Seller's Agent in 2024
Michael Selbst
Gibson Sotheby's International Realty
(617) 504-9159
24 in this area
70 Total Sales
324-328 Essex St Unit 2 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $897,000 - $1,021,000
2
Beds
2.5
Baths
1,946
Sq Ft
$493/Sq Ft
Est. Value
Highlights
- Marina
- 0.54 Acre Lot
- Marble Flooring
- Medical Services
- Property is near public transit
- 1 Fireplace
About This Home
As of September 2024Grand 2 BR 2 1⁄2 bath duplex located in the historic 1818 Loring-Emmerton House in Salem’s McIntire District. This mansion, elegantly subdivided into 4 condos, gets its name from the diplomat & statesman, George P Loring and the great philanthropist & preservationist Caroline Emmerton, under whose leadership the House of Seven Gables museum was established. Large & beautifully proportioned rooms with windows running the length of the front facade on two floors, suffusing the space with abundant natural light. On the living level, the sense of tradition remains with all the fabulous detail intact, but interpreted in a modern way with a house-scaled kitchen and an open flow across the whole floor. Upstairs are 2 large bedrooms, each with its own spa-like bath, & conveniently located laundry. Above is a real bonus, a skylight lit finished attic which could be an office or a studio/art space. 2 car parking , lovely shared outdoor space, and moments to downtown Salem and the train station.
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 07/16/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $9,011
Year Built
- Built in 1818
Lot Details
- 0.54
HOA Fees
- $628 Monthly HOA Fees
Parking
- 2 Car Parking Spaces
Home Design
- Entry on the 2nd floor
Interior Spaces
- 1,946 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Basement
Kitchen
- Range
- Freezer
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Heating Zone
- Heating System Uses Natural Gas
- 110 Volts
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number M:26 L:0521 S:802
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 5 Units
- Loring Emmerton Community
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Security
- Storm Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2024
Closed on
Sep 16, 2024
Sold by
328 Essex St Unit 2 Salem
Bought by
V L Epler-Thompson Lt and E-Thompson
Seller's Agent
Michael Selbst
Gibson Sotheby's International Realty
Buyer's Agent
Michael Selbst
Gibson Sotheby's International Realty
List Price
$985,000
Sold Price
$985,000
Views
39
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
-$24,809
Avg. Annual Appreciation
-2.07%
Purchase Details
Closed on
Nov 21, 2018
Sold by
Henkind Denise
Bought by
328 Essex Street 2 Llc
Purchase Details
Closed on
Aug 31, 2018
Sold by
Mandracchia John D and Mandracchia Michelle L
Bought by
Henkind Denise
Purchase Details
Listed on
Jul 15, 2016
Closed on
Nov 9, 2016
Sold by
Rosenfeld Linda and Rosenfeld Harvey
Bought by
Mandracchia John D and Mandracchia Michelle L
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$547,000
Sold Price
$537,000
Premium/Discount to List
-$10,000
-1.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Purchase Details
Listed on
Jun 20, 2012
Closed on
Sep 21, 2012
Sold by
Hess Karen K and Gavenda Laurie K
Bought by
Rosenfeld Linda and Rosenfeld Harvey
Seller's Agent
Jane Fields
RE/MAX Beacon
Buyer's Agent
Judith Toner
The Proper Nest Real Estate
List Price
$565,000
Sold Price
$528,333
Premium/Discount to List
-$36,667
-6.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%
Original Mortgage
$150,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2005
Sold by
Overlook Salem Llc
Bought by
Hess Karen K
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 |
|---|---|---|---|
| V L Epler-Thompson Lt | $985,000 | None Available | |
| V L Epler-Thompson Lt | $985,000 | None Available | |
| 328 Essex Street 2 Llc | -- | -- | |
| 328 Essex Street 2 Llc | -- | -- | |
| 328 Essex Street 2 Llc | -- | -- | |
| Henkind Denise | $690,000 | -- | |
| Henkind Denise | $690,000 | -- | |
| Henkind Denise | $690,000 | -- | |
| Mandracchia John D | $537,000 | -- | |
| Rosenfeld Linda | $528,333 | -- | |
| Hess Karen K | $585,000 | -- | |
| Hess Karen K | $585,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hess Karen K | $150,000 | |
| Previous Owner | Hess Karen K | $403,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2024 09/18/24 | Sold | $985,000 | 0.0% | $506 / Sq Ft | |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- | |
| 07/16/2024 07/16/24 | For Sale | $985,000 | +83.4% | $506 / Sq Ft | |
| 11/10/2016 11/10/16 | Sold | $537,000 | -1.8% | $265 / Sq Ft | View Prior Sale |
| 09/21/2016 09/21/16 | Pending | -- | -- | -- | |
| 07/15/2016 07/15/16 | For Sale | $547,000 | +3.5% | $270 / Sq Ft | |
| 09/21/2012 09/21/12 | Sold | $528,333 | -6.5% | $293 / Sq Ft | View Prior Sale |
| 09/17/2012 09/17/12 | Pending | -- | -- | -- | |
| 06/20/2012 06/20/12 | For Sale | $565,000 | -- | $313 / 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 | $9,180 | $809,500 | $0 | $809,500 |
| 2024 | $9,011 | $775,500 | $0 | $775,500 |
| 2023 | $9,149 | $731,300 | $0 | $731,300 |
| 2022 | $8,785 | $663,000 | $0 | $663,000 |
| 2021 | $8,715 | $631,500 | $0 | $631,500 |
| 2020 | $9,387 | $649,600 | $0 | $649,600 |
| 2019 | $8,834 | $585,000 | $0 | $585,000 |
| 2018 | $8,696 | $565,400 | $0 | $565,400 |
| 2017 | $8,853 | $558,200 | $0 | $558,200 |
| 2016 | $8,288 | $528,900 | $0 | $528,900 |
| 2015 | $8,389 | $511,200 | $0 | $511,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Selbst
-
Merry Fox Team
M
Seller's Agent in 2016
Merry Fox Team
MerryFox Realty
87 in this area
265 Total Sales
-
Jane Fields
J
Seller's Agent in 2012
Jane Fields
RE/MAX
(781) 696-1000
11 Total Sales
-
Judith Toner
J
Buyer's Agent in 2012
Judith Toner
The Proper Nest Real Estate
(781) 704-6592
61 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73265514
APN: SALE-000026-000000-000521-000802-000802
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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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