NOT LISTED FOR SALE

Estimated Value: $2,905,000 - $3,514,553

5 Beds
7 Baths
6,897 Sq Ft
$453/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $1,950,000 $283 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $19,847/month

129 Days on Market

About This Home

As of January 2017

Spanning three centuries of architecture, the Joseph Story House has prevailed through distinctive eras in our history-the Age of Exploration, Age of Innovation & Age of Technology. This exquisite 1811 Federal home is the first LEED certified National Historic Landmark. This unique property underwent a total renovation with a cost of over $2 Million. This luxury residence features 5 beds 4 F & 3 H baths, elevator & the option of adjacent guest suites and separate au pair apartment.This incredibly versatile home can be used for entertaining on any scale, while also allowing for today's family lifestyle. Walk to Salem sites including the Common, Peabody Essex Museum, Shops, Restaurants & an abundance of cultural & intellectual activities. An easy commute to Boston via car, commuter rail or ferry, & a quick ride to Logan Airport. Deep water moorings & marina dock space available. Salem Sound connects the picturesque harbors or Salem, Marblehead, Beverly, & Manchester-by-the-Sea.

Last Agent to Sell the Property

Michael Nash

Coldwell Banker Realty - Manchester License #454003187 Listed on: 05/31/2016

Last Buyer's Agent

Domingo Medina

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,485

Year Built

1811

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1811

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Compactor, Microwave, Refrigerator, Freezer, Washer, Dryer, Refrigerator - ENERGY STAR, Dryer - ENERGY STAR, Dishwasher - ENERGY STAR, Washer - ENERGY STAR, Washer / Dryer Combo, Vent Hood, Range - ENERGY STAR, Water Instant Hot, Rangetop - ENERGY STAR, Oven - ENERGY STAR
  • Fireplaces: 5
  • Has Basement: Yes
  • Fireplaces: 5
  • Primary Bathroom: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors, Storm Doors, Attic Vent Elec., Prog. Thermostat, Backup Generator
  • Flooring: Wood, Tile, Concrete, Marble, Hardwood, Stone / Slate
  • Insulation: Full, Spray Foam
  • Interior Amenities: Security System, Cable Available, Sauna/Steam/Hot Tub, Wetbar, Intercom, Finish - Earthen Plaster, French Doors, Laundry Chute, Wired for Surround Sound
  • Basement: Full, Finished, Walk Out, Interior Access, Garage Access
  • Bedroom 2: Second Floor, 19X15
  • Bedroom 3: Third Floor, 19X16
  • Bedroom 4: Third Floor, 14X13
  • Bedroom 5: Third Floor, 15X12
  • Bathroom #1: First Floor, 4X8
  • Bathroom #2: Third Floor, 20X15
  • Bathroom #3: Third Floor, 8X19
  • Kitchen: First Floor, 21X20
  • Laundry Room: Basement, 25X15
  • Living Room: First Floor, 20X16
  • Master Bedroom: Second Floor, 20X17
  • Master Bedroom Description: Bathroom - Full, Fireplace, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Hot Tub / Spa, Double Vanity, Dressing Room, Steam / Sauna
  • Dining Room: First Floor, 24X20
  • Family Room: First Floor, 21X18
  • Oth1 Room Name: Great Room
  • Oth1 Dimen: 29X23
  • Oth1 Dscrp: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Oth2 Room Name: Study
  • Oth2 Dimen: 16X7
  • Oth2 Dscrp: Flooring - Hardwood, Main Level
  • Oth3 Room Name: Office
  • Oth3 Dimen: 12X10
  • Oth3 Dscrp: Flooring - Hardwood, Window(s) - Picture, Main Level
  • Oth4 Room Name: Accessory Apt.
  • Oth4 Dimen: 16X38
  • Oth4 Dscrp: Bathroom - Full, Closet, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cable Hookup, Stainless Steel Appliances
  • Oth5 Room Name: Live-in Help Quarters
  • Oth5 Dimen: 13X19
  • Oth5 Dscrp: Bathroom - Full, Closet
  • Oth6 Room Name: Play Room
  • Oth6 Dimen: 44X17
  • Oth6 Dscrp: Fireplace, Open Floor Plan

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Features: Porch - Enclosed, Porch - Screened, Deck - Roof, Patio, Balcony, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Fenced Yard, Drought Tolerant/Water Conserving Landscaping, Garden Area, ET Irrigation Controller
  • Foundation: Poured Concrete, Granite
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Storage, Side Entry, Insulated
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Cooling: Central Air, Heat Pump, Geothermal Heat Pump
  • Heating: Central Heat, Radiant, Gas, Geothermal Heat Source, Ground Source Heat Pump
  • Cooling Zones: 15
  • Heat Zones: 15
  • Hot Water: Natural Gas, Tank, Separate Booster, Geothermal/GSHP Hot Water
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Jan 25, 2017
Sold by
Chayet Neil L and Chayet Martha
Bought by
Carruthers Bruce R
Seller's Agent
Michael Nash
Coldwell Banker Realty - Manchester
Buyer's Agent
Domingo Medina
Coldwell Banker Realty - Lexington
List Price
$2,300,000
Sold Price
$1,950,000
Premium/Discount to List
-$350,000
-15.22%
Current Estimated Value
$3,123,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,173,184
Avg. Annual Appreciation
5.60%
Original Mortgage
$810,000
Outstanding Balance
$640,379
Interest Rate
2.6%
Mortgage Type
Unknown
Estimated Equity
$2,482,805

Purchase Details

Closed on
May 24, 2006
Sold by
Atchason Kathleen A
Bought by
Chayet Neil L and Chayet Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Carruthers Bruce R $1,950,000 --
Chayet Neil L $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carruthers Bruce R $810,000
Previous Owner Atchason Kathleen A $1,600,000
Previous Owner Atchason Kathleen A $1,600,000
Previous Owner Atchason Kathleen A $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2017 01/25/17 Sold $1,950,000 -1.3% $283 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
09/02/2016 09/02/16 Price Changed $1,975,000 -14.1% $286 / Sq Ft
05/31/2016 05/31/16 For Sale $2,300,000 -- $333 / 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 $38,485 $3,393,700 $293,300 $3,100,400
2024 $34,707 $2,986,800 $272,400 $2,714,400
2023 $33,976 $2,715,900 $251,400 $2,464,500
2022 $33,080 $2,496,600 $237,500 $2,259,100
2021 $31,632 $2,292,200 $237,500 $2,054,700
2020 $29,641 $2,051,300 $237,500 $1,813,800
2019 $28,636 $1,896,400 $230,500 $1,665,900
2018 $24,805 $1,612,800 $220,000 $1,392,800
2017 $22,166 $1,397,600 $199,000 $1,198,600
2016 $21,665 $1,382,600 $199,000 $1,183,600
2015 $22,226 $1,354,400 $185,100 $1,169,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72014166

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000081