NOT LISTED FOR SALE

Estimated Value: $146,000 - $192,757

-- Bed
1 Bath
292 Sq Ft
1,742 Sq Ft Lot

Last Sold September 10, 2015

Last sale price $42,000 $144 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $1,031/month

71 Days on Market

About This Home

As of September 2015

Investors take note. This studio condo is currently rented for $700/mo. One large open room with kitchenette and full bath. Fully rented through the end of the year. Current tenant wishes to stay but could vacate. Close to all Salem has to offer and good commuter location. Easy to maintain and low taxes.

Last Agent to Sell the Property

Ellen Grant

Keller Williams Gateway Realty/Salem License #058776 Listed on: 06/11/2015

Keller Williams Gateway Realty/Salem

Last Buyer's Agent

Ellen Grant

Keller Williams Gateway Realty/Salem License #058776 Listed on: 06/11/2015

Keller Williams Gateway Realty/Salem

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,209

Year Built

  • 1972

Lot Details

  • Lot Sloped Up

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 292 Sq Ft Home
  • 1-Story Property
  • Electric Range

Parking

  • Shared Driveway
  • Paved Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Lancelot Court Condos

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,209

Year Built

1972

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Units per Building: 8
  • Assessment Year: 2013
  • Construction: Existing
  • Total Stories: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Appliances: Range - Electric
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Sq Ft - Apx Finished AG: 292
  • Sq Ft - Apx Total Finished: 292

Exterior Features

  • Building Number: 9
  • Driveway: Common/Shared, Paved
  • Exterior: Brick
  • Foundation: Concrete
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water

Condo/Co-op/Association

  • Fee: 194
  • Condo Name: Lancelot Court
  • Fee Includes Legacy: Hot Water, Plowing, Sewer, Trash, Water

Schools

  • School District: Salem
  • High School: Salem High School

Lot Info

  • Lot Sq Ft: 1742
  • Lot Acres: 0.04
  • Lot Description: Condo Development
  • Surveyed: Unknown
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Sep 11, 2015
Sold by
Murphy Andriana M
Bought by
Sutton Mark
Seller's Agent
Ellen Grant
Keller Williams Gateway Realty/Salem
Buyer's Agent
Ellen Grant
Keller Williams Gateway Realty/Salem
List Price
$52,900
Sold Price
$42,000
Premium/Discount to List
-$10,900
-20.6%
Current Estimated Value
$170,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,586
Avg. Annual Appreciation
15.09%
Original Mortgage
$133,000
Interest Rate
3.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 9, 2006
Sold by
Masiello Louis D and Masiello Diane M
Bought by
Murphy Andriana M
Source: Public Records

Range of Values:

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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
Sutton Mark $42,000 --
Murphy Andriana M $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Mark D $200,000
Closed Sutton Mark D $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2015 09/10/15 Sold $42,000 -20.6% $144 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $52,900 -- $181 / Sq Ft
Source: PrimeMLS

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
2024 $1,209 $68,700 $0 $68,700
2023 $1,165 $68,700 $0 $68,700
2022 $1,103 $68,700 $0 $68,700
2021 $1,098 $68,700 $0 $68,700
2020 $876 $39,800 $0 $39,800
2019 $875 $39,800 $0 $39,800
2018 $860 $39,800 $0 $39,800
2017 $829 $39,800 $0 $39,800
2016 $813 $39,800 $0 $39,800
2015 $650 $30,400 $0 $30,400
2014 $632 $30,400 $0 $30,400
2013 $622 $30,400 $0 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4429792

PrimeMLS

APN: SLEM-000117-008879-000220