NOT LISTED FOR SALE

Estimated Value: $400,648 - $445,000

2 Beds
1 Bath
845 Sq Ft
2,178 Sq Ft Lot

Last Sold May 18, 2012

Last sale price $172,000 $204 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,629/month

229 Days on Market

About This Home

As of May 2012

Ideal location in close proximity to commuter rail,shops,restaurants,waterfront,PEM,Common & ferry to Boston. This first floor condo offers bright and airy living spaces. Impeccable move in condition ~ updated kitchen with granite counters and stainless appliances. A terrific layout for entertaining. Generous master bedrooms overlooking well manicured yard. Gorgeous hardwood floors throughout. Excellent storage space. Freshly painted. Just move right in and enjoy all Salem has to offer you!

Last Listed By

Sarah MacBurnie Liporto

Ocean's Edge Real Estate Listed on: 09/21/2011

Ocean's Edge Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,879

Year Built

1915

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Bedroom 2: First Floor, 12X11
  • Bathroom #1: First Floor
  • Kitchen: First Floor, 14X10
  • Laundry Room: Basement
  • Living Room: First Floor, 15X10
  • Master Bedroom: First Floor, 15X9
  • Master Bedroom Description: Hard Wood Floor, Closet
  • Dining Room: First Floor, 12X9

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas
  • Water/Sewer: City/Town Water, City/Town Sewer

Condo/Co-op/Association

  • Condominium Name: 7 Turner Street Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance
  • Pets Allowed: Yes w/ Restrictions (See Remarks)
  • No Units: 3
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2011
Closed on
May 18, 2012
Sold by
Tuxbury Susan
Bought by
Krantz Jarad
Seller's Agent
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
Buyer's Agent
John & Cindy Farrell
Coldwell Banker Realty - Beverly
List Price
$209,000
Sold Price
$172,000
Premium/Discount to List
-$37,000
-17.7%
Total Days on Market
229
Current Estimated Value
$413,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,912
Avg. Annual Appreciation
6.89%
Original Mortgage
$166,840
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2008
Sold by
Fnma
Bought by
Tuxbury Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2008
Sold by
Fnma
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Aizanman Darren A
Bought by
Dillon Janice M

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
Krantz Jarad $172,000 --
Tuxbury Susan $175,000 --
Federal National Mortgage Association $165,818 --
Dillon Janice M $233,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krantz Jarad $161,250
Closed Dillon Janice M $166,840
Previous Owner Dillon Janice M $131,250
Previous Owner Dillon Janice M $35,000
Previous Owner Dillon Janice M $10,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2012 05/18/12 Sold $172,000 -4.4% $204 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
03/30/2012 03/30/12 Price Changed $179,900 -5.3% $213 / Sq Ft
01/04/2012 01/04/12 Price Changed $189,899 0.0% $225 / Sq Ft
11/01/2011 11/01/11 Price Changed $189,900 -5.0% $225 / Sq Ft
09/30/2011 09/30/11 Price Changed $199,900 -4.4% $237 / Sq Ft
09/21/2011 09/21/11 For Sale $209,000 -- $247 / 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 $3,879 $342,100 $0 $342,100
2024 $3,716 $319,800 $0 $319,800
2023 $3,694 $295,300 $0 $295,300
2022 $3,560 $268,700 $0 $268,700
2021 $3,442 $249,400 $0 $249,400
2020 $3,374 $233,500 $0 $233,500
2019 $3,292 $218,000 $0 $218,000
2018 $3,122 $203,000 $0 $203,000
2017 $3,042 $191,800 $0 $191,800
2016 $2,836 $181,000 $0 $181,000
2015 $2,819 $171,800 $0 $171,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71290367

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000054-000801-000801