NOT LISTED FOR SALE

Estimated Value: $470,000 - $573,000

2 Beds
2 Baths
1,017 Sq Ft
4,748 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $434,000 $427 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,142/month

6 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Balcony
  • Deck
  • Engineered Wood Flooring
  • 2-minute walk to Swiniuch Park

About This Home

As of September 2022

Historic downtown Salem condo with lots of character. This 2 bed 2 full bath condo has an off the charts walking score with so many bars, restaurants, shops and sights just minutes away. Hardwood floors throughout with a spacious living room and eat in kitchen, oversized main bedroom with attached bath and laundry. Enjoy your coffee on your private deck overlooking your fenced in backyard. Need to commute to Boston? Well you're just steps to the ferry by sea and only 1 mile to the T by land! This is one of the best locations in Salem! First showings at OH Sat and Sun 10-11:30.

Last Agent to Sell the Property

Justin Haley

Compass Listed on: 07/20/2022

Compass

Last Buyer's Agent

Bill Hofmockel

Olde Towne Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1850

Lot Details

  • Two or More Common Walls
  • Fenced

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,017 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Engineered Wood Flooring
  • Basement

Kitchen

  • Stove
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure
  • 3 Units
  • Mid-Rise Condominium

Amenities

  • Common Area
  • Shops
  • Community Storage Space

Recreation

  • Marina
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,176

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1850
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1.5
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Engineered Hardwood
  • Interior Amenities: Internet Available - Unknown
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Wood, Cable Hookup
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Dryer Hookup - Gas, Washer Hookup
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - With Shower Stall
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Wood, Dining Area, Balcony / Deck, Exterior Access, Gas Stove
  • Laundry Features: Second Floor, In Unit, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
  • Basement: Y
  • Living Area: 1017
  • Stories Total: 1
  • MAIN LO: AN4550
  • LIST PRICE PER Sq Ft: 393.22
  • PRICE PER Sq Ft: 426.75
  • MAIN SO: BB9212

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Fencing: Fenced
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 200
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Marina, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 562
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4176.4
  • Tax Book Number: 33601

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2014
Sold by
Griffith James E and Griffith Jessica J
Bought by
Stgermaine Luke
Current Estimated Value
$520,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
4.1%

Purchase Details

Closed on
May 7, 2010
Sold by
Griffith James E and Griffith Jessica J
Bought by
Griffith James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,541
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2008
Sold by
Paskowski Geraldine and Paskowski John P
Bought by
Griffith James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,900
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Stgermaine Luke $230,000 --
Griffith James E -- --
Griffith James E $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazerall Laura $348,000
Closed Stgermaine Luke $198,000
Closed Stgermaine Luke $34,500
Closed Stgermaine Luke $184,000
Previous Owner Paskowski Geraldine F $221,541
Previous Owner Paskowski Geraldine F $219,900
Previous Owner Paskowski Geraldine F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $434,000 +8.5% $427 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $399,900 -- $393 / 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 $4,715 $415,800 $0 $415,800
2024 $4,614 $397,100 $0 $397,100
2023 $4,305 $344,100 $0 $344,100
2022 $4,176 $315,200 $0 $315,200
2021 $4,110 $297,800 $0 $297,800
2020 $4,029 $278,800 $0 $278,800
2019 $3,828 $253,500 $0 $253,500
2018 $3,559 $231,400 $0 $231,400
2017 $3,491 $220,100 $0 $220,100
2016 $3,303 $210,800 $0 $210,800
2015 $3,307 $201,500 $0 $201,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73014946

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000063-000802-000802