NOT LISTED FOR SALE

17 Central St Unit 8 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $585,093 - $625,000

2 Beds
2 Baths
982 Sq Ft
$609/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $467,500 $476 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,679/month

9 Days on Market

About This Home

As of December 2020

This upscale, beautifully maintained condo in the heart of historic downtown Salem at Museum Place features 982 sq ft of open living space, high ceilings, and windows which provide exceptional light throughout. Unique architectural features include Crown moldings and a gas fireplace. Kitchen with stainless steel appliances and granite counter tops, a private porch, two bedrooms with California closets, two full baths, and two deeded parking spaces. Additional amenities include central air, in unit laundry and elevator. Re-developed in the early-2000s, this historic building was formerly the old Salem Police Station from 1914 until 1992. Adjacent to the renowned Peabody Essex Museum and minutes away from boutique shopping, luxury hotels, fine dining, cafes, beaches and easy access to the commuter rail train. Showings start Saturday 17th and Sunday 18th 11-2pm. Please email miguel@charlesriver.properties signed COVID-19 disclosure as well as a few desired time slots in advance.

Last Agent to Sell the Property

Miguel Menchu

Charles River Properties, LLC Listed on: 10/10/2020

Last Buyer's Agent

Maggie Gibson

MerryFox Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,367

Year Built

  • Built in 1950

Lot Details

  • 1,307

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Laundry in unit
  • Year Round Access

Listing and Financial Details

  • Assessor Parcel Number 35:236:808

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,367

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Year Built Description: Actual
  • List Price Per Sq Ft: 468.33
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1950
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 8
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1950

Interior Features

  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Closet - Double
  • Bedroom 2: On Level: Second Floor, Closet
  • Full Bathrooms: 2
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Lighting - Overhead
  • Family Room: On Level: Second Floor
  • Kitchen: On Level: Second Floor
  • Laundry Features: In Unit
  • Living Room: On Level: Second Floor, Fireplace
  • No Living Levels: 1
  • Main Lo: AN4411
  • Main So: C95279
  • Estimated Sq Ft: 982.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Deeded
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Heat Zones: 1

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, House of Worship, Public School, T-Station, University
  • HOA Fees: 336.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Reserve Funds
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: The Residence at Museum Place

Lot Info

  • Assessments: 398300.00
  • Acre: 0.03
  • Lot Size: 1180.00
  • Page: 422
  • Parcel Number: 35:236:808
  • Zoning: Res

Tax Info

  • Taxes: 5755.44
  • Assessor Parcel Number: 4567625
  • Tax Year: 2020

Multi Family

  • No Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Jan 25, 2021
Sold by
Mchugh Michele T
Bought by
Michele T Mchugh Lt
Seller's Agent
Miguel Menchu
Charles River Properties, LLC
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$459,900
Sold Price
$467,500
Premium/Discount to List
$7,600
1.65%
Current Estimated Value
$598,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,523
Avg. Annual Appreciation
5.08%
Original Mortgage
$350,625
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2020
Closed on
Dec 10, 2020
Sold by
Mary Ann Fraser 2013 T
Bought by
Mchugh Michele
Seller's Agent
Miguel Menchu
Charles River Properties, LLC
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$459,900
Sold Price
$467,500
Premium/Discount to List
$7,600
1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,625
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2019
Sold by
Fraser Mary-Ann
Bought by
Mary and Mary Ann Fraser

Purchase Details

Closed on
Dec 2, 2011
Sold by
Cote Arthur J and Cote Sallie P
Bought by
Fraser Maryann

Purchase Details

Closed on
Oct 3, 2005
Sold by
Heritage Plz Ent Llc
Bought by
Cote Arthur J
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
Michele T Mchugh Lt -- None Available
Mchugh Michele $467,500 None Available
Mary -- --
Fraser Maryann $317,000 --
Cote Arthur J $329,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchugh Michele $350,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $467,500 +1.7% $476 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $459,900 -- $468 / 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 $6,367 $561,500 $0 $561,500
2024 $6,160 $530,100 $0 $530,100
2023 $6,246 $499,300 $0 $499,300
2022 $5,966 $450,300 $0 $450,300
2021 $5,728 $415,100 $0 $415,100
2020 $5,755 $398,300 $0 $398,300
2019 $5,403 $366,700 $0 $366,700
2018 $5,203 $338,300 $0 $338,300
2017 $5,148 $324,600 $0 $324,600
2016 $5,086 $324,600 $0 $324,600
2015 $4,905 $298,900 $0 $298,900
Source: Public Records

Agents Affiliated with this Home

  • Miguel Menchu

    Seller's Agent in 2020

    Miguel Menchu

    Charles River Properties, LLC

    (617) 233-6075

    1 in this area

    10 Total Sales

    Miguel Menchu
    Section Image
  • Maggie Gibson

    Buyer's Agent in 2020

    Maggie Gibson

    MerryFox Realty

    (978) 852-1566

    9 in this area

    28 Total Sales

    Maggie Gibson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72741175

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000236-000808-000808

Massachusetts Essex County Salem 01970 Downtown Salem

17 Central St Unit 8, Salem, MA

Not Listed for Sale

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