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2 Flying Cloud Lane

2 Flying Cloud Lane, Salem, MA 01970
Condo in South Salem
Sold Oct 28, 2004
$349,000
$70,000 by Direct Cu
Mortgage Due Jul 29, 2035
Sold Jun 14, 1988
$177,900
$100,000 by Margaretten Corp
Mortgage
2 Flying Cloud Lane is a condo located in South Salem, Salem. The building was first built in 1988 and is 36 years old. In total, 2 Flying Cloud Lane has a total floor area of 2,979 square feet. 2 Flying Cloud Lane has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. See the full transaction history for 2 Flying Cloud Lane below.

South Salem, where 2 Flying Cloud Lane is located, has a median asking price of $479,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Off Street Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,488
  • Gross Building Area: 2,979
  • Building Area: 2,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,488
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANCTUARY CONDO
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : FELDHUSEN MICHAEL J
  • Previous Owner : SHAPIRO RT
  • Previous Owner 2: SHAPIRO EDITH S
  • Owner Before Previous Owner: LEDGEMERE COND CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204701

Geography

  • Parcel: SALE M:07 L:0029 S:921
  • Lot: 29
  • Municipality: SALEM
  • Latitude: 42.4982
  • Longitude: -70.92

    Address

  • Full Address: 2 Flying Cloud Ln
  • Address - House Number: 2
  • Address - Street Name: Flying Cloud
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Salem
  • Carrier Code: C034
  • 4-Digit Zip Code: 6818
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,941
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 674,230
  • High Value: 780,728
  • Low Value: 567,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: DIRECT CU
  • First Open Lien Mortgage Recording Date: Jul 29, 2005
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 29, 2035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $597,300
  • Assessed Improvements Value: $597,300

    Sales

  • Current Sale Recording Date: Oct 28, 2004
  • Current Sale Transaction ID: 1183443846
  • Current Sale Price: $349,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 14, 1988
  • Previous Sale Amount: $177,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SALEM FIVE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 28, 2004
  • First Mortgage Loan Amount: $259,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MARGARETTEN CORP
  • Previous Mortgage Transaction Date: Jun 14, 1988
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Salem



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2 Flying Cloud Lane located in?
The 2 Flying Cloud Lane is a condo located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 2 Flying Cloud Lane?
The average sales price for units in 2 Flying Cloud Lane is $0 currently.

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