$539,000
SOLD NOV 15, 2024

1 Washington St Unit 101 Salem, MA 01970

Downtown Salem Neighborhood
2 Beds
2 Baths
1,285 Sq Ft
$390/mo HOA Fee

Recently Sold

$419 Per Sq Ft

2% Below List Price

16 Days on Market

Highlights

  • Marina
  • 3-minute walk to Salem
  • Custom Closet System
  • Medical Services
  • Open Floorplan
  • 1-minute walk to Piperpont Park

About This Home

As of November 2024

Welcome to this charming condo nestled in the heart of Salem! Completely renovated in 2022, this inviting ground floor unit features open-concept living with high ceilings & abundant natural light. The kitchen boasts modern appliances, ample cabinetry and a large island with seating & additional storage. The open layout flows into a spacious living & dining area with a coffee bar, built in storage & beverage fridge. The primary bedroom offers two closets including a walk-in and a bathroom with luxurious finishes and walk-in tiled shower. Comfortably sized second bedroom and main bath with heated tile flooring. Convenient laundry and utility room off the hallway and large central closet with organized shelving. Located in a well-maintained building, seconds away from Salem’s vibrant downtown, and easy access in and out of the city. Nothing to do but move in and enjoy!

Last Agent to Sell the Property

Alyssa Lungarini

Ocean's Edge Real Estate Listed on: 09/11/2024

Ocean's Edge Real Estate

Last Buyer's Agent

Frank Bertolino

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,651

Year Built

  • Built in 1986 | Remodeled

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 1,285 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Ceramic Tile Flooring
  • Basement
  • Exterior Basement Entry

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Custom Closet System
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0195 S:801,2136376

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 16 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,651

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Attached
  • Year Built: 1986
  • Entry Level: 1
  • Year Built Details: Actual
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Entry Location: Unit Placement(Ground,Walkout)
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Wine Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Stone/Ceramic Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Remodeled
  • Room Dining Room Features: Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Stone/Ceramic Tile, Open Floorplan, Recessed Lighting
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Laundry Features: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, First Floor, In Unit, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Exterior Access, Open Floorplan, Recessed Lighting, Slider
  • Basement: Y
  • Living Area: 1285
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN8447
  • LIST PRICE PER Sq Ft: 427.24
  • PRICE PER Sq Ft: 419.46
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Patio
  • Common Walls: Corner
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Rubber, Asphalt/Composition Shingles
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom, Security System
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Storage
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 101
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:35 L:0195 S:801,2136376
  • Zoning: B5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 370
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4651
  • Tax Book Number: 40686

Multi Family

  • Number Of Units Total: 16
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Nov 15, 2024
Sold by
Catoggio Cheryl and Catoggio Paul
Bought by
Ads T T and Ads Sacks
Seller's Agent
Alyssa Lungarini
Ocean's Edge Real Estate
Buyer's Agent
Frank Bertolino
eXp Realty
List Price
$549,000
Sold Price
$539,000
Premium/Discount to List
-$10,000
-1.82%
Views
89
Current Estimated Value
$556,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,894
Avg. Annual Appreciation
3.35%
Original Mortgage
$269,500
Outstanding Balance
$268,176
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$283,940

Purchase Details

Listed on
Sep 9, 2021
Closed on
Jan 27, 2022
Sold by
Macioci Dana C and Macioci Karen B
Bought by
Catoggio Cheryl and Catoggio Paul
Seller's Agent
Jeanne Lovely
Armstrong Field Real Estate
Buyer's Agent
Pam McKee
Keller Williams Realty Evolution
List Price
$429,900
Sold Price
$405,000
Premium/Discount to List
-$24,900
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$205,000
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2021
Sold by
Macioci Peter Est and Makechnie
Bought by
Macioci Dana C and Macioci Karen B

Purchase Details

Closed on
Sep 15, 1998
Sold by
Yu Kang C and Yu Hyun Shin
Bought by
Macioci Peter

Purchase Details

Closed on
Jan 4, 1996
Sold by
National Grand Bk
Bought by
Yu Kang C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1987
Sold by
Church Ct Rt
Bought by
Kossover Barry S
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 Type Sale Price Title Company
Deed $539,000 None Available
Deed $539,000 None Available
Not Resolvable $405,000 None Available
Personal Reps Deed -- None Available
Personal Reps Deed -- None Available
Deed $154,000 --
Deed $154,000 --
Deed $80,000 --
Deed $80,000 --
Deed $157,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $269,500 Purchase Money Mortgage
Closed $269,500 Purchase Money Mortgage
Previous Owner $205,000 Purchase Money Mortgage
Previous Owner $64,000 Purchase Money Mortgage
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $539,000 -1.8% $419 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $549,000 +35.6% $427 / Sq Ft
01/27/2022 01/27/22 Sold $405,000 -5.8% $315 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $429,900 -- $335 / 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 $4,725 $416,700 $0 $416,700
2024 $4,651 $400,300 $0 $400,300
2023 $5,189 $414,800 $0 $414,800
2022 $4,701 $354,800 $0 $354,800
2021 $4,593 $332,800 $0 $332,800
2020 $4,706 $325,700 $0 $325,700
2019 $4,714 $312,200 $0 $312,200
2018 $4,259 $276,900 $0 $276,900
2017 $4,279 $269,800 $0 $269,800
2016 $3,958 $252,600 $0 $252,600
2015 $4,027 $245,400 $0 $245,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73288701

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000195-000801-000801