NOT LISTED FOR SALE

129 Essex St Unit 1 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $664,000 - $728,000

2 Beds
1 Bath
1,443 Sq Ft
$298/mo HOA Fee

Last Sold June 29, 2018

Last sale price $433,000 $300 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,652/month

17 Days on Market

Highlights

  • Tile Flooring
  • Central Air
  • 5-minute walk to Salem Common

About This Home

As of June 2018

This condo has it all: period charm and Location! Location! Location! First floor unit has two bedrooms, one bathroom in a Federal mansion, circa 1808. This beautifully maintained unit includes one off street parking space, private deck, large shared sitting/garden area, washer and dryer hook up in unit, central air conditioning and additional storage in lower level. Period charm includes crown moldings and high ceilings. Custom built in bookcase in living room, modern kitchen with granite counter tops. Great location in downtown Salem, a few blocks from The Peabody Essex Museum and The Salem Common, close to the commuter train station and The Salem Ferry. Walk to Salem's great restaurants and attractions.

Last Agent to Sell the Property

Rachel Lutts

Sagan Harborside Sotheby's International Realty License #454007363 Listed on: 05/09/2018

Last Buyer's Agent

Mark Wade

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,318

Year Built

  • Built in 1808

HOA Fees

  • $298 per month

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Laundry

  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0227 S:801

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,318

Year Built

Built in 1808

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Certified Historic
  • List Price Per Sq Ft: 311.16
  • Comp Based On: Net Sale Price
  • Year Built: 1808
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Garden
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1808

Interior Features

  • Flooring: Tile, Laminate
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Refrigerator, Washer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 4
  • Kitchen: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN4471
  • Main So: K95001
  • Estimated Sq Ft: 1443.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Deck, Garden Area

Garage/Parking

  • Parking Feature: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Central Air
  • Heating: Ground Source Heat Pump
  • Hot Water: Electric
  • Utility Connections: for Electric Range, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Public School, T-Station, University
  • HOA Fees: 298.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Garden Area
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Gideon Tucker Matthew Condominiums

Schools

  • Elementary School: Saltonstall
  • Middle School: Collins
  • High School: Salem High

Lot Info

  • Assessments: 395700.00
  • Page: 541
  • Parcel Number: M:35 L:0227 S:801
  • Zoning: R1

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 6086.00
  • Assessor Parcel Number: 2136549

Multi Family

  • No Units: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 29, 2018
Sold by
Packard Barbara L
Bought by
Oconnor Kevin and Oconnor Mary L
Seller's Agent
Rachel Lutts
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$449,000
Sold Price
$433,000
Premium/Discount to List
-$16,000
-3.56%
Current Estimated Value
$692,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,591
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Aug 11, 2014
Closed on
Dec 31, 2014
Sold by
Marzelli Steven and Marzelli Jacqueline
Bought by
Packard Barbara L
Seller's Agent
Paul Herrick
Herrick Lutts Realty Partners
Buyer's Agent
Deborah Terlik
Keller Williams Realty Evolution
List Price
$374,900
Sold Price
$368,400
Premium/Discount to List
-$6,500
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
May 11, 2010
Sold by
Richardson Douglas
Bought by
Marzelli Steven and Marzelli Jacqueline

Purchase Details

Closed on
Dec 5, 2007
Sold by
Goguen Carrie M and Deignan Michael J
Bought by
Richardson Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Simpson Stacey A
Bought by
Deignan Michael J and Goguen Carrie M

Purchase Details

Closed on
Sep 29, 2000
Sold by
Nugent Edmond B and Nugent Nancy B
Bought by
Simpson Stacey A
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
Oconnor Kevin $433,000 --
Oconnor Kevin $433,000 --
Packard Barbara L $368,400 --
Marzelli Steven $340,000 --
Marzelli Steven $340,000 --
Richardson Douglas W $362,500 --
Richardson Douglas W $362,500 --
Deignan Michael J $295,000 --
Deignan Michael J $295,000 --
Simpson Stacey A $222,000 --
Simpson Stacey A $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Packard Barbara L $20,000
Previous Owner Simpson Stacey A $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $433,000 -3.6% $300 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $449,000 +21.9% $311 / Sq Ft
12/31/2014 12/31/14 Sold $368,400 0.0% $255 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
08/22/2014 08/22/14 Off Market $368,400 -- --
08/11/2014 08/11/14 For Sale $374,900 -- $260 / 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 $7,318 $645,300 $0 $645,300
2024 $7,319 $629,900 $0 $629,900
2023 $7,007 $560,100 $0 $560,100
2022 $6,736 $508,400 $0 $508,400
2021 $6,344 $459,700 $0 $459,700
2020 $6,273 $434,100 $0 $434,100
2019 $6,428 $425,700 $0 $425,700
2018 $6,086 $395,700 $0 $395,700
2017 $5,716 $360,400 $0 $360,400
2016 $5,491 $350,400 $0 $350,400
2015 $5,471 $333,400 $0 $333,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rachel Lutts

    Sagan Harborside Sotheby's International Realty

    Section Image

  • M

    Buyer's Agent in 2018

    Mark Wade

    Coldwell Banker Realty - Marblehead

    (781) 864-9812

    2 in this area

    26 Total Sales

    Mark Wade
    Section Image
  • Paul Herrick

    Seller's Agent in 2014

    Paul Herrick

    Herrick Lutts Realty Partners

    (978) 968-0308

    36 Total Sales

    Paul Herrick
    Section Image
  • Deborah Terlik

    Buyer's Agent in 2014

    Deborah Terlik

    Keller Williams Realty Evolution

    (978) 729-5723

    124 Total Sales

    Deborah Terlik
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72323753

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000227-000801-000801

Massachusetts Essex County Salem 01970 Downtown Salem

129 Essex St Unit 1, Salem, MA

This home is located at 129 Essex St Unit 1, Salem, MA 01970 since 09 May 2018 and is currently estimated at $692,591, approximately $479 per square foot. This property was built in 1808. 129 Essex St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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