NOT LISTED FOR SALE

1 Washington St Unit 303 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $509,000 - $574,000

2 Beds
2 Baths
1,285 Sq Ft
1980 Built

Last Sold February 20, 2015

Last sale price $287,000 $223 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,281/month

86 Days on Market

About This Home

As of February 2015

This fabulous unit with open floor plan features one floor living in the heart of downtown Salem. The property offers high ceilings, elegantly fireplaced living and dining room, galley kitchen and lovely baths, private deck overlooking beautiful courtyard, great closets, elevator, storage and parking, Stroll to the train and ferry to Boston, restaurants, shopping, cultural events and all of the excitement of city living. *All appliances left as gifts.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 10/22/2014

Last Buyer's Agent

Jenny May

J. Barrett & Company

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,725

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, T-Station
  • Electric: Circuit Breakers
  • Interior Amenities: Intercom
  • Bedroom 2: Third Floor
  • Bathroom #1: Third Floor
  • Bathroom #2: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Third Floor
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Dining Room: Third Floor

Exterior Features

  • Construction: Brick
  • Exterior: Wood
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Hot Water: Electric

Condo/Co-op/Association

  • Association Fee Includes: Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Pets Allowed: No
  • No Units: 16
  • Unit Building: 303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Feb 20, 2015
Sold by
Hollis Constance
Bought by
Finn Linda A
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Jenny May
J. Barrett & Company
List Price
$295,000
Sold Price
$287,000
Premium/Discount to List
-$8,000
-2.71%
Current Estimated Value
$541,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,805
Avg. Annual Appreciation
6.18%
Original Mortgage
$200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1990
Sold by
Roberts Donald C
Bought by
Hollis Constance
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
Finn Linda A $287,000 --
Hollis Constance $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finn Linda A $191,000
Closed Finn Linda A $200,000
Previous Owner Roberts Donald C $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $287,000 +0.7% $223 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
11/12/2014 11/12/14 Price Changed $285,000 -3.4% $222 / Sq Ft
11/04/2014 11/04/14 Price Changed $295,000 0.0% $230 / Sq Ft
11/04/2014 11/04/14 For Sale $295,000 +2.8% $230 / Sq Ft
10/26/2014 10/26/14 Off Market $287,000 -- --
10/22/2014 10/22/14 For Sale $299,000 -- $233 / 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 $4,910 $392,500 $0 $392,500
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: 71760333

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000195-000811-000811