NOT LISTED FOR SALE

41 Washington Square Unit One Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $651,000 - $825,659

2 Beds
2 Baths
1,446 Sq Ft
9,670 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $460,000 $318 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,819/month

6 Days on Market

About This Home

As of June 2017

Historic Federal-style residence directly on the Salem Common. Remarkable views of the park from distinguished floor-to-ceiling French windows with decorative cast-iron balcony. Period details throughout, with high ceilings, elegant and intricately carved wood moldings, incredibly preserved internal wood shutters and well maintained hardwood floors. There are 3 fireplaces and two formal built-in china cabinets. Within this classic home is an updated eat-in kitchen with stone counters and Jenn-Air stainless appliances. The entire second floor features a generous size master suite with fireplace and master bath. Enjoy exclusive ownership of the enclosed sunroom overlooking serene greenery and Salem Common. This stately home is in an exceptional location; ideal quiet corner unit, overlooking trees and gardens. Walk to everything, ten steps to the Common and just minutes to the waterfront, commuter rail and all of downtown's shops and restaurants.

Last Listed By

Mark Wade

Coldwell Banker Realty - Marblehead Listed on: 04/15/2017

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,511

Year Built

1826

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End, Corner, Walkout
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1826

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, T-Station, University
  • Electric: 110 Volts, 220 Volts
  • Energy: Storm Windows
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 18X9
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 29X9
  • Laundry Room: Basement
  • Living Room: First Floor, 17X17
  • Master Bedroom: Second Floor, 20X15
  • Master Bedroom Description: Bathroom - Full, Fireplace, Closet, Flooring - Hardwood, Attic Access
  • Dining Room: First Floor, 15X18
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Oth1 Room Name: Sun Room
  • Oth1 Dscrp: Flooring - Hardwood, Window(s) - Picture, Main Level
  • Oth1 Level: First Floor
  • No Living Levels: 2
  • Main Lo: C80011
  • Main So: C80011

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Porch, Porch - Enclosed, Patio, Garden Area

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 5
  • Unit Building: One

Fee Information

  • Fee Interval: Monthly

Schools

  • High School: Salem High

Lot Info

  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Jane Bolles Strong T and Jane Bolles-Strong
Bought by
Reese Timothy E
Total Days on Market
6
Current Estimated Value
$741,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$144,213
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$612,971

Purchase Details

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

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jun 30, 2017
Sold by
Scholten Robert D and Merchant Ali A
Bought by
May Jane S
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Jun 8, 2015
Sold by
Gaston Diana
Bought by
Scholten Robert D and Merchant Ali A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Range of Values:

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Average Value
Not Available
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
06/30/2017 06/30/17 Sold $460,000 +2.4% $318 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $449,000 -- $311 / 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: 72146213

MLS Property Information Network (MLS PIN)

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