NOT LISTED FOR SALE

Estimated Value: $377,000 - $403,322

1 Bed
1 Bath
775 Sq Ft
$220/mo HOA Fee

Last Sold December 30, 2022

Last sale price $350,000 $452 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,755/month

10 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • 0.21 Acre Lot
  • 3-minute walk to High Street Park

About This Home

As of December 2022

OPEN HOUSE Saturday & Sunday 11am - 1pm & Commuter Open Friday 6pm - 7:30 pm. Why Rent when you can own! Check out this amazing 1 Bedroom condo located directly in the heart of downtown Salem! Close to everything Salem has to offer directly out the front door! Amazing history in this town & building originally built in 1832! Modern industrial feel to this large open floor plan studio. Amazing rare opportunity to own directly in Downtown for under $350k! Unit comes with a municipal parking pass to park at any of the many city operated garages in town. Make this space your own with endless creative ideas! Huge ceiling heights in this great space, open floor plan through the kitchen & living room plus a great sized bathroom with laundry in the unit make this space feel larger! Hardwood floors throughout, granite counters, open concept, huge windows, stainless steel appliances, laundry in unit, and plenty of storage!

Last Agent to Sell the Property

Kevin Mccafferty

RyVal Homes Listed on: 10/31/2022

Last Buyer's Agent

Kevin Farrar

Atlantic Coast Homes,Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,996

Year Built

  • Built in 1900

Lot Details

  • No Units Located Below

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Leased Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Center Hall

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0448 S:805,4630726

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 18 Units
  • Bluestone Alley Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,996

Year Built

Built in 1900

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other (See Remarks)
  • Year Built: 1900
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Center Hall
  • Fireplace YN: No
  • Appliances: Dishwasher,Disposal,Microwave,Countertop Range,Washer,Dryer, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 109.2
  • Master Bathroom Features: No
  • Bathroom 1 Area: 63.96
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Area: 163.56
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 300.33
  • Basement: N
  • Living Area: 775
  • Stories Total: 1
  • MAIN LO: NB9147
  • LIST PRICE PER Sq Ft: 451.48
  • PRICE PER Sq Ft: 451.61
  • MAIN SO: AC1991

Exterior Features

  • Common Walls: No One Below
  • Construction Materials: Brick
  • Waterfront Features: Beach Front, Bay, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Leased

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom, Security Gate
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • UNIT BUILDING: 5
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:26 L:0448 S:805,4630726
  • Zoning: RS
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 8934
  • Lot Size Units: Acres
  • PAGE: 123
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3996
  • Tax Book Number: 36509

Multi Family

  • Number Of Units Total: 18
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Dec 30, 2022
Sold by
Williams Jessica
Bought by
Mendiola Meghan
Seller's Agent
Kevin Mccafferty
RyVal Homes
Buyer's Agent
Kevin Farrar
Atlantic Coast Homes,Inc
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Total Days on Market
10
Views
121
Current Estimated Value
$390,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,331
Avg. Annual Appreciation
4.59%
Original Mortgage
$332,500
Outstanding Balance
$322,065
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,266

Purchase Details

Listed on
Jun 19, 2017
Closed on
Feb 1, 2018
Sold by
Wiete Tevin R
Bought by
Williams Jessica
Seller's Agent
Michael Lissack
The Virtual Realty Group
Buyer's Agent
Jenny May
J. Barrett & Company
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$225,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2010
Sold by
Fnma
Bought by
Wiete Tevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,350
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2010
Sold by
Belcastro Donald
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 2006
Sold by
Bluestone Alley Llc
Bought by
Belcastro Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.59%
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
Mendiola Meghan $350,000 None Available
Williams Jessica $250,000 --
Wiete Tevin R $129,000 --
Federal National Mortgage Association $202,901 --
Belcastro Donald $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendiola Meghan $332,500
Previous Owner Williams Jessica $225,000
Previous Owner Wiete Tevin R $128,500
Previous Owner Wiete Tevin R $129,750
Previous Owner Belcastro Donald $19,350
Previous Owner Belcastro Donald $103,200
Previous Owner Belcastro Donald $183,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $350,000 0.0% $452 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $349,900 +40.0% $451 / Sq Ft
02/01/2018 02/01/18 Sold $250,000 -3.5% $323 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
08/22/2017 08/22/17 Price Changed $259,000 0.0% $334 / Sq Ft
08/03/2017 08/03/17 Price Changed $259,050 0.0% $334 / Sq Ft
06/19/2017 06/19/17 For Sale $259,000 -- $334 / 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 $4,122 $363,500 $0 $363,500
2024 $3,930 $338,200 $0 $338,200
2023 $4,008 $320,400 $0 $320,400
2022 $3,996 $301,600 $0 $301,600
2021 $3,774 $273,500 $0 $273,500
2020 $3,705 $256,400 $0 $256,400
2019 $3,660 $242,400 $0 $242,400
2018 $3,617 $235,200 $0 $235,200
2017 $3,456 $217,900 $0 $217,900
2016 $2,825 $180,300 $0 $180,300
2015 $2,612 $159,200 $0 $159,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73053506

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000448-000805-000805