42 Broad St Unit 7 Salem, MA 01970
Broad Street NeighborhoodEstimated Value: $440,000 - $485,827
2
Beds
2
Baths
1,000
Sq Ft
1900
Built
About This Home
As of December 2016JUST 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!
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%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,707
Avg. Annual Appreciation
8.10%
Original Mortgage
$198,400
Outstanding Balance
$162,812
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$313,818
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
9 in this area
106 Total Sales
-
Charrissa Vitas
C
Buyer's Agent in 2016
Charrissa Vitas
Atlantic Coast Homes,Inc
(617) 838-0042
21 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72088671
APN: SALE-000025-000000-000253-000807-000807
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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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