71 Ocean Ave Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $297,000 - $365,000
1
Bed
1
Bath
655
Sq Ft
5,663
Sq Ft Lot
About This Home
As of June 2016Filled with Character & Charm! Spacious four room 1 bedroom garden style unit! This lovely unit offers open concept living room and dining room with arched entry, high ceilings, wide moldings, gleaming hardwood flooring throughout, large bedroom, updated kitchen and bathroom. Plenty of sunshine! Truly a great layout with many living/floor plan options! Located on a side street minutes away from Downtown shops, Restaurants, Salem State University, Train Station and the Ocean! Off street parking. Laundry and additional storage in basement. Well maintained and self-managed complex. Newer roof & vinyl siding exterior.
Property Details
Home Type
Condominium
Est. Annual Taxes
$3,018
Year Built
1928
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: End, Corner, Front, Back, Garden
- Property Type: Condominium/Co-Op
- Other Agent: 1.00
- Lead Paint: Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1928
Interior Features
- Appliances: Range, Refrigerator
- Has Basement: Yes
- Number of Rooms: 4
- Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Energy: Insulated Windows, Insulated Doors
- Flooring: Wood, Tile
- Interior Amenities: Cable Available
- Bathroom #1: First Floor
- Kitchen: First Floor, 16X7
- Living Room: First Floor, 13X12
- Master Bedroom: First Floor, 14X12
- Master Bedroom Description: Closet, Flooring - Hardwood
- Dining Room: First Floor, 13X10
- No Living Levels: 1
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Beach Ownership: Public
Garage/Parking
- Garage Parking: Detached
- Parking: Off-Street, Assigned
- Parking Spaces: 1
Utilities
- Heating: Gas
- Heat Zones: 1
- Hot Water: Natural Gas
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: 71 Ocean Avenue Condominium
- Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Garden Area, Reserve Funds
- Management: Owner Association
- Pets Allowed: Yes
- No Units: 5
- Unit Building: 1
Fee Information
- Fee Interval: Monthly
Lot Info
- Zoning: R2
- Lot: 801
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2021
Sold by
Roney Nancy A
Bought by
Nancy A Roney T
Total Days on Market
19
Current Estimated Value
Purchase Details
Listed on
Mar 30, 2016
Closed on
Jun 16, 2016
Sold by
Kiley Tara L
Bought by
Roney Nancy A
Seller's Agent
Maria Salzillo
J. Barrett & Company
Buyer's Agent
Clare White Sullivan
Coldwell Banker Realty - Beverly
List Price
$169,900
Sold Price
$172,000
Premium/Discount to List
$2,100
1.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$137,600
Interest Rate
3.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2006
Sold by
Dowley Patricia A and Ryder Patricia A
Bought by
Kiley Tara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 28, 2001
Sold by
Young Raymond L
Bought by
Dowley Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nancy A Roney T | -- | None Available | |
| Roney Nancy A | $172,000 | -- | |
| Kiley Tara L | $167,500 | -- | |
| Dowley Patricia A | $148,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Roney Nancy A | $137,600 | |
| Previous Owner | Dowley Patricia A | $124,000 | |
| Previous Owner | Dowley Patricia A | $134,000 | |
| Previous Owner | Dowley Patricia A | $6,500 | |
| Previous Owner | Dowley Patricia A | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2016 06/16/16 | Sold | $172,000 | +1.2% | $263 / Sq Ft |
| 04/18/2016 04/18/16 | Pending | -- | -- | -- |
| 03/30/2016 03/30/16 | For Sale | $169,900 | -- | $259 / 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 | $3,018 | $266,100 | $0 | $266,100 |
| 2024 | $2,910 | $250,400 | $0 | $250,400 |
| 2023 | $2,837 | $226,800 | $0 | $226,800 |
| 2022 | $2,753 | $207,800 | $0 | $207,800 |
| 2021 | $2,826 | $204,800 | $0 | $204,800 |
| 2020 | $2,751 | $190,400 | $0 | $190,400 |
| 2019 | $2,697 | $178,600 | $0 | $178,600 |
| 2018 | $2,547 | $165,600 | $0 | $165,600 |
| 2017 | $2,561 | $161,500 | $0 | $161,500 |
| 2016 | $2,434 | $155,300 | $0 | $155,300 |
| 2015 | $2,424 | $147,700 | $0 | $147,700 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Salzillo
Seller's Agent in 2016
Maria Salzillo
J. Barrett & Company
(508) 527-6910
1 in this area
124 Total Sales
-
Buyer's Agent in 2016
Clare White Sullivan
Coldwell Banker Realty - Beverly
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71979495
APN: SALE-000033-000000-000052-000801-000801
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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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