NOT LISTED FOR SALE

111 Federal St Salem, MA 01970

Estimated Value: $1,020,000 - $1,674,000

5 Beds
3 Baths
3,594 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $685,000 $191 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,747/month

26 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Heating System Uses Steam
  • Screened Porch
  • Patio

About This Home

As of November 2019

For centuries the allure of Federal street has been a cherished neighborhood to call home. 111 Federal street features a stately fireplaced living room, separate dining room, butler's pantry, custom country kitchen, 5 bedrooms. 2.5 baths, crown moldings, hardwood floors, fireplaces, library/family room, 2nd floor screened porch, open veranda, private yard and parking. Close to the train and ferry to Boston, fine restaurants, European cafes, boutique shopping, beaches, boating, YMCA, libraries and museums. Enjoy the cosmopolitan lifestyle Salem offers.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 09/16/2019

Co-Listed By

Betsy Merry

MerryFox Realty

Last Buyer's Agent

Edward Scialdoni

Churchill Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,022

Year Built

  • Built in 1793

Lot Details

  • Year Round Access
  • Fenced Yard
  • Property is zoned res His

Interior Spaces

  • Screened Porch
  • Wood Flooring
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Patio

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0532

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,022

Year Built

Built in 1793

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Antique, Federal
  • Other Agent: 2.00
  • Year Built Description: Actual, Approximate
  • List Price Per Sq Ft: 191.99
  • Comp Based On: Net Sale Price
  • Year Built: 1793
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1793

Interior Features

  • Fireplaces: 4
  • Flooring: Hardwood
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Dimension: 14X14, Bathroom - Full, Fireplace, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 15X15, Bathroom - Full, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Third Floor, Dimension: 14X10, Bathroom - Full, Fireplace, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Third Floor, Dimension: 13X8, Closet, Flooring - Hardwood
  • Bedroom 5: On Level: Third Floor, Dimension: 16X7, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Closet
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet, Jacuzzi / Whirlpool Soaking Tub
  • Bathroom 3: On Level: Third Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • No Rooms: 11
  • Dining Room: On Level: First Floor, Dimension: 15X14, Fireplace, Flooring - Hardwood, Crown Molding
  • Family Room: On Level: Second Floor, Dimension: 16X15, Fireplace, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dimension: 18X14, Fireplace, Flooring - Hardwood, Dining Area, Pantry, Gas Stove, Crown Molding
  • Laundry: On Level: First Floor, Closet, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 17X15, Fireplace, Flooring - Hardwood, Crown Molding
  • Basement: Y
  • Basement Features: Full, Bulkhead
  • Other Room 1: Name: Bonus Room, On Level: Third Floor, Closet, Flooring - Hardwood
  • Main Lo: C95279
  • Main So: AN4851
  • Estimated Sq Ft: 3594.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Wood
  • Exterior Features: Porch - Screened, Patio, Fenced Yard
  • Foundation: Brick, Granite
  • Insulation Feature: Partial

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Steam, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 794100.00
  • Acre: 0.06
  • Lot Size: 2614.00
  • Page: 302
  • Parcel Number: M:26 L:0532
  • Zoning: res His
  • Lot Description: Paved Drive, Fenced/Enclosed

Tax Info

  • Taxes: 11991.00
  • Assessor Parcel Number: 2132798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2013
Sold by
Neely John H and Sullivan Christine B
Bought by
Sullivan Neely Nt and Neely
Current Estimated Value
$1,253,007

Purchase Details

Closed on
Jul 16, 2001
Sold by
Tuttle Paul M and Tuttle Leslie F
Bought by
Neely John H and Sullivan Christine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Sullivan Neely Nt -- --
Sullivan Neely Nt -- --
Neely John H $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Amanda $9,718
Open Ray Amanda $660,357
Previous Owner Tuttle Paul M $225,000
Previous Owner Tuttle Paul M $150,000
Previous Owner Tuttle Paul M $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $685,000 -0.7% $191 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
10/09/2019 10/09/19 Price Changed $690,000 -7.6% $192 / Sq Ft
09/16/2019 09/16/19 For Sale $747,000 -- $208 / 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 $11,022 $972,000 $237,100 $734,900
2024 $10,625 $914,400 $220,200 $694,200
2023 $10,392 $830,700 $203,300 $627,400
2022 $9,245 $697,700 $192,000 $505,700
2021 $9,435 $683,700 $192,000 $491,700
2020 $10,381 $718,400 $192,000 $526,400
2019 $11,991 $794,100 $186,300 $607,800
2018 $10,832 $704,300 $177,800 $526,500
2017 $10,433 $657,800 $160,900 $496,900
2016 $10,308 $657,800 $160,900 $496,900
2015 $10,791 $657,600 $149,600 $508,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Merry Fox Team

    MerryFox Realty

    268 Total Sales

    Merry Fox Team
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Betsy Merry

    MerryFox Realty

    Section Image
  • Edward Scialdoni

    Buyer's Agent in 2019

    Edward Scialdoni

    Churchill Properties

    (781) 771-9729

    24 Total Sales

    Edward Scialdoni
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72565744

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000532

Massachusetts Essex County Salem 01970

111 Federal St, Salem, MA

This home is located at 111 Federal St, Salem, MA 01970 since 16 September 2019 and is currently estimated at $1,253,007, approximately $348 per square foot. This property was built in 1793. 111 Federal St 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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