NOT LISTED FOR SALE

1 Broad St Unit 11 Salem, MA 01970

Broad Street Neighborhood

Estimated Value: $585,501 - $624,000

2 Beds
2 Baths
1,429 Sq Ft
1900 Built

Last Sold March 10, 2020

Last sale price $440,000 $308 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,777/month

7 Days on Market

About This Home

As of March 2020

THIS NEWLY RENOVATED, sun-filled, 2 bedroom, 2 bath home, is in a beautiful converted Victorian schoolhouse in Salem's McIntire Historic District. Occupying the corner penthouse, the home's historic windows face southeast and boast the best views in the building. The tall ceilings, and period arched windows define the main living room, providing a dramatic and elegant character to the entire home. The open floor plan on the first floor allows for a versatile layout, conducive to modern living. The master suite, located on the entire top floor has cathedral ceilings with 4 large skylights, letting in an abundance of light. The home is complete with 2 full, updated bathrooms, an oversized kitchen with brand new appliances, and laundry in-unit. Also included is a deeded parking space directly behind the building, and additional private storage in the basement. The building's close proximity to the Commuter Rail and Downtown Salem makes it the epitome of convenience and charm.

Last Agent to Sell the Property

Penney Gould Team

Compass Listed on: 02/07/2020

Compass

Last Buyer's Agent

Jacqueline Polimeni

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 1900

Utilities

  • Central Heating and Cooling System

Additional Features

  • Basement

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,090

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 304.41
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 11
  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • No Bedrooms: 2
  • Full Bathrooms: 2
  • No Rooms: 4
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN2383
  • Main So: K95001
  • Estimated Sq Ft: 1429.00

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Central Heat, Electric

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 373.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes

Lot Info

  • Assessments: 343500.00
  • Page: 215
  • Zoning: RES

Tax Info

  • Taxes: 5186.85
  • Assessor Parcel Number: 2132095

Multi Family

  • No Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 10, 2020
Sold by
Blunda Joseph P
Bought by
Quackenbos Peter
Seller's Agent
Penney Gould Team
Compass
Buyer's Agent
Jacqueline Polimeni
Coldwell Banker Realty - Marblehead
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Current Estimated Value
$599,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,875
Avg. Annual Appreciation
5.83%
Original Mortgage
$285,000
Outstanding Balance
$253,954
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$345,921

Purchase Details

Listed on
Jul 8, 2015
Closed on
Oct 5, 2015
Sold by
Wennik Paul R
Bought by
Blunda Joseph P
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Dianna Vredenburgh
Flow Realty, Inc.
List Price
$399,900
Sold Price
$392,500
Premium/Discount to List
-$7,400
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$372,875
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Wennik Paul R and Wennik Robert R
Bought by
Wennik Paul R

Purchase Details

Closed on
Jul 31, 1995
Sold by
Barton John W
Bought by
Wennik Robert R and Wennik Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1992
Sold by
Hurley Regina
Bought by
Barton John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1989
Sold by
Singleton Philip
Bought by
Hurley Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quackenbos Peter $440,000 None Available
Blunda Joseph P $392,500 --
Wennik Paul R -- --
Wennik Robert R $129,900 --
Barton John W $135,000 --
Hurley Regina $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quackenbos Peter $285,000
Previous Owner Blunda Joseph P $372,875
Previous Owner Hurley Regina $236,000
Previous Owner Hurley Regina $103,900
Previous Owner Hurley Regina $97,500
Previous Owner Hurley Regina $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $440,000 +1.1% $308 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $435,000 0.0% $304 / Sq Ft
06/11/2018 06/11/18 Rented $2,400 0.0% --
05/13/2018 05/13/18 For Rent $2,400 -4.0% --
11/02/2017 11/02/17 Rented $2,500 0.0% --
10/27/2017 10/27/17 Under Contract -- -- --
09/15/2017 09/15/17 Price Changed $2,500 -10.7% $2 / Sq Ft
08/15/2017 08/15/17 Price Changed $2,800 -6.7% $2 / Sq Ft
08/02/2017 08/02/17 For Rent $3,000 0.0% --
10/05/2015 10/05/15 Sold $392,500 0.0% $275 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/21/2015 08/21/15 Off Market $392,500 -- --
07/08/2015 07/08/15 For Sale $399,900 -- $280 / 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 $6,090 $537,000 $0 $537,000
2024 $6,092 $524,300 $0 $524,300
2023 $5,723 $457,500 $0 $457,500
2022 $5,731 $432,500 $0 $432,500
2021 $5,675 $411,200 $0 $411,200
2020 $5,345 $369,900 $0 $369,900
2019 $5,187 $343,500 $0 $343,500
2018 $5,423 $341,600 $0 $341,600
2017 $5,191 $327,300 $0 $327,300
2016 $4,433 $282,900 $0 $282,900
2015 $4,375 $266,600 $0 $266,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Penney Gould Team

    Compass

    (781) 389-8224

    79 Total Sales

    Penney Gould Team
    Section Image
  • Jacqueline Polimeni

    Buyer's Agent in 2020

    Jacqueline Polimeni

    Coldwell Banker Realty - Marblehead

    (781) 929-8535

    25 Total Sales

    Jacqueline Polimeni
    Section Image
  • Michelle Doyle

    Seller's Agent in 2017

    Michelle Doyle

    Flow Realty, Inc.

    (978) 697-9924

    48 Total Sales

    Michelle Doyle
    Section Image

  • M

    Seller's Agent in 2015

    Merry Fox Team

    MerryFox Realty

    10 in this area

    271 Total Sales

    Merry Fox Team
    Section Image

  • D

    Buyer's Agent in 2015

    Dianna Vredenburgh

    Flow Realty, Inc.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72616883

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000663-000811-000811

Massachusetts Essex County Salem 01970 Broad Street

1 Broad St Unit 11, Salem, MA

This home is located at 1 Broad St Unit 11, Salem, MA 01970 since 07 February 2020 and is currently estimated at $599,875, approximately $419 per square foot. This property was built in 1900. 1 Broad St Unit 11 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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