NOT LISTED FOR SALE

12 Prescott St Unit 2 Salem, MA 01970

Broad Street Neighborhood

Estimated Value: $375,000 - $434,000

2 Beds
1 Bath
798 Sq Ft
$150/mo HOA Fee

Last Sold April 21, 2023

Last sale price $360,000 $451 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,576/month

5 Days on Market

Highlights

  • Marina
  • No Units Above
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 3-minute walk to High Street Park

About This Home

As of April 2023

Bright and sunny second floor condo minutes away from downtown Salem, Commuter Rail, Salem Ferry, PEM and the public library. You will find hardwood flooring throughout the flexible floor plan with two bedrooms (possible 3rd bedroom), one bath, dining room and a cozy, sun drenched living room. The eat-in kitchen includes freshly painted cabinets, stainless steel appliances and plenty of cabinet and counter space. There are many updates including a brand new gas heating system, freshly painted interior walls, ceilings and kitchen cabinets. The full basement offers a large storage space and private laundry. Pet friendly for pets up to 80 lbs .No showings until Open House on Saturday, 3/11 at 11:00. Offers due by 12 noon on Monday, March 13th.

Last Agent to Sell the Property

Sanaz Samali-Anthony

Berkshire Hathaway HomeServices Verani Realty Listed on: 03/08/2023

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Sean Connolly

RE/MAX 360

RE/MAX 360

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 1915

Lot Details

  • 1,742

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 798 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Porch
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0628 S:802,4642445

Community Details

Overview

  • Association fees include water, sewer, insurance, reserve funds
  • 2 Units
  • 12 Prescott St Condominium Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,424

Year Built

Built in 1915

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1915
  • Buyer Agency: 2
  • Entry Level: 2
  • Sub Agent Compensation: n/a
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Tankless Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Wood, Stainless Steel Appliances
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Y
  • Living Area: 798
  • Stories Total: 2
  • MAIN LO: AN0992
  • LIST PRICE PER Sq Ft: 394.74
  • PRICE PER Sq Ft: 451.13
  • MAIN SO: AN4305

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Frame
  • Patio And Porch Features: Porch
  • Roof: Slate
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Marina, Private School, Public School, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Reserve Funds

Lot Info

  • Parcel Number: M:25 L:0628 S:802,4642445
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1573
  • Lot Size Units: Acres
  • PAGE: 42
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3424
  • Tax Book Number: 36811

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 25, 2018
Sold by
Lewis Rebecca
Bought by
Hoffer Cory and Morra Jacqueline
Seller's Agent
Sarah Myles-Lennox
MerryFox Realty
Buyer's Agent
Sanaz Samali-Anthony
Berkshire Hathaway HomeServices Verani Realty
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Current Estimated Value
$399,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,422
Avg. Annual Appreciation
7.53%
Original Mortgage
$211,500
Outstanding Balance
$183,296
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$216,126

Purchase Details

Listed on
Feb 26, 2013
Closed on
Sep 4, 2013
Sold by
Doolin Seth A
Bought by
Lewis Rebecca
Seller's Agent
Kathie Strout
Century 21 North East
Buyer's Agent
Sarah Myles-Lennox
MerryFox Realty
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$160,050
Interest Rate
4.43%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Barrington Kelly A
Bought by
Doolin Seth A

Purchase Details

Closed on
Apr 2, 2007
Sold by
Gerdine Elaine D and Strauss Marshall B
Bought by
Barrington Kelly A and Doolin Seth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hoffer Cory $235,000 --
Lewis Rebecca $165,000 --
Doolin Seth A -- --
Barrington Kelly A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffer Cory $211,500
Previous Owner Barrington Kelly A $160,050
Previous Owner Lewis Rebecca $160,050
Previous Owner Barrington Kelly A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold $360,000 +14.3% $451 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $315,000 +34.0% $395 / Sq Ft
06/25/2018 06/25/18 Sold $235,000 +2.6% $294 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $229,000 +38.8% $287 / Sq Ft
09/04/2013 09/04/13 Sold $165,000 0.0% $207 / Sq Ft View Prior Sale
07/17/2013 07/17/13 Pending -- -- --
07/09/2013 07/09/13 Off Market $165,000 -- --
06/10/2013 06/10/13 Price Changed $164,500 -6.0% $206 / Sq Ft
04/23/2013 04/23/13 Price Changed $175,000 -7.4% $219 / Sq Ft
02/26/2013 02/26/13 For Sale $189,000 -- $237 / 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 $3,698 $326,100 $0 $326,100
2024 $3,615 $311,100 $0 $311,100
2023 $3,424 $273,700 $0 $273,700
2022 $3,327 $251,100 $0 $251,100
2021 $3,275 $237,300 $0 $237,300
2020 $3,208 $222,000 $0 $222,000
2019 $3,047 $201,800 $0 $201,800
2018 $2,831 $184,100 $0 $184,100
2017 $2,777 $175,100 $0 $175,100
2016 $2,628 $167,700 $0 $167,700
2015 $2,631 $160,300 $0 $160,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73085167

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000628-000802-000802