NOT LISTED FOR SALE

28 Federal St Unit 8 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $533,000 - $648,000

2 Beds
2 Baths
1,488 Sq Ft
1980 Built

Last Sold July 26, 2013

Last sale price $303,500 $204 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,809/month

53 Days on Market

About This Home

As of July 2013

The one you have been waiting for...Amazing Open concept 2 bedroom, 2 bath Townhome in the Heart of Downtown Salem. Offering Cathedral ceilings, Hardwood flrs, Fireplace, Private Deck, Deeded Parking and more. Move in Ready with Designer colors, Chic updated Granite Kitchen and Huge Master Bedroom suite. Great storage space, Pet friendly and yes, the condo fee includes Heat & Hot water, Minutes to commuter rail, Harbor & Restaurants

Last Agent to Sell the Property

Zoe Karademos

Coldwell Banker Realty - Beverly Listed on: 05/02/2013

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Carmel Harney

William Raveis R.E. & Home Services License #449546247

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,802

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Top/Penthouse, Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: No
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Bike Path, Highway Access, Marina, T-Station
  • Electric: Circuit Breakers
  • Flooring: Tile, Hardwood
  • Bedroom 2: First Floor, 10X16
  • Bathroom #1: Second Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor, 21X22
  • Master Bedroom: Second Floor, 16X18
  • Master Bedroom Description: Ceiling - Cathedral, Flooring - Hardwood
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Composite, City View(s)

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 12
  • Unit Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2003
Sold by
Makowski John W and Oquinn-Makowski Mary J
Bought by
Cornell Matthew C and Cornell Beth Anne
Current Estimated Value
$600,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$93,270
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$495,744

Purchase Details

Closed on
Jul 29, 1999
Sold by
Perry Sheila and Perry Roger
Bought by
Makowski John W and Oquinn-Makowski Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1993
Sold by
Beal Russell M and Beal Kathleen
Bought by
Perry Roger and Perry Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cornell Matthew C $260,000 --
Makowski John W $156,000 --
Perry Roger $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Roger $208,000
Previous Owner Perry Roger $124,800
Previous Owner Perry Roger $117,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $303,500 -4.9% $204 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $319,000 -- $214 / 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 $5,802 $511,600 $0 $511,600
2024 $5,739 $493,900 $0 $493,900
2023 $6,127 $489,800 $0 $489,800
2022 $5,822 $439,400 $0 $439,400
2021 $5,659 $410,100 $0 $410,100
2020 $5,714 $395,400 $0 $395,400
2019 $5,400 $357,600 $0 $357,600
2018 $5,083 $330,500 $0 $330,500
2017 $4,986 $314,400 $0 $314,400
2016 $4,643 $296,300 $0 $296,300
2015 $4,208 $256,400 $0 $256,400
Source: Public Records

Agents Affiliated with this Home

  • Zoe Karademos

    Seller's Agent in 2013

    Zoe Karademos

    Coldwell Banker Realty - Beverly

    (781) 405-7122

    3 in this area

    72 Total Sales

    Zoe Karademos
    Section Image

  • C

    Buyer's Agent in 2013

    Carmel Harney

    William Raveis R.E. & Home Services

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71519232

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000191-000808-000808

Massachusetts Essex County Salem 01970 Downtown Salem

28 Federal St Unit 8, Salem, MA

This home is located at 28 Federal St Unit 8, Salem, MA 01970 since 02 May 2013 and is currently estimated at $600,272, approximately $403 per square foot. This property was built in 1980. 28 Federal St Unit 8 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

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MLS Property Information Network (MLS PIN) 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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