NOT LISTED FOR SALE

16 High St Unit 1 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $275,000 - $320,000

1 Bed
1 Bath
538 Sq Ft
1900 Built

Sale Details

Date Sold: June 12, 2017

Last sale price $161,000 $299 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,828 / mo

21 Days on Market

About This Home

As of June 2017

Charming one bedroom condominium in the heart of downtown Salem. Open concept living room-kitchen with a brick fireplace, exposed beams and freshly painted. Once you walk out the door you are caught up in the exciting downtown historic Salem. Walk to the commuter rail (25 minutes to North Station), Peabody Essex Museum, chic boutiques and great restaurants. Enjoy this care-free lifestyle.

Last Agent to Sell the Property

Colleen Nobles

Armstrong Field Real Estate License #454007432 Listed on: 03/24/2017

Last Buyer's Agent

Colleen Nobles

Armstrong Field Real Estate License #454007432 Listed on: 03/24/2017

Property Details

Home Type

Condominium

Year Built

1900

Lot Details

0 Sq Ft Lot

Listing Details

  • Unit Level: 1
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 3
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Wood
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: C95180
  • Main So: C95180

Exterior Features

  • Exterior: Clapboard
  • Beach Ownership: Public

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: John Fausell House Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 5
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: res

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Jun 12, 2017
Sold by
Bought by
Seller's Agent
Colleen Nobles
Armstrong Field Real Estate
Buyer's Agent
Colleen Nobles
Armstrong Field Real Estate
List Price
$179,900
Sold Price
$161,000
Premium/Discount to List
-$18,900
-10.51%
Current Estimated Value
$295,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,701
Avg. Annual Appreciation
6.96%
Original Mortgage
$156,170
Outstanding Balance
$127,731
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$167,970

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 31, 2012
Sold by
Bought by
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$107,500
Sold Price
$103,000
Premium/Discount to List
-$4,500
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$77,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$161,000 --
$103,000 --
$133,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $156,170
Previous Owner $77,250
Previous Owner $117,500
Previous Owner $6,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2017 06/12/17 Sold $161,000 -10.5% $299 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $179,900 0.0% $334 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $179,900 +74.7% $334 / Sq Ft
05/31/2012 05/31/12 Sold $103,000 -4.2% $191 / Sq Ft View Prior Sale
05/10/2012 05/10/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $107,500 -- $200 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,775 $244,700 $0 $244,700
2024 $2,683 $230,900 $0 $230,900
2023 $2,532 $202,400 $0 $202,400
2022 $2,539 $191,600 $0 $191,600
2021 $2,445 $177,200 $0 $177,200
2020 $2,377 $164,500 $0 $164,500
2019 $2,330 $154,300 $0 $154,300
2018 $2,146 $139,500 $0 $139,500
2017 $2,021 $127,400 $0 $127,400
2016 $1,907 $121,700 $0 $121,700
2015 $1,961 $119,500 $0 $119,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Colleen Nobles

    Armstrong Field Real Estate

    Section Image
  • Ted Richard

    Seller's Agent in 2012

    Ted Richard

    J. Barrett & Company

    (978) 921-1117

    3 in this area

    64 Total Sales

    Ted Richard
    Section Image
  • Maggie Gibson

    Buyer's Agent in 2012

    Maggie Gibson

    MerryFox Realty

    (978) 852-1566

    6 in this area

    24 Total Sales

    Maggie Gibson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72135535

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000585-000801-000801

Massachusetts Essex County Salem 01970 Downtown Salem

16 High St Unit 1, Salem, MA

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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