NOT LISTED FOR SALE

Estimated Value: $398,000 - $483,000

2 Beds
1 Bath
874 Sq Ft
1,742 Sq Ft Lot

Last Sold May 30, 2017

Last sale price $214,000 $245 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,661/month

8 Days on Market

About This Home

As of May 2017

Adorable condo in the Heart of Downtown Salem. Conveniently located between Essex and Derby Streets, this condo is just minutes away from all the wonderful amenities Salem has to offer including restaurants, the Ferry, Peabody Essex Museum, Commuter Rail and the ocean! This unit offers two bedrooms, one bath and a cozy, sun drenched living room. The kitchen has been updated and includes stainless steel appliances and gas cooking. There is off street parking for one car and washer/dryer hookups in the basement.

Last Listed By

Sarah Myles-Lennox

MerryFox Realty Listed on: 03/30/2017

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,797

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 1
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Private School, Public School, T-Station, University
  • Flooring: Wall to Wall Carpet, Hardwood
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
  • No Living Levels: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Heating: Forced Air, Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Refuse Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: B

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:41 L:0055 S:802
  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 30, 2017
Sold by
Burmeister Kayla
Bought by
White Amanda
Seller's Agent
Sarah Myles-Lennox
MerryFox Realty
Buyer's Agent
Rob Cooper
LAER Realty Partners
List Price
$219,000
Sold Price
$214,000
Premium/Discount to List
-$5,000
-2.28%
Total Days on Market
8
Current Estimated Value
$421,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,014
Avg. Annual Appreciation
7.94%
Original Mortgage
$203,300
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2015
Closed on
Dec 4, 2015
Sold by
Fnma
Bought by
Burmeister Kayla
Seller's Agent
Mindy Reichman
Tache Real Estate, Inc.
Buyer's Agent
Sarah Myles-Lennox
MerryFox Realty
List Price
$167,900
Sold Price
$120,000
Premium/Discount to List
-$47,900
-28.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.44%
Original Mortgage
$116,400
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2015
Sold by
Mhfa Licciardi Richard and Mhfa Licciardi
Bought by
Fnma

Purchase Details

Closed on
Jul 27, 2012
Sold by
Bluegate Group Llc
Bought by
Licciardi Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 19, 2011
Sold by
Bluefish Partners Llc
Bought by
Sorgi Jason

Purchase Details

Closed on
Mar 23, 2011
Sold by
Deutsche Bank Natl T C
Bought by
Bluefish Partners Llc

Purchase Details

Closed on
Mar 16, 2011
Sold by
Deutsche Bank Natl T C
Bought by
Salem City Of

Purchase Details

Closed on
Oct 6, 2010
Sold by
Salmon-Vitale Rebecca J
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Aug 14, 2008
Sold by
Funderburk Vicky E
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Sep 13, 2002
Sold by
Hoxha George J and Hoxha Christine
Bought by
Funderburk Vicky E and Vitale Rebecca Salmon

Purchase Details

Closed on
Apr 3, 1992
Sold by
Warren 5C Sb
Bought by
Hoxha Soula

Purchase Details

Closed on
Mar 29, 1991
Sold by
Pigeon Richard P
Bought by
Warren 5C Sb

Range of Values:

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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
White Amanda $214,000 --
Burmeister Kayla $120,000 --
Fnma $245,000 --
Licciardi Richard $285,000 --
Sorgi Jason $280,000 --
Bluefish Partners Llc $155,000 --
Salem City Of $402 --
Deutsche Bank Natl T C $300,000 --
Deutsche Bank Natl T C $302,250 --
Funderburk Vicky E $280,000 --
Hoxha Soula $45,000 --
Warren 5C Sb $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Amanda $172,000
Closed White Amanda $188,000
Closed White Amanda $203,300
Previous Owner Burmeister Kayla $116,400
Previous Owner Pigeon Richard P $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $214,000 -2.3% $245 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $219,000 +82.5% $251 / Sq Ft
12/04/2015 12/04/15 Sold $120,000 +4.4% $137 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
09/30/2015 09/30/15 Price Changed $114,900 -16.7% $131 / Sq Ft
08/20/2015 08/20/15 Price Changed $137,900 -8.0% $158 / Sq Ft
07/20/2015 07/20/15 Price Changed $149,900 -10.7% $172 / Sq Ft
06/19/2015 06/19/15 For Sale $167,900 -- $192 / 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 $3,797 $334,800 $0 $334,800
2024 $3,721 $320,200 $0 $320,200
2023 $3,608 $288,400 $0 $288,400
2022 $3,501 $264,200 $0 $264,200
2021 $3,444 $249,600 $0 $249,600
2020 $3,371 $233,300 $0 $233,300
2019 $3,198 $211,800 $0 $211,800
2018 $2,968 $193,000 $0 $193,000
2017 $3,025 $190,700 $0 $190,700
2016 $3,170 $202,300 $0 $202,300
2015 $3,172 $193,300 $0 $193,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72137958

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000055-000802-000802