M
Seller's Agent in 2016
Merry Fox Team
MerryFox Realty
62 in this area
270 Total Sales
20 Federal St Unit 7A Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $788,000 - $962,000
3
Beds
3
Baths
2,635
Sq Ft
1980
Built
About This Home
As of October 2016A chic sophisticated life style awaits you at Twenty Federal. This dramatic 2635 sq. ft. corner unit has been meticulously renovated. It features a private entrance, high ceilings, new designer kitchen, lots of light and windows, gas fireplace, glass dining area, 3 bedrooms, 2.5 luxurious state of the art baths with top of the line fixtures, family room/home office, penthouse master suite with soaring ceilings, private bath and secluded open deck, parking and exclusive courtyard garden. This property combines contemporary flair with architectural grandeur in the heart of the city. Walk to train, fine restaurants, shopping, museums and night life. This spectacular residence is seductive, stylish and sophisticated.
Property Details
Home Type
Condominium
Est. Annual Taxes
$8,151
Year Built
1980
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: End
- Property Type: Condominium/Co-Op
- Other Agent: 2.50
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1980
Interior Features
- Appliances: Range, Disposal, Refrigerator
- Fireplaces: 1
- Has Basement: Yes
- Fireplaces: 1
- Number of Rooms: 7
- Amenities: Public Transportation, Shopping, Marina, T-Station, University
- Flooring: Hardwood
- Insulation: Partial
- Bedroom 2: Second Floor
- Bedroom 3: Second Floor
- Bathroom #1: Basement
- Bathroom #2: Second Floor
- Bathroom #3: Third Floor
- Kitchen: First Floor
- Living Room: First Floor
- Master Bedroom: Third Floor
- Master Bedroom Description: Bathroom - Full
- Dining Room: First Floor
- Family Room: Basement
- No Living Levels: 4
Exterior Features
- Exterior: Wood, Brick
- Exterior Unit Features: Patio
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 1
Utilities
- Cooling: Central Air
- Heating: Forced Air, Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Association Fee Includes: Water, Sewer, Master Insurance, Snow Removal
- Pets Allowed: Yes w/ Restrictions
- No Units: 8
- Unit Building: 7A
Fee Information
- Fee Interval: Monthly
Lot Info
- Assessor Parcel Number: M:35 L:0609 S:807
- Zoning: Res
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2016
Closed on
Oct 14, 2016
Sold by
Nichols Arthur A
Bought by
Karelitz-Laaff Ann
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$579,000
Sold Price
$555,000
Premium/Discount to List
-$24,000
-4.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,536
Avg. Annual Appreciation
4.86%
Original Mortgage
$225,000
Outstanding Balance
$182,785
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$661,196
Purchase Details
Closed on
Nov 8, 2013
Sold by
Schaffer Donald J and Schaffer Patricia D
Bought by
Nichols Arthur A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2005
Sold by
Eliezer Janet A and Eliezer Sandra A
Bought by
Schaffer Donald J and Schaffer Patricia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 2001
Sold by
Hopkins Roger C
Bought by
Eliezer Sandra A and Eliezer Janet A
Purchase Details
Closed on
Oct 19, 2000
Sold by
Hiner Ronald L and Hiner Mary Lynn
Bought by
Hopkins Roger C
Purchase Details
Closed on
Feb 19, 1999
Sold by
Est Reid Robert V and Reid Sheila W
Bought by
Hiner Ronald and Hiner Mary Lynn
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karelitz-Laaff Ann | $555,000 | -- | |
| Nichols Arthur A | $410,000 | -- | |
| Schaffer Donald J | $375,000 | -- | |
| Eliezer Sandra A | $280,000 | -- | |
| Hopkins Roger C | $234,900 | -- | |
| Hiner Ronald | $162,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Karelitz-Laaff Ann | $225,000 | |
| Previous Owner | Nichols Arthur A | $160,000 | |
| Previous Owner | Hiner Ronald | $125,000 | |
| Previous Owner | Hiner Ronald | $20,000 | |
| Previous Owner | Hiner Ronald | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2016 10/14/16 | Sold | $555,000 | -4.1% | $211 / Sq Ft |
| 08/08/2016 08/08/16 | Pending | -- | -- | -- |
| 08/04/2016 08/04/16 | For Sale | $579,000 | -- | $220 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,151 | $718,800 | $0 | $718,800 |
| 2024 | $8,043 | $692,200 | $0 | $692,200 |
| 2023 | $8,295 | $663,100 | $0 | $663,100 |
| 2022 | $7,939 | $599,200 | $0 | $599,200 |
| 2021 | $7,807 | $565,700 | $0 | $565,700 |
| 2020 | $7,913 | $547,600 | $0 | $547,600 |
| 2019 | $7,695 | $509,600 | $0 | $509,600 |
| 2018 | $7,341 | $477,300 | $0 | $477,300 |
| 2017 | $7,056 | $444,900 | $0 | $444,900 |
| 2016 | $5,950 | $379,700 | $0 | $379,700 |
| 2015 | $6,022 | $367,000 | $0 | $367,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72048484
APN: SALE-000035-000000-000609-000807-000807
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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