NOT LISTED FOR SALE

1 Washington St Unit 402 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $545,000 - $601,000

2 Beds
2 Baths
1,285 Sq Ft
1980 Built

Last Sold December 14, 2020

Last sale price $449,900 $350 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,528/month

5 Days on Market

Highlights

  • Intercom
  • 3-minute walk to Salem
  • 1-minute walk to Piperpont Park
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

THIS IS THE ONE!! Beautiful PENTHOUSE 2 Bedroom 2 Bath condo, one level living in elevatored building with in unit laundry and deeded parking!!! Upgraded kitchen with stainless steel appliances, dining room leads to private deck that overlooks serene courtyard. High Cathedral ceilings throughout, open concept living room with working fireplace and transom windows, huge, sunny master bedroom with 2 closets, (one walk-in) and en suite. Plenty of closets and additional storage in the basement. New top of the line HVAC 8/17 and 40 gallon water heater 2019. NO PETS. COVID protocol for showings please.

Last Agent to Sell the Property

Maggie Gibson

MerryFox Realty Listed on: 10/21/2020

Last Buyer's Agent

Gary Blattberg

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 1980

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Laminate Flooring
  • Year Round Access
  • Basement

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,486

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 350.12
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Year Round: Yes
  • Unit Building: 402
  • Unit Level: 4
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Fireplaces: 1
  • Flooring: Laminate
  • Interior Amenities: Intercom
  • Appliances: Range, Wall Oven, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Fourth Floor, Bathroom - Full, Skylight, Ceiling - Vaulted, Closet - Walk-in
  • Bedroom 2: On Level: Fourth Floor
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Fourth Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Fourth Floor, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: Fourth Floor, Flooring - Laminate, Balcony / Deck, Open Floor Plan, Slider
  • Kitchen: On Level: Fourth Floor, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Stainless Steel Appliances
  • Laundry: On Level: Fourth Floor, Dryer Hookup - Electric, Washer Hookup
  • Laundry Features: In Unit
  • Living Room: On Level: Fourth Floor, Fireplace, Flooring - Laminate, Open Floor Plan
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95279
  • Main So: AN4305
  • Estimated Sq Ft: 1285.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Composite
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • HOA Fees: 368.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds, Management Fee
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Lot Info

  • Assessments: 356300.00
  • Page: 50
  • Zoning: R

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 5158.54
  • Assessor Parcel Number: 2136378
  • Tax Year: 2020

Multi Family

  • No Units: 16
  • No Units Owner Occ: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 7, 2020
Sold by
Michele T Mchugh Lt
Bought by
Frances Jonathan
Seller's Agent
Maggie Gibson
MerryFox Realty
Buyer's Agent
Gary Blattberg
RE/MAX Beacon
List Price
$449,900
Sold Price
$449,900
Current Estimated Value
$576,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,496
Avg. Annual Appreciation
5.99%
Original Mortgage
$15,000
Outstanding Balance
$11,576
Interest Rate
2.8%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$581,455

Purchase Details

Closed on
Aug 9, 2017
Sold by
Mchugh Michele T
Bought by
Michele T Mchugh Lt

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 31, 2017
Sold by
Markan James P and Markan Kathleen K
Bought by
Mchugh Michele T
Seller's Agent
Erin Lamb
RE/MAX 360
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$359,000
Sold Price
$371,000
Premium/Discount to List
$12,000
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$210,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2012
Closed on
Mar 30, 2012
Sold by
Guerriero Robert J and Guerriero Christine M
Bought by
Markan James P and Markan Kathleen K
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Erin Lamb
RE/MAX 360
List Price
$347,000
Sold Price
$330,000
Premium/Discount to List
-$17,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Jun 3, 1994
Sold by
Harris Annie C and Kippman Andrew B
Bought by
Sullivan Christine and Guerriero Robert
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frances Jonathan $449,900 None Available
Michele T Mchugh Lt -- --
Mchugh Michele T $371,000 --
Markan James P $330,000 --
Sullivan Christine $121,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frances Jonathan $15,000
Open Frances Jonathan $427,405
Previous Owner Mchugh Michele T $210,000
Previous Owner Markan James P $180,000
Previous Owner Harris Annie C $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $449,900 0.0% $350 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $449,900 +21.3% $350 / Sq Ft
05/31/2017 05/31/17 Sold $371,000 +3.3% $289 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $359,000 +8.8% $279 / Sq Ft
03/30/2012 03/30/12 Sold $330,000 -1.2% $257 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
02/28/2012 02/28/12 Price Changed $334,000 -3.7% $260 / Sq Ft
01/26/2012 01/26/12 For Sale $347,000 -- $270 / 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 $5,486 $483,800 $0 $483,800
2024 $5,353 $460,700 $0 $460,700
2023 $5,637 $450,600 $0 $450,600
2022 $5,401 $407,600 $0 $407,600
2021 $5,027 $364,300 $0 $364,300
2020 $5,149 $356,300 $0 $356,300
2019 $5,403 $357,800 $0 $357,800
2018 $4,851 $315,400 $0 $315,400
2017 $4,772 $300,900 $0 $300,900
2016 $4,416 $281,800 $0 $281,800
2015 $4,468 $272,300 $0 $272,300
Source: Public Records

Agents Affiliated with this Home

  • Maggie Gibson

    Seller's Agent in 2020

    Maggie Gibson

    MerryFox Realty

    (978) 852-1566

    5 in this area

    29 Total Sales

    Maggie Gibson
    Section Image
  • Gary Blattberg

    Buyer's Agent in 2020

    Gary Blattberg

    RE/MAX

    (978) 882-4469

    2 in this area

    128 Total Sales

    Gary Blattberg
    Section Image
  • Erin Lamb

    Seller's Agent in 2017

    Erin Lamb

    RE/MAX 360

    (978) 771-7083

    49 Total Sales

    Erin Lamb
    Section Image

  • M

    Seller's Agent in 2012

    Merry Fox Team

    MerryFox Realty

    60 in this area

    268 Total Sales

    Merry Fox Team
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72746113

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000195-000814-000814

Massachusetts Essex County Salem 01970 Downtown Salem

1 Washington St Unit 402, Salem, MA

This home is located at 1 Washington St Unit 402, Salem, MA 01970 since 21 October 2020 and is currently estimated at $576,396, approximately $448 per square foot. This property was built in 1980. 1 Washington St Unit 402 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes