88 Ocean Ave Unit 3 Salem, MA 01970
South Salem Neighborhood
3
Beds
1.5
Baths
1,491
Sq Ft
$167/mo
HOA Fee
Highlights
- Golf Course Community
- No Units Above
- Custom Closet System
- Medical Services
- Open Floorplan
- Property is near public transit
About This Home
As of August 2022Penthouse Condo with garage! Completely remodeled in 2020 with no detail spared. Windows, Siding, Roof, HVAC all 2020! This sun-drenched 3 bed, 1.5 bath boasts hardwood floors, ample storage & designer finishes throughout. Enjoy breakfast with the rising sun at the quartz-countertop breakfast bar with new stainless steel appliances & plenty of white shaker cabinets complete with crown molding. Flowing from the kitchen is a half bath with brand new washer/dryer & 2 generously-sized bedrooms. Off the formal dining area, a full bath with granite vanity & glass shower is positioned next to the primary bedroom, featuring double closets & private balcony to unwind on a cool summer evening. Living room with plenty of space for entertaining & second entry with bonus storage atop the staircase landing. Located under half a mile from Forest River Park with beaches, picnic, playground & two brand new swimming pools & just a 5-min drive to historical Salem Commons, this condo is a must see!
Last Agent to Sell the Property
Keller Williams Realty Boston Northwest Listed on: 05/05/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,864
Year Built
- Built in 1910 | Remodeled
Lot Details
- 5,706 Sq Ft Lot
- Near Conservation Area
- No Units Above
HOA Fees
- $167 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Off-Street Parking
- Deeded Parking
- Assigned Parking
Home Design
- Frame Construction
- Rubber Roof
- Stone
Interior Spaces
- 1,491 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Custom Closet System
- Dual Closets
Laundry
- Laundry in Bathroom
- Dryer
- Washer
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:33 L:0067 S:803,5156796
Community Details
Overview
- Association fees include water, sewer, insurance, reserve funds
- 3 Units
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2022
Closed on
Aug 12, 2022
Sold by
Walsh Nicholas and Walsh Steven
Bought by
Mcgovern Haley E
Seller's Agent
Sara Campos
Keller Williams Realty Boston Northwest
Buyer's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,053
Avg. Annual Appreciation
3.32%
Original Mortgage
$260,000
Outstanding Balance
$246,842
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,247
Purchase Details
Listed on
Apr 30, 2020
Closed on
Jul 16, 2020
Sold by
Rnz Companies Llc
Bought by
Walsh Nicholas and Walsh Steven
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
The Movement Group
Compass
List Price
$419,900
Sold Price
$419,400
Premium/Discount to List
-$500
-0.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$398,430
Interest Rate
3.1%
Mortgage Type
New Conventional
Similar Homes in Salem, MA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $510,000 | None Available | |
| Condominium Deed | $510,000 | None Available | |
| Condominium Deed | $419,400 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | Purchase Money Mortgage | |
| Closed | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $398,430 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $510,000 | -2.8% | $342 / Sq Ft |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- |
| 06/10/2022 06/10/22 | Price Changed | $524,900 | -4.5% | $352 / Sq Ft |
| 05/05/2022 05/05/22 | For Sale | $549,900 | +31.1% | $369 / Sq Ft |
| 07/17/2020 07/17/20 | Sold | $419,400 | -0.1% | $281 / Sq Ft |
| 05/23/2020 05/23/20 | Pending | -- | -- | -- |
| 04/30/2020 04/30/20 | For Sale | $419,900 | -- | $282 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,533 | $487,900 | $0 | $487,900 |
| 2024 | $5,409 | $465,500 | $0 | $465,500 |
| 2023 | $5,048 | $403,500 | $0 | $403,500 |
| 2022 | $4,864 | $367,100 | $0 | $367,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Sara Campos
Keller Williams Realty Boston Northwest
(203) 843-4102
1 in this area
13 Total Sales
-
T
Buyer's Agent in 2022
Team Harborside
Sagan Harborside Sotheby's International Realty
(617) 816-1909
6 in this area
140 Total Sales
-
H
Seller's Agent in 2020
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
9 in this area
235 Total Sales
-
Buyer's Agent in 2020
The Movement Group
Compass
(781) 854-1624
3 in this area
337 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72977279
APN: SALE M:33 L:0067 S:803
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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