NOT LISTED FOR SALE

141 Washington St Unit 5 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $314,000 - $525,000

1 Bed
1.5 Baths
902 Sq Ft
6,316 Sq Ft Lot

Last Sold February 12, 2016

Last sale price $269,000 $298 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,867/month

Highlights

  • Medical Services
  • Open Floorplan
  • Property is near public transit
  • 6,329 Sq Ft lot
  • Deck
  • 3-minute walk to Piperpont Park

About This Home

As of August 2024

Downtown Salem one-bedroom loft condo available for rent September 1. Urban living in style in this unique building which was formerly the Distillery. The condo conversion captured the charm of the building and offers a unique living space which is literally steps to all of the local restaurants, coffee shops, museums, and the MBTA Station. Around the corner from the Salem Common, the Wharf and Collins Cove, this unit is centrally located to access all Salem has to offer! The unit is open concept with hardwood floors, high ceilings and lots of natural light. Kitchen, living room and half bathroom with laundry on the main level and your bedroom, full bathroom and access to your private roof deck upstairs. Parking available in nearby municipal garages for a yearly fee. No Smoking, Pets with Restrictions, Good Credit and References Required.

Last Agent to Rent the Property

Elizabeth Beaver

Leading Edge Real Estate Listed on: 07/22/2024

Last Renter's Agent

Elizabeth Beaver

Leading Edge Real Estate Listed on: 07/22/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 1900

Lot Details

  • 6,316

Interior Spaces

  • 902 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Light Fixtures
  • Living Room with Fireplace
  • Intercom

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,450
  • Property Available on 9/1/24
  • Rent includes water, sewer, trash collection, snow removal, gardener, extra storage
  • 12 Month Lease Term
  • Assessor Parcel Number M:35 L:0611 S:805,4545876

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,788

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2450

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1900
  • Entry Level: 2
  • Year Built Details: Renovated Since
  • Year Round: Yes
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Skylight, Cathedral Ceiling(s), Closet, Flooring - Hardwood, Deck - Exterior
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Half, Closet - Linen, Flooring - Hardwood
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Gas Stove, Peninsula, Lighting - Overhead
  • Laundry Features: In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan, Lighting - Overhead
  • Living Area: 902
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 2.72
  • PRICE PER Sq Ft: 2.72
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Deck - Roof
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof
  • Waterfront Features: 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, T-Station, University
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Extra Storage
  • Senior Community YN: No
  • UNIT BUILDING: 5

Lot Info

  • Parcel Number: M:35 L:0611 S:805,4545876
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6329
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2015
Closed on
Feb 12, 2016
Sold by
Gollan William F
Bought by
Houlihan Michael C and Thompson Rebecca
Seller's Agent
Susan Olson
MerryFox Realty
Buyer's Agent
Susan Olson
MerryFox Realty
List Price
$269,900
Sold Price
$269,000
Premium/Discount to List
-$900
-0.33%
Current Estimated Value
$456,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,472
Avg. Annual Appreciation
5.69%
Original Mortgage
$215,200
Outstanding Balance
$172,845
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$283,627

Purchase Details

Listed on
Feb 23, 2014
Closed on
May 28, 2014
Sold by
Wenzel Michael and Wenael Marie
Bought by
Gollan William F
Seller's Agent
Susan Olson
MerryFox Realty
Buyer's Agent
Tara McNamara
Keller Williams Realty Evolution
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Apr 20, 2005
Sold by
Wenzel Michael
Bought by
Wenzel Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Houlihan Michael C $269,000 --
Gollan William F $240,000 --
Wenzel Michael -- --
Wenzel Michael $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houlihan Michael C $215,200
Previous Owner Wenzel Michael $244,000
Previous Owner Wenzel Michael $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Rented $2,450 0.0% --
08/09/2024 08/09/24 Under Contract -- -- --
07/22/2024 07/22/24 For Rent $2,450 +2.1% --
08/03/2022 08/03/22 Rented $2,400 0.0% --
07/26/2022 07/26/22 Under Contract -- -- --
07/14/2022 07/14/22 For Rent $2,400 +14.3% --
08/18/2020 08/18/20 Rented $2,100 0.0% --
08/11/2020 08/11/20 Under Contract -- -- --
08/05/2020 08/05/20 For Rent $2,100 0.0% --
02/12/2016 02/12/16 Sold $269,000 -0.3% $259 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/23/2015 12/23/15 For Sale $269,900 +12.5% $260 / Sq Ft
05/28/2014 05/28/14 Sold $240,000 -2.0% $231 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
04/07/2014 04/07/14 Price Changed $244,900 -2.0% $236 / Sq Ft
02/23/2014 02/23/14 For Sale $249,900 -- $241 / 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 $4,788 $422,200 $0 $422,200
2024 $4,740 $407,900 $0 $407,900
2023 $4,597 $367,500 $0 $367,500
2022 $4,369 $329,700 $0 $329,700
2021 $4,318 $312,900 $0 $312,900
2020 $4,373 $302,600 $0 $302,600
2019 $4,297 $284,600 $0 $284,600
2018 $3,963 $257,700 $0 $257,700
2017 $3,863 $243,600 $0 $243,600
2016 $3,678 $234,700 $0 $234,700
2015 $3,717 $226,500 $0 $226,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73267606

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000611-000805-000805