NOT LISTED FOR SALE

40 Winthrop St Unit 3 Salem, MA 01970

Broad Street Neighborhood

Estimated Value: $546,000 - $609,000

3 Beds
2 Baths
1,328 Sq Ft
$175/mo HOA Fee

Last Sold October 18, 2019

Last sale price $370,000 $279 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,908/month

6 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Dryer
  • 1-minute walk to Bunny Puttman Park

About This Home

As of October 2019

STUNNING PENTHOUSE UNIT is not to be missed!! This breath-taking, MODERNLY RENOVATED condo has soaring high ceilings in main entrance/kitchen area and boasts a glistening kitchen (w/wine fridge), gleaming hardwood floors, new custom blinds, full-size in-unit washer/dryer, two updated bathrooms (one of them being a master bath) and extra storage in basement. Enjoy exclusive use of the 2nd floor back porch to relax and enjoy your favorite beverage! No matter the season, you will stay comfortable with the new, efficient, upgraded CENTRAL COOLING AND HEATING system (2018). Located in Salem's historic Mcintire District, this location cannot be beat! Only.5 miles to downtown Salem and all the wonderful shops, restaurants and stores it has to offer, and within a mile of both the Salem Commuter Rail stop and Salem Commons. Or hop on the Salem Ferry to go directly to downtown Boston! All this and only a short drive to several beautiful beaches, this one has it all! DON'T MISS OUT!

Last Agent to Sell the Property

Oren Malka

Coldwell Banker Realty - Newton Listed on: 08/29/2019

Coldwell Banker Realty - Newton

Last Buyer's Agent

Iris Goldman

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 1920

Lot Details

  • 4,356

HOA Fees

  • $175 per month

Kitchen

  • Range Hood
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Utilities

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

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0488 S:803

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,924

Year Built

Built in 1920

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 271.01
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Appliances: Refrigerator - ENERGY STAR, Dryer - ENERGY STAR, Dishwasher - ENERGY STAR, Washer - ENERGY STAR, Vent Hood, Cooktop - ENERGY STAR, Range - ENERGY STAR
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 5
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: C95243
  • Estimated Sq Ft: 1328.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, House of Worship, Marina, Public School, T-Station, University
  • HOA Fees: 175.00
  • Association Fee Includes: Water, Sewer, Snow Removal, Extra Storage
  • Condo Association: Yes

Lot Info

  • Assessments: 371500.00
  • Acre: 0.10
  • Lot Size: 4356.00
  • Parcel Number: M:25 L:0488 S:803
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5610.00
  • Assessor Parcel Number: 5000174

Multi Family

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Badami Nanditha $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $370,000 +2.8% $279 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $359,900 +7.4% $271 / Sq Ft
01/17/2017 01/17/17 Sold $335,000 -1.4% $252 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
10/31/2016 10/31/16 Price Changed $339,900 -2.9% $256 / Sq Ft
10/19/2016 10/19/16 Price Changed $349,900 0.0% $263 / Sq Ft
08/24/2016 08/24/16 For Sale $350,000 -- $264 / 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 $5,924 $522,400 $0 $522,400
2024 $5,772 $496,700 $0 $496,700
2023 $5,579 $446,000 $0 $446,000
2022 $5,410 $408,300 $0 $408,300
2021 $5,324 $385,800 $0 $385,800
2020 $5,926 $410,100 $0 $410,100
2019 $5,610 $371,500 $0 $371,500
2018 $5,072 $329,800 $0 $329,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72556446

MLS Property Information Network (MLS PIN)

APN: 25-0488-803