NOT LISTED FOR SALE

Estimated Value: $317,000 - $370,000

2 Beds
2 Baths
702 Sq Ft
$505/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $252,000 $359 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,321/month

6 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • 1-minute walk to High Street Park

About This Home

As of February 2021

Welcome Home to Downtown Salem! This adorable 2 story, 2 bed, 1 and a half bath condo is full of character! Enter into a fantastic foyer full of light, exposed beams, open concept living, granite counters, beautiful wide plank Pine floors and a half bath that will lead you out to a large deck over looking the neighborhood. The spiral staircase will lead you to the second floor where you will be greeted by more gorgeous Pine floors, a master bedroom with a large closet and lots of light. The second bedroom boasts large closet space and there is a full bath to round out the top floor. This Townhouse style Condo is the largest and only 2 story unit in the building of the John Fausell house, originally built around 1900s. Unit 4 is the perfect blend of old world charm of Salem MA accompanied with todays modern beauty and convenience. You don't want to miss seeing this unique home with extremely low HOA fee! Close proximity to Essex, Washington and Derby streets! Off street parking nearby.

Last Agent to Sell the Property

Jill Avery

Century 21 North East Listed on: 12/16/2020

Century 21 North East

Last Buyer's Agent

Jill Avery

Century 21 North East Listed on: 12/16/2020

Century 21 North East

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1900

HOA Fees

  • $160 per month

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring

Schools

  • Salem High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0585 S:804

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,362

Year Built

Built in 1900

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Restrictions: Smoking - In Common Areas, Smoking - In Units
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 348.86
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 4
  • Unit Level: 2
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Pine
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Wood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Wood, Main Level, Exterior Access
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Dining Room: On Level: First Floor, Ceiling - Beamed, Flooring - Wood, Main Level
  • Kitchen: On Level: First Floor, Countertops - Stone/Granite/Solid, Main Level, Open Floor Plan, Gas Stove
  • Laundry: On Level: Basement
  • Laundry Features: Common, In Building
  • Living Room: On Level: First Floor, Bathroom - Half, Ceiling - Beamed, Flooring - Wood, Balcony / Deck, Main Level, Deck - Exterior, Exterior Access, Open Floor Plan
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN5406
  • Main So: AN5406
  • Estimated Sq Ft: 702.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Insulation Feature: Unknown
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Sewage District: Salem
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 160.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: John Fausell House

Schools

  • Elementary School: Carlton
  • Middle School: Collins
  • High School: Salem

Lot Info

  • Assessments: 204700.00
  • Page: 440
  • Parcel Number: M:25 L:0585 S:804
  • Zoning: R

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2958.00
  • Assessor Parcel Number: 2131997
  • Tax Year: 2020

Multi Family

  • No Units: 5
  • No Units Owner Occ: 4

MLS Schools

  • Grade School: Carlton
  • High School: Salem
  • Middle School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Feb 11, 2021
Sold by
Giangrasso Anthony J and Newman Sasha A
Bought by
Norton Barbara H and Wray Zachary W
Seller's Agent
Jill Avery
Century 21 North East
Buyer's Agent
Jill Avery
Century 21 North East
List Price
$244,900
Sold Price
$252,000
Premium/Discount to List
$7,100
2.9%
Current Estimated Value
$354,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,842
Avg. Annual Appreciation
7.62%
Original Mortgage
$239,400
Outstanding Balance
$213,745
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,097

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 30, 2016
Sold by
Lightfoot Kali
Bought by
Jensen-Giangrasso A and Newman Sasha A
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Clare White Sullivan
Coldwell Banker Realty - Beverly
List Price
$189,900
Sold Price
$194,900
Premium/Discount to List
$5,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$185,100
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2014
Closed on
May 16, 2014
Sold by
Storey Edward J and Storey Lauren M
Bought by
Lightfoot Kali
Seller's Agent
Joyce Munoz
Aluxety
Buyer's Agent
The Mitchell Team
Keller Williams Realty Evolution
List Price
$174,500
Sold Price
$167,500
Premium/Discount to List
-$7,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$92,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 26, 2012
Closed on
Feb 20, 2013
Sold by
Gast Patti A
Bought by
Storey Edward J and Cornetta Lauren
Seller's Agent
Marie Bishop
LAER Realty Partners
Buyer's Agent
Joyce Munoz
Aluxety
List Price
$169,900
Sold Price
$164,000
Premium/Discount to List
-$5,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$159,080
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Norton Barbara H $252,000 None Available
Jensen-Giangrasso A $194,900 --
Lightfoot Kali $167,500 --
Storey Edward J $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Barbara H $239,400
Previous Owner Jensen-Giangrasso A $185,100
Previous Owner Lightfoot Kali $92,500
Previous Owner Storey Edward J $159,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2021 02/16/21 Sold $252,000 +2.9% $359 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $244,900 +25.7% $349 / Sq Ft
09/30/2016 09/30/16 Sold $194,900 +2.6% $278 / Sq Ft View Prior Sale
08/18/2016 08/18/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $189,900 +13.4% $271 / Sq Ft
05/16/2014 05/16/14 Sold $167,500 0.0% $239 / Sq Ft View Prior Sale
05/06/2014 05/06/14 Pending -- -- --
03/24/2014 03/24/14 Price Changed $167,500 -0.9% $239 / Sq Ft
02/10/2014 02/10/14 Price Changed $169,000 -3.2% $241 / Sq Ft
01/27/2014 01/27/14 For Sale $174,500 +6.4% $249 / Sq Ft
02/20/2013 02/20/13 Sold $164,000 -3.5% $234 / Sq Ft View Prior Sale
12/13/2012 12/13/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $169,900 -- $242 / 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 $3,362 $296,500 $0 $296,500
2024 $3,285 $282,700 $0 $282,700
2023 $3,126 $249,900 $0 $249,900
2022 $3,163 $238,700 $0 $238,700
2021 $3,046 $220,700 $0 $220,700
2020 $2,958 $204,700 $0 $204,700
2019 $2,896 $191,800 $0 $191,800
2018 $2,693 $184,100 $0 $184,100
2017 $2,644 $166,700 $0 $166,700
2016 $2,496 $159,300 $0 $159,300
2015 $2,567 $156,400 $0 $156,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72767667

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000585-000804-000804