NOT LISTED FOR SALE

Estimated Value: $407,000 - $485,000

2 Beds
1 Bath
845 Sq Ft
2,352 Sq Ft Lot

Last Sold April 29, 2016

Last sale price $245,000 $290 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,754/month

14 Days on Market

About This Home

As of April 2016

Stunning top floor unit situated in the heart of historical downtown Salem! Well maintained with many features and upgrades throughout. Kitchen offers tremendous cabinet space with stunning Oak cabinets, granite counter tops, S/S appliances, under/above cabinet lights, recessed lights and ceiling speaker! Kitchen opens to the formal dining room providing a great space to entertain! Living room offers plenty of natural light, wood pine floors, a built-in cabinet and ceiling speaker as well! Two generous sized bedrooms both offering plenty of natural light and closet space! Exterior provides a private front balcony and fenced in back yard! The only unit in building that offers off street parking! Don't miss out!

Last Listed By

Listing Group

Lamacchia Realty, Inc. Listed on: 03/03/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,953

Year Built

1915

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1915

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Laundromat, Bike Path, Highway Access, Marina, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Hardwood
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 15X10
  • Bathroom #1: First Floor, 10X4
  • Kitchen: First Floor, 14X10
  • Living Room: First Floor, 15X10
  • Master Bedroom: First Floor, 13X12
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: First Floor, 12X9
  • No Living Levels: 1

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking: Off-Street, On Street Permit, Deeded
  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 7 Turner St Condo Association
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Carlton
  • Middle School: Collins
  • High School: Salem High

Lot Info

  • Assessor Parcel Number: M:41 L:0054 S:803
  • Zoning: R2
  • Lot: 803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 29, 2016
Sold by
Harney Paul F
Bought by
Bennett Katy M
Seller's Agent
Listing Group
Lamacchia Realty, Inc.
Buyer's Agent
Prestige Homes Realty Team
Prestige Homes Real Estate, LLC
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Total Days on Market
14
Current Estimated Value
$435,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,313
Avg. Annual Appreciation
5.99%
Original Mortgage
$234,000
Outstanding Balance
$189,184
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$226,117

Purchase Details

Closed on
Aug 31, 2005
Sold by
Aizanman Darren A
Bought by
Harney Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Bennett Katy M $245,000 --
Harney Paul F $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Katy M $12,000
Open Bennett Katy M $234,000
Previous Owner Harney Paul F $195,300
Previous Owner Harney Paul F $52,500
Previous Owner Harney Paul F $208,000
Previous Owner Harney Paul F $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $245,000 -2.0% $290 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $250,000 -- $296 / 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 $3,953 $348,600 $0 $348,600
2024 $3,785 $325,700 $0 $325,700
2023 $3,727 $297,900 $0 $297,900
2022 $3,595 $271,300 $0 $271,300
2021 $3,475 $251,800 $0 $251,800
2020 $3,407 $235,800 $0 $235,800
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: 71966940

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000054-000803-000803