NOT LISTED FOR SALE

Estimated Value: $508,000 - $548,000

3 Beds
1 Bath
1,118 Sq Ft
$174/mo HOA Fee

Last Sold March 07, 2024

Last sale price $500,000 $447 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,342/month

24 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 1 Car Detached Garage
  • Property is near public transit
  • Jogging Path
  • 2-minute walk to Salem Common

About This Home

As of March 2024

Meticulously maintained 3 bed, 1 bath condo in an enchanting historic Salem neighborhood. This unit features hardwood floors throughout, soaring ceilings & an abundance of natural light pouring through over-sized windows. Spacious living room leads into the updated eat-in kitchen w/ granite countertops, stainless steel appliances, a peninsula w/ an overhang for seating&storage pantry.Enjoy the convenience of in-unit W/D hookups & extra storage in the basement. Recent updates include a new boiler, hot water tank & new radiators (2021), fresh paint (2020), new fridge (2023) & new dishwasher (2022). Unit comes w/ one garage space & two-tandem spots in the driveway. Common back patio is the perfect place to unwind in nice weather. Pet- friendly HOA. Unbeatable location, .3 mi to Collins Cove Beach & Rail Trail, .7 mi to Commuter Rail, one block to Salem Commons, .5mi to Pickering Wharf & close to all of Salem's best restaurants, historic sites & amenities.

Last Agent to Sell the Property

Elizabeth Bain

Commonwealth Standard Realty Advisors Listed on: 01/05/2024

Last Buyer's Agent

Kristin Moore

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 1880

Lot Details

  • 3,485

HOA Fees

  • $174 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Choice Elementary And Middle School
  • Choice High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4544591

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 3 Units

Amenities

  • Common Area
  • Shops

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,869

Year Built

Built in 1880

Lot Details

0

HOA Fees

$174 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1880
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Y
  • Living Area: 1118
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2589
  • MAIN SO: NB3534

Exterior Features

  • Exterior Features: Patio
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1/10 to 3/10 To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 173.57
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Marina
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 4544591
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4868.89

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Choice
  • Elementary School: Choice
  • Middle Or Junior School: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2008
Sold by
Trachimovsky Rt and Trachimovsky
Bought by
Kane Kathleen and Defrancis Theresa M
Current Estimated Value
$527,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Outstanding Balance
$129,975
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,569
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kane Kathleen $256,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane Kathleen $205,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2024 03/07/24 Sold $500,000 0.0% $447 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $499,900 0.0% $447 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $499,900 +25.0% $447 / Sq Ft
12/09/2020 12/09/20 Sold $400,000 +3.9% $358 / Sq Ft View Prior Sale
10/23/2020 10/23/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $385,000 -- $344 / 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 $4,815 $424,600 $0 $424,600
2024 $4,776 $411,000 $0 $411,000
2023 $4,869 $389,200 $0 $389,200
2022 $4,840 $365,300 $0 $365,300
2021 $4,593 $332,800 $0 $332,800
2020 $4,520 $312,800 $0 $312,800
2019 $4,396 $291,100 $0 $291,100
2018 $4,283 $278,500 $0 $278,500
2017 $4,230 $266,700 $0 $266,700
2016 $4,077 $260,200 $0 $260,200
2015 $3,950 $240,700 $0 $240,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73191029

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000519-000801-000801