NOT LISTED FOR SALE

2 Chestnut St Unit 1 Salem, MA 01970

Chestnut Street Neighborhood

Estimated Value: $599,000 - $759,000

2 Beds
1 Bath
1,430 Sq Ft
1820 Built

Last Sold May 02, 2014

Last sale price $343,688 $240 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,129/month

107 Days on Market

About This Home

As of May 2014

Two Chestnut Street marks the return of grace and elegance . This one of a kind residence is open in design and all on one floor. Luxury features include fine moldings, soaring ceilings, floor to ceiling windows,marble fireplaces, formal living and dining rooms, spectacular kitchen with top of the line appliances, breathtaking bath and deeded parking. Steps to the train and Ferry to Boston, Museums, Shopping, Restaurants and Rich Cultural Lifestyle.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 01/09/2014

Last Buyer's Agent

Merry Fox Team

MerryFox Realty Listed on: 01/09/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2014
Sold by
Raye William R and Jacobs Edward R
Bought by
Raye William R and Jacobs Edward R
Total Days on Market
107
Current Estimated Value
$665,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2014
Closed on
May 2, 2014
Sold by
Neus Gary and Neus Judith
Bought by
Raye William R and Jacobs Edward R
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$369,900
Sold Price
$343,688
Premium/Discount to List
-$26,212
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$326,504
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2009
Sold by
Lyons Eric D and Lyons Trista S
Bought by
Neus Gary and Neus Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Fitzgerald Anne E
Bought by
Lyons Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2003
Sold by
Bowditch Nathaniel M and Bowditch Susan W
Bought by
Fitzgerald Ann E

Purchase Details

Closed on
Oct 11, 1996
Sold by
Mignone Susan
Bought by
Bowditch Nathaniel and Bowditch Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1989
Sold by
Skeery Jon
Bought by
Currier Susan
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
Raye William R -- --
Raye William R $343,688 --
Neus Gary $289,000 --
Lyons Eric D $420,000 --
Fitzgerald Ann E -- --
Bowditch Nathaniel $120,000 --
Currier Susan $184,000 --
Currier Susan $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Edward R $319,800
Closed Raye William R $325,500
Previous Owner Raye William R $326,504
Previous Owner Currier Susan $200,000
Previous Owner Currier Susan $336,000
Previous Owner Currier Susan $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $343,688 0.0% $240 / Sq Ft
04/26/2014 04/26/14 Pending -- -- --
03/10/2014 03/10/14 Off Market $343,688 -- --
01/09/2014 01/09/14 For Sale $369,900 -- $259 / 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 $7,183 $633,400 $0 $633,400
2024 $6,742 $580,200 $0 $580,200
2023 $6,548 $523,400 $0 $523,400
2022 $6,251 $471,800 $0 $471,800
2021 $6,115 $443,100 $0 $443,100
2020 $6,228 $431,000 $0 $431,000
2019 $5,954 $394,300 $0 $394,300
2018 $5,649 $367,300 $0 $367,300
2017 $5,340 $336,700 $0 $336,700
2016 $5,135 $327,700 $0 $327,700
2015 -- $290,700 $0 $290,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Merry Fox Team

    MerryFox Realty

    10 in this area

    282 Total Sales

    Merry Fox Team
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71621401

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000465-000801-000801

Massachusetts Essex County Salem 01970 Chestnut Street

2 Chestnut St Unit 1, Salem, MA

This home is located at 2 Chestnut St Unit 1, Salem, MA 01970 since 09 January 2014 and is currently estimated at $669,359, approximately $468 per square foot. This property was built in 1820. 2 Chestnut St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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