NOT LISTED FOR SALE

37 Broad St Unit 2 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $807,000 - $925,000

3 Beds
2 Baths
1,752 Sq Ft
$480/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $752,000 $429 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,287/month

4 Days on Market

Highlights

  • Marina
  • Medical Services
  • Open Floorplan
  • Golf Course Community
  • 0.23 Acre Lot
  • 2-minute walk to Bunny Puttman Park

About This Home

As of July 2023

Classic, charming, pristine, and modern accurately describe this McIntire District large Townhouse with private yard and deck. Light and bright, this 3-bedroom, 2-full bath condo is a great single-family alternative. The spacious top-level main bedroom with en suite bath offers the ultimate in privacy. The main level provides 2 additional bedrooms and living room that flows seamlessly into the open concept dining room-kitchen ideal for gatherings. Exclusive-use covered rear deck, sunroom and laundry room/office are additional spaces to enjoy. Central AC, hardwood floors, In-unit laundry plus direct access from unit to exclusive lower level ready for storage, workshop or workout equipment. Bonus: 2-car garage and private yard for gardening, summer activities or relaxation. Close to downtown, commuter rail and all Salem has to offer. Building renovated and converted to pet-friendly condominiums in 2022.

Last Agent to Sell the Property

Kristin Kelly

J. Barrett & Company Listed on: 05/31/2023

Last Buyer's Agent

Pamela Coffin

MerryFox Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,145

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • Fenced

HOA Fees

  • $174 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 1,752 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Bay Window
  • French Doors
  • Entryway
  • Sun or Florida Room
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5195619

Community Details

Overview

  • Association fees include water, sewer, insurance, reserve funds
  • 2 Units
  • 37 Broad Street Condominium Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,145

Year Built

Built in 1925 | Remodeled

Lot Details

0

HOA Fees

$174 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1925
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Hardwood, Flooring - Hardwood, Flooring - Wood
  • Interior Amenities: Sun Room, Entry Hall
  • Door Features: French Doors
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Room Bedroom3 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Vaulted Ceiling(s), Closet, Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, Double Vanity, Recessed Lighting, Remodeled
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Recessed Lighting, Lighting - Sconce
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled, Lighting - Sconce
  • Room Dining Room Features: Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant
  • Laundry Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, First Floor, In Unit, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting, Remodeled
  • Basement: Y
  • Living Area: 1752
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Window(s) - Bay/Bow/Box
  • MAIN LO: C95243
  • MAIN SO: C95279

Exterior Features

  • Exterior Features: Storage, Other
  • Fencing: Fenced
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Roof, Deck - Wood
  • Roof: Shingle
  • Waterfront Features: Beach Front, Unknown To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Detached, Off Street, Assigned, Deeded

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 173.76
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Reserve Funds

Lot Info

  • Parcel Number: 5195619
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10141
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5145

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 6, 2022
Sold by
Freeman Builders Llc
Bought by
Melodia Elizabeth J
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Kristin Kelly
J. Barrett & Company
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Current Estimated Value
$841,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,093
Avg. Annual Appreciation
3.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melodia Elizabeth J $750,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2023 07/12/23 Sold $752,000 +0.3% $429 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $749,999 0.0% $428 / Sq Ft
07/07/2022 07/07/22 Sold $750,000 +7.3% $417 / Sq Ft View Prior Sale
06/22/2022 06/22/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $699,000 -- $388 / 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 $8,423 $742,800 $0 $742,800
2024 $8,262 $711,000 $0 $711,000
2023 $5,145 $411,300 $0 $411,300
Source: Public Records

Agents Affiliated with this Home

  • Kristin Kelly

    Seller's Agent in 2023

    Kristin Kelly

    J. Barrett & Company

    (978) 973-6280

    2 in this area

    61 Total Sales

    Kristin Kelly
    Section Image

  • P

    Buyer's Agent in 2023

    Pamela Coffin

    MerryFox Realty

    4 in this area

    10 Total Sales

    Pamela Coffin
    Section Image
  • Peter Lutts

    Seller Co-Listing Agent in 2022

    Peter Lutts

    Herrick Lutts Realty Partners

    (978) 979-1275

    2 in this area

    19 Total Sales

    Peter Lutts
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73117627

MLS Property Information Network (MLS PIN)

APN: SALE M:25 L:0313 S:802

Massachusetts Essex County Salem 01970 Downtown Salem

37 Broad St Unit 2, Salem, MA

Not Listed for Sale

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