7 Phelps St Unit 1 Salem, MA 01970
Broad Street Neighborhood
2
Beds
1
Bath
966
Sq Ft
$150/mo
HOA Fee
Highlights
- Golf Course Community
- Open Floorplan
- Covered Deck
- Medical Services
- Custom Closet System
- 3-minute walk to Bunny Puttman Park
About This Home
As of October 2024This lovely garden-style residence is located in one of Salem's finer neighborhoods, on a quiet dead-end side street, abutting the McIntire historic district. You'll enjoy the serenity of the suburbs while living only minutes from the museums, shops, restaurants and pubs in vibrant downtown Salem. This first-floor condo features a large open-concept living room and dining room with high ceilings, center bay window, built-in China cabinet, glass panel doors and beautiful hardwood floors. The large eat-in kitchen features a classic walk-in pantry, stainless appliances and stone countertops. The kitchen provides easy access to a covered porch, overlooking beautiful perennial gardens and grassy outdoor space. The unit includes a deeded garage space, and a second parking spot just outside of the garage. Single-level living on a wonderful tree-lined street, in a great neighborhood!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,720
Year Built
- Built in 1920
Lot Details
- Garden
HOA Fees
- $150 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Open Parking
- Deeded Parking
Home Design
- Garden Home
- Frame Construction
- Shingle Roof
Interior Spaces
- 966 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Chair Railings
- Crown Molding
- Ceiling Fan
- Decorative Lighting
- Bay Window
- French Doors
- Entrance Foyer
- Dining Area
- Storage Room
Kitchen
- Range
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Custom Closet System
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Laundry in Basement
Outdoor Features
- Covered Deck
- Covered patio or porch
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Baseboard Heating
- 220 Volts
- 110 Volts
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4465892
Community Details
Overview
- Association fees include water, sewer, insurance, reserve funds
- 3 Units
Amenities
- Medical Services
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2024
Closed on
Oct 10, 2024
Sold by
Roach James
Bought by
Gallagher Brittany and Irving Colby
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Jeffrey Terlik
Keller Williams Realty Evolution
List Price
$429,900
Sold Price
$430,000
Premium/Discount to List
$100
0.02%
Total Days on Market
17
Views
94
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
$11,491
Avg. Annual Appreciation
4.42%
Original Mortgage
$417,100
Outstanding Balance
$414,740
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$26,751
Purchase Details
Listed on
Mar 18, 2014
Closed on
Aug 29, 2014
Sold by
Cooper Stephanie A
Bought by
Roach James
Seller's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Sharon Kalagher
Century 21 North East
List Price
$224,900
Sold Price
$228,000
Premium/Discount to List
$3,100
1.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$221,160
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2006
Sold by
Dole Adam P and Green Remlee S
Bought by
Cooper Stephanie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 4, 2004
Sold by
Szikney William P
Bought by
Green Remlee S
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $430,000 | None Available | |
| Condominium Deed | $430,000 | None Available | |
| Deed | $228,000 | -- | |
| Deed | $228,000 | -- | |
| Deed | $245,000 | -- | |
| Deed | $245,000 | -- | |
| Deed | $217,500 | -- | |
| Deed | $217,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $417,100 | Purchase Money Mortgage | |
| Closed | $417,100 | Purchase Money Mortgage | |
| Previous Owner | $221,160 | New Conventional | |
| Previous Owner | $196,000 | Purchase Money Mortgage | |
| Previous Owner | $36,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $430,000 | 0.0% | $445 / Sq Ft |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $429,900 | +88.6% | $445 / Sq Ft |
| 08/29/2014 08/29/14 | Sold | $228,000 | 0.0% | $236 / Sq Ft |
| 08/09/2014 08/09/14 | Pending | -- | -- | -- |
| 06/13/2014 06/13/14 | Off Market | $228,000 | -- | -- |
| 03/18/2014 03/18/14 | For Sale | $224,900 | -- | $233 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $4,832 | $426,100 | $0 | $426,100 |
| 2024 | $4,720 | $406,200 | $0 | $406,200 |
| 2023 | $4,649 | $371,600 | $0 | $371,600 |
| 2022 | $4,485 | $338,500 | $0 | $338,500 |
| 2021 | $4,416 | $320,000 | $0 | $320,000 |
| 2020 | $4,355 | $301,400 | $0 | $301,400 |
| 2019 | $4,217 | $279,300 | $0 | $279,300 |
| 2018 | $3,911 | $254,300 | $0 | $254,300 |
| 2017 | $3,833 | $241,700 | $0 | $241,700 |
| 2016 | $3,628 | $231,500 | $0 | $231,500 |
| 2015 | $3,633 | $221,400 | $0 | $221,400 |
Source: Public Records
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73279924
APN: SALE-000025-000000-000317-000801-000801
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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