NOT LISTED FOR SALE

31 Washington Square Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $643,000 - $772,901

2 Beds
2 Baths
1,507 Sq Ft
7,405 Sq Ft Lot

Last Sold July 20, 2017

Last sale price $540,000 $358 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,614/month

5 Days on Market

About This Home

As of July 2017

Exceptional 1811 Federal Style Brick home overlooking the Historic Salem Common. This recently renovated condo is perfectly located for a stroll to the train station, ferry, shops, restaurants, museums and everything Salem has to offer. Two bedrooms 1 1/2 bathrooms. Hardwood floors throughout to match the remarkable moldings and architecture throughout the entire property. Three gorgeous marble fire places, two off street parking spaces, in unit laundry and more! Make an appointment to see it today!

Last Agent to Sell the Property

Michael Shea

Shea Real Estate Listed on: 06/08/2017

Last Buyer's Agent

Michael Shea

Shea Real Estate Listed on: 06/08/2017

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,267

Year Built

1811

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1811

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Marina, Private School, T-Station, University
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Fireplace, Flooring - Hardwood
  • Dining Room: Second Floor
  • Family Room: Second Floor
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: C95279
  • Main So: C95279

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Beach Ownership: Public

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Owner Association
  • No Units: 4
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Middle School: Collins
  • High School: Salem High Scho

Lot Info

  • Zoning: R2
  • Acre: 0.17
  • Lot Size: 7500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 20, 2017
Sold by
31 Washington Sq N Llc
Bought by
Hamel Richard M and Oliveira Victor T
Seller's Agent
Michael Shea
Shea Real Estate
Buyer's Agent
Michael Shea
Shea Real Estate
List Price
$529,900
Sold Price
$540,000
Premium/Discount to List
$10,100
1.91%
Current Estimated Value
$720,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,475
Avg. Annual Appreciation
3.33%
Original Mortgage
$240,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Hamel Richard M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamel Richard M $221,500
Closed Hamel Richard M $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $540,000 +1.9% $358 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $529,900 0.0% $352 / Sq Ft
10/02/2014 10/02/14 Rented $2,000 0.0% --
09/02/2014 09/02/14 Under Contract -- -- --
08/12/2014 08/12/14 For Rent $2,000 -- --
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 $8,267 $729,000 $0 $729,000
2024 $8,201 $705,800 $0 $705,800
2023 $8,170 $653,100 $0 $653,100
2022 $7,814 $589,700 $0 $589,700
2021 $8,138 $589,700 $0 $589,700
2020 $7,913 $547,600 $0 $547,600
2019 $7,870 $521,200 $0 $521,200
2018 $6,915 $449,600 $0 $449,600
2017 $6,688 $421,700 $0 $421,700
2016 $6,512 $415,600 $0 $415,600
2015 $6,572 $400,500 $0 $400,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72178838

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000109-000802-000802