7 Orient Way Salem, MA 01970
Highland Avenue NeighborhoodEstimated Value: $531,966 - $587,000
2
Beds
2
Baths
1,725
Sq Ft
1986
Built
About This Home
As of October 2017SINGLE LEVEL LIVING nestled in the beautifully private and quiet "Hamlet" complex, this spacious unit affords comfortable living, all on one floor. NO STAIRS required for everyday use, however, an added bonus room on 2nd floor can be a 3rd bedroom, guest room or den. Open concept living/dining room w/fireplace and cathedral ceilings make the feel of the living area even more spacious. This corner unit with large windows allows ample light & air, yet is very private and insulated with mature landscaping and stone walls. A very well managed and pet friendly association, makes this a most desirable place to call home. Enjoy walking the trails in the abutting Salem Woods Nature Reserve.This homeowner's meticulous care will make your awaiting updates easy to do. Plenty of parking. Close to grocery stores, shops and restaurants. Just minutes to wonderful downtown Salem and the commuter rail.***All offers to be reviewed at noon on Tuesday 08/08/17***
Property Details
Home Type
Condominium
Est. Annual Taxes
$5,375
Year Built
1986
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: End, Corner, Ground, Walkout
- Property Type: Condominium/Co-Op
- CC Type: Condo
- Style: Garden, Attached
- Other Agent: 1.00
- Lead Paint: Unknown
- Year Round: Yes
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1986
Interior Features
- Has Basement: No
- Fireplaces: 1
- Primary Bathroom: Yes
- Number of Rooms: 6
- Amenities: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, House of Worship
- Electric: Circuit Breakers
- Energy: Insulated Windows, Insulated Doors
- Flooring: Tile, Wall to Wall Carpet
- Insulation: Fiberglass
- Interior Amenities: Central Vacuum, Cable Available
- Bedroom 2: First Floor
- Bathroom #1: First Floor
- Bathroom #2: First Floor
- Kitchen: First Floor
- Laundry Room: First Floor
- Living Room: First Floor
- Master Bedroom: First Floor
- Master Bedroom Description: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Main Level
- Dining Room: First Floor
- Family Room: Second Floor
- No Bedrooms: 2
- Full Bathrooms: 2
- No Living Levels: 2
- Main Lo: A14050
- Main So: C64900
Exterior Features
- Construction: Frame
- Exterior: Clapboard, Wood
Garage/Parking
- Garage Parking: Garage Door Opener, Deeded, Attached
- Garage Spaces: 1
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 3
Utilities
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Oven
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: The Hamlet
- Association Fee Includes: Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Reserve Funds
- Management: Professional - Off Site
- Pets Allowed: Yes
- No Units: 128
- Unit Building: 7
Fee Information
- Fee Interval: Monthly
Lot Info
- Zoning: res
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2017
Closed on
Oct 2, 2017
Sold by
Kandrac Marcia I
Bought by
Gauthier Raymond P and Gauthier Thais S
Seller's Agent
Lisa Scourtas
RE/MAX Beacon
Buyer's Agent
Kathie Strout
Century 21 North East
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,242
Avg. Annual Appreciation
8.14%
Original Mortgage
$150,000
Outstanding Balance
$129,049
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$459,833
Purchase Details
Closed on
Aug 31, 1993
Sold by
Desilets Douglas C and Desilets Marian
Bought by
Kandrac Marcia I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 1988
Sold by
Ledgemere Condo Cor
Bought by
Desilets Douglas C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
10.26%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gauthier Raymond P | $325,000 | -- | |
| Kandrac Marcia I | $128,000 | -- | |
| Desilets Douglas C | $150,340 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gauthier Raymond P | $150,000 | |
| Previous Owner | Desilets Douglas C | $50,000 | |
| Previous Owner | Desilets Douglas C | $139,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2017 10/02/17 | Sold | $325,000 | +8.7% | $188 / Sq Ft |
| 08/09/2017 08/09/17 | Pending | -- | -- | -- |
| 07/31/2017 07/31/17 | For Sale | $299,000 | -- | $173 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,375 | $474,000 | $0 | $474,000 |
| 2024 | $5,346 | $460,100 | $0 | $460,100 |
| 2023 | $5,063 | $404,700 | $0 | $404,700 |
| 2022 | $4,771 | $360,100 | $0 | $360,100 |
| 2021 | $4,670 | $338,400 | $0 | $338,400 |
| 2020 | $4,806 | $332,600 | $0 | $332,600 |
| 2019 | $4,581 | $303,400 | $0 | $303,400 |
| 2018 | $4,348 | $282,700 | $0 | $282,700 |
| 2017 | $4,243 | $267,500 | $0 | $267,500 |
| 2016 | $3,823 | $244,000 | $0 | $244,000 |
| 2015 | $4,098 | $249,700 | $0 | $249,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Scourtas
Seller's Agent in 2017
Lisa Scourtas
RE/MAX
(617) 538-2400
1 in this area
47 Total Sales
-
Kathie Strout
K
Buyer's Agent in 2017
Kathie Strout
Century 21 North East
(978) 717-9044
1 in this area
14 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72206351
APN: SALE-000012-000000-000002-000824-000824
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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