NOT LISTED FOR SALE

Estimated Value: $378,000 - $436,000

1 Bed
1 Bath
856 Sq Ft
5,663 Sq Ft Lot

Last Sold November 01, 2019

Last sale price $279,600 $327 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,646/month

7 Days on Market

About This Home

As of November 2019

Wonderful opportunity to buy on a lovely, tree-lined, dead-end street adjacent to the McIntyre Historic District. This third floor condo boasts cathedral ceilings with exposed beams, ceiling fans, Wainscoting, abundant in-unit storage, and track, pendant and recessed lighting. This unit includes basement laundry, additional basement storage and one off-street parking space. Close proximity to the Commuter Rail, waterfront, museums, restaurants, shops and all downtown Salem has to offer.

Last Listed By

Shari McStay

Keller Williams Realty Evolution Listed on: 08/07/2019

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1920

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0317 S:803

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,220

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 337.62
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: Third Floor, Ceiling - Cathedral, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Bathroom - Tiled With Tub & Shower, Wainscoting
  • No Rooms: 4
  • Dining Room: On Level: Third Floor, Ceiling - Cathedral, Flooring - Hardwood, Chair Rail, Recessed Lighting, Wainscoting
  • Kitchen: On Level: Third Floor, Ceiling - Cathedral, Flooring - Hardwood, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
  • Laundry: On Level: Basement
  • Living Room: On Level: Third Floor, Ceiling - Cathedral, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95098
  • Main So: C95098
  • Estimated Sq Ft: 856.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Aluminum

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC
  • Cooling Zones: 2
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Medical Facility, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 120.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 7 Phelps Street Condominium

Fee Information

  • Opt Fee Includes: Extra Storage

Schools

  • Middle School: Collins
  • High School: Salem High

Lot Info

  • Assessments: 215800.00
  • Acre: 0.13
  • Lot Size: 5663.00
  • Page: 124
  • Parcel Number: M:25 L:0317 S:803
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3259.00
  • Assessor Parcel Number: 4465892

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 28, 2019
Sold by
Chertok Benjamin I and Chertok Brian S
Bought by
Smith Carolyn
Seller's Agent
Shari McStay
Keller Williams Realty Evolution
Buyer's Agent
Janine Wuschke
Keller Williams Realty
List Price
$289,000
Sold Price
$279,600
Premium/Discount to List
-$9,400
-3.25%
Total Days on Market
7
Current Estimated Value
$413,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,186
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Aug 24, 2011
Sold by
Udy Stacey A and Udy Emily A
Bought by
Chertk Benjimin I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
4.53%

Purchase Details

Closed on
Aug 25, 2004
Sold by
Szikney William P
Bought by
Udy Stacey A

Range of Values:

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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
Smith Carolyn $279,600 --
Chertk Benjimin I $183,000 --
Udy Stacey A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Udy Stacey A $163,000
Previous Owner Udy Stacey A $162,000
Previous Owner Udy Stacey A $165,000
Previous Owner Udy Stacey A $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $279,600 -3.3% $327 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $289,000 -- $338 / 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 $4,220 $372,100 $0 $372,100
2024 $4,117 $354,300 $0 $354,300
2023 $3,978 $318,000 $0 $318,000
2022 $3,853 $290,800 $0 $290,800
2021 $3,791 $274,700 $0 $274,700
2020 $3,355 $232,200 $0 $232,200
2019 $3,259 $215,800 $0 $215,800
2018 $3,018 $196,600 $0 $196,600
2017 $2,963 $186,800 $0 $186,800
2016 $2,803 $178,900 $0 $178,900
2015 $2,806 $171,000 $0 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72546224

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000317-000803-000803