NOT LISTED FOR SALE

33 Forrester St Unit 1 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $532,299 - $550,000

2 Beds
1 Bath
1,254 Sq Ft
$225/mo HOA Fee

Last Sold August 23, 2023

Last sale price $510,000 $407 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,676/month

5 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Stainless Steel Appliances
  • Medical Services
  • Wood Flooring
  • 4-minute walk to Salem Common

About This Home

As of August 2023

Charm and Character Define this Spacious First Floor, One-Level Condo located off Salem Common. Enjoy a lovely outdoor porch, hardwood flooring, 9 ft ceilings, and a stunning stained glass window that graces your private entrance. Features include a roomy kitchen, a formal dining area for entertaining, a light and airy living room, 2 large bedrooms and plenty of space for home offices. Stay cool with a newer split ductless cooling system. Off street parking and extra storage. This is an excellent location just blocks to all things Salem including the historic downtown, fine dining, shopping, Collin’s Cove, area marinas, the Salem waterfront, and the Peabody Essex Museum. Just a short walk to the train to Boston and the Salem Ferry.

Last Listed By

Team Curtin - Tim And Jody

Leading Edge Real Estate Listed on: 07/12/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 1900

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2136924

Community Details

Overview

  • Association fees include water, sewer, insurance, snow removal, trash, reserve funds
  • 3 Units
  • 33 35 Forrester Street Condominium Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Marina
  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,951

Year Built

Built in 1900

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Hardwood
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: First
  • Room Dining Room Features: Ceiling Fan(s), Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Stainless Steel Appliances
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood
  • Basement: Y
  • Living Area: 1254
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 381.98
  • PRICE PER Sq Ft: 406.7
  • MAIN SO: NB3534

Exterior Features

  • Exterior Features: Porch, Rain Gutters
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Deeded, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 2136924
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 416
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4951
  • Tax Book Number: 37946

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 23, 2023
Sold by
Beals Keenan and Larson Karen
Bought by
Gifford Cady A and Petrosyan Mikheil
Seller's Agent
Team Curtin - Tim And Jody
Leading Edge Real Estate
Buyer's Agent
Emmanuel Paul
Redfin Corp.
List Price
$479,000
Sold Price
$510,000
Premium/Discount to List
$31,000
6.47%
Total Days on Market
5
Views
110
Current Estimated Value
$540,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,325
Avg. Annual Appreciation
2.75%
Original Mortgage
$408,000
Outstanding Balance
$401,624
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,156

Purchase Details

Closed on
Jan 30, 1992
Sold by
Harper Susan D and Harper Robert C
Bought by
Costello Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.44%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Gifford Cady A $510,000 None Available
Gifford Cady A $510,000 None Available
Costello Mary $120,000 --
Costello Mary $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gifford Cady A $408,000
Closed Gifford Cady A $408,000
Previous Owner Beals Keenan $332,000
Previous Owner Beals Keenan $1
Previous Owner Costello Mary $100,000
Previous Owner Costello Mary $72,000
Previous Owner Costello Mary $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $510,000 +6.5% $407 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $479,000 +44.3% $382 / Sq Ft
10/18/2019 10/18/19 Sold $332,000 -2.1% $265 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/18/2019 08/18/19 Price Changed $339,000 -2.9% $270 / Sq Ft
08/17/2019 08/17/19 For Sale $349,000 0.0% $278 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $349,000 -5.4% $278 / Sq Ft
07/17/2019 07/17/19 For Sale $369,000 -- $294 / 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 $5,286 $466,100 $0 $466,100
2024 $5,021 $432,100 $0 $432,100
2023 $4,951 $395,800 $0 $395,800
2022 $4,789 $361,400 $0 $361,400
2021 $4,713 $341,500 $0 $341,500
2020 $4,758 $329,300 $0 $329,300
2019 $4,512 $298,800 $0 $298,800
2018 $4,182 $271,900 $0 $271,900
2017 $4,097 $258,300 $0 $258,300
2016 $3,875 $247,300 $0 $247,300
2015 $3,879 $236,400 $0 $236,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73135139

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000454-000801-000801