1 Broad St Unit 7 Salem, MA 01970
Broad Street NeighborhoodEstimated Value: $446,000 - $533,000
2
Beds
1
Bath
967
Sq Ft
1900
Built
About This Home
As of April 2020Salem's historic McIntire District is home to One Broad Street - where elegant architecture meets vibrant city living. Enter your home - the original Salem State University - and fall in love with your soaring 11' ceilings and 8' high windows that allow natural light to pour into your open living space. Enjoy cooking in your tasteful kitchen featuring less than 1-year-old appliances, a tiled backsplash, and granite counters. Make your life comfortable with amenities like central cooling, elevator access, heated whirlpool tub, in-unit laundry, and extra storage. This condo has the rare added value of having TWO DEEDED parking spaces - only 2 of 12 units offer this! This highly desirable location will enhance your day to day lifestyle. Just steps from award-winning restaurants, quaint shops, nightlife/attractions, Salem Waterfront, and Commuter Rail to Boston. This home offers the unique, yet perfect, blend of historic charm and modern amenities. Welcome home! OPEN HOUSE 3/7-3/8 11-1pm
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,944
Year Built
- Built in 1900
Utilities
- Central Air
- Heat Pump System
Additional Features
- Basement
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:25 L:0663 S:807
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2020
Closed on
Apr 23, 2020
Sold by
Damegreene Susan
Bought by
Jones Jill E
Seller's Agent
The Movement Group
Compass
Buyer's Agent
Jessica Schenkel
William Raveis R.E. & Home Services
List Price
$369,000
Sold Price
$385,700
Premium/Discount to List
$16,700
4.53%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,731
Avg. Annual Appreciation
4.81%
Original Mortgage
$150,000
Outstanding Balance
$135,052
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$355,379
Purchase Details
Closed on
Jan 25, 2005
Sold by
Wagman Nicholas E and Damegreene Susan
Bought by
Damegreene Susan
Purchase Details
Closed on
Sep 12, 2002
Sold by
Schild Leanne M
Bought by
Wagman Nicholas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,900
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 1999
Sold by
Heenan Erin Doherty
Bought by
Schild Leanne M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 10, 1993
Sold by
Bouyer Mark J
Bought by
Doherty Erin
Purchase Details
Closed on
Aug 1, 1989
Sold by
Singleton Philip
Bought by
Bouyer Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
9.9%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Jill E | $385,700 | None Available | |
| Damegreene Susan | -- | -- | |
| Wagman Nicholas E | $219,900 | -- | |
| Schild Leanne M | $127,700 | -- | |
| Doherty Erin | $74,000 | -- | |
| Bouyer Mark | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Jill E | $150,000 | |
| Previous Owner | Damegreene Susan | $11,494 | |
| Previous Owner | Bouyer Mark | $197,900 | |
| Previous Owner | Bouyer Mark | $100,000 | |
| Previous Owner | Bouyer Mark | $93,600 | |
| Closed | Bouyer Mark | $14,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2020 04/30/20 | Sold | $385,700 | +4.5% | $399 / Sq Ft |
| 03/12/2020 03/12/20 | Pending | -- | -- | -- |
| 03/05/2020 03/05/20 | For Sale | $369,000 | -- | $382 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,944 | $436,000 | $0 | $436,000 |
| 2024 | $4,918 | $423,200 | $0 | $423,200 |
| 2023 | $4,667 | $373,100 | $0 | $373,100 |
| 2022 | $4,671 | $352,500 | $0 | $352,500 |
| 2021 | $4,177 | $302,700 | $0 | $302,700 |
| 2020 | $4,099 | $283,700 | $0 | $283,700 |
| 2019 | $5,452 | $265,200 | $0 | $265,200 |
| 2018 | $3,226 | $256,000 | $0 | $256,000 |
| 2017 | $3,887 | $245,100 | $0 | $245,100 |
| 2016 | $3,631 | $231,700 | $0 | $231,700 |
| 2015 | $3,582 | $218,300 | $0 | $218,300 |
Source: Public Records
Agents Affiliated with this Home
-
The Movement Group
Seller's Agent in 2020
The Movement Group
Compass
(781) 854-1624
1 in this area
325 Total Sales
-
Torin Hanlon
Seller Co-Listing Agent in 2020
Torin Hanlon
Compass
(781) 307-6304
32 Total Sales
-
Jessica Schenkel
Buyer's Agent in 2020
Jessica Schenkel
William Raveis R.E. & Home Services
(339) 206-3302
70 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72628490
APN: SALE-000025-000000-000663-000807-000807
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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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