NOT LISTED FOR SALE

88 Ocean Ave Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $542,000 - $565,000

3 Beds
2 Baths
1,380 Sq Ft
$167/mo HOA Fee

Last Sold July 19, 2021

Last sale price $445,000 $322 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,712/month

19 Days on Market

About This Home

As of July 2021

Beautiful NEW condominium located in desirable Historic Salem. This 3 bedrooms and 2 full large bathrooms has 1,380 sq ft, gleaming wood floors throughout, lots of closets and extra storage room. Fully applianced stainless steel kitchen with designer fixtures and lots of natural light. New paint in and out, landscape and new yard area. Washer and dryer hookup in unit. Walking distance to shopping, restaurants and commuter rail. Convenient to town, waterfront, and train access. 1 garage bay and 1 parking spot. Low condo fee.

Last Listed By

Jarvid Cortes

Keller Williams Realty Evolution Listed on: 05/06/2021

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 1910

Lot Details

  • 5,706

HOA Fees

  • $167 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0067

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,509

Year Built

Built in 1910

Lot Details

0

HOA Fees

$167 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 1.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 322.46
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor
  • Bedroom 3: On Level: First Floor
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: First Floor
  • No Rooms: 6
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Laundry Features: In Unit
  • Living Room: On Level: First Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95098
  • Main So: AN2888
  • Estimated Sq Ft: 1380.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1
  • Garage Parking: Detached, Garage Door Opener
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station, University
  • HOA Fees: 167.00
  • Association Fee Includes: Heat, Hot Water, Electric, Refuse Removal
  • Condo Association: Yes

Lot Info

  • Assessments: 695600.00
  • Page: 425
  • Parcel Number: M:33 L:0067
  • Zoning: B4

Tax Info

  • Taxes: 9599.00
  • Assessor Parcel Number: 2134587
  • Tax Year: 2021

Multi Family

  • No Units: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $445,000 0.0% $322 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $445,000 -2.2% $322 / Sq Ft
05/06/2021 05/06/21 For Sale $455,000 +5.8% $330 / Sq Ft
06/26/2020 06/26/20 Sold $429,900 0.0% $334 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $429,900 -- $334 / 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 $5,509 $485,800 $0 $485,800
2024 $5,359 $461,200 $0 $461,200
2023 $5,168 $413,100 $0 $413,100
2022 $4,982 $376,000 $0 $376,000
Source: Public Records

Agents Affiliated with this Home

  • Jarvid Cortes

    Seller's Agent in 2021

    Jarvid Cortes

    Keller Williams Realty Evolution

    (978) 879-6040

    2 in this area

    52 Total Sales

    Jarvid Cortes
    Section Image
  • sharon gordon

    Buyer's Agent in 2021

    sharon gordon

    RE/MAX

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72827329

MLS Property Information Network (MLS PIN)

APN: SALE M:33 L:0067 S:801

Massachusetts Essex County Salem 01970 South Salem

88 Ocean Ave Unit 1, Salem, MA

Homes for Sale in Salem, MA

This home is located at 88 Ocean Ave Unit 1, Salem, MA 01970 since 06 May 2021 and is currently estimated at $551,324, approximately $399 per square foot. This property was built in 1910. 88 Ocean Ave Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

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