NOT LISTED FOR SALE

15 1/2 Williams St Unit 3 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $344,000 - $380,000

1 Bed
1 Bath
681 Sq Ft
$144/mo HOA Fee

Last Sold September 29, 2023

Last sale price $330,000 $485 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,412/month

11 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Solid Surface Countertops
  • 4-minute walk to Salem Common

About This Home

As of September 2023

Welcome home to the Red Door Condominium! Nestled within the tranquil streets of Historic Downtown Salem, this one bedroom, one bath condominium exudes character, modern amenities, and an unbeatable location. Illuminated by natural light, the top floor unit boasts elegant wide pine floors, built-ins, an open floor plan, and an updated bath and kitchen featuring stainless steel appliances, granite countertops, a gas range/oven, and a unique & large pantry. This inviting space is sure to become your cherished home. Step outside through the iconic red doors to discover a lively community brimming with restaurants, shops, museums, parks, and waterfront views. Just half a block away, Salem Common offers a popular spot for jogging and dog walking. With Boston a mere train ride away, commuting is a breeze. Complete with laundry, extra storage, a common yard, newer roof (2022) and a patio, this remarkable home has it all. Walk Score: 93

Last Listed By

EdVantage Home Group

RE/MAX Encore Listed on: 08/02/2023

RE/MAX Encore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1880

Lot Details

  • 3,485

HOA Fees

  • $144 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 681 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting
  • Light Fixtures
  • Window Screens
  • Dining Area
  • Basement

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Cooling Zone
  • Electric Baseboard Heater
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0169 S:803

Community Details

Overview

  • Association fees include water, sewer, insurance, reserve funds
  • 3 Units
  • The Red Door Condominium Community

Amenities

  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,165

Year Built

Built in 1880

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1880
  • Buyer Agency: 2.5
  • Entry Level: 3
  • Transaction Broker: 1.0
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood, Lighting - Overhead
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Pendant
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
  • Laundry Features: In Building
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Hardwood, Cable Hookup, Lighting - Overhead
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 681
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Screens
  • MAIN LO: B95079
  • LIST PRICE PER Sq Ft: 472.83
  • PRICE PER Sq Ft: 484.58
  • MAIN SO: G62122

Exterior Features

  • Exterior Features: Patio, Screens, Rain Gutters
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Muni
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 144
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:35 L:0169 S:803
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3380
  • Lot Size Units: Acres
  • PAGE: 273
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3165
  • Tax Book Number: 36536

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 29, 2023
Sold by
Howard Pamela
Bought by
Ernst Lisa
Seller's Agent
EdVantage Home Group
RE/MAX Encore
Buyer's Agent
Team Lillian Montalto
Lillian Montalto Signature Properties
List Price
$322,000
Sold Price
$330,000
Premium/Discount to List
$8,000
2.48%
Total Days on Market
11
Views
272
Current Estimated Value
$358,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,120
Avg. Annual Appreciation
5.14%
Original Mortgage
$337,095
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 11, 2013
Closed on
Jun 13, 2013
Sold by
Greenhut Marnie S
Bought by
Alleman Elysia A
Seller's Agent
David Manganis
Coldwell Banker Residential Brokerage - Salem
Buyer's Agent
Christine Rocha
Residential Realty Group
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$151,905
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Richard Frederick S
Bought by
Greenhut Marnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,245
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

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
Ernst Lisa $330,000 None Available
Alleman Elysia A $159,900 --
Greenhut Marnie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernst Lisa $348,036
Closed Ernst Lisa $337,095
Previous Owner Howard Pamela $193,500
Previous Owner Alleman Elysia A $151,905
Previous Owner Greenhut Marnie S $165,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $330,000 +2.5% $485 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $322,000 +49.8% $473 / Sq Ft
02/16/2018 02/16/18 Sold $215,000 +8.9% $316 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $197,500 +23.5% $290 / Sq Ft
06/13/2013 06/13/13 Sold $159,900 0.0% $235 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $159,900 -- $235 / 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 $3,397 $299,600 $0 $299,600
2024 $3,323 $286,000 $0 $286,000
2023 $3,165 $253,000 $0 $253,000
2022 $3,075 $232,100 $0 $232,100
2021 $3,026 $219,300 $0 $219,300
2020 $2,964 $205,100 $0 $205,100
2019 $2,815 $186,400 $0 $186,400
2018 $2,615 $170,000 $0 $170,000
2017 $2,565 $161,700 $0 $161,700
2016 $2,426 $154,800 $0 $154,800
2015 $2,429 $148,000 $0 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73143859

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000169-000803-000803