NOT LISTED FOR SALE

36 Forrester St Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $548,000 - $566,000

3 Beds
1 Bath
1,314 Sq Ft
2,178 Sq Ft Lot

Last Sold September 15, 2020

Last sale price $395,000 $301 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,568/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 4-minute walk to Swiniuch Park

About This Home

As of September 2020

You will fall in love w/ this beautiful 2+ bedroom condo in Historical Downtown Salem right down the street from Salem Common. Light shines in from every window of this sunny, ultra-spacious condo on one of Salem's great streets, just 5 minutes from the Common, Collins Cove, downtown and train. Open floor plan w/ bay windows throughout. Rooms are large w/ gleaming hardwood floors & high ceilings. Spacious family room or home office (officially a bedroom w/ large closet), living room & dining room w/ built in hutch. Good sized master bedroom w/ two closets. The sun-filled, eat-in kitchen has a great pantry. In-unit washer & dryer in your laundry room. A neat 8' x 8' deck for relaxing. Short distance to downtown, garages, Peabody Essex Museum & Salem harbor. This is an extremely well kept & well-maintained building, both of the remaining 2 units are owner occupied, & a very healthy association account. Ample on street parking. Showings Friday 8/7 10-1 Sat. 8/8 10-1. Offers by 4pm 8/8.

Last Listed By

Steven White

William Raveis R.E. & Home Services Listed on: 08/06/2020

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1900

Lot Details

  • 2,178

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number 41-0199-802

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,682

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Detached, 2/3 Family
  • Other Agent: 2.00
  • Restrictions: Smoking - In Units
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 300.61
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 15X12, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Bedroom 2: On Level: Second Floor, Dimension: 12X11, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Dimension: 8X5, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
  • No Rooms: 8
  • Dining Room: On Level: Second Floor, Dimension: 15X11, Flooring - Hardwood
  • Family Room: On Level: Second Floor, Dimension: 14X14, Flooring - Hardwood
  • Kitchen: On Level: Second Floor, Dimension: 13X13, Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid
  • Laundry: On Level: Second Floor, Dimension: 8X7, Dryer Hookup - Electric
  • Living Room: On Level: Second Floor, Dimension: 12X11, Flooring - Hardwood
  • Basement: Y
  • Other Room 1: Name: Other, On Level: Second Floor, Dimension: 4X4, Pantry
  • Other Room 2: Name: Foyer, On Level: Second Floor, Dimension: 18X12, Flooring - Hardwood
  • No Living Levels: 1
  • Main Lo: M59500
  • Main So: BB5522
  • Estimated Sq Ft: 1314.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Wood, Aluminum
  • Insulation Feature: Full, Blown In, Cellulose - Fiber
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Feature: On Street Without Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC
  • Heating: Central Heat, Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 250.00
  • Association Fee Includes: Master Insurance, Landscaping, Extra Storage, Flood Insurance
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: We 36 Forrester Street Condominium

Fee Information

  • Opt Fee Includes: Water, Sewer, Exterior Maintenance, Extra Storage, Reserve Funds

Schools

  • Elementary School: Public
  • Middle School: Public
  • High School: public

Lot Info

  • Assessments: 349900.00
  • Lot: 802
  • Acre: 0.05
  • Lot Size: 2368.00
  • Page: 3
  • Parcel Number: 41-0199-802
  • Zoning: R2
  • Master Book: 19961
  • Master Page: 103

Green Features

  • Energy Features: Storm Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5056.05
  • Assessor Parcel Number: 4373241

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 26, 2020
Sold by
Cj 36 Forrester Llc
Bought by
Church Craig and Church Jewel
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
Christina DiNardi
Keller Williams Realty Boston-Metro | Back Bay
List Price
$395,000
Sold Price
$395,000
Total Days on Market
6
Current Estimated Value
$555,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,423
Avg. Annual Appreciation
7.57%

Purchase Details

Listed on
Aug 6, 2020
Closed on
Aug 14, 2020
Sold by
Lennon Molly K
Bought by
Cj 36 Forrester Llc
Seller's Agent
Steven White
William Raveis R.E. & Home Services
Buyer's Agent
Christina DiNardi
Keller Williams Realty Boston-Metro | Back Bay
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,386
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 6, 2015
Sold by
Barboza Jonathan and Barboza Alyson
Bought by
Mayekiso Molly K
Seller's Agent
Sylvia Belkin
Conway - Swampscott
Buyer's Agent
Steven White
William Raveis R.E. & Home Services
List Price
$274,999
Sold Price
$274,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$261,249
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2012
Closed on
Jun 5, 2013
Sold by
Segal Adam
Bought by
Barboza Jonathan
Seller's Agent
Deanna Pierpan
Coldwell Banker Realty - Beverly
Buyer's Agent
Diane King
Byron Realty, Corp.
List Price
$246,750
Sold Price
$240,000
Premium/Discount to List
-$6,750
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$192,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Orsett Res 2 Llc
Bought by
Segal Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.46%
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
Church Craig -- None Available
Cj 36 Forrester Llc $395,000 None Available
Mayekiso Molly K $274,999 --
Barboza Jonathan $240,000 --
Segal Adam $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Church Craig $246,000
Closed Church Craig $237,000
Previous Owner Cj 36 Forrester Llc $403,386
Previous Owner Mayekiso Molly K $261,249
Previous Owner Segal Adam $192,000
Previous Owner Segal Adam $24,000
Previous Owner Segal Adam $198,000
Previous Owner Segal Adam $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $395,000 0.0% $301 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $395,000 +43.6% $301 / Sq Ft
10/06/2015 10/06/15 Sold $274,999 0.0% $209 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
08/10/2015 08/10/15 Off Market $274,999 -- --
08/03/2015 08/03/15 For Sale $274,999 +14.6% $209 / Sq Ft
06/05/2013 06/05/13 Sold $240,000 -2.7% $183 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
04/27/2013 04/27/13 For Sale $246,750 0.0% $188 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
02/25/2013 02/25/13 Price Changed $246,750 -3.9% $188 / Sq Ft
01/22/2013 01/22/13 Price Changed $256,750 -0.3% $195 / Sq Ft
11/26/2012 11/26/12 Price Changed $257,500 -2.8% $196 / Sq Ft
10/16/2012 10/16/12 For Sale $265,000 -- $202 / 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 $5,682 $501,100 $0 $501,100
2024 $5,571 $479,400 $0 $479,400
2023 $5,412 $432,600 $0 $432,600
2022 $5,251 $396,300 $0 $396,300
2021 $5,167 $374,400 $0 $374,400
2020 $5,056 $349,900 $0 $349,900
2019 $4,797 $317,700 $0 $317,700
2018 $4,451 $289,400 $0 $289,400
2017 $4,363 $275,100 $0 $275,100
2016 $4,127 $263,400 $0 $263,400
2015 $4,132 $251,800 $0 $251,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72705582

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000199-000802-000802