$490,000
SOLD JUL 11, 2022

162 Bridge St Unit 1 Salem, MA 01970

Bridge Street Neighborhood
3 Beds
2 Baths
1,168 Sq Ft
$350/mo HOA Fee

Recently Sold

$420 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Rowhouse Architecture
  • Ductless Heating Or Cooling System
  • 4-minute walk to Gonyea Park
  • 1 Fireplace
  • Baseboard Heating

About This Home

As of July 2022

This 3 bedroom 2 bath condo in the heart of Salem has it all . Stunning first floor unit features an open floor plan, contemporary state of the art kitchen with stainless appliances and gorgeous marble counters, stunning living room that boasts of gleaming hardwood floors, designer lighting, Spa baths, private master suite with electric fireplace, wifi thermostats, electronic coded entry system, 200 sq.ft of private storage, patio, 2 car parking and 4 minute walk to the train to Boston. Embrace the metropolitan lifestyle Salem has to offer.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 05/12/2022

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

Alison Shanley

Keller Williams Realty Signature Properties

Keller Williams Realty Signature Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1890

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Entry on the 1st floor
  • Frame Construction

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5033470

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 3 Units

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,165

Year Built

Built in 1890

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Rowhouse
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Living Area: 1168
  • Stories Total: 1
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 427.23
  • PRICE PER Sq Ft: 419.52
  • MAIN SO: AN2693

Exterior Features

  • Construction Materials: Frame
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: 5033470
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 154
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5165
  • Tax Book Number: 36409

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 11, 2022
Sold by
Craig J Flaherty Ft
Bought by
Daley Richard M and Mcdowell Christine L
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Alison Shanley
Keller Williams Realty Signature Properties
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Current Estimated Value
$593,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,846
Avg. Annual Appreciation
4.89%
Original Mortgage
$441,000
Outstanding Balance
$422,615
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,300

Purchase Details

Listed on
Nov 3, 2017
Closed on
Dec 15, 2017
Sold by
J & M Builders Llc
Bought by
Craig J Flaherty Ft
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$342,500
Sold Price
$368,000
Premium/Discount to List
$25,500
7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
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 Type Sale Price Title Company
Condominium Deed $490,000 None Available
Deed $368,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $441,000 Purchase Money Mortgage
Previous Owner $280,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $490,000 -1.8% $420 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $499,000 +35.6% $427 / Sq Ft
12/15/2017 12/15/17 Sold $368,000 +7.4% $315 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $342,500 -- $293 / 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 $5,572 $491,400 $0 $491,400
2024 $5,423 $466,700 $0 $466,700
2023 $5,178 $413,900 $0 $413,900
2022 $5,165 $389,800 $0 $389,800
2021 $5,273 $382,100 $0 $382,100
2020 $5,219 $361,200 $0 $361,200
2019 $5,264 $348,600 $0 $348,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Merry Fox Team

    MerryFox Realty

    11 in this area

    266 Total Sales

    Merry Fox Team
    Section Image
  • Dan Fox

    Seller Co-Listing Agent in 2022

    Dan Fox

    MerryFox Realty

    (978) 740-0008

    4 in this area

    100 Total Sales

    Dan Fox
    Section Image
  • Alison Shanley

    Buyer's Agent in 2022

    Alison Shanley

    Keller Williams Realty Signature Properties

    (508) 577-5616

    1 in this area

    58 Total Sales

    Alison Shanley
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72981007

MLS Property Information Network (MLS PIN)

APN: 35-0620-801

Massachusetts Essex County Salem 01970 Bridge Street

162 Bridge St Unit 1, Salem, MA

This home is located at 162 Bridge St Unit 1, Salem, MA 01970 and is currently priced at $490,000, approximately $419 per square foot. This property was built in 1890. 162 Bridge St Unit 1 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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