NOT LISTED FOR SALE

Estimated Value: $480,000 - $515,469

2 Beds
2 Baths
814 Sq Ft
4,792 Sq Ft Lot

Last Sold June 19, 2020

Last sale price $375,000 $461 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,080/month

81 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Collins Cove Park

About This Home

As of June 2020

Virtual Tour Available! Are you looking for a beautiful, recently renovated condo, walkable to the train, restaurants, and shopping, all without the big city price tag? Look no further. Located at the gateway of Salem Neck, this 2 bedroom, 2 bath condo provides unheard of value in today's real estate market. Fully renovated inside and out in 2018, this top-level home is virtually maintenance-free. Highlights include fantastic natural light, hardwood floors throughout, a beautiful kitchen with quartz countertops, stainless steel appliances, in-unit laundry, a spa-like master suite, and central air conditioning. Off-street parking, a pet-friendly Association, and private storage complete this incredible offering. Whether you decide to walk to the beach, downtown Salem, Salem common, downtown Beverly or, catch the train to Boston via Salem Station, just a short walk away, you'll have plenty of options to live an enviable lifestyle. Virtual tour available!

Last Agent to Sell the Property

Tom Sheehan

Compass Listed on: 02/26/2020

Compass

Last Buyer's Agent

Patricia LeBlanc

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1990

Lot Details

  • 4,792

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0362 S:804

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,374

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 2.50
  • Year Built Description: Unknown/Mixed
  • List Price Per Sq Ft: 460.69
  • Comp Based On: Net Sale Price
  • Year Built: 1990
  • Lead Paint: Unknown
  • Unit Building: 4
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 5
  • Kitchen: On Level: Second Floor
  • Laundry: On Level: Second Floor
  • Living Room: On Level: Second Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN2383
  • Main So: AN4339
  • Estimated Sq Ft: 814.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Unit Features: Patio

Garage/Parking

  • Parking Feature: Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
  • HOA Fees: 180.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 346700.00
  • Acre: 0.11
  • Lot Size: 5001.00
  • Page: 521
  • Parcel Number: M:36 L:0362 S:804
  • Zoning: B1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5010.00
  • Assessor Parcel Number: 5033480

Multi Family

  • No Units: 4
  • No Units Owner Occ: 4

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Jun 19, 2020
Sold by
Young Christopher A
Bought by
Krapish Elena L and Lafey Mariah P
Seller's Agent
Tom Sheehan
Compass
Buyer's Agent
Patricia LeBlanc
Century 21 North East
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$499,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,867
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Mar 7, 2018
Sold by
85 Bridge Street Llc
Bought by
Young Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Krapish Elena L $375,000 None Available
Young Christopher A $351,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Christopher A $280,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $375,000 0.0% $461 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $375,000 0.0% $461 / Sq Ft
04/06/2020 04/06/20 Off Market $375,000 -- --
03/20/2020 03/20/20 For Sale $375,000 0.0% $461 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $375,000 -- $461 / 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 $5,374 $473,900 $0 $473,900
2024 $5,213 $448,600 $0 $448,600
2023 $4,835 $386,500 $0 $386,500
2022 $4,834 $364,800 $0 $364,800
2021 $4,935 $357,600 $0 $357,600
2020 $5,010 $346,700 $0 $346,700
2019 $5,063 $335,300 $0 $335,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72624146

MLS Property Information Network (MLS PIN)

APN: 36-0362-804