$365,000 - $388,000
RENTED AUG 22, 2024

20 Central St Unit 306 Salem, MA 01970

Downtown Salem Neighborhood
1 Bed
1 Bath
684 Sq Ft
$555 Price per Sq Ft

Last Sold May 25, 2021

Last sale price $313,000 $458 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,416/month

About This Home

As of May 2021

1 bedroom 1 bath apartment available for rent 9/1 with an updated kitchen, central air, open concept living, custom built-in storage, and private deck overlooking a beautiful courtyard and fountain! Situated right on the central plaza in the heart of downtown Salem, the location is not only convenient but showcases the very best of Salem including restaurants, shopping, the Peabody Essex Museum and much more all on charming brick lined streets. The building offers amenities such as garage parking, storage, and laundry. It is meticulously maintained by professional management company and makes coming home a true pleasure and refuge from the hustle and bustle of daily life. Move in right in time for the fall season so you can have a front row seat to Salem in its element!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 25, 2021
Sold by
Novelli Paula M
Bought by
Samson Joanna
Seller's Agent
Maura Campbell
LAER Realty Partners
Buyer's Agent
Alexandra Joyce
William Raveis R.E. & Home Services
List Price
$297,000
Sold Price
$313,000
Premium/Discount to List
$16,000
5.39%
Current Estimated Value
$379,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,499
Avg. Annual Appreciation
4.39%
Original Mortgage
$257,000
Outstanding Balance
$235,854
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,947

Purchase Details

Closed on
Sep 8, 2004
Sold by
Fletcher Anthony V and Madison Susan R
Bought by
Novelli Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2000
Sold by
Santiago Yvonne L
Bought by
Fletcher Anthony Y

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
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Samson Joanna $313,000 None Available
Novelli Paula M $196,500 --
Fletcher Anthony Y $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samson Joanna $257,000
Previous Owner Fletcher Anthony Y $123,500
Previous Owner Fletcher Anthony Y $150,000
Previous Owner Fletcher Anthony Y $100,000
Previous Owner Fletcher Anthony Y $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Rented $2,400 0.0% --
08/21/2024 08/21/24 Under Contract -- -- --
08/01/2024 08/01/24 For Rent $2,400 0.0% --
05/25/2021 05/25/21 Sold $313,000 +5.4% $458 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $297,000 -- $434 / Sq Ft

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 $3,620 $319,200 $0 $319,200
2024 $3,850 $331,300 $0 $331,300
2023 $3,632 $290,300 $0 $290,300
2022 $3,383 $255,300 $0 $255,300
2021 $3,262 $236,400 $0 $236,400
2020 $3,250 $224,900 $0 $224,900
2019 $3,186 $211,000 $0 $211,000
2018 $2,896 $188,300 $0 $188,300
2017 $2,752 $173,500 $0 $173,500
2016 $2,560 $163,400 $0 $163,400
2015 $2,668 $162,600 $0 $162,600
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Joyce

    Seller's Agent in 2024

    Alexandra Joyce

    William Raveis R.E. & Home Services

    (617) 842-0944

    1 in this area

    172 Total Sales

    Alexandra Joyce
    Section Image
  • Maura Campbell

    Seller's Agent in 2021

    Maura Campbell

    Laer Realty

    (781) 704-1700

    2 in this area

    6 Total Sales

    Maura Campbell
    Section Image
See All Agents

Map

Massachusetts Essex County Salem 01970 Downtown Salem

20 Central St Unit 306, Salem, MA

This home is located at 20 Central St Unit 306, Salem, MA 01970 and is currently estimated at $379,499, approximately $554 per square foot. 20 Central St Unit 306 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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