NOT LISTED FOR SALE

108 Federal St Unit 2 Salem, MA 01970

Estimated Value: $377,000 - $509,000

1 Bed
1 Bath
710 Sq Ft
8,276 Sq Ft Lot

Last Sold March 30, 2012

Last sale price $184,000 $259 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,552/month

261 Days on Market

Highlights

  • Property is near public transit
  • Storm Windows
  • Shops
  • Wood Flooring
  • Patio
  • Hot Water Heating System

About This Home

As of March 2012

Exquisite one bedroom condominium in the heart of McIntire historic district. Great eat-in kitchen with granite counter tops. Second floor, shiny oak floors, fantastic sunlight. Roll out of bed and walk to train in 5 minutes. Rare 2-car deeded off street parking. Condo fee includes heat!

Last Agent to Sell the Property

Ted Richard

J. Barrett & Company Listed on: 05/23/2011

Last Buyer's Agent

Maureen Dooley

Dooley1 R. E. License #454004903

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1800

Lot Details

  • 8,276

Home Design

  • Garden Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 710 Sq Ft Home
  • 3-Story Property
  • Laundry in Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Natural Gas Connected
  • Oil Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0594 S:802,4336954

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heat, water, sewer, insurance, maintenance structure
  • 5 Units
  • 108 110 Federal St. Community

Amenities

  • Shops
  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,870

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1800
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Oil Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Area: 180
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Bathroom 1 Area: 48
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood
  • Laundry Features: In Basement
  • Room Living Room Level: Second
  • Room Living Room Area: 234
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 710
  • Stories Total: 3
  • Window Features: Storm Window(s)
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 267.46
  • PRICE PER Sq Ft: 259.15
  • MAIN SO: M59500

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Steam, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public, City/Town Water, City/Town Sewer
  • SEWAGE DISTRICT: SESD
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 315
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: M:26 L:0594 S:802,4336954
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.4
  • Lot Size Units: Acres
  • LOT SIZE: 8470
  • PAGE: 542

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2870
  • Tax Book Number: 24934

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2011
Closed on
Mar 30, 2012
Sold by
Walsh Devin M and Walsh Lisa V
Bought by
Dematteis Julie
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Maureen Dooley
Dooley1 R. E.
List Price
$195,000
Sold Price
$184,000
Premium/Discount to List
-$11,000
-5.64%
Current Estimated Value
$409,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,374
Avg. Annual Appreciation
5.95%
Original Mortgage
$178,393
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2005
Sold by
Fonseca Lori J
Bought by
Walsh Devin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dematteis Julie $184,000 --
Walsh Devin M $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dematteis Julie $175,000
Closed Walsh Devin M $178,393
Previous Owner Walsh Devin M $195,000
Previous Owner Walsh Devin M $25,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $184,000 -3.1% $259 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
09/23/2011 09/23/11 Price Changed $189,900 -2.6% $267 / Sq Ft
05/23/2011 05/23/11 For Sale $195,000 -- $275 / 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 $3,729 $328,800 $0 $328,800
2024 $3,799 $326,900 $0 $326,900
2023 $3,583 $286,400 $0 $286,400
2022 $3,568 $269,300 $0 $269,300
2021 $3,582 $259,600 $0 $259,600
2020 $3,481 $240,900 $0 $240,900
2019 $3,408 $225,700 $0 $225,700
2018 $3,165 $205,800 $0 $205,800
2017 $3,105 $195,800 $0 $195,800
2016 $2,963 $189,100 $0 $189,100
2015 $2,965 $180,700 $0 $180,700
Source: Public Records

Agents Affiliated with this Home

  • Ted Richard

    Seller's Agent in 2012

    Ted Richard

    J. Barrett & Company

    (978) 921-1117

    64 Total Sales

    Section Image

  • M

    Buyer's Agent in 2012

    Maureen Dooley

    Dooley1 R. E.

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71237364

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000594-000802-000802

Massachusetts Essex County Salem 01970

108 Federal St Unit 2, Salem, MA

This home is located at 108 Federal St Unit 2, Salem, MA 01970 since 23 May 2011 and is currently estimated at $415,049, approximately $584 per square foot. This property was built in 1800. 108 Federal St Unit 2 is a home located in Essex County with nearby schools including Horace Mann Laboratory, Carlton Elementary School, and Saltonstall 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.

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