NOT LISTED FOR SALE

24 Chestnut St Unit 2 Salem, MA 01970

Chestnut Street Neighborhood

Estimated Value: $778,000 - $1,054,000

2 Beds
2 Baths
1,838 Sq Ft
1848 Built

Last Sold September 29, 2017

Last sale price $569,900 $310 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,714/month

3 Days on Market

About This Home

As of September 2017

The Stephen C. Phillips residence is characterized by elegance. This beautifully appointed unit features 1840 sq ft of gracious living all on one floor. It offers high ceilings, large living room with window seats, stunning dining room,fireplaces, new architectural lighting, wifi heating set up, two beautiful baths, master suite, custom kitchen, third floor exclusive use not included in the square footage, private patio and garage. The high ceilings and light add a contemporary feel to this wonderful property. Stroll the shopping, train and ferry to Boston, museums, restaurants, the waterfront and nightlife. The condo fee includes the heat.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 08/11/2017

Last Buyer's Agent

Linda Hayes

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,751

Year Built

1848

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.25
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1848

Interior Features

  • Has Basement: Yes
  • Fireplaces: 4
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Wood, Hardwood
  • Insulation: Partial
  • Interior Amenities: Cable Available, Walk-up Attic
  • Bedroom 2: Second Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Fireplace, Closet, Flooring - Wood
  • Dining Room: Second Floor
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • No Living Levels: 1
  • Main Lo: C95279
  • Main So: C58300

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Patio
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Heat, Hot Water, Water, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:25 L:0225 S:802
  • Zoning: Historic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 29, 2017
Sold by
Schumann Kathleen D
Bought by
Ritsko Nathan
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Linda Hayes
William Raveis R.E. & Home Services
List Price
$569,900
Sold Price
$569,900
Current Estimated Value
$924,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,398
Avg. Annual Appreciation
6.20%
Original Mortgage
$455,920
Outstanding Balance
$381,534
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$542,764

Purchase Details

Closed on
Jun 16, 2015
Sold by
Murphy Mary M
Bought by
Schumann Kathleen D

Purchase Details

Closed on
Jun 8, 2005
Sold by
Oconnor Roberta D and Oconnor Sean P
Bought by
Murphy Mary M
Source: Public Records

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
Ritsko Nathan $569,900 --
Schumann Kathleen D $525,000 --
Murphy Mary M $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritsko Nathan $455,920
Previous Owner Murphy Mary M $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $569,900 0.0% $310 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $569,900 0.0% $310 / Sq Ft
10/01/2012 10/01/12 Rented $2,200 0.0% --
09/01/2012 09/01/12 Under Contract -- -- --
07/28/2012 07/28/12 For Rent $2,200 -- --
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 $9,751 $859,900 $0 $859,900
2024 $9,058 $779,500 $0 $779,500
2023 $8,935 $714,200 $0 $714,200
2022 $8,541 $644,600 $0 $644,600
2021 $8,356 $605,500 $0 $605,500
2020 $8,452 $584,900 $0 $584,900
2019 $8,476 $561,300 $0 $561,300
2018 $8,624 $548,400 $0 $548,400
2017 $8,404 $529,900 $0 $529,900
2016 $7,818 $498,900 $0 $498,900
2015 $7,654 $466,400 $0 $466,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Merry Fox Team

    MerryFox Realty

    9 in this area

    263 Total Sales

    Merry Fox Team
    Section Image
  • Linda Hayes

    Buyer's Agent in 2017

    Linda Hayes

    William Raveis R.E. & Home Services

    (781) 605-8805

    89 Total Sales

    Linda Hayes
    Section Image

  • F

    Seller's Agent in 2012

    Fatima Heath

    North Shore's Gold Coast Realty

    (978) 283-4440

    2 Total Sales

    Fatima Heath
    Section Image
  • Janice Kostopoulos

    Buyer's Agent in 2012

    Janice Kostopoulos

    Coldwell Banker Realty - Marblehead

    (617) 365-6316

    2 in this area

    26 Total Sales

    Janice Kostopoulos
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72212523

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000225-000802-000802

Massachusetts Essex County Salem 01970 Chestnut Street

24 Chestnut St Unit 2, Salem, MA

This home is located at 24 Chestnut St Unit 2, Salem, MA 01970 since 11 August 2017 and is currently estimated at $924,298, approximately $502 per square foot. This property was built in 1848. 24 Chestnut St Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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