NOT LISTED FOR SALE

41 Washington Square Unit 1 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $750,000 - $891,000

3 Beds
2 Baths
1,868 Sq Ft
$435/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $780,000 $418 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,329/month

13 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • 0.22 Acre Lot
  • 2-minute walk to Salem Common

About This Home

As of September 2022

Grand parlor duplex on the Salem Common! Unusual offering of a home containing the principal rooms of an exceptionally wide 1826 Federal townhouse, offering gracious house-like living. Fine period detail throughout, including working interior shutters, paired china cabinets, hand carved rosettes, chair rails & gracious high-style federal mantels. Rare floor-to-ceiling triple sash windows provide a delightful view of the historic Salem Common. Eat-in kitchen with great storage, stone countertops, and gas cooking leads exclusive use porch with easy access to the lovely grounds. Two bedrooms and a full bath on the main level, and on the 2nd floor, a sun-drenched main bedroom with an en-suite bath. Working fireplaces in the LR, DR, and the main bedroom. Storage room in the basement as well as in the attic above the main bedroom. And what a delight to walk the Common to get to the waterfront, the restaurants and shops in downtown Salem and to the train station! City living at its finest!

Last Agent to Sell the Property

Michael Selbst

Gibson Sotheby's International Realty Listed on: 07/12/2022

Last Buyer's Agent

Arthur Thompson

Aluxety

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,532

Year Built

  • Built in 1850

Lot Details

  • 9,670 Sq Ft Lot
  • Near Conservation Area

HOA Fees

  • $331 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,868 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0073 S:803

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, snow removal
  • 5 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,532

Year Built

Built in 1850

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1850
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Certified Historic
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Entry Location: Unit Placement(Street)
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer, Electric Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Basement: Y
  • Living Area: 1868
  • Stories Total: 2
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 428.27
  • PRICE PER Sq Ft: 417.56
  • MAIN SO: AN1532

Exterior Features

  • Construction Materials: Brick
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 331.2
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:35 L:0073 S:803
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9670
  • Lot Size Units: Acres
  • PAGE: 372
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6532
  • Tax Book Number: 35992

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 13, 2022
Sold by
Jane Bolles Strong T and Jane Bolles-Strong
Bought by
Reese Timothy E
Seller's Agent
Michael Selbst
Gibson Sotheby's International Realty
Buyer's Agent
Arthur Thompson
Aluxety
List Price
$800,000
Sold Price
$780,000
Premium/Discount to List
-$20,000
-2.5%
Current Estimated Value
$812,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,147
Avg. Annual Appreciation
-0.62%
Original Mortgage
$150,000
Outstanding Balance
$143,361
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$622,323

Purchase Details

Closed on
Dec 10, 2019
Sold by
May Jane S
Bought by
Jane Bolles Strong T

Purchase Details

Closed on
Jun 30, 2017
Sold by
Scholten Robert D and Merchant Ali A
Bought by
May Jane S

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 8, 2015
Sold by
Gaston Diana
Bought by
Scholten Robert D and Merchant Ali A
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Melissa Silva
RE/MAX Beacon
List Price
$419,000
Sold Price
$410,000
Premium/Discount to List
-$9,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$307,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2013
Sold by
Vanhuizen Gordon and Gaston Diana
Bought by
Gaston Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Relocation Prudential
Bought by
Vanhuizen Gordon and Gaston Diana

Purchase Details

Closed on
Aug 2, 2005
Sold by
Stifler Keiko M and Stifler Timothy C
Bought by
Relocation Prudential

Purchase Details

Closed on
Jun 17, 2004
Sold by
Lomasney David F
Bought by
Stifler Timothy C and Stifler Keiko M
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
Reese Timothy E $780,000 None Available
Reese Timothy E $780,000 None Available
Jane Bolles Strong T -- None Available
May Jane S $460,000 --
May Jane S $460,000 --
Scholten Robert D $410,000 --
Gaston Diana -- --
Gaston Diana -- --
Vanhuizen Gordon $490,000 --
Vanhuizen Gordon $490,000 --
Relocation Prudential $490,000 --
Prudential Relocation $490,000 --
Stifler Timothy C $475,000 --
Stifler Timothy C $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Timothy E $150,000
Closed Reese Timothy E $150,000
Previous Owner Jane Bolles Strong T $268,500
Previous Owner May Jane S $275,000
Previous Owner Scholten Robert D $307,500
Previous Owner Stifler Timothy C $354,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $780,000 -2.5% $418 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $800,000 +95.1% $428 / Sq Ft
06/08/2015 06/08/15 Sold $410,000 0.0% $284 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
03/26/2015 03/26/15 Off Market $410,000 -- --
03/20/2015 03/20/15 For Sale $419,000 -- $290 / 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 $8,511 $750,500 $0 $750,500
2024 $8,323 $716,300 $0 $716,300
2023 $6,536 $522,500 $0 $522,500
2022 $6,532 $493,000 $0 $493,000
2021 $6,480 $469,600 $0 $469,600
2020 $6,325 $437,700 $0 $437,700
2019 $6,357 $421,000 $0 $421,000
2018 $6,507 $423,100 $0 $423,100
2017 $6,220 $392,200 $0 $392,200
2016 $5,721 $365,100 $0 $365,100
2015 $5,694 $347,000 $0 $347,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73010495

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000073-000803-000803