NOT LISTED FOR SALE

Estimated Value: $376,000 - $412,053

1 Bed
2 Baths
818 Sq Ft
$263/mo HOA Fee

Last Sold January 14, 2022

Last sale price $350,900 $429 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,687/month

8 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 1 Cooling Zone
  • Vaulted Ceiling
  • Crown Molding
  • 3-minute walk to High Street Park

About This Home

As of January 2022

This beautiful loft condo located in the heart of downtown Salem could be yours at a very affordable price! Open floor plan with soaring vaulted ceiling and generous natural light pouring in through the oversized windows with exposed pipes and crown molding give this loft endless charm and character. Plenty of living space to design your own floor plan with flexible living, dining, office space to fit your needs. The building offers old world charm with a grand entryway and wide hallways, combined with modern amenities including stainless steel appliances, gas oven/cooktop, microwave, plenty of counter-space and sleek cabinetry. The main level includes a half bath and extra closet space as you enter. Climb the open, wood staircase to your loft bedroom that can accommodate a king size bedroom set and includes a full bath and a washer/dryer combo. Take advantage of all Salem has to offer with museums, shops, restaurants, waterfront, commuter rail and ferry to Boston, all steps away.

Last Agent to Sell the Property

Elizabeth Beaver

Leading Edge Real Estate Listed on: 12/01/2021

Last Buyer's Agent

Virginia Todd

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,043

Year Built

  • 1832

Lot Details

  • 8,930

HOA Fees

  • $263 per month

Parking

  • 1

Interior Spaces

  • Primary bedroom located on third floor
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Wood Flooring

Utilities

  • 1 Cooling Zone
  • 1 Heating Zone

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,043

Year Built

1832

Lot Details

0

HOA Fees

$263 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Carport Y N: No
  • Directions: Essex Street to Crombie Street
  • Garage Yn: Yes
  • Structure Type: Loft
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1832

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer/Dryer, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
  • Entry Location: Unit Placement(Upper)
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Vaulted Ceiling(s), Closet
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 264.888888
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Full
  • Room Kitchen Level: Second
  • Room Living Room Level: Second
  • Room Living Room Area: 545.777777
  • Room Living Room Features: Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan, Crown Molding
  • MAIN LO: C95180
  • LIST PRICE PER Sq Ft: 426.65
  • PRICE PER Sq Ft: 428.97
  • MAIN SO: AN4643
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Wood
  • Stories: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Brick
  • Disclosures: Seller States Oversized Windows Due To Be Replaced Soon, Cost Of Which Has Been Factored Into Asking Price.
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Deeded
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • HEAT ZONES: 1
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating Yn: Yes
  • Laundry Features: Third Floor, In Unit
  • Security: Intercom
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 12
  • MANAGEMENT: Professional - Off Site
  • Association Fee: 263
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, House of Worship, Public School, T-Station
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • PAGE: 233
  • Farm Land Area Units: Square Feet
  • Zoning: B5

Multi Family

  • NO UNITS OWNER OCC: 13
  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 3644.64
  • Tax Book Number: 26590
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 14, 2022
Sold by
Hodge Steven M
Bought by
Yu Michelle P
Seller's Agent
Elizabeth Beaver
Leading Edge Real Estate
Buyer's Agent
Virginia Todd
Leading Edge Real Estate
List Price
$349,000
Sold Price
$350,900
Premium/Discount to List
$1,900
0.54%
Total Days on Market
8
Current Estimated Value
$393,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,363
Avg. Annual Appreciation
3.32%
Original Mortgage
$280,000
Outstanding Balance
$260,495
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,395

Purchase Details

Closed on
Feb 23, 2007
Sold by
Bluestone Alley Llc
Bought by
Hodge Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Yu Michelle P $350,900 None Available
Hodge Steven M $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Michelle P $280,000
Previous Owner Hodge Steven M $174,000
Previous Owner Hodge Steven M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $350,900 +0.5% $429 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $349,000 -- $427 / 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 $4,043 $356,500 $0 $356,500
2024 $3,894 $335,100 $0 $335,100
2023 $3,802 $303,900 $0 $303,900
2022 $3,742 $282,400 $0 $282,400
2021 $3,534 $256,100 $0 $256,100
2020 $3,472 $240,300 $0 $240,300
2019 $3,432 $227,300 $0 $227,300
2018 $3,397 $220,900 $0 $220,900
2017 $3,234 $203,900 $0 $203,900
2016 $2,645 $168,800 $0 $168,800
2015 $2,514 $153,200 $0 $153,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72924203

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000448-000812-000812