71 Ocean Ave Unit 4 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $296,000 - $364,000
1
Bed
1
Bath
665
Sq Ft
6,098
Sq Ft Lot
About This Home
As of June 2020Fabulous condo with a spacious open floor plan which feels more expansive than the square footage suggests. Pictures show the large living room into the dining room with furniture from before and now empty and freshly painted. The bright, updated kitchen has newer appliances and a bonus dining area in case you want to repurpose the dining room. High ceilings, replacement windows and gleaming hardwood floors throughout add to the beauty and charm of this great home. Large storage area and washer/dryer (NOT coin operated) and one car deeded parking plus street permit. Great location near Forest River Park and beach, Salem State Univ, downtown Salem & train!
Last Listed By
Cynthia Kilbarger
RE/MAX 360 License #454003279 Listed on: 03/07/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,150
Year Built
- Built in 1928
Lot Details
- 6,098
Kitchen
- Range
- Microwave
- ENERGY STAR Qualified Dishwasher
Laundry
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Basement
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:33 L:0052 S:804
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2020
Closed on
Jun 1, 2020
Sold by
Chachus Julie
Bought by
Orton Taylor
Seller's Agent
Cynthia Kilbarger
RE/MAX 360
Buyer's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
List Price
$229,000
Sold Price
$217,500
Premium/Discount to List
-$11,500
-5.02%
Total Days on Market
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,887
Avg. Annual Appreciation
8.51%
Original Mortgage
$206,625
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2004
Sold by
Medico Stephen G
Bought by
Randall Julie
Purchase Details
Closed on
Dec 28, 2001
Sold by
Young Raymond L
Bought by
Medico Stephen G
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orton Taylor | $217,500 | None Available | |
| Randall Julie | $195,000 | -- | |
| Medico Stephen G | $148,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orton Taylor | $206,000 | |
| Closed | Orton Taylor | $206,625 | |
| Previous Owner | Medico Stephen G | $158,200 | |
| Previous Owner | Medico Stephen G | $176,000 | |
| Previous Owner | Medico Stephen G | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2020 06/10/20 | Sold | $217,500 | -5.0% | $327 / Sq Ft |
| 04/25/2020 04/25/20 | Pending | -- | -- | -- |
| 04/20/2020 04/20/20 | For Sale | $229,000 | 0.0% | $344 / Sq Ft |
| 04/10/2020 04/10/20 | Pending | -- | -- | -- |
| 03/17/2020 03/17/20 | Price Changed | $229,000 | -2.6% | $344 / Sq Ft |
| 03/07/2020 03/07/20 | For Sale | $235,000 | 0.0% | $353 / Sq Ft |
| 02/05/2019 02/05/19 | Rented | $1,350 | 0.0% | -- |
| 01/13/2019 01/13/19 | Under Contract | -- | -- | -- |
| 01/10/2019 01/10/19 | For Rent | $1,350 | 0.0% | -- |
| 01/07/2019 01/07/19 | Under Contract | -- | -- | -- |
| 01/04/2019 01/04/19 | For Rent | $1,350 | +22.7% | -- |
| 05/26/2015 05/26/15 | Rented | $1,100 | 0.0% | -- |
| 05/26/2015 05/26/15 | For Rent | $1,100 | 0.0% | -- |
| 06/26/2014 06/26/14 | Rented | $1,100 | +4.8% | -- |
| 06/26/2014 06/26/14 | For Rent | $1,050 | -- | -- |
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 | $3,150 | $277,800 | $0 | $277,800 |
| 2024 | $3,033 | $261,000 | $0 | $261,000 |
| 2023 | $2,870 | $229,400 | $0 | $229,400 |
| 2022 | $2,784 | $210,100 | $0 | $210,100 |
| 2021 | $2,858 | $207,100 | $0 | $207,100 |
| 2020 | $2,783 | $192,600 | $0 | $192,600 |
| 2019 | $2,727 | $180,600 | $0 | $180,600 |
| 2018 | $2,575 | $167,400 | $0 | $167,400 |
| 2017 | $2,588 | $163,200 | $0 | $163,200 |
| 2016 | $2,413 | $154,000 | $0 | $154,000 |
| 2015 | $2,401 | $146,300 | $0 | $146,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Cynthia Kilbarger
RE/MAX
-
Team Harborside
T
Buyer's Agent in 2020
Team Harborside
Sagan Harborside Sotheby's International Realty
(617) 816-1909
7 in this area
146 Total Sales
-
Deirdre Blake
Buyer's Agent in 2015
Deirdre Blake
J. Barrett & Company
(781) 820-4681
17 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72629893
APN: SALE-000033-000000-000052-000804-000804
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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