NOT LISTED FOR SALE

Estimated Value: $408,000 - $462,479

2 Beds
1 Bath
882 Sq Ft
$295/mo HOA Fee

Last Sold March 04, 2022

Last sale price $412,500 $468 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,168/month

5 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • End Unit

About This Home

As of March 2022

Magnificent 2 bedroom, 1 bathroom condo completely renovated in 2019. This gorgeous home is located in close proximity to downtown Salem, the commuter rail, local parks and beaches, Salem State University, the Marblehead/Salem rail trail and the Peabody Essex Museum. The home boasts an ideal layout consisting of two large bedrooms, a spacious living room, a magnificent chef’s kitchen featuring granite counters, stainless steel appliances, gas stove, breakfast bar and a separate wetbar with wine refrigerator. A full bathroom and laundry room round out the home. Other features include one off-street parking space, hardwood floors throughout, common outdoor space and two private storage units in the basement.

Last Listed By

Anthony Bruno

Gibson Sotheby's International Realty Listed on: 01/12/2022

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Garden Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Fireplace
  • Window Screens
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Central Heating
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5117796

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 4 Units
  • Low-Rise Condominium
  • Gardner Place Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,558

Year Built

Built in 1915 | Remodeled

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Low-Rise, 2/3 Family
  • Year Built: 1915
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Wet Bar
  • Entry Location: Unit Placement(Front,Back)
  • Fireplace YN: Yes
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer,Wine Refrigerator, Tank Water Heaterless
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom2 Area: 138.833333
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood, Lighting - Overhead, Closet - Double
  • Room Master Bedroom Level: Main
  • Room Master Bedroom Area: 187.284722
  • Bathroom 1 Area: 46.173611
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Lighting - Sconce
  • Bathroom 1 Level: Main
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Wet Bar, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Wine Chiller, Gas Stove, Peninsula
  • Room Kitchen Area: 208.326388
  • Laundry Features: Main Level, First Floor, In Unit
  • Room Living Room Level: Main
  • Room Living Room Area: 184.25
  • Room Living Room Features: Flooring - Hardwood, Cable Hookup, Recessed Lighting
  • Living Area: 882
  • Stories Total: 1
  • Window Features: Screens
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 447.85
  • PRICE PER Sq Ft: 467.69
  • MAIN SO: C95098

Exterior Features

  • Exterior Features: Rain Gutters
  • Common Walls: End Unit, Corner
  • Construction Materials: Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Central, Baseboard, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 294.75
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 5117796
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 0
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4558
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 4
  • NO UNITS OWNER OCC: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 4, 2022
Sold by
Flanagan Clarissa M
Bought by
Hennessey Meghan
Seller's Agent
Anthony Bruno
Gibson Sotheby's International Realty
Buyer's Agent
Alexis MacIntyre
Ocean's Edge Real Estate
List Price
$395,000
Sold Price
$412,500
Premium/Discount to List
$17,500
4.43%
Total Days on Market
5
Current Estimated Value
$446,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,620
Avg. Annual Appreciation
2.43%
Original Mortgage
$380,000
Outstanding Balance
$359,942
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,335

Purchase Details

Closed on
Jul 2, 2019
Sold by
Beverly Builders Llc
Bought by
Flanagan Clarissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,950
Interest Rate
3.82%
Mortgage Type
New Conventional

Range of Values:

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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
Hennessey Meghan $412,500 None Available
Flanagan Clarissa M $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennessey Meghan $380,000
Previous Owner Flanagan Clarissa M $324,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $412,500 +4.4% $468 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $395,000 -- $448 / 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 $4,795 $422,800 $0 $422,800
2024 $4,595 $395,400 $0 $395,400
2023 $4,460 $356,500 $0 $356,500
2022 $4,558 $344,000 $0 $344,000
2021 $4,441 $321,800 $0 $321,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72933324

MLS Property Information Network (MLS PIN)

APN: 34-0023-802