NOT LISTED FOR SALE

7 Cedar Ave Salem, MA 01970

Vinnin Square Neighborhood

Estimated Value: $545,000 - $750,000

3 Beds
1 Bath
1,500 Sq Ft
$429/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $460,000 $307 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,931/month

52 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Deck
  • Wood Flooring
  • Kitchen Island

About This Home

As of December 2021

BUYERS" DENIED FINANCING! You don't always get second chances but here is one for you to own this fun 3 bedroom contemporary style home with soaring ceilings and lots of windows and skylights that fill it with sunlight. The open floor plan includes living, dining and kitchen spaces, and access to the deck overlooking the yard. The two larger bedrooms enjoy a great deal of privacy, and both offer hard wood floors and cathedral ceilings. The third bedroom overlooks the yard and also has wood floors. Located in South Salem near Vinnin Square this home has many conveniences just out side your door but still it remains a very quiet setting. The back deck is perfect for unwinding after a long day. There is a courtyard area at the front entrance with a private sitting area and two car off street parking . Any an all offers do 11/22 at 3:00PM

Last Agent to Sell the Property

Terryanne St. Pierre

MerryFox Realty Listed on: 09/30/2021

Last Buyer's Agent

Juan Cano

Broad Sound Real Estate, LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1940

Lot Details

  • 5,663

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Flooring
  • Exterior Basement Entry
  • Kitchen Island

Additional Features

  • Deck
  • 1 Heating Zone

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Architectural Style: Contemporary, Ranch
  • Directions: Loring avenue to Cedar Ave
  • Garage Yn: No
  • Property Attached Yn: No
  • Road Frontage Type: Public, Dead End
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Appliances: Range,Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Has Basement: Partial
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Cathedral Ceiling(s), Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Room Master Bedroom Features: Cathedral Ceiling(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan
  • Room Dining Room Level: First
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Hardwood, Kitchen Island, Open Floorplan
  • Room Living Room Level: First
  • Room Living Room Features: Cathedral Ceiling(s), Ceiling Fan(s), Recessed Lighting
  • MAIN LO: C95279
  • MAIN SO: BB9067
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood, Tile
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • Construction Type: Stone
  • Disclosures: Seller Has Not Occupied The Property In Many Years. Property Is Assessed As A Two Family But Is Being Sold As A Single Family And Only Has One Living Space. Property Will Be Hooked Up To City Sewer Prior To Closing. Any And All Appliances Remain As Gifts.
  • Lot Features: Level
  • Patio And Porch Features: Deck - Wood
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • SEWAGE DISTRICT: SESD
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Main Level, First Floor, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University

Schools

  • Middle Or Junior School: Collins

Lot Info

  • LOT SIZE: 5719
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5662.8
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 6149.28
  • Tax Book Number: 7793
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 30, 2021
Sold by
Ginley Michael P
Bought by
Moya-Tejada Veronica R
Seller's Agent
Terryanne St. Pierre
MerryFox Realty
Buyer's Agent
Juan Cano
Broad Sound Real Estate, LLC
Sold Price
$460,000
Current Estimated Value
$643,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,989
Avg. Annual Appreciation
8.73%
Original Mortgage
$336,500
Outstanding Balance
$310,127
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,862

Purchase Details

Closed on
Feb 19, 2003
Sold by
Ginley Michael Paul and Ginley Patrick E
Bought by
Ginley Michael Paul

Purchase Details

Closed on
Jun 14, 1985
Bought by
Ginley Michael Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moya-Tejada Veronica R $460,000 None Available
Ginley Michael Paul -- --
Ginley Michael Paul $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moya-Tejada Veronica R $336,500
Previous Owner Ginley Michael Paul $37,300
Previous Owner Ginley Michael Paul $25,000
Previous Owner Ginley Michael Paul $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $460,000 +7.0% $307 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/19/2021 11/19/21 For Sale -- -- --
10/06/2021 10/06/21 For Sale -- -- --
10/04/2021 10/04/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $429,900 -- $287 / 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 $6,763 $596,400 $208,900 $387,500
2024 $6,483 $557,900 $198,500 $359,400
2023 $6,285 $502,400 $183,200 $319,200
2022 $6,475 $488,700 $177,100 $311,600
2021 $6,149 $445,600 $164,900 $280,700
2020 $6,036 $417,700 $155,800 $261,900
2019 $5,974 $395,600 $147,800 $247,800
2018 $5,432 $353,200 $140,500 $212,700
2017 $5,029 $317,100 $118,500 $198,600
2016 $4,883 $311,600 $113,000 $198,600
2015 $4,723 $287,800 $103,800 $184,000
Source: Public Records

Agents Affiliated with this Home

  • Terryanne St. Pierre

    Seller's Agent in 2021

    Terryanne St. Pierre

    MerryFox Realty

    (978) 580-9396

    1 in this area

    22 Total Sales

    Terryanne St. Pierre
    Section Image
  • Juan Cano

    Buyer's Agent in 2021

    Juan Cano

    Broad Sound Real Estate, LLC

    (617) 230-1486

    1 in this area

    173 Total Sales

    Juan Cano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72902290

MLS Property Information Network (MLS PIN)

APN: SALE-000021-000000-000014

Massachusetts Essex County Salem 01970 Vinnin Square

7 Cedar Ave, Salem, MA

Not Listed for Sale

Detached

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