NOT LISTED FOR SALE

7 Crombie St Unit 2 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $427,000 - $497,000

1 Bed
1 Bath
931 Sq Ft
9,148 Sq Ft Lot

Last Sold March 31, 2017

Last sale price $275,000 $295 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,765/month

10 Days on Market

About This Home

As of March 2017

URBAN CHIC IN THE HEART OF HISTORIC DOWNTOWN SALEM. Amazing property that was converted to condos in 2008. You will love this EXTREMELY SPACIOUS loft style unit with the ultimate OPEN FLOOR PLAN that offers brick exposed walls, sleek hardwood flooring and over sized windows for a warm and inviting sun drenched atmosphere. Plenty of space for that sectional sofa you always wanted. Kitchen complete with appliances and central island for preparing meals. Nice size walk-in closet, full bath with washer/dryer that will remain and loft storage area. Excellent downtown location close to commuter train, restaurants, shopping and museums. Be part of all the cultural events Salem has to offer!

Last Agent to Sell the Property

Joyce Cucchiara

Coldwell Banker Realty - Lynnfield Listed on: 02/01/2017

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

John Carver

John H. Carver License #456001043

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,690

Year Built

1832

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1832

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Number of Rooms: 2
  • Amenities: Public Transportation, Shopping, House of Worship, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Engineered Hardwood
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • No Living Levels: 1

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Screens

Garage/Parking

  • Parking: Available for Purchase
  • Parking Spaces: 0

Utilities

  • Cooling: Central Air, Individual, Unit Control
  • Heating: Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Bluestone Alley
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 17
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R
  • Lot: 448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 31, 2017
Sold by
Teig Matthew and Teig Kristin M
Bought by
Capotosto Margaret F
Seller's Agent
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
Buyer's Agent
John Carver
John H. Carver
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Current Estimated Value
$452,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,736
Avg. Annual Appreciation
5.94%
Original Mortgage
$261,250
Outstanding Balance
$216,001
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$236,735

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 27, 2015
Sold by
Nandi Surajit and Nandi Joanna
Bought by
Teig Matthew and Teig Kristen M
Seller's Agent
Susan Olson
MerryFox Realty
Buyer's Agent
Brian Fitzpatrick
Coldwell Banker Realty - Waltham
List Price
$279,000
Sold Price
$269,500
Premium/Discount to List
-$9,500
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$161,700
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Slack Donna M
Bought by
Nandi Surajit and Kirch Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,200
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2006
Sold by
Bluestone Alley Llc
Bought by
Slack Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,300
Interest Rate
6.62%
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
Capotosto Margaret F $275,000 --
Capotosto Margaret F $275,000 --
Teig Matthew $269,500 --
Nandi Surajit $277,750 --
Slack Donna M $274,170 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capotosto Margaret F $261,250
Closed Capotosto Margaret F $261,250
Previous Owner Teig Matthew $161,700
Previous Owner Slack Donna M $222,200
Previous Owner Slack Donna M $219,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2017 03/31/17 Sold $275,000 -1.8% $295 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $279,900 +3.9% $301 / Sq Ft
07/27/2015 07/27/15 Sold $269,500 0.0% $289 / Sq Ft View Prior Sale
07/14/2015 07/14/15 Pending -- -- --
06/11/2015 06/11/15 Off Market $269,500 -- --
06/04/2015 06/04/15 For Sale $279,000 -- $300 / 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 $4,690 $413,600 $0 $413,600
2024 $4,477 $385,300 $0 $385,300
2023 $4,635 $370,500 $0 $370,500
2022 $4,606 $347,600 $0 $347,600
2021 $4,351 $315,300 $0 $315,300
2020 $4,193 $290,200 $0 $290,200
2019 $4,139 $274,100 $0 $274,100
2018 $4,083 $265,500 $0 $265,500
2017 $3,906 $246,300 $0 $246,300
2016 $3,190 $203,600 $0 $203,600
2015 -- $179,600 $0 $179,600
Source: Public Records

Agents Affiliated with this Home

  • Joyce Cucchiara

    Seller's Agent in 2017

    Joyce Cucchiara

    Coldwell Banker Realty - Lynnfield

    (978) 808-1597

    2 in this area

    195 Total Sales

    Joyce Cucchiara
    Section Image

  • J

    Buyer's Agent in 2017

    John Carver

    John H. Carver

  • S

    Seller's Agent in 2015

    Susan Olson

    MerryFox Realty

    (978) 902-1759

    6 Total Sales

    Susan Olson
    Section Image
  • Brian Fitzpatrick

    Buyer's Agent in 2015

    Brian Fitzpatrick

    Coldwell Banker Realty - Waltham

    (781) 258-8331

    203 Total Sales

    Brian Fitzpatrick
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72114471

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000448-000802-000802

Massachusetts Essex County Salem 01970 Downtown Salem

7 Crombie St Unit 2, Salem, MA

Not Listed for Sale

Condos

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