NOT LISTED FOR SALE

Estimated Value: $582,229 - $645,000

2 Beds
2 Baths
992 Sq Ft
$318/mo HOA Fee

Last Sold October 20, 2023

Last sale price $550,000 $554 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,010/month

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Intercom
  • Wood Flooring
  • Elevator
  • 4-minute walk to Piperpont Park

About This Home

As of October 2023

The Residences at Museum Place are the ultimate in downtown Salem living. Take the elevator from this sunny single-level 2-bedroom corner unit down to your deeded 2-car parking and out into the heart of downtown, with the Peabody Essex Museum, shops, and restaurants right in your backyard. Conveniences abound with 2 full bathrooms, kitchen with granite counters and stainless appliances, open layout, in-unit laundry, plentiful closets, and additional private storage in basement. High ceilings and soaring windows add to the charm of this beautiful building. There is a reason owners rarely put these units up for sale. Perfect for easily enjoying all that downtown Salem has to offer!

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 09/28/2023

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

Merry Fox Team

MerryFox Realty Listed on: 09/28/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,197

Year Built

  • Built in 1950

Lot Details

  • 0.39

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Storage
  • Intercom
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • 100 Amp Service
  • Natural Gas Connected

Additional Features

  • Level Entry For Accessibility
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 809 / 0236
  • Assessor Parcel Number 350236809,4559529

Community Details

Overview

  • Association fees include water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, reserve funds
  • 13 Units
  • Mid-Rise Condominium

Amenities

  • Shops
  • Elevator

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,197

Year Built

Built in 1950

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1950
  • Entry Level: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Storage
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Trash Compactor,Microwave,Washer,Dryer, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: First Floor
  • Room Living Room Level: Second
  • Basement: Y
  • Accessibility Features: Accessible Entrance
  • Living Area: 992
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95279
  • MAIN SO: C95279
  • Insulation: Unknown

Exterior Features

  • Construction Materials: Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Bay, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 318
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 350236809,4559529
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6197
  • Tax Block: 0236
  • Tax Lot: 809

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 28, 2023
Closed on
Oct 16, 2023
Sold by
Eddy Patrick J
Bought by
Guber Bernadette A
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$529,000
Sold Price
$550,000
Premium/Discount to List
$21,000
3.97%
Views
56
Current Estimated Value
$602,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,057
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Harris Carl M and Harris Pamela A
Bought by
Eddy Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2005
Sold by
Heritage Plz Ent Llc
Bought by
Harris Carl M
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
Guber Bernadette A $550,000 None Available
Eddy Patrick J $325,000 --
Harris Carl M $310,106 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Carl M $180,000
Previous Owner Harris Carl M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $550,000 +4.0% $554 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $529,000 -- $533 / 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 $6,264 $552,400 $0 $552,400
2024 $6,061 $521,600 $0 $521,600
2023 $6,197 $495,400 $0 $495,400
2022 $5,921 $446,900 $0 $446,900
2021 $5,686 $412,000 $0 $412,000
2020 $5,709 $395,100 $0 $395,100
2019 $5,510 $364,900 $0 $364,900
2018 $4,917 $319,700 $0 $319,700
2017 $4,864 $306,700 $0 $306,700
2016 $4,806 $306,700 $0 $306,700
2015 $4,634 $282,400 $0 $282,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73164555

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000236-000809-000809