, Open Floor Plan, Recessed Lighting, Remodeled
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN6181
  • Main So: B95079
  • Estimated Sq Ft: 959.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl, Composite

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Deeded, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 230.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: The Residence at Bridge III

Lot Info

  • Assessments: 393600.00
  • Page: 172
  • Zoning: Condo

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5472.00
  • Assessor Parcel Number: 5117810
  • Tax Year: 2021

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 12, 2021
Sold by
Hoyt-Rupert Keli and Hoyt-Rupert Margaret
Bought by
Brun Alan P
Seller's Agent
Liz Walters
Coldwell Banker Realty - Marblehead
Buyer's Agent
Jacquelyn Santini
RE/MAX Encore
List Price
$439,000
Sold Price
$441,000
Premium/Discount to List
$2,000
0.46%
Total Days on Market
4
Current Estimated Value
$547,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,007
Avg. Annual Appreciation
5.21%
Original Mortgage
$418,950
Outstanding Balance
$379,801
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,206

Purchase Details

Listed on
Oct 2, 2019
Closed on
Dec 20, 2019
Sold by
71 Bridge Street Llc
Bought by
Hoyt and Rupert Keli
Seller's Agent
Jenna Lovely
The Lovely Advisory LLC
Buyer's Agent
Liz Walters
Coldwell Banker Realty - Marblehead
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$394,250
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Brun Alan P $441,000 None Available
Hoyt $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brun Alan P $418,950
Previous Owner Hoyt $394,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $441,000 +0.5% $460 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $439,000 +5.8% $458 / Sq Ft
12/23/2019 12/23/19 Sold $415,000 -2.3% $433 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $424,900 -- $443 / 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 $5,277 $465,300 $0 $465,300
2024 $5,315 $457,400 $0 $457,400
2023 $5,691 $454,900 $0 $454,900
2022 $5,520 $416,600 $0 $416,600
2021 $5,432 $393,600 $0 $393,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72776379

MLS Property Information Network (MLS PIN)

APN: 36-0339-801