8 Russell Dr Unit 7B Salem, MA 01970
South Salem NeighborhoodEstimated Value: $490,000 - $530,000
2
Beds
2
Baths
1,586
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- Medical Services
- Custom Closet System
- Property is near public transit
- In Ground Pool
- Deck
- Cathedral Ceiling
About This Home
As of June 2023This townhouse has it all! Completely renovated 2 bedroom, 2 full bathroom, bright and sunny home. Spacious living room with gleaming hardwood floors, skylight, wood-burning fireplace and a new sliding door for the balcony. New kitchen with stainless steel appliances and an island leading to a beautiful dining room with crown molding. The dining room can easily be converted to a 3rd bedroom. Freshly painted one car garage, updated bathrooms, in-unit washer and dryer, plenty of storage space in the attic. Pickman Park is a great place to live. The complex has done many upgrades - roof, roads, exterior siding, pool, tennis court. Make this your new home!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,173
Year Built
- Built in 1980 | Remodeled
Lot Details
- Two or More Common Walls
HOA Fees
- $406 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Off-Street Parking
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,586 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Sliding Doors
- Living Room with Fireplace
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Custom Closet System
- 2 Full Bathrooms
- Bathtub
- Separate Shower
Laundry
- Laundry in unit
- Washer and Electric Dryer Hookup
Outdoor Features
- In Ground Pool
- Balcony
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Heating Zone
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M:22 L:0182 S:838,2130690
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
- 268 Units
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2023
Closed on
Jun 2, 2023
Sold by
Nikolayev Elena
Bought by
Maffei William J
Seller's Agent
Liliya Sherman
Sherman Realty
Buyer's Agent
Jennifer Schneider
Century 21 Elite Realty
List Price
$449,999
Sold Price
$500,000
Premium/Discount to List
$50,001
11.11%
Total Days on Market
2
Views
86
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
$8,233
Avg. Annual Appreciation
0.83%
Original Mortgage
$325,000
Outstanding Balance
$318,014
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,219
Purchase Details
Listed on
Aug 8, 2018
Closed on
Sep 13, 2018
Sold by
Cornwell 3Rd William D
Bought by
Nikolayev Elena
Seller's Agent
Arthur Martiroso
Keller Williams Realty
Buyer's Agent
Liliya Sherman
Sherman Realty
List Price
$269,900
Sold Price
$273,000
Premium/Discount to List
$3,100
1.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%
Purchase Details
Closed on
Nov 9, 2015
Sold by
Cornwell Evangeline W
Bought by
Cornwell 3Rd William D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 14, 2005
Sold by
Azevedo Milena A
Bought by
Cornwell 3Rd William D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 5, 1993
Sold by
Lucien Angela H
Bought by
Klaus Jeffrey S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maffei William J | $500,000 | None Available | |
| Nikolayev Elena | $273,000 | -- | |
| Cornwell 3Rd William D | -- | -- | |
| Cornwell 3Rd William D | $290,000 | -- | |
| Klaus Jeffrey S | $112,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maffei William J | $325,000 | |
| Previous Owner | Cornwell 3Rd William D | $168,000 | |
| Previous Owner | Klaus Jeffrey S | $232,000 | |
| Previous Owner | Klaus Jeffrey S | $97,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2023 06/02/23 | Sold | $500,000 | +11.1% | $315 / Sq Ft |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- |
| 04/21/2023 04/21/23 | For Sale | $449,999 | +64.8% | $284 / Sq Ft |
| 09/13/2018 09/13/18 | Sold | $273,000 | +1.1% | $172 / Sq Ft |
| 08/13/2018 08/13/18 | Pending | -- | -- | -- |
| 08/08/2018 08/08/18 | For Sale | $269,900 | -- | $170 / 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 | $4,965 | $437,800 | $0 | $437,800 |
| 2024 | $4,407 | $379,300 | $0 | $379,300 |
| 2023 | $4,173 | $333,600 | $0 | $333,600 |
| 2022 | $4,062 | $306,600 | $0 | $306,600 |
| 2021 | $3,846 | $278,700 | $0 | $278,700 |
| 2020 | $3,972 | $274,900 | $0 | $274,900 |
| 2019 | $3,861 | $255,700 | $0 | $255,700 |
| 2018 | $3,505 | $238,000 | $0 | $238,000 |
| 2017 | $3,469 | $218,700 | $0 | $218,700 |
| 2016 | $3,400 | $217,000 | $0 | $217,000 |
| 2015 | $3,353 | $204,300 | $0 | $204,300 |
Source: Public Records
Agents Affiliated with this Home
-
Liliya Sherman
L
Seller's Agent in 2023
Liliya Sherman
Sherman Realty
(508) 631-1779
1 in this area
18 Total Sales
-
Jennifer Schneider
Buyer's Agent in 2023
Jennifer Schneider
Century 21 Elite Realty
(617) 733-8211
1 in this area
136 Total Sales
-
Arthur Martiroso
Seller's Agent in 2018
Arthur Martiroso
Keller Williams Realty
(617) 340-9135
2 in this area
227 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73101565
APN: SALE-000022-000000-000182-000838-000838
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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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