NOT LISTED FOR SALE

88 Ocean Ave Unit 2 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $545,456 - $564,000

3 Beds
2 Baths
1,287 Sq Ft
5,706 Sq Ft Lot

Last Sold June 26, 2020

Last sale price $405,000 $315 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,542/month

7 Days on Market

About This Home

As of June 2020

WOW! Absolutely stunning modern *new* condos in desirable Historic Salem MA. Fully applianced stainless kitchen with designer fixtures, authentic wood floors through out , 3 bedrooms, washer and dryer hookup in unit, lots of closets , tile shower/ bath. 1 garage bay and 1 parking spot, central a/c, sun drenched deck, . Ideally located within minutes of shops, restaurants and commuter rail. Convenient to town, waterfront, and train access. Impressive features and renovations include modern designer kitchens, baths, central air and new gas heating systems, new decks, new paint in and out, beautiful landscaping and new yard area. You will not have to do a thing but move in and enjoy all the comforts and details of your new home. Low condo fee. EASY TO SHOW Virtual Tour https://my.matterport.com/show/?m=UQjxDmQbCtR&mls=1

Last Listed By

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 04/30/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,383

Year Built

  • Built in 1910

Lot Details

  • 5,706

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

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

Additional Features

  • Wood Flooring
  • Year Round Access
  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0067

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,383

Year Built

Built in 1910

Lot Details

0

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: 318.53
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Flooring: Wood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Bedroom 3: On Level: Second Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • No Rooms: 6
  • Dining Room: On Level: Second Floor
  • Kitchen: On Level: Second Floor
  • Laundry: On Level: Second Floor
  • Living Room: On Level: Second Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95098
  • Main So: C95243
  • Estimated Sq Ft: 1287.00

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, Gas
  • 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: Water, Sewer, Master Insurance, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 587300.00
  • Page: 425
  • Parcel Number: M:33 L:0067
  • Zoning: B4

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Assessor Parcel Number: 2134587

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
06/26/2020 06/26/20 Sold $405,000 -1.2% $315 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
05/02/2020 05/02/20 Price Changed $409,950 0.0% $319 / Sq Ft
04/30/2020 04/30/20 For Sale $409,900 -- $318 / 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 $5,383 $474,700 $0 $474,700
2024 $5,260 $452,700 $0 $452,700
2023 $5,065 $404,900 $0 $404,900
2022 $4,876 $368,000 $0 $368,000
Source: Public Records

Agents Affiliated with this Home

  • Joel Margolis

    Buyer's Agent in 2020

    Joel Margolis

    J. Barrett & Company

    (978) 922-5900

    2 in this area

    39 Total Sales

    Joel Margolis
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72649610

MLS Property Information Network (MLS PIN)

APN: SALE M:33 L:0067 S:802

Massachusetts Essex County Salem 01970 South Salem

88 Ocean Ave Unit 2, Salem, MA

Homes for Sale in Salem, MA

This home is located at 88 Ocean Ave Unit 2, Salem, MA 01970 since 30 April 2020 and is currently estimated at $552,614, approximately $429 per square foot. This property was built in 1910. 88 Ocean Ave Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

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