NOT LISTED FOR SALE

40 Winthrop St Unit 2 Salem, MA 01970

Broad Street Neighborhood

Estimated Value: $652,000 - $683,000

3 Beds
2 Baths
1,490 Sq Ft
4,356 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $454,000 $305 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,111/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Bunny Puttman Park

About This Home

As of April 2018

First showings at Open House Saturday, Feb 24th, 2018 from 12-1:30. Beautifully renovated 6 room 3 bed 2 bath second-floor condo in downtown Salem. Tons of original, gorgeous details remain while being able to enjoy today's modern conveniences from a recent renovation. Big eat-in kitchen featuring new: White Shaker cabinets, granite counters, Stainless Steel appliances, wine fridge, 5 burner gas cooking, pendant and LED recessed lighting, Kitchen breakfast bar opens up to formal dining room, Laundry in unit, Large bright rooms with high ceilings, 2 new tiled baths. Jack and Jill bath feature double vanity sink. Ornate moldings, 2-panel doors, refinished hardwood floors throughout. subway tile, New: Plumbing, electric, High efficiency gas heating with central AC, Roof, paint throughout. replacement windows throughout. Exclusive use deck and shared patio, fenced yard, Pet Friendly, 1 Garage and 1 driveway parking. Close to the train. Don't miss out!

Last Agent to Sell the Property

Jon Growitz

Realty One Group Nest Listed on: 02/22/2018

Realty One Group Nest

Last Buyer's Agent

Paula DAngelo-Pickett

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1920

Lot Details

  • 4,356

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0488 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,835

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Attached
  • Other Agent: 2.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 301.95
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 11X19, Bathroom - Full, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 12X13, Bathroom - Full, Flooring - Hardwood, Remodeled
  • Bedroom 3: On Level: Second Floor, Dimension: 13X13, Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Dimension: 8X7, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Dimension: 6X9, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 6
  • Dining Room: On Level: Second Floor, Dimension: 13X12, Flooring - Hardwood
  • Kitchen: On Level: Second Floor, Dimension: 12X20, Closet, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Electric, Recessed Lighting, Remodeled, Washer Hookup, Wine Chiller
  • Laundry: On Level: Second Floor
  • Living Room: On Level: Second Floor, Dimension: 12X15, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Balcony - Exterior, Open Floor Plan
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95039
  • Main So: K95001
  • Estimated Sq Ft: 1490.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Insulation Feature: Full
  • Exterior Unit Features: Porch, Deck - Wood, Balcony

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts
  • Sewage District: Salem
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
  • HOA Fees: 185.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 390800.00
  • Acre: 0.10
  • Lot Size: 4541.00
  • Page: 215
  • Parcel Number: M:25 L:0488 S:802
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 6011.00
  • Assessor Parcel Number: 5000174

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 1, 2018
Sold by
Investme Becker Potter
Bought by
Potter Devin
Seller's Agent
Jon Growitz
Realty One Group Nest
Buyer's Agent
Paula DAngelo-Pickett
Coldwell Banker Realty - Marblehead
List Price
$449,900
Sold Price
$454,000
Premium/Discount to List
$4,100
0.91%
Current Estimated Value
$667,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,785
Avg. Annual Appreciation
5.31%
Original Mortgage
$220,000
Outstanding Balance
$189,602
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$478,183

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 30, 2018
Sold by
Potter Devin
Bought by
Smoller Sara
Seller's Agent
Jon Growitz
Realty One Group Nest
Buyer's Agent
Paula DAngelo-Pickett
Coldwell Banker Realty - Marblehead
List Price
$449,900
Sold Price
$454,000
Premium/Discount to List
$4,100
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$189,602
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$478,183
Source: Public Records

Range of Values:

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Average Value
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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
Potter Devin -- --
Smoller Sara $454,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smoller Sara $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2018 04/30/18 Sold $454,000 +0.9% $305 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $449,900 +11.1% $302 / Sq Ft
08/12/2016 08/12/16 Sold $405,000 +1.5% $270 / Sq Ft View Prior Sale
07/09/2016 07/09/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $399,000 -- $266 / 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 $6,835 $602,700 $0 $602,700
2024 $6,788 $584,200 $0 $584,200
2023 $6,577 $525,700 $0 $525,700
2022 $6,357 $479,800 $0 $479,800
2021 $6,258 $453,500 $0 $453,500
2020 $7,015 $485,500 $0 $485,500
2019 $6,655 $440,700 $0 $440,700
2018 $6,011 $390,800 $0 $390,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72284624

MLS Property Information Network (MLS PIN)

APN: 25-0488-802