NOT LISTED FOR SALE

Estimated Value: $431,000 - $492,000

1 Bed
1 Bath
1,077 Sq Ft
$277/mo HOA Fee

Last Sold August 15, 2023

Last sale price $425,000 $395 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,085/month

2 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • No Units Above
  • Property is near public transit
  • 2-minute walk to Salem Common

About This Home

As of August 2023

Gorgeous penthouse condo in Salem, MA. This 1 bed, 1 bath gem features stunning lofted ceilings, creating an open and airy ambiance. The renovated kitchen boasts modern finishes, making cooking a joy. Additionally, there's a separate loft area that can be used as an additional bedroom or a cozy home office. The unit comes with deeded parking, in unit washer/dryer ensuring convenience and peace of mind. Lounge in the common yard and walk a few steps to the famous Salem Commons. Located in historic Salem, this penthouse offers the perfect blend of style, functionality, and location. Don't miss this incredible opportunity to own a slice of paradise in one of Massachusetts' most charming cities.

Last Agent to Sell the Property

Scarlett Tamburro

Gibson Sotheby's International Realty Listed on: 06/22/2023

Gibson Sotheby's International Realty

Last Buyer's Agent

Scarlett Tamburro

Gibson Sotheby's International Realty Listed on: 06/22/2023

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 1900

Lot Details

  • No Units Above
  • Garden

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,077 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Flooring

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Cooling Zone
  • Central Heating
  • 1 Heating Zone

Listing and Financial Details

  • Assessor Parcel Number 2136140

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 13 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Community Garden
  • Shops

Recreation

  • Park
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,270

Year Built

Built in 1900

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1900
  • Entry Level: 3
  • Year Built Details: Actual,Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Freezer,Washer,Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Basement: N
  • Living Area: 1077
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN1921
  • MAIN SO: AN1921

Exterior Features

  • Exterior Features: Garden
  • Common Walls: No One Above
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Patio
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Garden Area
  • Association Fee: 276.9
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Public School
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 2136140
  • Zoning: n/a
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4270

Multi Family

  • Number Of Units Total: 13
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 11, 2023
Sold by
Kurkjy Samantha Est and Kurkjy
Bought by
Mcmanus Katherine
Seller's Agent
Scarlett Tamburro
Gibson Sotheby's International Realty
Buyer's Agent
Scarlett Tamburro
Gibson Sotheby's International Realty
List Price
$425,000
Sold Price
$425,000
Views
48
Current Estimated Value
$459,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,228
Avg. Annual Appreciation
3.43%
Original Mortgage
$310,000
Outstanding Balance
$302,327
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$156,901

Purchase Details

Listed on
May 30, 2018
Closed on
Aug 6, 2018
Sold by
Holland Brittney
Bought by
Kurkjy Samantha L
Seller's Agent
Federal Street Properties Group
Keller Williams Realty Evolution
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$289,900
Sold Price
$330,000
Premium/Discount to List
$40,100
13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$320,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2013
Closed on
May 2, 2014
Sold by
Bynum Kaimu H
Bought by
Holland Brittney
Seller's Agent
Claire Tague
Coldwell Banker Residential Brokerage - Salem
Buyer's Agent
Andrea Dodge
Coldwell Banker Realty - Marblehead
List Price
$199,900
Sold Price
$194,000
Premium/Discount to List
-$5,900
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
May 31, 2007
Sold by
Mcgrail Mary Ellen
Bought by
Bynum Kaimu H

Purchase Details

Closed on
Dec 20, 2004
Sold by
Rankin Jeanne M
Bought by
Mcgrail Mary Ellen

Purchase Details

Closed on
Mar 29, 1994
Sold by
Johnson Tod J
Bought by
Rankin Jeanne M

Purchase Details

Closed on
Jan 10, 1991
Sold by
Realty Quest Dev Trust
Bought by
Johnson Todd J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Mcmanus Katherine $425,000 None Available
Kurkjy Samantha L $330,000 --
Holland Brittney $194,000 --
Bynum Kaimu H $239,000 --
Bynum Kaimu H $239,000 --
Mcgrail Mary Ellen $262,500 --
Mcgrail Mary Ellen $262,500 --
Rankin Jeanne M $88,000 --
Rankin Jeanne M $88,000 --
Johnson Todd J $84,000 --
Johnson Todd J $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmanus Katherine $310,000
Previous Owner Kurkjy Samantha L $320,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Sold $425,000 0.0% $395 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $425,000 +28.8% $395 / Sq Ft
08/06/2018 08/06/18 Sold $330,000 +13.8% $402 / Sq Ft View Prior Sale
06/06/2018 06/06/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $289,900 +49.4% $353 / Sq Ft
05/02/2014 05/02/14 Sold $194,000 0.0% $236 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Pending -- -- --
03/25/2014 03/25/14 Off Market $194,000 -- --
02/14/2014 02/14/14 Price Changed $194,000 -3.0% $236 / Sq Ft
01/13/2014 01/13/14 For Sale $199,900 +3.0% $243 / Sq Ft
12/20/2013 12/20/13 Off Market $194,000 -- --
12/04/2013 12/04/13 For Sale $199,900 0.0% $243 / Sq Ft
02/03/2012 02/03/12 Rented $1,200 -20.0% --
01/04/2012 01/04/12 Under Contract -- -- --
11/25/2011 11/25/11 For Rent $1,500 -- --
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 $4,685 $413,100 $0 $413,100
2024 $4,473 $384,900 $0 $384,900
2023 $4,270 $341,300 $0 $341,300
2022 $4,256 $321,200 $0 $321,200
2021 $4,152 $300,900 $0 $300,900
2020 $4,084 $282,600 $0 $282,600
2019 $3,606 $238,800 $0 $238,800
2018 $3,287 $213,700 $0 $213,700
2017 $3,208 $202,300 $0 $202,300
2016 $3,049 $194,600 $0 $194,600
2015 $3,116 $189,900 $0 $189,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73128582

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000017-000813-000813