NOT LISTED FOR SALE

Estimated Value: $463,000 - $560,000

3 Beds
1 Bath
1,047 Sq Ft
$250/mo HOA Fee

Last Sold April 21, 2022

Last sale price $460,000 $439 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,466/month

26 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Forced Air Heating and Cooling System
  • 0.28 Acre Lot
  • Shops

About This Home

As of April 2022

Welcome to this newly developed building completed in 2018! This large loft style 3 Bedroom condo has high ceilings with huge, beautiful windows which allow for a significant amount of natural light. Hardwood floors throughout entire unit. Open concept layout provides a great entertaining space!  White shaker cabinets with soft close draws. Stainless steel appliances and granite counter tops. Washer and dryer included in unit. Large Master Bedroom with plenty of closet and storage space. Large bathroom features walk in shower with floor to ceiling tiles in addition to a tub for relaxing bubble baths. Central Heat, Air Conditioning and a High Efficiency Hot Water Boiler. Nest Thermostat and State of the Art Video Monitoring/Intercom. Unit also has enclosed Deeded storage in basement. Deeded parking and plenty of visitor parking off street. Walking distance to the historic Downtown Salem! Plenty of restaurants nearby to enjoy a morning coffee or a wonderful dinner by the ocean!

Last Agent to Sell the Property

Felix Gutierrez

Rey Realty Group Listed on: 02/16/2022

Last Buyer's Agent

North Shore and More Team

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,755

Year Built

  • Built in 1930

Lot Details

  • 0.28

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 1,047 Sq Ft Home
  • 2-Story Property
  • Insulated Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Deeded Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Waterfront
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0164 S:808,5075315

Community Details

Overview

  • Association fees include water, insurance
  • 8 Units

Amenities

  • Shops

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,755

Year Built

Built in 1930

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other (See Remarks)
  • Year Built: 1930
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Living Area: 1047
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN4453
  • LIST PRICE PER Sq Ft: 439.26
  • PRICE PER Sq Ft: 439.35
  • MAIN SO: AC1022

Exterior Features

  • Roof: Rubber
  • Waterfront Features: Beach Front, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping
  • UNIT BUILDING: 8
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance

Lot Info

  • Parcel Number: M:33 L:0164 S:808,5075315
  • Zoning: B4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12196.8
  • Lot Size Units: Acres
  • LOT SIZE: 12070
  • PAGE: 41

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4755
  • Tax Book Number: 38954

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Schiavuzzoalm Realty Llc
Bought by
Rossi Luke J and Zavala Dan A
Current Estimated Value
$508,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$323,798
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$175,043

Purchase Details

Closed on
Sep 11, 2020
Sold by
Rossi Luke J and Zavala Dan A
Bought by
Zavala Dan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$323,798
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$175,043

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 12, 2019
Sold by
Schiavuzzo Alm Realty Llc
Bought by
Rossi Luke J and Zarvala Dan A
Seller's Agent
Steven Belesis
Citylight Homes LLC
Buyer's Agent
Gerard Gray
Lamacchia Realty, Inc.
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$358,900
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Rossi Luke J $370,000 None Available
Zavala Dan A -- None Available
Rossi Luke J $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zavala Dan A $360,000
Previous Owner Rossi Luke J $358,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $460,000 0.0% $439 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $459,900 +24.3% $439 / Sq Ft
03/13/2019 03/13/19 Sold $370,000 +1.4% $353 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $365,000 -- $349 / 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 $5,346 $471,400 $0 $471,400
2024 $5,208 $448,200 $0 $448,200
2023 $5,098 $407,500 $0 $407,500
2022 $4,755 $358,900 $0 $358,900
2021 $4,841 $350,800 $0 $350,800
2020 $4,958 $343,100 $0 $343,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72943043

MLS Property Information Network (MLS PIN)

APN: 33-0164-808