$212,500
SOLD AUG 15, 2013
2 Beds
1 Bath
891 Sq Ft
1980 Built

Recently Sold

$238 Per Sq Ft

8% Below List Price

60 Days on Market

About This Home

As of October 2022

This home will make you feel like you're on vacation 365 days a year! Oh what lovely views! The sunrise is magnificent-it will make you want to get out of bed! Spacious open concept with wood flooring, granite in the kitchen, new central a/c, gas heat and direct water front balcony. Move in condition will give you the opportunity to enjoy all the fun happenings in Salem. Walk out your door and right down to the water. Throw in your boat and go paddle about. Doesn't get much better than this

Last Agent to Sell the Property

Marilyn Jarvis

Keller Williams Realty Evolution License #454000248

Keller Williams Realty Evolution

Last Buyer's Agent

Phil Bourgeault

Sagan Harborside Sotheby's International Realty

Sagan Harborside Sotheby's International Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Oct 28, 2022
Sold by
Kaetzer John and Kaetzer Judith M
Bought by
Bourgeois James
Seller's Agent
Allison Ackerman
The Proper Nest Real Estate
Buyer's Agent
Peter Michaud
Gibson Sotheby's International Realty
List Price
$474,000
Sold Price
$501,000
Premium/Discount to List
$27,000
5.7%
Total Days on Market
60
Views
54
Current Estimated Value
$566,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,938
Avg. Annual Appreciation
4.97%
Original Mortgage
$90,000
Outstanding Balance
$87,221
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$479,717

Purchase Details

Closed on
Mar 31, 2021
Sold by
Bascom Hannah
Bought by
Kaetzer John and Kaetzer Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2018
Sold by
Mccarthy Ryan
Bought by
Bascom Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 14, 2013
Closed on
Aug 16, 2013
Sold by
Sharma Manaswi and Venkateswaran Anjli
Bought by
Mccarthy Ryan and Nascom Hannah
Seller's Agent
Marilyn Jarvis
Keller Williams Realty Evolution
Buyer's Agent
Phil Bourgeault
Sagan Harborside Sotheby's International Realty
List Price
$229,900
Sold Price
$212,500
Premium/Discount to List
-$17,400
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$161,250
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
Morrow Rene Denise
Bought by
Sharma Manaswi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,910
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2001
Sold by
Bell Mark and Bell Patricia K
Bought by
Morrow Rene Denise

Purchase Details

Closed on
Mar 31, 1999
Sold by
Wichtowski Jean
Bought by
Bell Patricia K and Bell Mark K

Purchase Details

Closed on
Oct 15, 1993
Sold by
Ferdman Mauro and Ferdman Susan
Bought by
Wichtowski Jean

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,603

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Street, Upper, Corner, Front, Back
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Wood, Marble
  • Interior Amenities: Cable Available
  • Bedroom 2: Third Floor
  • Bathroom #1: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Third Floor
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Closet, Flooring - Vinyl, High Speed Internet Hookup
  • Dining Room: Third Floor

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Balcony

Garage/Parking

  • Garage Parking: Carport
  • Garage Spaces: 2
  • Parking: Deeded, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: Collins Cove Condo Assoc
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 4
  • Unit Building: 22

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Condominium Deed $501,000 None Available
Condominium Deed $400,000 None Available
Deed -- --
Not Resolvable $215,000 --
Deed -- --
Deed $169,900 --
Deed $113,000 --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Purchase Money Mortgage
Previous Owner $380,000 Purchase Money Mortgage
Previous Owner $148,000 Unknown
Previous Owner $161,250 New Conventional
Previous Owner $165,000 No Value Available
Previous Owner $179,910 Purchase Money Mortgage
Previous Owner $134,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $501,000 +5.7% $562 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $474,000 +123.1% $532 / Sq Ft
08/15/2013 08/15/13 Sold $212,500 0.0% $238 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
07/23/2013 07/23/13 Off Market $212,500 -- --
07/17/2013 07/17/13 Price Changed $224,900 -2.2% $252 / Sq Ft
06/14/2013 06/14/13 For Sale $229,900 -- $258 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,603 $494,100 $0 $494,100
2024 $5,599 $481,800 $0 $481,800
2023 $4,666 $373,000 $0 $373,000
2022 $4,048 $305,500 $0 $305,500
2021 $3,809 $276,000 $0 $276,000
2020 $3,881 $268,600 $0 $268,600
2019 $3,822 $253,100 $0 $253,100
2018 $3,594 $233,700 $0 $233,700
2017 $3,491 $220,100 $0 $220,100
2016 $3,242 $206,900 $0 $206,900
2015 $3,267 $199,100 $0 $199,100
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71542037

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000470-000804-000804