NOT LISTED FOR SALE

74 Tremont St Unit 2 Salem, MA 01970

North Salem Neighborhood

Estimated Value: $529,000 - $564,000

2 Beds
1.5 Baths
1,270 Sq Ft
$175/mo HOA Fee

Last Sold August 24, 2023

Last sale price $520,000 $409 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,532/month

5 Days on Market

Highlights

  • Medical Services
  • Custom Closet System
  • Property is near public transit
  • Open Floorplan
  • Deck
  • Wood Flooring

About This Home

As of August 2023

Step inside this thoughtfully renovated gem, where every inch has been meticulously crafted to create a harmonious living space. Be prepared to be bathed in an abundance of natural light throughout the unit. Boasting two spacious bedrooms and two tastefully designed bathrooms, this unit provides the perfect balance of comfort and sophistication. The entire building underwent a remarkable renovation in 2021, ensuring that you'll enjoy the benefits of contemporary living in a classic setting. Two private outdoor decks are great for savoring a cup of coffee in the morning sun or unwinding with a glass of wine at the end of the day. Need storage space? Look no further! This property offers additional storage in the basement, providing a convenient solution for all your organizational needs. Two deeded parking spaces included. Easy access to Rt128, Rt114, and the Salem Commuter Rail. *Offer Deadline, Monday 7/10 at 5pm*

Last Agent to Sell the Property

Amanda Veseskis

Lamacchia Realty, Inc. Listed on: 07/05/2023

Lamacchia Realty, Inc.

Last Buyer's Agent

Justin D'Addario

Coldwell Banker Realty - Westford

Coldwell Banker Realty - Westford

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 1915

Lot Details

  • 9,148

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,270 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Light Fixtures
  • Bay Window
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Laundry in Bathroom
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:17 L:0022 S:802,5195610

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 3 Units
  • 74 Tremont Street Condominium Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,139

Year Built

Built in 1915

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1915
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 0
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Overhead
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Laundry Features: Bathroom - Half, First Floor, In Unit, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting
  • Basement: Y
  • Living Area: 1270
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7396
  • LIST PRICE PER Sq Ft: 362.13
  • PRICE PER Sq Ft: 409.45
  • MAIN SO: AN7396

Exterior Features

  • Exterior Features: Porch, Deck
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Ductless
  • Heating: Ductless
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:17 L:0022 S:802,5195610
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9352
  • Lot Size Units: Acres
  • PAGE: 492
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5139
  • Tax Book Number: 40160

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2021
Closed on
Aug 9, 2021
Sold by
Bay Flow Llc
Bought by
Gullo Lawrence and Gunter Ashley S
Seller's Agent
Michelle DeVito
Cameron Real Estate Group
Buyer's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
List Price
$379,900
Sold Price
$433,000
Premium/Discount to List
$53,100
13.98%
Current Estimated Value
$545,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,355
Avg. Annual Appreciation
5.72%
Original Mortgage
$373,000
Outstanding Balance
$339,678
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,677
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Gullo Lawrence $433,000 None Available
Gullo Lawrence $433,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gullo Lawrence $373,000
Closed Gullo Lawrence $373,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $520,000 +13.1% $409 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $459,900 +6.2% $362 / Sq Ft
08/09/2021 08/09/21 Sold $433,000 +14.0% $333 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $379,900 -- $292 / 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 $5,445 $480,200 $0 $480,200
2024 $5,298 $455,900 $0 $455,900
2023 $5,139 $410,800 $0 $410,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amanda Veseskis

    Lamacchia Realty, Inc.

    (978) 808-6756

    1 in this area

    75 Total Sales

    Amanda Veseskis
    Section Image

  • J

    Buyer's Agent in 2023

    Justin D'Addario

    Coldwell Banker Realty - Westford

    Section Image

  • M

    Seller's Agent in 2021

    Michelle DeVito

    Cameron Real Estate Group

    (978) 735-6350

    3 in this area

    65 Total Sales

    Michelle DeVito
    Section Image

  • C

    Buyer's Agent in 2021

    Chinatti Realty Group

    Chinatti Realty Group, Inc.

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73132451

MLS Property Information Network (MLS PIN)

APN: SALE M:17 L:0022 S:802

Massachusetts Essex County Salem 01970 North Salem

74 Tremont St Unit 2, Salem, MA

This home is located at 74 Tremont St Unit 2, Salem, MA 01970 since 05 July 2023 and is currently estimated at $545,355, approximately $429 per square foot. This property was built in 1915. 74 Tremont St Unit 2 is a home located in Essex County with nearby schools including Bates Elementary School, Witchcraft Heights Elementary School, and Saltonstall School.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes