Seller's Agent in 2020
Michael Selbst
Gibson Sotheby's International Realty
(617) 504-9159
12 in this area
66 Total Sales
38 Chestnut St Salem, MA 01970
Chestnut Street NeighborhoodEstimated Value: $1,918,000 - $2,144,000
6
Beds
4
Baths
6,113
Sq Ft
3,920
Sq Ft Lot
Highlights
- Deck
- Attic
- 5-minute walk to Bunny Puttman Park
- Wood Flooring
- Forced Air Heating and Cooling System
About This Home
As of April 2020Turning on to Chestnut Street takes your breath away! This boulevard contains one of the finest collections of grand 19th century homes in the country. 38 Chestnut St is a high-style townhouse an airy floor plan that lends itself to modern living. A stately portico leads to a large entrance hall w/a sweeping staircase. Spacious LR boasts 2 fireplaces & floor-to-ceiling windows. The sunny DR adds a 3rd fireplace. The kitchen, mudroom, & bar have custom cabinets w/loads of clever storage & work areas; wall of French doors leads to deck & back yard. On the 2nd floor are 3 large BRs, full bath & bright family room w/corner windows offering delightful views of Chestnut St. The 3rd floor offers 2-3 more BRs & a full bath. The crisp attic contains another full bath. Living on Chestnut St offers something rare: a tight-knit community with regular socials, a private park, and a real sense of belonging. Minutes to restaurants, shops, The PEM, & the train station---27 minutes to Boston!
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 03/07/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22,373
Year Built
- Built in 1845
Lot Details
- 3,920
Home Design
- Plaster Walls
Interior Spaces
- Sheet Rock Walls or Ceilings
- Wood Flooring
- Attic
- Basement
Kitchen
- Range
- Freezer
- Dishwasher
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
Additional Features
- Deck
- Year Round Access
Listing and Financial Details
- Assessor Parcel Number M:25 L:0220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2023
Sold by
38 Chestnut St Salem Rt and Henkind
Bought by
Henkind Denise
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$977,129
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$890,200
Purchase Details
Listed on
Mar 7, 2020
Closed on
Apr 2, 2020
Sold by
Cutler Donald R
Bought by
38 Chestnut Street Rt
Seller's Agent
Michael Selbst
Gibson Sotheby's International Realty
Buyer's Agent
Ted Richard
J. Barrett & Company
List Price
$1,295,000
Sold Price
$1,265,000
Premium/Discount to List
-$30,000
-2.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Purchase Details
Closed on
Sep 17, 2003
Sold by
Hartford Pamela
Bought by
Cutler Donald R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 15, 1995
Sold by
Scagliotti Roebrt and Scagliotti Nackey
Bought by
Cutler Donald R and Hartford Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Henkind Denise | -- | None Available | |
| Henkind Denise | -- | None Available | |
| 38 Chestnut Street Rt | $1,265,000 | None Available | |
| Cutler Donald R | $55,400 | -- | |
| Cutler Donald R | $355,000 | -- | |
| Cutler Donald R | $55,400 | -- | |
| Cutler Donald R | $355,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Henkind Denise | $1,000,000 | |
| Previous Owner | Cutler Donald R | $217,600 | |
| Previous Owner | Cutler Donald R | $30,000 | |
| Previous Owner | Cutler Donald R | $300,000 | |
| Previous Owner | Cutler Donald R | $203,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2020 04/15/20 | Sold | $1,265,000 | -2.3% | $207 / Sq Ft |
| 03/08/2020 03/08/20 | Pending | -- | -- | -- |
| 03/07/2020 03/07/20 | For Sale | $1,295,000 | -- | $212 / 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 | $22,373 | $1,972,900 | $256,400 | $1,716,500 |
| 2024 | $21,740 | $1,870,900 | $244,800 | $1,626,100 |
| 2023 | $22,126 | $1,768,700 | $221,500 | $1,547,200 |
| 2022 | $18,637 | $1,406,600 | $209,800 | $1,196,800 |
| 2021 | $15,906 | $1,152,600 | $209,800 | $942,800 |
| 2020 | $14,398 | $996,400 | $204,000 | $792,400 |
| 2019 | $13,884 | $919,500 | $195,800 | $723,700 |
| 2018 | $12,459 | $810,100 | $186,500 | $623,600 |
| 2017 | $12,082 | $761,800 | $174,800 | $587,000 |
| 2016 | $11,801 | $753,100 | $166,100 | $587,000 |
| 2015 | $12,951 | $789,200 | $166,100 | $623,100 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Selbst
-
Ted Richard
Buyer's Agent in 2020
Ted Richard
J. Barrett & Company
(978) 921-1117
3 in this area
64 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72629785
APN: SALE-000025-000000-000220
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