NOT LISTED FOR SALE

Estimated Value: $721,000 - $735,385

2 Beds
2 Baths
1,963 Sq Ft
$512/mo HOA Fee

Last Sold June 12, 2019

Last sale price $519,000 $264 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,995/month

64 Days on Market

Highlights

  • Ocean View
  • Intercom
  • Electric Baseboard Heater
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to High Street Park

About This Home

As of June 2019

Rare opportunity to own one of the most unique condos in Salem, the tower/penthouse unit at historic One Broad Street. With its distinctive architectural features, superb location and sweeping cityscape or ocean/harbor views from every window, this is truly a treasure. Once a schoolhouse, most of the living area is on one level and offers soaring ceilings, oversized windows, lovely hardwoods, an upscale kitchen, and walk-in pantry. Imagine the possibilities for the tower room! Entertain your guests with an evening glass of wine and gorgeous views...or make it a home office, a 3rd bedroom, or take advantage of the changing light and use it as an artist's studio. Step out onto the rooftop deck, sip your morning coffee and watch the spectacular sunrise over Salem Harbor. Central air, gas heat, elevator, storage unit, deeded parking and in-unit laundry help make your life comfortable. A few short blocks to the commuter rail and the fantastic amenities of downtown.

Last Agent to Sell the Property

Team Curtin - Tim And Jody

Leading Edge Real Estate Listed on: 02/27/2019

Last Buyer's Agent

Team Curtin - Tim And Jody

Leading Edge Real Estate Listed on: 02/27/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,446

Year Built

  • Built in 1854

Lot Details

  • Year Round Access

HOA Fees

  • $512 per month

Property Views

  • Ocean
  • Harbor

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,446

Year Built

Built in 1854

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 264.39
  • Comp Based On: Net Sale Price
  • Year Built: 1854
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 9
  • Unit Level: 3
  • Unit Placement: Top/Penthouse, Corner, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1854

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Flooring - Hardwood, Recessed Lighting
  • Kitchen: On Level: First Floor, Flooring - Wood, Pantry, Countertops - Stone/Granite/Solid
  • Laundry: On Level: First Floor, Main Level
  • Living Room: On Level: First Floor, Wood / Coal / Pellet Stove, Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting
  • Basement: Y
  • Other Room 1: Name: Bonus Room, On Level: Second Floor, Flooring - Wall to Wall Carpet, Balcony / Deck
  • No Living Levels: 2
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 1963.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Waterview Features: Harbor, Ocean
  • Waterview Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles, Slate
  • Exterior: Brick
  • Exterior Unit Features: Deck - Composite, Deck - Roof + Access Rights, City View(s)

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Electric Baseboard, Gas
  • Heat Zones: 1
  • Utility Connections: for Gas Range, for Electric Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Medical Facility, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 512.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: One Broad Street Condominium

Lot Info

  • Assessments: 381500.00
  • Page: 431
  • Zoning: RES

Green Features

  • Energy Features: Storm Windows

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 5761.00
  • Assessor Parcel Number: 2132093

Multi Family

  • No Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Jun 11, 2019
Sold by
Stark Norma
Bought by
Healy Richard J and Healy Robyn A
Seller's Agent
Team Curtin - Tim And Jody
Leading Edge Real Estate
Buyer's Agent
Team Curtin - Tim And Jody
Leading Edge Real Estate
List Price
$529,000
Sold Price
$519,000
Premium/Discount to List
-$10,000
-1.89%
Total Days on Market
64
Current Estimated Value
$727,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,596
Avg. Annual Appreciation
5.98%

Purchase Details

Listed on
Jul 13, 2012
Closed on
Aug 31, 2012
Sold by
Ryer Victoria
Bought by
Stark Norma
Seller's Agent
Phil O'Donnell
Aluxety
Buyer's Agent
Steven Brook
Armstrong Field Real Estate
List Price
$349,000
Sold Price
$332,500
Premium/Discount to List
-$16,500
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$232,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Danenbarger John K and Danenbarger Margaret Leon
Bought by
Ryer Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1995
Sold by
Hutton Peter M and Hutton Lauren A
Bought by
Danebarger John and Danenbarger Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1991
Sold by
Warren Five Cts Sb
Bought by
Hutton Peter M
Source: Public Records

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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
Healy Richard J $519,000 --
Stark Norma $332,500 --
Ryer Victoria $368,000 --
Danebarger John $130,000 --
Hutton Peter M $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutton Peter M $232,500
Previous Owner Hutton Peter M $253,000
Previous Owner Hutton Peter M $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $519,000 0.0% $264 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $519,000 -1.9% $264 / Sq Ft
04/14/2019 04/14/19 For Sale $529,000 0.0% $269 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $529,000 0.0% $269 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $529,000 +59.1% $269 / Sq Ft
08/31/2012 08/31/12 Sold $332,500 -4.7% $169 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $349,000 -- $178 / 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 $7,446 $656,600 $0 $656,600
2024 $7,400 $636,800 $0 $636,800
2023 $6,997 $559,300 $0 $559,300
2022 $6,858 $517,600 $0 $517,600
2021 $6,788 $491,900 $0 $491,900
2020 $6,643 $459,700 $0 $459,700
2019 $5,761 $381,500 $0 $381,500
2018 $5,561 $357,800 $0 $357,800
2017 $5,430 $342,400 $0 $342,400
2016 $5,074 $323,800 $0 $323,800
2015 $5,007 $305,100 $0 $305,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72457632

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000663-000809-000809