NOT LISTED FOR SALE

1 Hamilton St Unit 3 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $475,000 - $580,000

2 Beds
1 Bath
861 Sq Ft
2,701 Sq Ft Lot

Last Sold September 16, 2015

Last sale price $309,000 $359 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,255/month

10 Days on Market

About This Home

As of September 2015

Beautiful townhouse in Salem's McIntire Historic District. This prominent Greek Revival brick residence is nestled between Chestnut and Essex Street. Natural light pours into this south facing unit, reflecting off the newly finished wide plank floors and high ceilings. Boasting original details such as exposed brick, functioning pocket shutters and original fireplace. The home was thoroughly renovated in recent years with all new major systems (Electrical, Plumbing, Heat, Central Air, etc.). The large, open-concept kitchen is appointed with stainless appliances, granite counters and other modern conveniences, which blend seamlessly with the home's original character. Enjoy views of this quiet tree-lined street and surrounding architecture from your private second floor deck. Also included are two parking spaces, in-unit laundry and storage. Just steps to downtown restaurants, shops and the commuter rail.

Last Agent to Sell the Property

Mark Wade

Coldwell Banker Realty - Marblehead Listed on: 07/31/2015

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Kristen Derosa Kotowski

MerryFox Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,822

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: End, Corner
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Marina, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Wood, Hardwood, Pine
  • Bedroom 2: Third Floor
  • Bathroom #1: Third Floor
  • Kitchen: Second Floor
  • Laundry Room: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Flooring - Hardwood, Remodeled
  • Dining Room: Second Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Slate
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Deck - Access Rights

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Reserve Funds
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Sep 16, 2015
Sold by
Igo Daniel J
Bought by
Toussirt Achraf and Perez Kate H
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Kristen Derosa Kotowski
MerryFox Realty
List Price
$319,000
Sold Price
$309,000
Premium/Discount to List
-$10,000
-3.13%
Current Estimated Value
$528,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,092
Avg. Annual Appreciation
5.39%
Original Mortgage
$299,730
Outstanding Balance
$235,659
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$292,433

Purchase Details

Listed on
Apr 22, 2014
Closed on
Aug 1, 2014
Sold by
Sundborg 3Rd John G
Bought by
Igo Daniel J
Seller's Agent
Eric Suhr
William Raveis R.E. & Home Services
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$309,000
Sold Price
$295,000
Premium/Discount to List
-$14,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$265,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2010
Sold by
Max Jordan
Bought by
Sundborg 3Rd John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2008
Sold by
Irish One Llc
Bought by
Max Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toussirt Achraf $309,000 --
Igo Daniel J $295,000 --
Sundborg 3Rd John G $297,500 --
Max Jordan $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toussirt Achraf $299,730
Previous Owner Igo Daniel J $265,500
Previous Owner Max Jordan $267,500
Previous Owner Max Jordan $267,750
Previous Owner Max Jordan $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2015 09/16/15 Sold $309,000 -3.1% $359 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $319,000 +8.1% $370 / Sq Ft
08/01/2014 08/01/14 Sold $295,000 0.0% $343 / Sq Ft View Prior Sale
07/23/2014 07/23/14 Pending -- -- --
05/05/2014 05/05/14 Off Market $295,000 -- --
04/22/2014 04/22/14 For Sale $309,000 -- $359 / 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 $5,822 $513,400 $0 $513,400
2024 $5,696 $490,200 $0 $490,200
2023 $5,588 $446,700 $0 $446,700
2022 $5,419 $409,000 $0 $409,000
2021 $5,332 $386,400 $0 $386,400
2020 $5,222 $361,400 $0 $361,400
2019 $4,957 $328,300 $0 $328,300
2018 $4,817 $313,100 $0 $313,100
2017 $4,720 $297,600 $0 $297,600
2016 $4,466 $285,000 $0 $285,000
2015 $4,470 $272,400 $0 $272,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Wade

    Coldwell Banker Realty - Marblehead

    (781) 864-9812

    3 in this area

    26 Total Sales

    Mark Wade
    Section Image

  • K

    Buyer's Agent in 2015

    Kristen Derosa Kotowski

    MerryFox Realty

    Section Image
  • Eric Suhr

    Seller's Agent in 2014

    Eric Suhr

    William Raveis R.E. & Home Services

    (617) 799-7777

    20 Total Sales

    Eric Suhr
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71882175

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000421-000803-000803

Massachusetts Essex County Salem 01970 Downtown Salem

1 Hamilton St Unit 3, Salem, MA

Not Listed for Sale

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