NOT LISTED FOR SALE

129 Essex St Unit Eight Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $669,000 - $720,699

2 Beds
2 Baths
1,584 Sq Ft
1806 Built

Last Sold November 17, 2016

Last sale price $465,000 $294 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,401/month

9 Days on Market

About This Home

As of November 2016

Elegant townhouse in an exceptional location, neighboring the Peabody Essex Museum's finest historic properties. Located in the prestigious Tucker-Mathew Mansion, this 2-3 bedroom townhome lives up to its esteemed surroundings. Natural light fills each level of this corner unit, with its tall Palladian windows, high ceilings and open living spaces. Nicely renovated with select finishes, including granite and marble. Custom cabinetry, closets, bookcases and other built-ins are found at every turn. Discerning buyers will value the sophistication and attention paid to every detail. A choice of master bedrooms, with the top level bedroom providing superior views of iconic Salem landmarks and amazing sunsets. Great outdoor space in the property's hidden courtyard. Deeded parking is included! Walk to everything from this ideal location. Just steps to the museum, waterfront area restaurants, shops, cafés and train to Boston's North Station. All new heating system and central air.

Last Agent to Sell the Property

Mark Wade

Coldwell Banker Realty - Marblehead Listed on: 07/20/2016

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

William T Jebb

Jebb Realty, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,094

Year Built

1806

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Corner
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1806

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Freezer, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Marina, University
  • Electric: 200 Amps
  • Energy: Insulated Windows
  • Flooring: Hardwood, Stone / Slate
  • Interior Amenities: Cable Available, Intercom
  • Bedroom 2: Fourth Floor
  • Bathroom #1: Third Floor
  • Bathroom #2: Fourth Floor
  • Kitchen: Third Floor
  • Laundry Room: Fourth Floor
  • Living Room: Third Floor
  • Master Bedroom: Fourth Floor
  • Master Bedroom Description: Skylight, Ceiling - Beamed, Closet - Linen, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting, Remodeled
  • Dining Room: Third Floor
  • Oth1 Room Name: Den
  • Oth1 Dscrp: Ceiling - Cathedral, Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Balcony - Interior, Cabinets - Upgraded, Open Floor Plan, Remodeled, Walk-in Storage
  • Oth1 Level: Fourth Floor
  • Oth2 Room Name: Loft
  • Oth2 Dscrp: Skylight, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Cabinets - Upgraded, Open Floor Plan, Remodeled
  • Oth2 Level: Fourth Floor
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Patio, City View(s), Fenced Yard, Garden Area, Professional Landscaping
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Deeded
  • Parking: Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Hot Water: Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Garden Area, Reserve Funds
  • Association Security: Intercom
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 13
  • Unit Building: Eight

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2020
Sold by
Sosinsky Barrie
Bought by
Thomson Graham and Thomson Maria
Current Estimated Value
$704,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,915
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2016
Closed on
Nov 17, 2016
Sold by
Bank Of New York
Bought by
Sosinsky Barrie
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
William T Jebb
Jebb Realty, LLC
List Price
$469,000
Sold Price
$465,000
Premium/Discount to List
-$4,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$441,750
Interest Rate
3.94%

Purchase Details

Closed on
Jul 25, 2005
Sold by
Rushton Derek S and Rushton Gina
Bought by
Cribbins Martin J

Purchase Details

Closed on
Aug 19, 2002
Sold by
Lyman Richard W and Lyman Amy Ellen
Bought by
Rushton Derek S and Rushton Gina

Purchase Details

Closed on
Aug 14, 1998
Sold by
Caramello Donna Lee
Bought by
Lyman Richard W and Lyman Amy Ellen

Purchase Details

Closed on
Jun 24, 1992
Sold by
Hale Rochelle L
Bought by
Caramello Donna Lee
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
Thomson Graham $539,900 None Available
Sosinsky Barrie -- --
Cribbins Martin J $393,000 --
Rushton Derek S $289,000 --
Lyman Richard W $185,000 --
Caramello Donna Lee $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rackauckas Christopher $504,000
Closed Thomson Graham $458,915
Previous Owner Hale Rochelle L $441,750
Previous Owner Hale Rochelle L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $465,000 -0.9% $294 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $469,000 -- $296 / 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 $7,094 $625,600 $0 $625,600
2024 $7,268 $625,500 $0 $625,500
2023 $6,973 $557,400 $0 $557,400
2022 $6,710 $506,400 $0 $506,400
2021 $6,605 $478,600 $0 $478,600
2020 $6,542 $452,700 $0 $452,700
2019 $6,727 $445,500 $0 $445,500
2018 $6,393 $415,700 $0 $415,700
2017 $5,790 $365,100 $0 $365,100
2016 $5,431 $346,600 $0 $346,600
2015 $5,419 $330,200 $0 $330,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72041323

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000227-000808-000808