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54 Cavendish Circle

54 Cavendish Circle, Salem, MA 01970
Property in South Salem
Sold Aug 02, 2019
$470,000
$75,000 by Rockland Trust Co
Mortgage Due Oct 01, 2067
Sold Nov 29, 2004
$410,000
$300,000 by Everett Cp Bk
Mortgage
54 Cavendish Circle 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 1999 and is 25 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 54 Cavendish Circle has 2,179 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. 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 asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. 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, 54 Cavendish Circle was last sold in Jul 22, 2019 for $470,000. According to our calculations, that's $215.70 per sqft. Prior to that sales transaction, the property was sold for $410,000 in Jan 1, 1970. Current property owners are expected to pay $6,757 in taxes per year. The property on 54 Cavendish Circle was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $581,500. While improvements to the property were assessed at a total of $581,500. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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 Type: Unfinished basement
  • Basement Area: 825
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,179
  • Gross Building Area: 2,813
  • Building Area: 2,179
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,179
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

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

Ownership

  • Current Owner : COHEN PETER
  • Previous Owner : NOVELLO GRACE A
  • Previous Owner 2: NOVELLO VINCENT
  • Owner Before Previous Owner: KILLEEN SEAN T
  • Owner Before Previous Owner 2: KILLEEN CARON
  • 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:0081 S:850
  • Lot: 81
  • Municipality: SALEM
  • Latitude: 42.4976
  • Longitude: -70.9225

    Address

  • Full Address: 54 Cavendish Cir
  • Address - House Number: 54
  • Address - Street Name: Cavendish
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Salem
  • Carrier Code: C034
  • 4-Digit Zip Code: 6853
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,757

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 629,387
  • High Value: 740,135
  • Low Value: 518,638

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: ROCKLAND TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 14, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 540
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2067

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,500
  • Assessed Improvements Value: $581,500

    Sales

  • Current Sale Contract Date: Jul 22, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Transaction ID: 11634048356
  • Current Sale Price: $470,000
  • Current Sale Document Type: Condominium Deed
  • Current Sale Input Document Number: 20190802002260
  • Previous Sale Recording Date: Nov 29, 2004
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MSA LENDING LLC
  • First Mortgage Transaction Date: Aug 02, 2019
  • First Mortgage Loan Amount: $352,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT CP BK
  • Previous Mortgage Transaction Date: Nov 29, 2004
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Salem



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Frequently Asked Questions

What neighborhood is 54 Cavendish Circle located in?
The 54 Cavendish Circle is a located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 54 Cavendish Circle?
The average sales price for units in 54 Cavendish Circle is $0 currently.

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