20 Spring St Salem, MA 01970
Salem Common NeighborhoodEstimated Value: $528,000 - $554,000
2
Beds
2
Baths
866
Sq Ft
$623/Sq Ft
Est. Value
Highlights
- Ocean View
- Porch
- French Doors
- Wood Flooring
- Tankless Water Heater
- 4-minute walk to Collins Cove Park
About This Home
As of October 2020Charming seaside Colonial right off Collins Cove with year-round views of the water from the living room, kitchen & master bedroom. Built in 1890, this recently updated home opens to a light-filled living room with gleaming hardwood floors & big picture windows. The large eat-in kitchen with breakfast bar & bonus half bath is ready for your ideas. Upstairs, two bedrooms with exposed wooden beams add charm to this antique home. Both rooms share access to a spa-like, jack & jill bath that has a beautifully tiled shower with multiple jets. Downstairs, the partially-finished basement provides an extended living area (320 sqft) that can be used as an extra bedroom/guest suite, office or play space. Central A/C & heat, tankless & ionizing systems, flagstone walkway & foundation repointed in 2019. Roof done & floors refinished in 2018. Awesome location just 50 yards to Collins Cove. Close to Salem Common, Downtown Salem restaurants & attractions, and the Commuter Rail. Move right in & enjoy!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,291
Year Built
- Built in 1890
Lot Details
- Year Round Access
- Property is zoned R2
Property Views
- Ocean
- Bay
Interior Spaces
- Sheet Rock Walls or Ceilings
- Whole House Fan
- French Doors
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Laundry
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Outdoor Features
- Porch
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:35 L:0584
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2020
Closed on
Sep 3, 2020
Sold by
Balest Lauren E
Bought by
Halloran Michael and Halloran Stephanie
Seller's Agent
Portia Green
Compass
Buyer's Agent
Aditi Jain
Redfin Corp.
List Price
$369,900
Sold Price
$393,000
Premium/Discount to List
$23,100
6.24%
Total Days on Market
5
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
$146,914
Avg. Annual Appreciation
7.58%
Original Mortgage
$314,400
Outstanding Balance
$282,158
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$268,166
Purchase Details
Listed on
Mar 16, 2018
Closed on
Apr 30, 2018
Sold by
Richards Julie
Bought by
Balest Lauren E
Seller's Agent
Leonette Strout
Keller Williams Realty Evolution
Buyer's Agent
Carrie Gundersen
MV of Massachusetts LLC
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%
Original Mortgage
$281,300
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2007
Sold by
Cartus Financial Corp
Bought by
Richards Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 1987
Sold by
Winkel Rt
Bought by
Fitzgerald Thomas M
Create a Home Valuation Report for This Property
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Halloran Michael | $393,000 | None Available | |
| Balest Lauren E | $290,000 | -- | |
| Richards Julie | $240,000 | -- | |
| Cartus Financial Corp | $304,000 | -- | |
| Fitzgerald Thomas M | $127,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Halloran Michael | $314,400 | |
| Previous Owner | Balest Lauren E | $285,000 | |
| Previous Owner | Balest Lauren E | $281,300 | |
| Previous Owner | Richards Julie | $228,000 | |
| Previous Owner | Fitzgerald Thomas M | $228,000 | |
| Previous Owner | Fitzgerald Thomas M | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2020 10/07/20 | Sold | $393,000 | +6.2% | $454 / Sq Ft |
| 08/18/2020 08/18/20 | Pending | -- | -- | -- |
| 08/13/2020 08/13/20 | For Sale | $369,900 | +27.6% | $427 / Sq Ft |
| 04/30/2018 04/30/18 | Sold | $290,000 | +0.3% | $339 / Sq Ft |
| 04/04/2018 04/04/18 | Pending | -- | -- | -- |
| 03/27/2018 03/27/18 | Price Changed | $289,000 | -3.3% | $338 / Sq Ft |
| 03/16/2018 03/16/18 | For Sale | $299,000 | -- | $350 / 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 | $5,291 | $466,600 | $165,200 | $301,400 |
| 2024 | $5,131 | $441,600 | $157,000 | $284,600 |
| 2023 | $4,989 | $398,800 | $144,900 | $253,900 |
| 2022 | $4,782 | $360,900 | $140,100 | $220,800 |
| 2021 | $4,598 | $333,200 | $130,400 | $202,800 |
| 2020 | $4,628 | $320,300 | $123,200 | $197,100 |
| 2019 | $4,679 | $309,900 | $116,900 | $193,000 |
| 2018 | $4,320 | $280,900 | $111,100 | $169,800 |
| 2017 | $4,360 | $274,900 | $93,700 | $181,200 |
| 2016 | $4,239 | $270,500 | $89,300 | $181,200 |
| 2015 | $4,139 | $252,200 | $82,100 | $170,100 |
Source: Public Records
Agents Affiliated with this Home
-
Portia Green
Seller's Agent in 2020
Portia Green
Compass
(858) 880-0195
1 in this area
26 Total Sales
-
Buyer's Agent in 2020
Aditi Jain
Redfin Corp.
(978) 996-4861
-
Leonette Strout
L
Seller's Agent in 2018
Leonette Strout
Keller Williams Realty Evolution
(978) 376-4589
25 Total Sales
-
C
Buyer's Agent in 2018
Carrie Gundersen
MV of Massachusetts LLC
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72709166
APN: SALE-000035-000000-000584
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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