Check Availability

2 Orne Square

2 Orne Square, Salem, MA 01970
Property in South Salem
1 Units For Sale
Unit for sale at 2 Orne Square, Salem, MA 01970

$675,000

  • 3 Beds
  • 2 Baths
2 Orne Square #2, Salem, MA 01970 Listing by The Murray Brown Group

2 Orne Square has been categorized by the local assessors in Salem, MA as a residential type of property. The building on the property was first built in 1916 and is 108 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2 Orne Square has 1,835 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 22,991 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of slate. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 Orne Square was last sold in Nov 6, 2023 for $680,000. According to our calculations, that's $370.57 per sqft. Prior to that sales transaction, the property was sold for $337,000 in Jan 1, 1970. Current property owners are expected to pay $7,336 in taxes per year. The property on 2 Orne Square was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $631,300. While improvements to the property were assessed at a total of $631,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Parking

Off Street Parking

Waterfront

Beach Front
Waterfront
Oceanfront
Access to Beach

Location

Near Public Transit

Facilities

Laundry Room
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20061119 Unit 02
11/19/2006
02
3 Bed
1 Bath
-
$359,000
bedrooms
3 Bed
bathrooms
1 Bath
$359,000
03/07/2007
-
Merry Fox Team
MerryFox Realty
20010621 Unit 02
06/21/2001
02
3 Bed
1 Bath
-
$215,000
bedrooms
3 Bed
bathrooms
1 Bath
$215,000
07/16/2001
-
Betsy Merry
MerryFox Realty

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 621
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,991
  • Total Building Area: 1,835
  • Gross Building Area: 2,456
  • Building Area: 1,835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,835
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.528
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : HENNESSEY JILL
  • Previous Owner : CAHILL KELLY A
  • Previous Owner 2: CAHILL THOMAS R
  • Owner Before Previous Owner: BOWDEN DOROTHY S EST
  • Owner Before Previous Owner 2: BOWDEN
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204200

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:25 L:0450 S:801
  • Lot: 450
  • Municipality: SALEM
  • Latitude: 42.5173
  • Longitude: -70.9004

    Address

  • Full Address: 2 Orne Sq
  • Address - House Number: 2
  • Address - Street Name: Orne
  • Address - Suffix Type: Sq
  • State: MA
  • City Name: Salem
  • Carrier Code: C007
  • 4-Digit Zip Code: 3017
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,336

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 693,154
  • High Value: 814,649
  • Low Value: 571,660

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: INSTITUTION FOR SAVINGS NEWBUR
  • First Open Lien Mortgage Recording Date: Nov 06, 2023
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 06, 2053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $631,300
  • Assessed Improvements Value: $631,300

    Sales

  • Current Sale Contract Date: Nov 06, 2023
  • Current Sale Recording Date: Nov 06, 2023
  • Current Sale Transaction ID: 11915985275
  • Current Sale Price: $680,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20231106002230
  • Previous Sale Recording Date: Mar 07, 2007
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INSTITUTION FOR SAVINGS NEWBUR
  • First Mortgage Transaction Date: Nov 06, 2023
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: EASTERN BANK
  • Previous Mortgage Transaction Date: Mar 07, 2007
  • Previous Mortgage Loan Amount: $269,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Salem



Similar Buildings

Property at 2 Orne Square,

40 Broad Street

  • 1 Unit for Sale
  • 2 Stories
40 Broad Street, Salem, MA 01970
Property at 2 Orne Square,

98 Margin Street

  • 1 Unit for Sale
  • 3 Stories
98 Margin Street, Salem, MA 01970
Property at 2 Orne Square,

87 Federal Street

  • 1 Unit for Sale
87 Federal Street, Salem, MA 01970
Property at 2 Orne Square,

56 Jefferson Avenue

  • 1 Unit for Sale
  • 3 Stories
56 Jefferson Avenue, Salem, MA 01970
Property at 2 Orne Square,

3 Harbor Street

  • 1 Unit for Sale
3 Harbor Street, Salem, MA 01970
Property at 2 Orne Square,

280 Bridge Street

  • 3 Units for Sale
  • 1 Story
280 Bridge Street, Salem, MA 01970
Property at 2 Orne Square,

92 North Street

  • 1 Unit for Sale
92 North Street, Salem, MA 01970

Nearby Rentals

Unit for rent at 7 Hancock St, Salem, MA, 01970

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
7 Hancock St #2, Salem, MA, 01970 Listing by RH Advisors MLSPIN
Unit for rent at 3 Harrison Ave, Salem, MA, 01970

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
3 Harrison Ave #L, Salem, MA, 01970 Listing by RH Advisors MLSPIN
Unit for rent at 321 Jefferson, Salem, MA, 01970

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
321 Jefferson #2, Salem, MA, 01970 Listing by RH Advisors MLSPIN
Unit for rent at 9 Maple Circle, Marblehead, MA, 01945

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
9 Maple Circle #1, Marblehead, MA, 01945 Listing by RH Advisors MLSPIN
Unit for rent at 2 Derby Square, Salem, MA, 01970

$3,300 /mo

  • 2 Beds
  • 2 Baths
  • 885 ft²
2 Derby Square #301, Salem, MA, 01970 Listing by RH Advisors MLSPIN
Unit for rent at 12 Congress St., Beverly, MA, 01915

$3,450 /mo

  • 2 Beds
  • 2 Baths
  • 969 ft²
12 Congress St. #308, Beverly, MA, 01915 Listing by RH Advisors MLSPIN
Unit for rent at 7 Howard, Salem, MA, 01970

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,067 ft²
7 Howard #4, Salem, MA, 01970 Listing by RH Advisors MLSPIN

Frequently Asked Questions

What neighborhood is 2 Orne Square located in?
The 2 Orne Square is a located in the neighborhood of South Salem in South Salem, Salem.
How many listings are currently for sale in 2 Orne Square?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2 Orne Square?
The average sales price for units in 2 Orne Square is $675,000 currently.

Quantcast