NOT LISTED FOR SALE

Estimated Value: $547,000 - $604,000

2 Beds
2 Baths
1,060 Sq Ft
3,485 Sq Ft Lot

Last Sold July 16, 2020

Last sale price $463,500 $437 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,692/month

6 Days on Market

About This Home

As of July 2020

Welcome to the Waterfront Historic District of Salem! This perfectly located building was totally renovated and converted into three condos in 2009. Original features include exposed brick, beamed ceilings, 2 fireplaces and wide pine floors. The updated kitchen features honey maple cabinets, granite counters and stainless steel appliances. The two spacious bedrooms, two full baths, and in-unit laundry add to the comfortability of this special home. The exclusive use porch is just what is needed to enjoy those warm summer evenings. There is even off street deeded parking! Located 0.1 mile from the historic waterfront which features the House of Seven Gables, Salem Maritime Historic Site, and numerous shops and restaurants, it is right where eveyone wants to be. Also located 0.7 mile from the commuter rail, and around the corner from historic Salem Common, this great condo has a walkability score of 88 (very walkable). What more could you want!!!

Last Listed By

The Beaton Team

Leading Edge Real Estate Listed on: 05/28/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 1850

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0382 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,743

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 396.13
  • Comp Based On: Net Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Appliances: Range, Dishwasher, Disposal, Microwave
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 15X13, Bathroom - 3/4, Skylight, Ceiling - Cathedral, Ceiling - Beamed, Closet - Walk-in, Flooring - Wall to Wall Carpet, Balcony - Exterior
  • Bedroom 2: On Level: Second Floor, Dimension: 18X14, Fireplace, Closet, Flooring - Wood, Window(s) - Bay/Bow/Box
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: Second Floor, Dimension: 12X12, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
  • Laundry: On Level: Second Floor, Dryer Hookup - Gas, Washer Hookup
  • Living Room: On Level: Second Floor, Dimension: 18X14, Fireplace, Flooring - Wood, Wainscoting, Lighting - Sconce
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: AN4643
  • Main So: NB5012
  • Estimated Sq Ft: 1060.00

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Shopping, Park
  • HOA Fees: 188.65
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: 7 Daniels Street Condominium

Lot Info

  • Assessments: 330500.00
  • Acre: 0.08
  • Lot Size: 3459.00
  • Page: 431
  • Parcel Number: M:35 L:0382 S:802
  • Zoning: R2
  • Master Book: 28658
  • Master Page: 409

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4776.00
  • Assessor Parcel Number: 4782045

Multi Family

  • No Units: 3
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 13, 2020
Sold by
Donofrio Corinne
Bought by
Hurwitz David R
Seller's Agent
The Beaton Team
Leading Edge Real Estate
Buyer's Agent
Debbie Schradieck
RE/MAX Beacon
List Price
$419,900
Sold Price
$463,500
Premium/Discount to List
$43,600
10.38%
Total Days on Market
6
Current Estimated Value
$576,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,294
Avg. Annual Appreciation
4.26%
Original Mortgage
$417,150
Outstanding Balance
$373,998
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$193,481

Purchase Details

Closed on
Jun 11, 2009
Sold by
Galber Scott E
Bought by
Donofrio Corinne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Hurwitz David R $463,500 None Available
Donofrio Corinne $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurwitz David R $417,150
Previous Owner Donofrio Corinne $100,000
Previous Owner Donofrio Corinne $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $463,500 +10.4% $437 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $419,900 -- $396 / 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 $5,743 $506,400 $0 $506,400
2024 $5,516 $474,700 $0 $474,700
2023 $5,212 $416,600 $0 $416,600
2022 $5,077 $383,200 $0 $383,200
2021 $4,757 $344,700 $0 $344,700
2020 $4,776 $330,500 $0 $330,500
2019 $4,538 $300,500 $0 $300,500
2018 $4,219 $274,300 $0 $274,300
2017 $4,139 $261,000 $0 $261,000
2016 $3,916 $249,900 $0 $249,900
2015 $3,983 $242,700 $0 $242,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72663360

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000382-000802-000802