NOT LISTED FOR SALE

49 Federal St Unit 1 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $631,000 - $659,000

3 Beds
2 Baths
1,575 Sq Ft
$411/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $552,000 $350 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,267/month

97 Days on Market

Highlights

  • Marina
  • 4-minute walk to Salem
  • City View
  • Medical Services
  • No Units Above
  • 2-minute walk to Piperpont Park

About This Home

As of January 2023

Open House Sun 12/18 11-12pm! Completely Renovated 3 bedroom 2 bath townhouse style unit. No expense spared on this Historic Award winning restoration. This big beautiful Victorian Mansard in the heart of downtown Salem is conveniently located just feet from Washington Street & 1 block to train. Walk score of 96! Main level features High ceilings, Kitchen with shaker cabinets, bar Island, tile backsplash, Carrera marble counters, gas cooking & stainless-steel appliances, Gorgeous original Carrera marble fireplace & mantle piped for gas insert, Master bed with 2 large closets. freshly refinished original wide pine floors, crown & other original molding throughout. Refinished raised panel solid doors. Exclusive use roof deck. New: architectural shingle roof, plumbing & electrical throughout, high efficiency multi zone heat & AC, hybrid HWH, Appliances, fixtures, paint inside & out, Spray foam & sound deadening insulation throughout. Sprinklered building. Pet friendly assoc.

Last Agent to Sell the Property

Mike Becker

Atlantic Coast Homes,Inc Listed on: 09/12/2022

Co-Listed By

Kevin Farrar

Atlantic Coast Homes,Inc

Last Buyer's Agent

Michael Lissack

The Virtual Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 1800

Lot Details

  • 3,484 Sq Ft Lot
  • No Units Above
  • End Unit

HOA Fees

  • $227 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,575 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Decorative Lighting
  • City Views

Kitchen

  • Breakfast Bar
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer

Home Security

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • 220 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 5195630

Community Details

Overview

  • Optional Additional Fees: 135
  • Other Mandatory Fees include Additional Parking Space
  • Association fees include water, sewer, insurance, maintenance structure, snow removal, reserve funds
  • 5 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,000

Year Built

Built in 1800

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1800
  • Buyer Agency: 2.5
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Approximate,Renovated Since,Finished, Never Occupied
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Pine
  • Entry Location: Unit Placement(Front)
  • Fireplace YN: No
  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dishwasher,Washer/Dryer, Electric Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 221
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Area: 143
  • Room Bedroom3 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Wood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 156
  • Master Bathroom Features: No
  • Bathroom 1 Area: 36
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 40
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce
  • Room Dining Room Features: Flooring - Wood, Recessed Lighting
  • Room Dining Room Level: Second
  • Room Dining Room Area: 169
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances, Lighting - Pendant
  • Room Kitchen Area: 130
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 288
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting
  • Basement: N
  • Accessibility Features: No
  • Living Area: 1575
  • Stories Total: 2
  • Window Features: Storm Window(s)
  • MAIN LO: AC1991
  • LIST PRICE PER Sq Ft: 355.49
  • PRICE PER Sq Ft: 350.48
  • MAIN SO: AN7235

Exterior Features

  • Common Walls: No One Above, End Unit
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Roof, Deck - Composite
  • Roof: Shingle, Rubber
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, River, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Deeded, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Sal
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 226.69
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, T-Station
  • Senior Community YN: No
  • OPT FEE INCLUDES: Additional Parking Space
  • UNIT BUILDING: 1
  • MANAGEMENT: Developer Control, Owner Association
  • OPTIONAL FEE: 135
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: 5195630
  • Zoning: B5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484
  • Lot Size Units: Acres
  • PAGE: 38111
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8000
  • Tax Book Number: 343

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Jan 25, 2023
Sold by
49 Federal Street Llc
Bought by
Eckstrom Brittany and Selenak Scott
Seller's Agent
Mike Becker
Atlantic Coast Homes,Inc
Buyer's Agent
Michael Lissack
The Virtual Realty Group
List Price
$599,900
Sold Price
$552,000
Premium/Discount to List
-$47,900
-7.98%
Views
219
Current Estimated Value
$647,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,579
Avg. Annual Appreciation
6.14%
Original Mortgage
$522,000
Outstanding Balance
$506,085
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,407
Source: Public Records

Range of Values:

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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
Eckstrom Brittany $552,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckstrom Brittany $522,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $552,000 -1.4% $350 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $559,900 -3.4% $355 / Sq Ft
09/29/2022 09/29/22 Price Changed $579,900 -3.3% $368 / Sq Ft
09/12/2022 09/12/22 For Sale $599,900 -- $381 / 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 $6,211 $547,700 $0 $547,700
2024 $6,361 $547,400 $0 $547,400
2023 $6,663 $532,600 $0 $532,600
Source: Public Records

Agents Affiliated with this Home

  • Mike Becker

    Seller's Agent in 2023

    Mike Becker

    Atlantic Coast Homes,Inc

    (978) 590-4181

    15 in this area

    80 Total Sales

    Mike Becker
    Section Image
  • Kevin Farrar

    Seller Co-Listing Agent in 2023

    Kevin Farrar

    Atlantic Coast Homes,Inc

    (978) 578-3448

    2 in this area

    31 Total Sales

    Kevin Farrar
    Section Image
  • Michael Lissack

    Buyer's Agent in 2023

    Michael Lissack

    The Virtual Realty Group

    (617) 710-9565

    1 in this area

    100 Total Sales

    Michael Lissack
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73035249

MLS Property Information Network (MLS PIN)

APN: SALE M:26 L:0418 S:801

Massachusetts Essex County Salem 01970 Downtown Salem

49 Federal St Unit 1, Salem, MA

This home is located at 49 Federal St Unit 1, Salem, MA 01970 since 12 September 2022 and is currently estimated at $647,579, approximately $411 per square foot. This property was built in 1800. 49 Federal St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Bates Elementary School, and Carlton Elementary School.

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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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