NOT LISTED FOR SALE

42 Broad St Unit 7 Salem, MA 01970

Broad Street Neighborhood

Estimated Value: $464,187 - $487,000

2 Beds
2 Baths
1,000 Sq Ft
1900 Built

Last Sold December 19, 2016

Last sale price $248,000 $248 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,907/month

20 Days on Market

About This Home

As of December 2016

JUST LISTED!!! What a location for this tree-top penthouse! Right in the heart of the McIntire Historic District and walking distance to the commuter rail, downtown Salem and all the Amenities! Contemporary OPEN concept with skylights, hardwood floors, Two bedrooms AND Two FULL baths! One bedroom boasts a cathedral ceiling and two decks while the master features an en-suite bath and a wall of closets! Tons of in-unit storage and Laundry closet plus a separate storage room in the basement. Great owner run association, pet friendly and Yes, 2 Car Parking!! This unit is empty and ready to go - still time to own before year end!

Last Agent to Sell the Property

Pam McKee

Keller Williams Realty Evolution Listed on: 11/02/2016

Keller Williams Realty Evolution

Last Buyer's Agent

Charrissa Vitas

Atlantic Coast Homes,Inc

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,737

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 4
  • Unit Placement: Top/Penthouse
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl
  • Insulation: Fiberglass, Loose
  • Interior Amenities: Intercom
  • Bedroom 2: Fourth Floor
  • Bathroom #1: Fourth Floor
  • Bathroom #2: Fourth Floor
  • Kitchen: Fourth Floor
  • Laundry Room: Fourth Floor
  • Living Room: Fourth Floor
  • Master Bedroom: Fourth Floor
  • Master Bedroom Description: Bathroom - Full, Skylight, Closet
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Slate
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 7
  • Unit Building: 7

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 19, 2016
Sold by
Helgesen Eric
Bought by
Lynch Edward J
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Charrissa Vitas
Atlantic Coast Homes,Inc
List Price
$259,000
Sold Price
$248,000
Premium/Discount to List
-$11,000
-4.25%
Current Estimated Value
$473,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,797
Avg. Annual Appreciation
7.62%
Original Mortgage
$198,400
Outstanding Balance
$160,303
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$313,494

Purchase Details

Closed on
Jul 22, 2004
Sold by
Arsenault Kevin M
Bought by
Helgesen Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,800
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Rubin Kenneth J and Rubin Ruth Z
Bought by
Arsenault Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1999
Sold by
42 Broad St Condo T and Pelletier Philip E
Bought by
Rubin Kenneth J and Rubin Ruth Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Lynch Edward J $248,000 --
Helgesen Eric $258,500 --
Arsenault Kevin $182,000 --
Rubin Kenneth J $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Edward J $198,400
Previous Owner Rubin Kenneth J $206,800
Previous Owner Rubin Kenneth J $51,700
Previous Owner Rubin Kenneth J $140,000
Previous Owner Rubin Kenneth J $146,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold $248,000 -4.2% $248 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $259,000 -- $259 / 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 $4,737 $417,700 $0 $417,700
2024 $4,632 $398,600 $0 $398,600
2023 $4,706 $376,200 $0 $376,200
2022 $4,501 $339,700 $0 $339,700
2021 $4,569 $331,100 $0 $331,100
2020 $4,335 $300,000 $0 $300,000
2019 $4,062 $269,000 $0 $269,000
2018 $3,631 $236,100 $0 $236,100
2017 $3,494 $220,300 $0 $220,300
2016 $3,393 $216,500 $0 $216,500
2015 $3,307 $201,500 $0 $201,500
Source: Public Records

Agents Affiliated with this Home

  • Pam McKee

    Seller's Agent in 2016

    Pam McKee

    Keller Williams Realty Evolution

    (978) 500-4047

    8 in this area

    96 Total Sales

    Pam McKee
    Section Image

  • C

    Buyer's Agent in 2016

    Charrissa Vitas

    Atlantic Coast Homes,Inc

    (617) 838-0042

    17 Total Sales

    Charrissa Vitas
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72088671

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000253-000807-000807

Massachusetts Essex County Salem 01970 Broad Street

42 Broad St Unit 7, Salem, MA

This home is located at 42 Broad St Unit 7, Salem, MA 01970 since 02 November 2016 and is currently estimated at $473,797, approximately $473 per square foot. This property was built in 1900. 42 Broad St Unit 7 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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