NOT LISTED FOR SALE

Estimated Value: $364,000 - $416,000

1 Bed
1 Bath
692 Sq Ft
3,920 Sq Ft Lot

Last Sold July 31, 2014

Last sale price $198,500 $287 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,417/month

65 Days on Market

About This Home

As of July 2014

Inviting single level, one bedroom condominium in the historic Washington Square district of Salem. Located on the first floor of a home built in 1840. This condo features high ceilings, hardwood floors, 2 fireplaces (1 is decorative), spacious eat-in kitchen with plenty of cabinets. Back door access to a common patio and yard. Beautiful front entry and foyer. Ideal investment with a low condo fee. Salem Common is so close you can see it. Moments to the commuter rail, shopping, world famous museums, and restaurants.

Last Listed By

John & Cindy Farrell

Coldwell Banker Realty - Beverly Listed on: 03/17/2014

Coldwell Banker Realty - Beverly

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,565

Year Built

1840

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Corner, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1840

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor, 5X7
  • Kitchen: First Floor, 8X10
  • Laundry Room: First Floor
  • Living Room: First Floor, 15X15
  • Master Bedroom: First Floor, 15X10
  • Master Bedroom Description: Fireplace, Closet, Flooring - Hardwood

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Patio, Screens, Gutters

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Condominium Name: Winter Street Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Extra Storage
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 6
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Jul 31, 2014
Sold by
Lamonica Barbara and Kranz Barbara J
Bought by
Jaeger Madeleine
Seller's Agent
John & Cindy Farrell
Coldwell Banker Realty - Beverly
Buyer's Agent
Paula Ricci
Keller Williams Realty Evolution
List Price
$209,900
Sold Price
$198,500
Premium/Discount to List
-$11,400
-5.43%
Total Days on Market
65
Current Estimated Value
$382,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,901
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Jun 30, 2003
Sold by
Cogburn Jean Marie and Kahn Jules
Bought by
Kranz Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
Sold by
Fairservice Pauline L
Bought by
Kahn Jules and Cogburn Jean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 1995
Sold by
Ddillon Paula S and Fairservice Pauline L
Bought by
Fairservice Pauline L

Range of Values:

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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
Jaeger Madeleine $198,500 --
Kranz Barbara J $236,000 --
Kahn Jules $148,000 --
Fairservice Pauline L $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vonjaeger Madeleine K $30,000
Previous Owner Fairservice Pauline L $172,000
Previous Owner Fairservice Pauline L $140,300
Previous Owner Fairservice Pauline L $140,600
Previous Owner Fairservice Pauline L $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $198,500 0.0% $287 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/12/2014 05/12/14 Off Market $198,500 -- --
03/17/2014 03/17/14 For Sale $209,900 -- $303 / 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 $3,565 $314,400 $0 $314,400
2024 $3,492 $300,500 $0 $300,500
2023 $3,622 $289,500 $0 $289,500
2022 $3,436 $259,300 $0 $259,300
2021 $3,347 $242,500 $0 $242,500
2020 $3,256 $225,300 $0 $225,300
2019 $3,192 $211,400 $0 $211,400
2018 $3,044 $197,900 $0 $197,900
2017 $3,066 $193,300 $0 $193,300
2016 $2,927 $186,800 $0 $186,800
2015 $2,908 $177,200 $0 $177,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71645695

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000084-000801-000801