NOT LISTED FOR SALE

Estimated Value: $269,000 - $321,000

1 Bed
1 Bath
559 Sq Ft
0.35 Acres

Last Sold August 07, 2020

Last sale price $217,500 $389 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,935/month

1 Day on Market

About This Home

As of August 2020

Welcome Home to cozy Unit 8 in the heart of Salem! This gorgeous condo was remodeled in 2018 with brand new heating system, water tank, gleaming hardwood floors, tall ceilings, large windows, tiled bathroom, granite counters and stainless steel appliances. It includes highly sought after IN UNIT laundry, large closets and a PRIVATE porch off the back of the unit. Enjoy the spacious rooms, eat in updated kitchen and deeded parking space right out the front door. Perfect location for anyone who enjoys Downtown Salem restaurants and shops, short trip to Salem State University and close to the T Station. Low HOA fee includes many of the must haves for condo living. This adorable corner unit is placed in a pet friendly building with extra storage available in the basement. There's not much more that you could ask of a beautiful condominium home! Set up your private 15 minute showing!

Last Listed By

Jill Avery

Century 21 North East Listed on: 06/17/2020

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1920

Lot Details

  • 0.35

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0127 S:808

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,936

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Restrictions: Smoking - In Common Areas, Smoking - In Units
  • Year Built Description: Actual
  • List Price Per Sq Ft: 384.44
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 8
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer / Dryer Combo, Vent Hood
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 3
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: AN5406
  • Main So: K95001
  • Estimated Sq Ft: 559.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Brick
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Sewage District: Salem
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School, T-Station, University
  • HOA Fees: 284.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Professional - Off Site, Owner Association

Association/Amenities

  • Condominium Name: Hazel Terrace Condominium

Lot Info

  • Assessments: 174600.00
  • Acre: 0.35
  • Lot Size: 15198.00
  • Page: 571
  • Parcel Number: M:33 L:0127 S:808
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 2523.00
  • Assessor Parcel Number: 2134640

Multi Family

  • No Units: 9
  • No Units Owner Occ: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 26, 2018
Sold by
Fontas Candice L and Fontas Mark D
Bought by
Griffin Shannon and Grigelevich Joseph M
Seller's Agent
Maggie Gibson
MerryFox Realty
Buyer's Agent
Andrew Chapman
Four Points Real Estate, LLC
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%
Total Days on Market
1
Current Estimated Value
$301,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,270
Avg. Annual Appreciation
6.56%
Original Mortgage
$7,675
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2006
Sold by
Hazel Terrace Llc
Bought by
Mercier Candice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

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
Griffin Shannon $192,500 --
Mercier Candice L $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garvin Kendra $206,625
Closed Griffin Shannon M $7,675
Closed Griffin Shannon $184,225
Previous Owner Mercier Candice L $166,200
Previous Owner Mercier Candice L $175,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $217,500 +1.2% $389 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $214,900 +11.6% $384 / Sq Ft
04/26/2018 04/26/18 Sold $192,500 -3.7% $344 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $199,900 -- $358 / 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 $2,936 $258,900 $0 $258,900
2024 $2,895 $249,100 $0 $249,100
2023 $2,676 $213,900 $0 $213,900
2022 $2,674 $201,800 $0 $201,800
2021 $2,582 $187,100 $0 $187,100
2020 $2,523 $174,600 $0 $174,600
2019 $2,414 $159,900 $0 $159,900
2018 $2,358 $153,300 $0 $153,300
2017 $2,300 $145,000 $0 $145,000
2016 $2,239 $142,900 $0 $142,900
2015 $2,164 $131,900 $0 $131,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72675652

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000127-000808-000808