NOT LISTED FOR SALE

Estimated Value: $684,589 - $761,000

2 Beds
2.5 Baths
1,334 Sq Ft
$533/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $650,000 $487 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,803/month

50 Days on Market

Highlights

  • Marina
  • No Units Above
  • Property is near public transit
  • Medical Services
  • Deck
  • 4-minute walk to Piperpont Park

About This Home

As of December 2023

OPEN HOUSE CANCELED. Buyer's financing fell through...their loss is your gain!!! Welcome to the Residence at Museum Place. This unique 2 BR, 2 1/2 BA townhome is a bright corner unit in the heart of downtown Salem. The first level features a chef's kitchen with granite/stainless steel, opening to the living/dining room with fireplace. Gleaming hardwood floors, huge windows, huge closet and a half bath complete this level. Upstairs, find a primary ensuite bedroom with bath, an additional bedroom and full bath, laundry and lots of storage. For an added treat, take the private stairs up to your rooftop deck! With an elevator to all levels, central a/c, additional storage in the basement and 2 off-street parking spots, living here easy!!!! Enjoy all Salem has to offer from this fabulous location with museums, dining, shops, and nearby train station.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 09/20/2023

Co-Listed By

Maggie Gibson

MerryFox Realty

Last Buyer's Agent

Bryan Ruocco

LPT Realty, LLC

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,276

Year Built

  • Built in 1950

Lot Details

  • No Units Above

HOA Fees

  • $474 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,334 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Living Room with Fireplace
  • Intercom

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4566847

Community Details

Overview

  • Association fees include water, sewer, insurance, snow removal, reserve funds
  • 13 Units

Amenities

  • Medical Services
  • Elevator

Recreation

  • Marina
  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,276

Year Built

Built in 1950

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1950
  • Entry Level: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Entry Location: Unit Placement(Front)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - 3/4, Flooring - Wall to Wall Carpet, Recessed Lighting, Lighting - Overhead
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Third
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Gas Stove, Lighting - Overhead
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood
  • Basement: N
  • Living Area: 1334
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: C95279
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Balcony / Deck, Deck - Roof
  • Common Walls: No One Above, Corner
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 474
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Park, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4566847
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7276

Multi Family

  • Number Of Units Total: 13
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Dec 15, 2023
Sold by
Whelan Brendan and Whelan Maegan
Bought by
Kachala David D and Kachala Miranda K
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Bryan Ruocco
LPT Realty, LLC
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Views
221
Current Estimated Value
$710,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,647
Avg. Annual Appreciation
4.63%
Original Mortgage
$487,500
Outstanding Balance
$479,803
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,844

Purchase Details

Closed on
Oct 30, 2014
Sold by
Fatta Trodella Props L
Bought by
Whelan Brendan and Whelan Maegan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,385
Interest Rate
4.21%
Mortgage Type
VA

Purchase Details

Listed on
Mar 2, 2013
Closed on
Jun 14, 2013
Sold by
Jpc Ret and Cohen
Bought by
Fattatrodella Props Ll
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Sep 20, 2005
Sold by
Heritage Plz Ent
Bought by
Cohen Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kachala David D $650,000 None Available
Whelan Brendan $390,000 --
Fattatrodella Props Ll $345,000 --
Cohen Paul $459,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kachala David D $487,500
Previous Owner Whelan Brendan $398,385
Previous Owner Cohen Paul $251,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $650,000 0.0% $487 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $649,900 0.0% $487 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $649,900 0.0% $487 / Sq Ft
06/17/2016 06/17/16 Rented $2,500 -2.0% --
05/28/2016 05/28/16 Under Contract -- -- --
05/24/2016 05/24/16 For Rent $2,550 0.0% --
05/22/2016 05/22/16 Under Contract -- -- --
05/02/2016 05/02/16 Price Changed $2,550 -5.6% $2 / Sq Ft
04/08/2016 04/08/16 For Rent $2,700 0.0% --
06/14/2013 06/14/13 Sold $345,000 -4.1% $259 / Sq Ft View Prior Sale
05/02/2013 05/02/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $359,900 -- $270 / 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 $7,046 $621,300 $0 $621,300
2024 $6,998 $602,200 $0 $602,200
2023 $7,276 $581,600 $0 $581,600
2022 $6,943 $524,000 $0 $524,000
2021 $6,664 $482,900 $0 $482,900
2020 $6,692 $463,100 $0 $463,100
2019 $6,463 $428,000 $0 $428,000
2018 $5,967 $388,000 $0 $388,000
2017 $5,905 $372,300 $0 $372,300
2016 $5,834 $372,300 $0 $372,300
2015 -- $342,800 $0 $342,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73161739

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000236-000805-000805