NOT LISTED FOR SALE

106 Bridge St Unit 2 Salem, MA 01970

Bridge Street Neighborhood

Estimated Value: $786,000 - $886,000

3 Beds
2.5 Baths
2,030 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $720,000 $355 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,316/month

6 Days on Market

Highlights

  • Marina
  • Medical Services
  • 0.3 Acre Lot
  • Golf Course Community
  • Waterfront
  • 3-minute walk to Collins Cove Beach

About This Home

As of August 2023

The pinnacle of condo living in Salem, this townhouse style home not only provides easy access to all the best of Salem, but offers modern accommodations and flexibility of space. The first level includes an open concept living room and kitchen with ample storage space, as well as a half bath and back door out to your own private deck. The 2nd floor holds 2 bedrooms, laundry, and full bath. An exceptional primary suite on the 3rd floor is a wonderful oasis with spa-like ensuite bathroom and walk-in closet. The finished basement provides the perfect flex space for additional entertaining space, guest suite, office, play room, or home gym. Built in 2020, this home provides peace of mind & gorgeous details throughout like coffered ceilings, gas fireplace, luxurious light fixtures, and beautiful cabinetry & countertops. Ideally located a block to Collins Cove beach, 1/4 mile to Salem Common, 1/2 mile to commuter rail and all of the fabulous shops, restaurants, marinas, and museums in Salem

Last Agent to Sell the Property

Nest / Syndi Zaiger Group

Compass Listed on: 05/09/2023

Compass

Co-Listed By

Lyndsey Wakeham

The Agency Marblehead

Last Buyer's Agent

Kimberly Zecher

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,807

Year Built

  • Built in 2019

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,030 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

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

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0073 S:802,5156827

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 8 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,807

Year Built

Built in 2019

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2019
  • Entry Level: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Hardwood
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Freezer,Washer,Dryer, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Level: Third
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Third
  • Room Family Room Level: Basement
  • Room Kitchen Level: First
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: First
  • Basement: Y
  • Living Area: 2030
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN2383
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Composite
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Icemaker Connection
  • Cooling: Central Air, Ductless
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:36 L:0073 S:802,5156827
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13268
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7807

Multi Family

  • Number Of Units Total: 8
  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Salem Hs
  • Middle Or Junior School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Aug 4, 2023
Sold by
Davis Bryan
Bought by
Vercolen Craig and Vercolen Cynthia
Seller's Agent
Nest / Syndi Zaiger Group
Compass
Buyer's Agent
Kimberly Zecher
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$699,000
Sold Price
$720,000
Premium/Discount to List
$21,000
3%
Views
125
Current Estimated Value
$826,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,571
Avg. Annual Appreciation
6.05%
Original Mortgage
$576,000
Outstanding Balance
$562,529
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$264,042

Purchase Details

Closed on
Aug 17, 2020
Sold by
106 Bridge Street Llc
Bought by
Davis Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,600
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vercolen Craig $720,000 None Available
Davis Bryan $582,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vercolen Craig $576,000
Previous Owner Davis Bryan $465,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $720,000 +3.0% $355 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $699,000 +20.1% $344 / Sq Ft
11/13/2020 11/13/20 Sold $582,000 -2.8% $291 / Sq Ft View Prior Sale
06/26/2020 06/26/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $599,000 -- $300 / 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 $7,571 $667,600 $0 $667,600
2024 $7,735 $665,700 $0 $665,700
2023 $7,807 $624,100 $0 $624,100
2022 $7,351 $554,800 $0 $554,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller Co-Listing Agent in 2023

    Lyndsey Wakeham

    The Agency Marblehead

    (617) 529-9796

    2 in this area

    13 Total Sales

    Lyndsey Wakeham
    Section Image
  • Kimberly Zecher

    Buyer's Agent in 2023

    Kimberly Zecher

    Coldwell Banker Realty - Andovers/Readings Regional

    (781) 844-8666

    1 in this area

    53 Total Sales

    Kimberly Zecher
    Section Image

  • C

    Seller's Agent in 2020

    Chris Cowhig

    Lokos Realty & Management

    (781) 608-3057

    24 Total Sales

    Chris Cowhig
    Section Image
  • Maureen Fuccillo

    Buyer's Agent in 2020

    Maureen Fuccillo

    William Raveis R.E. & Home Services

    (617) 510-7063

    60 Total Sales

    Maureen Fuccillo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73109260

MLS Property Information Network (MLS PIN)

APN: SALE M:36 L:0073 S:802

Massachusetts Essex County Salem 01970 Bridge Street

106 Bridge St Unit 2, Salem, MA

Not Listed for Sale

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