NOT LISTED FOR SALE

12 Broad St Salem, MA 01970

Chestnut Street Neighborhood

Estimated Value: $1,171,000 - $1,316,000

5 Beds
3 Baths
3,060 Sq Ft
$397/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $552,500 $181 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $7,371/month

321 Days on Market

About This Home

As of March 2016

One of Salem's finest homes in the McIntire District the "Neal House" is a magnificent antique, circa 1680 with significant additions in 1767. The well preserved interior offers three floors of living space with three full baths. The first floor entry hall main stairway runs beside the central chimney whose bricks are exposed on the hall side. The dining room is distinguished by a wainscoting, an original built-in cupboard typical of the early 18th century and the massive fireplace. The living room centerpiece is the ornate fireplace mantel that dates slightly after the McIntire period. There is access to the porch and gardens from this room. The eat-in kitchen is fully updated with modern appliances including natural gas cooking and double ovens. The second floor master bedroom offers a fireplace with sloping recessed sides and side light scones, wide pine floors and an updated master bath. Three additional rooms on this level and two more rooms and a full bath on the third level.

Last Agent to Sell the Property

Timothy Knowlton

Beacon Properties Listed on: 03/07/2015

Last Buyer's Agent

Maggie Gibson

MerryFox Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,130

Year Built

1767

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1767

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal
  • Fireplaces: 4
  • Has Basement: Yes
  • Fireplaces: 4
  • Primary Bathroom: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
  • Electric: Fuses
  • Flooring: Wood, Tile, Wall to Wall Carpet, Pine
  • Basement: Full, Bulkhead, Sump Pump
  • Bedroom 2: Second Floor
  • Bedroom 3: Third Floor
  • Bedroom 4: Third Floor
  • Bedroom 5: Second Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Fireplace, Closet, Flooring - Wood
  • Dining Room: First Floor

Exterior Features

  • Roof: Asphalt/Composition Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch - Screened, Patio, Gutters, Storage Shed, Screens, Fenced Yard, Garden Area
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Steam, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Lot Info

  • Assessor Parcel Number: M:25 L:0436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2016
Sold by
Weedon Nicole Y and Weedon Jonathan
Bought by
Weedeon Nicole Y
Current Estimated Value
$1,215,243

Purchase Details

Listed on
Mar 7, 2015
Closed on
Mar 15, 2016
Sold by
Austin James H and Austin Barbara A
Bought by
Weedon Nicole Y and Weedon Jonathan
Seller's Agent
Timothy Knowlton
Beacon Properties
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$649,000
Sold Price
$552,500
Premium/Discount to List
-$96,500
-14.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$308,475
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2002
Sold by
Engel Peter and Engel Eileen I
Bought by
Austin James H and Austin Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Weedeon Nicole Y -- --
Weedon Nicole Y $552,500 --
Austin James H $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weedon Nicole Y $308,475
Previous Owner Austin James H $150,000
Previous Owner Austin James H $147,000
Previous Owner Austin James H $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $552,500 +0.5% $181 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
12/18/2015 12/18/15 Price Changed $549,900 -4.4% $180 / Sq Ft
08/31/2015 08/31/15 Price Changed $575,000 -4.0% $188 / Sq Ft
07/20/2015 07/20/15 Price Changed $599,000 -2.6% $196 / Sq Ft
06/26/2015 06/26/15 Price Changed $615,000 -2.2% $201 / Sq Ft
05/21/2015 05/21/15 Price Changed $629,000 -3.1% $206 / Sq Ft
03/07/2015 03/07/15 For Sale $649,000 -- $212 / 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 $11,130 $981,500 $249,600 $731,900
2024 $10,534 $906,500 $231,800 $674,700
2023 $10,386 $830,200 $214,000 $616,200
2022 $9,230 $696,600 $202,100 $494,500
2021 $9,449 $684,700 $202,100 $482,600
2020 $9,621 $665,800 $202,100 $463,700
2019 $9,427 $624,300 $196,100 $428,200
2018 $8,679 $564,300 $187,200 $377,100
2017 $8,556 $539,500 $169,400 $370,100
2016 $8,454 $539,500 $169,400 $370,100
2015 $8,581 $522,900 $157,500 $365,400
Source: Public Records

Agents Affiliated with this Home

  • Timothy Knowlton

    Seller's Agent in 2016

    Timothy Knowlton

    Beacon Properties

    (781) 589-2300

    5 Total Sales

    Timothy Knowlton
    Section Image
  • Maggie Gibson

    Buyer's Agent in 2016

    Maggie Gibson

    MerryFox Realty

    (978) 852-1566

    1 in this area

    29 Total Sales

    Maggie Gibson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71798570

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000436

Massachusetts Essex County Salem 01970 Chestnut Street

12 Broad St, Salem, MA

This home is located at 12 Broad St, Salem, MA 01970 since 07 March 2015 and is currently estimated at $1,215,243, approximately $397 per square foot. This property was built in 1767. 12 Broad St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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