NOT LISTED FOR SALE

Estimated Value: $639,540 - $665,000

2 Beds
2 Baths
1,032 Sq Ft
6,098 Sq Ft Lot

Last Sold January 31, 2024

Last sale price $590,000 $572 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,940/month

4 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Porch
  • Engineered Wood Flooring
  • Jogging Path
  • 3-minute walk to Salem Common

About This Home

As of January 2024

This is the location you have been looking for! Just off Salem Common and around the corner from the MBTA, this modern updated 2 bedroom, 2 bath single-level first-floor condo has all the bells and whistles. Light and bright throughout, this unit features high ceilings, central air conditioning, stainless appliances, quartz countertops, a beautiful gas fireplace, hardwood floors, custom light filtering and darkening blinds, mud-room built-ins, Elfa walk-in-closet system and additional storage in the basement. Add to that an off-street parking spot and in-unit laundry for ease and convenience. Move-in-ready so you can start enjoying all that downtown Salem has to offer ASAP.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 11/29/2023

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

Cheryl Clayton

Churchill Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,075

Year Built

  • Built in 1950

Lot Details

  • 6,098

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Intercom
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Additional Features

  • Energy-Efficient Thermostat
  • Porch
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 803 / 0619
  • Assessor Parcel Number 350619803,5000213

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 6 Units
  • Low-Rise Condominium

Amenities

  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,075

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1950
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Engineered Hardwood
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full
  • Room Kitchen Level: First
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Basement: Y
  • Living Area: 1032
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 557.17
  • PRICE PER Sq Ft: 571.71
  • MAIN SO: AN4851
  • Insulation: Full

Exterior Features

  • Exterior Features: Porch
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Rubber
  • Waterfront Features: Beach Front, Bay, Harbor, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 270
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 3

Fee Information

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

Lot Info

  • Parcel Number: 350619803,5000213
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 60
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6075
  • Tax Block: 0619
  • Tax Book Number: 40951
  • Tax Lot: 803
  • Tax Map Number: 35

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 31, 2024
Sold by
Milton Madison and Thomson Dylan
Bought by
Gardiner Mary and Hansen Erik
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Cheryl Clayton
Churchill Properties
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Views
88
Current Estimated Value
$648,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,135
Avg. Annual Appreciation
4.74%
Original Mortgage
$300,000
Outstanding Balance
$295,861
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,652

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 23, 2022
Sold by
Bernier Rick T
Bought by
Milton Madison and Thomson Dylan
Seller's Agent
Kate Richard
J. Barrett & Company
Buyer's Agent
Bill Eacrett
DiPietro Group Real Estate
List Price
$539,000
Sold Price
$539,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$485,910
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Gardiner Mary $590,000 None Available
Milton Madison $539,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardiner Mary $300,000
Previous Owner Milton Madison $485,910
Previous Owner Bernier Rick T $90,600
Previous Owner Bernier Rick T $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $590,000 +2.6% $572 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $575,000 +6.7% $557 / Sq Ft
05/24/2022 05/24/22 Sold $539,000 0.0% $522 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $539,000 0.0% $522 / Sq Ft
12/10/2021 12/10/21 Rented -- -- --
10/12/2021 10/12/21 For Rent $2,950 +7.3% --
12/08/2018 12/08/18 Rented $2,750 0.0% --
12/04/2018 12/04/18 Under Contract -- -- --
11/05/2018 11/05/18 For Rent $2,750 +10.0% --
07/17/2017 07/17/17 Under Contract -- -- --
06/29/2017 06/29/17 For Rent $2,500 0.0% --
08/01/2016 08/01/16 Sold $374,000 0.0% $353 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/13/2016 05/13/16 Price Changed $374,000 +1.4% $353 / Sq Ft
05/02/2016 05/02/16 For Sale $369,000 -- $348 / 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 $6,202 $546,900 $0 $546,900
2024 $5,942 $511,400 $0 $511,400
2023 $6,075 $485,600 $0 $485,600
2022 $5,993 $452,300 $0 $452,300
2021 $5,840 $423,200 $0 $423,200
2020 $5,829 $403,400 $0 $403,400
2019 $5,845 $387,100 $0 $387,100
2018 $5,561 $361,600 $0 $361,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73183539

MLS Property Information Network (MLS PIN)

APN: 35-0619-803