NOT LISTED FOR SALE

18 Mall St Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $625,000 - $686,000

2 Beds
2 Baths
1,470 Sq Ft
$275/mo HOA Fee

Last Sold May 27, 2021

Last sale price $525,000 $357 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,435/month

7 Days on Market

Highlights

  • Wood Flooring
  • Central Vacuum
  • 3-minute walk to Gonyea Park
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Historic living close to Salem Common and the MBTA commuter rail. Elegant 1850 second floor 2 bedroom 2 bath condo with period detail. Central air. Master bath with walk in closet. In unit laundry. Fireplaced living and dining room. Kitchen with vaulted ceilings remodeled in 2019. Private deck off kitchen. Huge shared yard. Two parking spaces plus guest parking. Pet friendly. **First showings at open houses Friday 4/23 4-6pm & Saturday 4/24 1:30-3:30pm. Appointments made during open houses get first entry preference.** (Sunday open house was changed to Saturday because of rain)

Last Agent to Sell the Property

Erin Lamb

RE/MAX 360 Listed on: 04/21/2021

RE/MAX 360

Last Buyer's Agent

Patricia Hall

Conway - Hingham

Conway - Hingham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,124

Year Built

  • Built in 1850

Lot Details

  • 8,712

HOA Fees

  • $275 per month

Interior Spaces

  • Central Vacuum
  • Wood Flooring
  • Basement

Kitchen

  • Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0101 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,124

Year Built

Built in 1850

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Commission: 2.00
  • Other Agent: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 332.65
  • Comp Based On: Net Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Fireplaces: 2
  • Flooring: Wood
  • Interior Amenities: Central Vacuum
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Walk-in, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 2: On Level: Second Floor, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Fireplace, Flooring - Hardwood, Wainscoting
  • Kitchen: On Level: Second Floor, Skylight, Ceiling Fan(s), Ceiling - Beamed, Ceiling - Vaulted, Flooring - Stone/Ceramic Tile, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid
  • Laundry: On Level: Second Floor, Bathroom - Full
  • Laundry Features: In Unit
  • Living Room: On Level: Second Floor, Fireplace, Ceiling - Beamed, Closet, Flooring - Hardwood, Wainscoting, Crown Molding
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: AN4305
  • Main So: A14050
  • Estimated Sq Ft: 1470.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Unit Features: Deck - Wood, Garden Area

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, T-Station
  • HOA Fees: 275.00
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 426900.00
  • Acre: 0.20
  • Lot Size: 8651.00
  • Parcel Number: M:35 L:0101 S:802
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 5891.00
  • Assessor Parcel Number: 4973516
  • Tax Year: 2021

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 27, 2021
Sold by
Baltoumas George and Baltoumas Janice S
Bought by
Lachance Emily and Ponder Anthony M
Seller's Agent
Erin Lamb
RE/MAX 360
Buyer's Agent
Patricia Hall
Conway - Hingham
List Price
$489,000
Sold Price
$525,000
Premium/Discount to List
$36,000
7.36%
Current Estimated Value
$655,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,237
Avg. Annual Appreciation
5.60%
Original Mortgage
$350,000
Outstanding Balance
$319,410
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,827
Source: Public Records

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Range of Values:

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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
Lachance Emily $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lachance Emily $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $525,000 +7.4% $357 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $489,000 -- $333 / 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 $6,124 $540,000 $0 $540,000
2024 $6,219 $535,200 $0 $535,200
2023 $6,540 $522,800 $0 $522,800
2022 $6,514 $491,600 $0 $491,600
2021 $5,891 $426,900 $0 $426,900
2020 $5,787 $400,500 $0 $400,500
2019 $5,481 $363,000 $0 $363,000
2018 $5,191 $337,500 $0 $337,500
2017 $5,085 $320,600 $0 $320,600
Source: Public Records

Agents Affiliated with this Home

  • Erin Lamb

    Seller's Agent in 2021

    Erin Lamb

    RE/MAX 360

    (978) 771-7083

    3 in this area

    54 Total Sales

    Erin Lamb
    Section Image
  • Patricia Hall

    Buyer's Agent in 2021

    Patricia Hall

    Conway - Hingham

    (781) 248-7082

    1 in this area

    37 Total Sales

    Patricia Hall
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72818015

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000101-000802-000802

Massachusetts Essex County Salem 01970 Salem Common

18 Mall St Unit 2, Salem, MA

This home is located at 18 Mall St Unit 2, Salem, MA 01970 since 21 April 2021 and is currently estimated at $655,237, approximately $445 per square foot. This property was built in 1850. 18 Mall St Unit 2 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

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