NOT LISTED FOR SALE

7 Crombie St Unit 14 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $418,000 - $463,000

1 Bed
1 Bath
980 Sq Ft
8,930 Sq Ft Lot

Last Sold November 21, 2012

Last sale price $165,000 $168 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,718/month

42 Days on Market

About This Home

As of November 2012

Unbelievable 1 bedroom unit located in a brick building in downtown Salem. It's hard to believe it's only 1 bedroom! Huge ceilings, huge windows, huge moldings, huge value! Current owners paid $325,000 for this unit in 2007. This type of opportunity doesn't come around often. Subject to third party approval.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 02/20/2012

Last Buyer's Agent

Margaret Belmonte and Associates

RE/MAX Advantage Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,607

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 2
  • Special Features: 12
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Electric: Circuit Breakers
  • Bathroom #1: Third Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Third Floor

Exterior Features

  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking: Leased
  • Parking Spaces: 0

Condo/Co-op/Association

  • Condominium Name: BlueStone Alley Condominiums
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Professional - Off Site
  • No Units: 17
  • Unit Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2012
Closed on
Nov 21, 2012
Sold by
Strawn W B and Strawn Tracy L
Bought by
Kecy Kevin
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Margaret Belmonte and Associates
RE/MAX Advantage Real Estate
List Price
$199,000
Sold Price
$165,000
Premium/Discount to List
-$34,000
-17.09%
Current Estimated Value
$444,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,897
Avg. Annual Appreciation
7.89%
Original Mortgage
$148,500
Outstanding Balance
$102,762
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$342,135

Purchase Details

Closed on
Jul 10, 2007
Sold by
Bluestone Alley Llc
Bought by
Strawn W Brian and Strawn Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kecy Kevin $165,000 --
Strawn W Brian $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strawn W Brian $148,500
Previous Owner Strawn W Brian $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2012 11/21/12 Sold $165,000 -12.7% $168 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
03/05/2012 03/05/12 Price Changed $189,000 -5.0% $193 / Sq Ft
02/20/2012 02/20/12 For Sale $199,000 -- $203 / 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 $4,607 $406,300 $0 $406,300
2024 $4,441 $382,200 $0 $382,200
2023 $4,592 $367,100 $0 $367,100
2022 $4,497 $339,400 $0 $339,400
2021 $4,248 $307,800 $0 $307,800
2020 $4,167 $288,400 $0 $288,400
2019 $4,109 $272,100 $0 $272,100
2018 $4,043 $262,900 $0 $262,900
2017 $3,994 $251,800 $0 $251,800
2016 $3,411 $217,700 $0 $217,700
2015 $3,243 $197,600 $0 $197,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Merry Fox Team

    MerryFox Realty

    87 in this area

    265 Total Sales

    Merry Fox Team
    Section Image

  • M

    Buyer's Agent in 2012

    Margaret Belmonte and Associates

    RE/MAX

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71340729

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000448-000814-000814

Massachusetts Essex County Salem 01970 Downtown Salem

7 Crombie St Unit 14, Salem, MA

Not Listed for Sale

Condos

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