NOT LISTED FOR SALE

Estimated Value: $291,000 - $376,000

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

Last Sold June 16, 2016

Last sale price $172,000 $263 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,001/month

19 Days on Market

About This Home

As of June 2016

Filled 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.

Last Agent to Sell the Property

Maria Salzillo

J. Barrett & Company Listed on: 03/30/2016

Last Buyer's Agent

Clare White Sullivan

Coldwell Banker Realty - Beverly License #454007168

Coldwell Banker Realty - Beverly

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
Current Estimated Value
$331,240

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
7.24%
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
Source: Public Records

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
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

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 $3,018 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71979495

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000052-000801-000801