NOT LISTED FOR SALE

14 Forrester St Unit 1 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $538,000 - $659,000

2 Beds
1 Bath
1,198 Sq Ft
$162/mo HOA Fee

Last Sold July 21, 2023

Last sale price $535,000 $447 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,662/month

3 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Home Office
  • 3-minute walk to Salem Common

About This Home

As of July 2023

Just steps from The Salem Common, 14 Forrester offers the ultimate in single-level living. This spacious first-floor condominium features two bedrooms plus two home office spaces (or 3rd bedroom), in-unit laundry, and plentiful closet space. A chef's eat-in kitchen with Viking range and oversized island, updated full bathroom, wide pine floors for added character, beautiful common outdoor space, off-street parking, and additional bonus storage in the basement for the cherry on top. The exterior has been meticulously maintained with a new roof in 2020 and fully painted in 2021. The Historic Common Neighborhood is in the heart of everything Salem has to offer with nearby train station, shopping, dining, Salem Ferry, Hawthorne Cove marina, Collins Cove, harbor walk and bikeways.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 06/08/2023

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,148

Year Built

  • Built in 1846

HOA Fees

  • $162 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Basement

Kitchen

  • Range
  • 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
  • Tandem Parking
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 801 / 0442
  • Assessor Parcel Number 350442801,2136910

Community Details

Overview

  • Association fees include water, sewer, insurance, reserve funds
  • 2 Units

Amenities

  • Common Area
  • Shops

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,148

Year Built

Built in 1846

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, 2/3 Family
  • Year Built: 1846
  • Entry Level: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Plans
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Home Office
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Office Level: First
  • Basement: Y
  • Living Area: 1198
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: C95279
  • MAIN SO: G62122

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 162
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina
  • Senior Community YN: No
  • MANAGEMENT: Owner Association, No Management
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 350442801,2136910
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5148
  • Tax Block: 0442
  • Tax Lot: 801

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2009
Sold by
Wallach-Knickle Patrika
Bought by
Evans Jennifer M and Catherall Mark
Current Estimated Value
$581,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Levy Burton
Bought by
Levy Burton

Purchase Details

Closed on
Feb 12, 2004
Sold by
Ouellette Donald G and Ouellette Leanne T
Bought by
Levy Burton
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Evans Jennifer M $225,000 --
Levy Burton -- --
Levy Burton $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levy Burton $67,000
Open Levy Burton $155,000
Closed Levy Burton $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $535,000 +8.1% $447 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $495,000 -- $413 / 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 $5,422 $478,100 $0 $478,100
2024 $5,314 $457,300 $0 $457,300
2023 $5,148 $411,500 $0 $411,500
2022 $4,956 $374,000 $0 $374,000
2021 $4,877 $353,400 $0 $353,400
2020 $4,604 $318,600 $0 $318,600
2019 $4,368 $289,300 $0 $289,300
2018 $4,053 $263,500 $0 $263,500
2017 $3,971 $250,400 $0 $250,400
2016 $3,574 $228,100 $0 $228,100
2015 $3,577 $218,000 $0 $218,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73122343

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000442-000801-000801