Seller's Agent in 2023
EdVantage Home Group
RE/MAX
(781) 720-9444
2 in this area
68 Total Sales
112 Margin St Unit 2 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $572,000 - $685,000
3
Beds
2.5
Baths
1,510
Sq Ft
5,227
Sq Ft Lot
Highlights
- Marina
- Open Floorplan
- Deck
- Medical Services
- Fireplace in Primary Bedroom
- 4-minute walk to High Street Park
About This Home
As of June 2023Welcome to The Historic Farnham House - a 3 Bed, 2.5 Bath condo home in Downtown Salem approx ½ mile to The T Station. Complete renovation in 2019 with beautiful finishes. Your inner chef will marvel at the roomy kitchen with an abundance of white cabinets accented by white granite counters & stainless appliances with gas cooking. The large living/dining area is highlighted by a white stone fireplace. A decorative peaked window adds architectural significance. French doors from the living areas lead to the massive deck perfect for entertaining. The main level features the primary bedroom suite with fireplace, in unit laundry, a well-appointed spa bath with dual vanities & oversized shower & a huge walk-in closet. A 2nd full guest bath completes the main level. Upstairs are two more bedrooms with skylights & a useful half bath. There’s more: 2 car off-street parking, updated systems, pet friendly, storage room & walkable to all the fun activities & great restaurants in Downtown Salem.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,359
Year Built
- Built in 1848 | Remodeled
Lot Details
- 5,227
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,510 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Crown Molding
- Sheet Rock Walls or Ceilings
- Vaulted Ceiling
- Skylights
- Recessed Lighting
- Light Fixtures
- Insulated Windows
- French Doors
- Insulated Doors
- Living Room with Fireplace
- 2 Fireplaces
- Basement
- Exterior Basement Entry
Kitchen
- Stove
- Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
- Double Vanity
- Bathtub with Shower
- Separate Shower
- Linen Closet In Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Deck
- Rain Gutters
Schools
- Apply District Elementary School
- Collins Middle School
- Salem High School
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Property is near golf course, public transit, and schools
Listing and Financial Details
- Legal Lot and Block 802 / 641
- Assessor Parcel Number M:25 L:0641 S:802,5075281
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, reserve funds
- 2 Units
- Farnham House Condominium Community
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2023
Closed on
Jun 30, 2023
Sold by
Bought by
Seller's Agent
EdVantage Home Group
RE/MAX Encore
Buyer's Agent
The DiPietro and Bekkenhuis Group
LAER Realty Partners
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Views
115
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,458
Avg. Annual Appreciation
2.49%
Original Mortgage
$570,000
Interest Rate
0.0639%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Mar 27, 2019
Closed on
May 3, 2019
Sold by
Bought by
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
EdVantage Home Group
RE/MAX Encore
List Price
$489,000
Sold Price
$489,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$464,550
Interest Rate
0.042%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $600,000 | None Available | ||
| $489,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $570,000 | ||
| Closed | $570,000 | ||
| Previous Owner | $443,500 | ||
| Closed | $458,500 | ||
| Previous Owner | $464,550 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $600,000 | -3.2% | $397 / Sq Ft | |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- | |
| 05/11/2023 05/11/23 | For Sale | $620,000 | +26.8% | $411 / Sq Ft | |
| 05/03/2019 05/03/19 | Sold | $489,000 | 0.0% | $324 / Sq Ft | View Prior Sale |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- | |
| 03/27/2019 03/27/19 | For Sale | $489,000 | -- | $324 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,719 | $592,500 | $0 | $592,500 |
| 2024 | $6,701 | $576,700 | $0 | $576,700 |
| 2023 | $6,359 | $508,300 | $0 | $508,300 |
| 2022 | $6,069 | $458,000 | $0 | $458,000 |
| 2021 | $5,973 | $432,800 | $0 | $432,800 |
| 2020 | $6,007 | $415,700 | $0 | $415,700 |
Source: Public Records
Agents Affiliated with this Home
-
EdVantage Home Group
-
The DiPietro and Bekkenhuis Group
T
Buyer's Agent in 2023
The DiPietro and Bekkenhuis Group
Laer Realty
1 in this area
22 Total Sales
-
Pam McKee
Seller's Agent in 2019
Pam McKee
Keller Williams Realty Evolution
(978) 500-4047
17 in this area
74 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73110289
APN: 25-0641-802
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.
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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