12 Union St Unit 1 Salem, MA 01970
Derby Street Neighborhood
2
Beds
1
Bath
850
Sq Ft
9,975
Sq Ft Lot
Highlights
- Property is near public transit
- Park
- Forced Air Heating and Cooling System
- Wood Flooring
- Shops
- 3-minute walk to Salem Common
About This Home
As of June 2024This LOCATION is where you want to start your summer. A stone's throw from Salem Common and the Salem Waterfront, with coffee shops, dining, and shopping around the corner, you can step outside and enjoy being in the center of it all. An updated open layout kitchen/living/dining area and lots of windows and large pantry makes this condo feel bigger than its square feet. The primary bedroom has two walk-in closets and custom privacy blinds. The second bedroom is spacious enough for a bedroom or home office and additional walk-in closet. An updated full bathroom, in-unit laundry, additional basement storage and off-street parking spot add to the value. Clean, updated, pleasant, and in a location that can't be beat. Come see this gem!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,317
Year Built
- Built in 1850
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 850 Sq Ft Home
- 1-Story Property
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Off-Street Parking
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
Listing and Financial Details
- Legal Lot and Block 810 / 0281
- Assessor Parcel Number 4782042
Community Details
Overview
- Association fees include water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal
- 11 Units
- Union Street Condominium Community
Amenities
- Common Area
- Shops
Recreation
- Park
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Jun 18, 2024
Sold by
Kenwell Reagan E
Bought by
Burke Kevin
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$439,000
Sold Price
$460,000
Premium/Discount to List
$21,000
4.78%
Total Days on Market
3
Views
23
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
$16,103
Avg. Annual Appreciation
-0.01%
Original Mortgage
$230,000
Outstanding Balance
$228,467
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,493
Purchase Details
Closed on
Oct 19, 2009
Sold by
6 Union Street Llc
Bought by
Kenwell Reagan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Map
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $460,000 | None Available | |
| Condominium Deed | $460,000 | None Available | |
| Deed | $231,000 | -- | |
| Deed | $231,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | Purchase Money Mortgage | |
| Closed | $230,000 | Purchase Money Mortgage | |
| Previous Owner | $90,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $110,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $460,000 | +4.8% | $541 / Sq Ft |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | For Sale | $439,000 | -- | $516 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $4,505 | $397,300 | $0 | $397,300 |
| 2024 | $4,317 | $371,500 | $0 | $371,500 |
| 2023 | $4,176 | $333,800 | $0 | $333,800 |
| 2022 | $3,935 | $297,000 | $0 | $297,000 |
| 2021 | $3,872 | $280,600 | $0 | $280,600 |
| 2020 | $3,910 | $270,600 | $0 | $270,600 |
| 2019 | $3,713 | $245,900 | $0 | $245,900 |
| 2018 | $3,347 | $217,600 | $0 | $217,600 |
| 2017 | $3,281 | $206,900 | $0 | $206,900 |
| 2016 | $3,106 | $198,200 | $0 | $198,200 |
| 2015 | $3,161 | $192,600 | $0 | $192,600 |
Source: Public Records
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73244874
APN: SALE-000035-000000-000281-000810-000810
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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