$250,000
SOLD FEB 1, 2018

7 Crombie St Unit 5 Salem, MA 01970

Downtown Salem Neighborhood
1 Bed
1 Bath
775 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$323 Per Sq Ft

3% Below List Price

98 Days on Market

About This Home

As of December 2022

Chic condo in the heart of Historic Downtown Salem featuring soaring 12 foot ceilings, Open Concept living/dining area, and exposed brick walls. Kitchen with stainless steel appliances, plenty of closet space and large bathroom with in-unit laundry. Centrally located just minutes from Commuter rail, Salem Ferry, Peabody Essex Museum, and all of Salem's eclectic shops and restaurants. Parking is available at Museum Place Garage. $500 annually paid to condo association.

Last Agent to Sell the Property

Michael Lissack

The Virtual Realty Group Listed on: 06/19/2017

Last Buyer's Agent

Jenny May

J. Barrett & Company

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
98
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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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 Type Sale Price Title Company
Condominium Deed $350,000 None Available
Not Resolvable $250,000 --
Deed $129,000 --
Foreclosure Deed $202,901 --
Deed $229,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,500 Purchase Money Mortgage
Previous Owner $225,000 New Conventional
Previous Owner $128,500 No Value Available
Previous Owner $129,750 No Value Available
Previous Owner $19,350 Purchase Money Mortgage
Previous Owner $103,200 No Value Available
Previous Owner $183,200 Purchase Money Mortgage
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

  • Kevin Mccafferty

    Seller's Agent in 2022

    Kevin Mccafferty

    RyVal Homes

    (978) 869-4584

    2 in this area

    58 Total Sales

    Kevin Mccafferty
    Section Image
  • Kevin Farrar

    Buyer's Agent in 2022

    Kevin Farrar

    Atlantic Coast Homes,Inc

    (978) 578-3448

    2 in this area

    73 Total Sales

    Kevin Farrar
    Section Image
  • Michael Lissack

    Seller's Agent in 2018

    Michael Lissack

    The Virtual Realty Group

    (617) 710-9565

    1 in this area

    102 Total Sales

    Michael Lissack
    Section Image
  • Jenny May

    Buyer's Agent in 2018

    Jenny May

    J. Barrett & Company

    (978) 828-4142

    2 in this area

    51 Total Sales

    Jenny May
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72184857

MLS Property Information Network (MLS PIN)

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

Massachusetts Essex County Salem 01970 Downtown Salem

7 Crombie St Unit 5, Salem, MA

This home is located at 7 Crombie St Unit 5, Salem, MA 01970 and is currently priced at $250,000, approximately $322 per square foot. This property was built in 1900. 7 Crombie St Unit 5 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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