NOT LISTED FOR SALE

155 Federal St Salem, MA 01970

Estimated Value: $879,000 - $1,410,000

5 Beds
3 Baths
2,800 Sq Ft
3,049 Sq Ft Lot

Last Sold July 26, 2019

Last sale price $630,000 $225 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,792/month

51 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Central Vacuum
  • Wood Flooring
  • Heating System Uses Steam

About This Home

As of July 2019

Commuter's Dream! Iconic Beacon Hill style Victorian on Federal Street in Salem's McIntire District charms with historic details and high-end renovations. Restored vintage lighting and high ceilings throughout. Generous foyer with spiral staircase. Large formal dining room with arched crown molding. Double living room with working marble fireplace and custom built-ins. Ample modern eat-in kitchen with handcrafted cabinets by Larsen Design of Rockport, stainless steel appliances, and French doors that open onto a Japanese-style garden. Second floor includes generous master suite with 2 fireplaces and original Salem China trade tile, guest bedroom, second full bath with subway tile, and light-filled studio. Third floor offers wide pumpkin pine floors with 2 bedrooms and adjacent bonus room. Short distance to downtown Salem, restaurants, shopping and commuter rail. A rare opportunity to own on Federal Street, one of the most desired streets in Salem!

Last Agent to Sell the Property

Jenny May

J. Barrett & Company Listed on: 05/04/2019

Last Buyer's Agent

Jenny May

J. Barrett & Company Listed on: 05/04/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,742

Year Built

  • Built in 1853

Lot Details

  • Fenced Yard
  • Sprinkler System

Interior Spaces

  • Central Vacuum
  • Wood Flooring
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Natural Gas Water Heater

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,742

Year Built

Built in 1853

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Attached
  • Style: Antique
  • Other Agent: 1.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 246.07
  • Comp Based On: Net Sale Price
  • Year Built: 1853
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1853

Interior Features

  • Fireplaces: 5
  • Flooring: Hardwood
  • Interior Amenities: Central Vacuum
  • Appliances: Range, Dishwasher, Disposal, Compactor, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Fireplace, Ceiling Fan(s), Closet, Flooring - Hardwood, Recessed Lighting
  • Bedroom 2: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Hardwood
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Hardwood
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Shower Stall, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Closet, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Bathroom - Half, Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove
  • Laundry: On Level: Second Floor
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 2800.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Deck, Sprinkler System, Fenced Yard
  • Foundation: Fieldstone, Brick, Granite

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Steam, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer

Lot Info

  • Assessments: 611300.00
  • Acre: 0.07
  • Lot Size: 3049.00
  • Page: 217
  • Zoning: R2
  • Lot Description: Fenced/Enclosed

Tax Info

  • Taxes: 9230.00
  • Assessor Parcel Number: 2131460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Jul 26, 2019
Sold by
Collins Nina R and Collins Rita M
Bought by
Kociaj Andi and Collins Rita M
Seller's Agent
Jenny May
J. Barrett & Company
Buyer's Agent
Jenny May
J. Barrett & Company
List Price
$739,000
Sold Price
$630,000
Premium/Discount to List
-$109,000
-14.75%
Current Estimated Value
$1,092,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,349
Avg. Annual Appreciation
8.95%
Original Mortgage
$500,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Udoff Erica
Bought by
Collins Thomas J and Collins Nina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,151
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2008
Sold by
Jarnis Martha M and Buso Raymond D
Bought by
Udoff Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.03%
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
Kociaj Andi $630,000 --
Collins Thomas J $535,000 --
Udoff Erica $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kociaj Andi $200,000
Open Kociaj Andi $489,000
Closed Kociaj Andi $500,000
Previous Owner Collins Nina R $462,500
Previous Owner Jarnis Martha $518,151
Previous Owner Jarnis Martha $200,000
Previous Owner Jarnis Martha $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $630,000 -8.6% $225 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $689,000 -1.4% $246 / Sq Ft
05/20/2019 05/20/19 Price Changed $699,000 -5.4% $250 / Sq Ft
05/04/2019 05/04/19 For Sale $739,000 -- $264 / 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 $9,742 $859,100 $238,800 $620,300
2024 $9,502 $817,700 $221,800 $595,900
2023 $9,398 $751,200 $204,700 $546,500
2022 $8,399 $633,900 $193,400 $440,500
2021 $8,604 $623,500 $193,400 $430,100
2020 $9,212 $637,500 $193,400 $444,100
2019 $9,231 $611,300 $187,700 $423,600
2018 $8,517 $553,800 $179,100 $374,700
2017 $8,406 $530,000 $162,100 $367,900
2016 $8,305 $530,000 $162,100 $367,900
2015 $8,174 $498,100 $150,700 $347,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72494084

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000109