M
Seller's Agent in 2015
Merry Fox Team
MerryFox Realty
9 in this area
263 Total Sales
31 Chestnut St Salem, MA 01970
Chestnut Street NeighborhoodEstimated Value: $675,000 - $2,090,000
8
Beds
7
Baths
7,344
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- Deck
- Golf Course Community
- Waterfront
- 4-minute walk to Bunny Puttman Park
About This Home
As of November 2015This breathtaking Federal residence is sited on Chestnut Street reputed to be "The most beautiful street in America." The property has been carefully restored and meticulously renovated with state of the art systems, Buderus high efficiency heating system, radiant heat in kitchen and baths, eight fireplaces, exquisitely designed custom kitchen with top of the line appliances, additional caterers kitchen, butler's pantry, stately formal living room that opens to stunning dining room with hand painted silk wall paper designed for this room, sun drenched family room, master suite with marble bath and dressing room, 8 bedrooms, 4 full and 3 half baths, upstairs library, large private gardens and brick carriage house.This grand residence with its soaring ceilings, fine moldings and appointments, retains its magnificent character throughout. Stroll from 35 Chestnut to the train and Ferry to Boston, museums, restaurants, shopping, cultural events and night life.
Co-Listed By
Betsy Merry
MerryFox Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,866
Year Built
- Built in 1828
Lot Details
- 8,276 Sq Ft Lot
- Waterfront
- Garden
- Property is zoned Res His
Parking
- 2 Car Detached Garage
Home Design
- Antique Architecture
- Brick Exterior Construction
- Stone Foundation
- Slate Roof
Interior Spaces
- 7,344 Sq Ft Home
- Family Room with Fireplace
- 8 Fireplaces
- Living Room with Fireplace
- Home Office
- Library
- Utility Room with Study Area
- Home Gym
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary bedroom located on second floor
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2131622
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Golf Course Community
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2015
Closed on
Nov 6, 2015
Sold by
Wrightson 3Rd William L and Wrightson Laura S
Bought by
Selbst Michael and Williams Bradley
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$1,200,000
Sold Price
$1,200,000
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
$412,904
Avg. Annual Appreciation
3.03%
Original Mortgage
$700,000
Outstanding Balance
$535,368
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,077,536
Purchase Details
Closed on
Nov 30, 2006
Sold by
Korach Francesca and Korach William M
Bought by
Wrightson 3Rd William L and Wrightson Laura S
Purchase Details
Closed on
Apr 1, 1996
Sold by
Burns Christopher and Burns Susan
Bought by
Korach William M and Korach Francesca
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Selbst Michael | $1,170,000 | -- | |
| Wrightson 3Rd William L | $1,075,000 | -- | |
| Korach William M | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Selbst Michael | $700,000 | |
| Previous Owner | Korach William M | $417,000 | |
| Previous Owner | Korach William M | $154,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2015 11/06/15 | Sold | $1,200,000 | 0.0% | $163 / Sq Ft |
| 09/14/2015 09/14/15 | Pending | -- | -- | -- |
| 08/03/2015 08/03/15 | Off Market | $1,200,000 | -- | -- |
| 07/17/2015 07/17/15 | For Sale | $1,200,000 | -- | $163 / 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 | $21,230 | $1,872,100 | $285,100 | $1,587,000 |
| 2024 | $20,613 | $1,773,900 | $272,200 | $1,501,700 |
| 2023 | $20,079 | $1,605,000 | $246,200 | $1,358,800 |
| 2022 | $17,559 | $1,325,200 | $233,300 | $1,091,900 |
| 2021 | $17,853 | $1,293,700 | $233,300 | $1,060,400 |
| 2020 | $18,343 | $1,269,400 | $226,800 | $1,042,600 |
| 2019 | $20,210 | $1,338,400 | $217,700 | $1,120,700 |
| 2018 | $18,195 | $1,183,000 | $207,400 | $975,600 |
| 2017 | $17,639 | $1,112,200 | $194,400 | $917,800 |
| 2016 | $17,276 | $1,102,500 | $184,700 | $917,800 |
| 2015 | $17,866 | $1,088,700 | $184,700 | $904,000 |
Source: Public Records
Agents Affiliated with this Home
-
Merry Fox Team
-
B
Seller Co-Listing Agent in 2015
Betsy Merry
MerryFox Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71875260
APN: SALE-000025-000000-000241
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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