NOT LISTED FOR SALE

178 Federal St Salem, MA 01970

Estimated Value: $905,000 - $1,265,000

4 Beds
3 Baths
2,320 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $932,500 $402 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,770/month

5 Days on Market

About This Home

As of October 2021

Welcome to the Mary Pitman House! A beautifully maintained 18th century gambrel with later additions. Enter past the lovely brick car-park through a picket fence into the most enchanting perennial & herb garden. Inside the house you are greeted by a charming curved staircase, said to be built around a ship’s mast. Gracious & logical layout w/a sunny living room to the right of the entrance hall and bright family room, containing a pitch-perfect recreation of a Rumford fireplace crafted of antique brick, to the left. Next, a spacious kitchen-dining room w/windows on 3 sides. The cabinets were custom made with a ship cabinet maker’s precision, following the design of an 18th century cabinet. Convenient mudroom/laundry with direct access to the garden rounds-out this floor. On the 2nd and 3rd floors there are 4 BRS & 2 baths, allowing for flexible office/bedroom use. Outside is Paradise! 3 outdoor spaces containing a perennial garden, a brick patio, and yard for kids & dogs.

Last Agent to Sell the Property

Michael Selbst

Gibson Sotheby's International Realty Listed on: 08/11/2021

Gibson Sotheby's International Realty

Last Buyer's Agent

Robert Cohen

Engel & Volkers Boston

Engel & Volkers Boston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,636

Year Built

  • 1770

Lot Details

  • 5,663

Utilities

  • 1 Cooling Zone
  • 3 Heating Zones

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,636

Year Built

1770

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Architectural Style: Antique
  • Directions: Flint to Federal
  • Garage Yn: No
  • Property Attached Yn: No
  • Subdivision Name: McIntire Historic District
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1770

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Freezer,Washer,Dryer, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Has Basement: Full
  • Total Bathrooms: 2.5
  • Master Bathroom Features: No
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 355.6
  • PRICE PER Sq Ft: 401.94
  • MAIN SO: AN2593
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Carpet
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Shingle, Rubber
  • Exterior Features: Storage, Garden
  • Foundation Details: Stone
  • Construction Type: Frame
  • Home Warranty: No
  • Lot Features: Level
  • Patio And Porch Features: Patio
  • Waterfront Features: Beach Front, Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Cooling: Ductless
  • Heating: Baseboard, Natural Gas
  • HEAT ZONES: 3
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community: No

Lot Info

  • LOT SIZE: 5711
  • PAGE: 444
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5662.8
  • Zoning: R2

Tax Info

  • Tax Annual Amount: 6584
  • Tax Book Number: 15717
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 27, 2021
Sold by
Konstadt Marin F
Bought by
Gutierrez Daniel and Vontish Kelsey L
Seller's Agent
Michael Selbst
Gibson Sotheby's International Realty
Buyer's Agent
Robert Cohen
Engel & Volkers Boston
List Price
$825,000
Sold Price
$932,500
Premium/Discount to List
$107,500
13.03%
Current Estimated Value
$1,105,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,000
Avg. Annual Appreciation
4.40%
Original Mortgage
$550,000
Outstanding Balance
$498,592
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$606,908

Purchase Details

Closed on
May 1, 1985
Bought by
Konstadt Paul S and Konstadt Marin F
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 Buyer Sale Price Title Company
Gutierrez Daniel $932,500 None Available
Konstadt Paul S $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Daniel $550,000
Previous Owner Konstadt Paul S $100,000
Previous Owner Konstadt Paul S $123,000
Previous Owner Konstadt Paul S $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $932,500 +13.0% $402 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $825,000 -- $356 / 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 $10,636 $937,900 $256,500 $681,400
2024 $10,448 $899,100 $238,200 $660,900
2023 $9,199 $735,300 $219,800 $515,500
2022 $6,482 $489,200 $207,600 $281,600
2021 $6,584 $477,100 $207,600 $269,500
2020 $6,433 $445,200 $207,600 $237,600
2019 $6,475 $428,800 $201,500 $227,300
2018 $6,075 $395,000 $192,400 $202,600
2017 $5,797 $365,500 $174,000 $191,500
2016 $5,503 $351,200 $174,000 $177,200
2015 $5,392 $328,600 $161,800 $166,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72879468

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000067