NOT LISTED FOR SALE

120 Federal St Unit 2 Salem, MA 01970

Estimated Value: $921,000 - $1,212,255

2 Beds
1 Bath
1,200 Sq Ft
$880/Sq Ft Est. Value

Highlights

  • Medical Services
  • 2 Fireplaces
  • Park
  • Property is near public transit
  • No HOA
  • Shops

About This Home

As of July 2024

Wonderful two bedroom unit in Salem's desirable Historic District! This charming third floor unit offers a Sparkling Updated Bath, Updates in kitchen, and Newer Carpeting throughout. Washer and dryer hook-up in unit. Close to downtown, museum and commuter rail to Boston! Off street parking available in snow emergencies. Two cats allowed.

Last Agent to Rent the Property

Sarah Harrington

William Raveis R.E. & Home Services Listed on: 05/16/2024

William Raveis R.E. & Home Services

Last Renter's Agent

Sarah Harrington

William Raveis R.E. & Home Services Listed on: 05/16/2024

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,952

Year Built

  • Built in 1783

Lot Details

  • 3,310 Sq Ft Lot
  • Garden

Home Design

  • Apartment

Interior Spaces

  • 1,200 Sq Ft Home
  • 2 Fireplaces
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes hot water, water, sewer, trash collection, extra storage, garden area
  • Assessor Parcel Number 2132864

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,952

Year Built

Built in 1783

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Lease Terms(Lease),Term of Rental(12 Mos)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1783
  • Entry Level: 3
  • Year Built Details: Approximate
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Third
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit, Dryer Hookups in Unit, Washer Hookups in Unit
  • Room Living Room Level: Third
  • Living Area: 1200
  • Spa YN: No
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 1.67
  • PRICE PER Sq Ft: 1.67
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Garden
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Heating: Electric
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Hot Water, Water, Sewer, Trash Collection, Extra Storage, Garden Area
  • Senior Community YN: No
  • UNIT BUILDING: 2

Lot Info

  • Parcel Number: 2132864
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3310
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2014
Sold by
Lebovici Darrow A and Twohey Margaret K
Bought by
Darrow A Lebovici Ret
Current Estimated Value
$1,056,064

Purchase Details

Closed on
May 1, 1984
Bought by
Darrow A Lebovici Ret
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
Darrow A Lebovici Ret -- --
Darrow A Lebovici Ret $161,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Rented $2,000 0.0% --
06/10/2024 06/10/24 Price Changed $2,000 -20.0% $2 / Sq Ft
05/16/2024 05/16/24 For Rent $2,500 +47.1% --
02/19/2020 02/19/20 Rented $1,700 0.0% --
02/18/2020 02/18/20 Under Contract -- -- --
01/31/2020 01/31/20 For Rent $1,700 -- --
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 $10,952 $965,800 $241,200 $724,600
2024 $10,021 $862,400 $224,000 $638,400
2023 $10,259 $820,100 $206,800 $613,300
2022 $9,174 $692,400 $195,300 $497,100
2021 $9,417 $682,400 $195,300 $487,100
2020 $9,692 $670,700 $195,300 $475,400
2019 $9,477 $627,600 $189,500 $438,100
2018 $8,679 $564,300 $180,900 $383,400
2017 $8,361 $527,200 $163,700 $363,500
2016 $8,261 $527,200 $163,700 $363,500
2015 $8,584 $523,100 $152,200 $370,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73239195

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000591