L
Seller's Agent in 2023
Liliya Sherman
Sherman Realty
(508) 631-1779
1 in this area
18 Total Sales
8 Russell Dr Unit 7B Salem, MA 01970
South Salem Neighborhood
2
Beds
2
Baths
1,586
Sq Ft
$373/mo
HOA Fee
About This Home
As of June 2023This townhouse style condo has 2 bedrooms, 2 bathrooms, and has a great flowing layout with plenty of storage space in the attic. Park your car in the garage and walk right into your home. The first floor features a bedroom, full bath with stackable washer and dryer and a utility room which you can use for additional storage. As you go upstairs, you have a living room with a skylight, ceiling fans, fireplace and hardwood floors that leads out to the private deck. If you exit from the back, you can be at the pool or Tennis court in 1 minute or continue your walk to the Forrest River Conservation and Salem Woods. The second floor also includes an open layout kitchen with an island and dining room as well as the master bed and another bathroom. Complex had many upgrades, the roof was updated in 2017, roads, siding and carpentry and pool has been updated in the last 2 years. Location, you're less than a mile from Salem State University, 2 miles from Pioneer Village, close to Route 1.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,965
Year Built
- Built in 1980
HOA Fees
- $373 per month
Parking
- 1 Car Garage
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Vinyl
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- Pets Allowed
Listing and Financial Details
- Assessor Parcel Number M:22 L:0182 S:838
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%
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
$31,331
Avg. Annual Appreciation
0.79%
Original Mortgage
$325,000
Outstanding Balance
$316,997
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,037
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
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500,000 | None Available | |
| Deed | $273,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $290,000 | -- | |
| Deed | $112,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | Purchase Money Mortgage | |
| Previous Owner | $168,000 | New Conventional | |
| Previous Owner | $232,000 | Purchase Money Mortgage | |
| Previous Owner | $97,000 | Purchase Money Mortgage |
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
-
Jennifer Schneider
Buyer's Agent in 2023
Jennifer Schneider
Century 21 Elite Realty
(617) 733-8211
1 in this area
131 Total Sales
-
Arthur Martiroso
Seller's Agent in 2018
Arthur Martiroso
Keller Williams Realty
(617) 340-9135
2 in this area
216 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72375620
APN: SALE-000022-000000-000182-000838-000838
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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