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18 Ocean Ter #3, Salem, MA 01970

$671,000
Last sold 11/13/2019 for $508K
2
bed
2
bath
1,714
Sqft ($296/Sqft)

Condominium/Co-Op not for sale

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About 18 Ocean Ter #3

Property type Condominium/Co-Op

Neighborhood

Year built 1900

HOA fee $241/month

Lot size 8,276 Sqft

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

Character and charm of an historic home meet modern convenience in this fabulous unit in an ideal location. Overlooking Salem Harbor, unit three offers tremendous ocean views from a two-level deck, one of which is located on the rooftop! The chef's kitchen is highlighted by stainless steel appliances, granite counter tops, and upgraded cabinetry. The master bedroom has a walk-in closet with ample storage, along with a spa-like master bath, complete with a claw foot soaking tub and a separate tiled shower. Restored hardwood floors throughout and a separate outdoor patio give this unit a unique feel. In unit laundry, central heat, central air conditioning, and a two car garage all make life easier and more enjoyable. Enjoy a walk to nearby Forest River Park, which has public beaches, a public pool, and gorgeous ocean views. Do not miss out on this wonderful unit located in a beautiful restored home.

Listed by

Listing Agent - Ryan Guilmartin

Listing Office - Keller Williams Realty

Source: MLS Property Information Network, Inc.

MLS#72553150 • last updated 6 years ago

Movoto checked MLS Property Information Network, Inc. for data 8 minutes ago

Overview
Levels/Style	2/3 Family
Type	Condominium/Co-Op
MLS #	72553150
SqFt	1714
Status	Sold
Lot Size (Acre)	0.19
Property Tax	6659
Year Built	1900
HOA Fee	241, Monthly
Short Sale (Y/N)	No
Foreclosure (Y/N)	No

Interior
# Full Baths	2
Bathroom 2	Bathroom - 3/4, Flooring - Stone/Ceramic Tile, Dryer Hookup - Gas, Washer Hookup
Bathroom 1	Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Primary Bedroom	Bathroom - Full, Closet - Walk-in, Flooring - Hardwood
Bedroom 2	Flooring - Hardwood
Total # of Bedrooms	2
Total # of Rooms	5
Kitchen	Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
Interior Features	Flooring - Hardwood

Exterior
Exterior	Clapboard
Garage/ Parking	Detached
# Parking Spaces	1
# Garage Spaces	2
Exteriot Features	Deck, Deck - Roof, Patio

Amenities / Utilities
Utilities: Hot Water	Natural Gas
Water Source	City/Town Water
Pets Allowed (Y/N)	Yes
HOA Fee Includes	Water, Sewer, Exterior Maintenance, Landscaping, Snow Removal
HOA Amenities	Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, House Of Worship, Marina, University

Location
Waterfront	Ocean, Public
Distance to Beach (mi.)	1/10 To 3/10
County	Essex
APN	M:33 L:0695 S:803, 4911593

Multifamily Details
# of Units	3

$671K

Range: $563K-$778K

Last 30 days

Rental est.: $2,564/month

• Gross rent multiplier: 16.5

Lower your payment with the loan terms that fit you.

Nov 2019
MLS # 72553150
Nov 13, 2019 Sold
$508,000 (-1.4%)
Sep 18, 2019 Under Agreement
—
Sep 4, 2019 Contingent
—
Aug 21, 2019 Listed
$515,000 (+3.0%)
Jun 2018
MLS # 72337263
Jun 20, 2018 Price Changed
$499,999 (-2.9%)
May 31, 2018 Listed
$515,000 (+27.2%)
Aug 2016
MLS # 72000683
Aug 1, 2016 Sold
$405,000 (+1.3%)
May 26, 2016 Under Agreement
—
May 11, 2016 Contingent
—
May 6, 2016 Listed
$399,900 (-3.6%)
Apr 2014
MLS # 71599310
Apr 2, 2014 Sold
$415,000 (-2.4%)
Nov 13, 2013 Under Agreement
—
Oct 21, 2013 Listed
$425,000

18 Ocean Ter #3
$508K
South Salem
$579K +3% y/y
01970
$617K -4% y/y
Salem
$559K -5% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
18 Ocean Ter, #2, Salem, MA 01970	—	2/2	1,505	0
18 Ocean Ter, #1, Salem, MA 01970	$745,000	6/3	2,100	0
9 Ocean Ter, #3, Salem, MA 01970	$344,000	1/1	867	0.02
9 Ocean Ter, #1, Salem, MA 01970	$396,000	2/1	1,024	0.02
9 Ocean Ter, #2, Salem, MA 01970	$393,000	2/1	1,020	0.02
8 Shore Ave, Salem, MA 01970	$719,000	3/2	1,858	0.02
6 Shore Ave, Salem, MA 01970	$684,000	3/1	1,909	0.02
1 Ocean Ter, #2, Salem, MA 01970	$386,000	2/1	906	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.