NOT LISTED FOR SALE

49 Federal St Unit 3 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $339,000 - $535,000

1 Bed
1.5 Baths
930 Sq Ft
$515/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $470,000 $505 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,294/month

6 Days on Market

Highlights

  • Marina
  • 4-minute walk to Salem
  • Waterfront
  • Medical Services
  • City View
  • 2-minute walk to Piperpont Park

About This Home

As of May 2022

Commuter Open House Monday March 28th 530-7PM. Completely Renovated 1 Bedroom 1.5 bath townhouse. If you're seeking historic character, look no further! No expense was spared restoring this beautiful Victorian Mansard in the heart of downtown Salem. Sun-splashed kitchen boasts shaker cabinets, tile backsplash, quartz counters, gas cooking and stainless-steel appliances. Features include high ceilings, large rooms, freshly refinished wide pine floors throughout. 3rd floor has Master bedroom with exposed beams & cathedral ceiling, en-suite bath + small office area. Refinished raised panel solid doors & large moldings throughout. Enjoy city views from your own exclusive use roof deck. New: roof, plumbing, hybrid HWH, Electrical, high efficiency heat & AC. Appliances, fixtures, paint inside & out, Spray foam & sound deadening insulation throughout. Sprinklered building. Pet friendly assoc. Super conveniently located just feet from Washington Street & 1 block to train.

Last Agent to Sell the Property

Mike Becker

Atlantic Coast Homes,Inc Listed on: 03/21/2022

Last Buyer's Agent

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team

Douglas Elliman Real Estate - The Sarkis Team

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1800

Lot Details

  • 3,485 Sq Ft Lot
  • Waterfront

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Rented or Permit Required

Home Design

  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 930 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • 1 Fireplace
  • Home Office
  • City Views

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • Linen Closet

Laundry

  • Laundry on upper level
  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • 3 Cooling Zones
  • 4 Heating Zones
  • Heating Available
  • 220 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2132562

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

$5,700

Year Built

Built in 1800

Lot Details

0

HOA Fees

$170 per month

Parking

1

Listing Details

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

Interior Features

  • Flooring: Wood, Tile, Pine, Flooring - Wood
  • Interior Amenities: Cathedral Ceiling(s), Home Office
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Washer, Electric Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Bathroom - Full, Cathedral Ceiling(s), Beamed Ceilings, Flooring - Wood
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 204
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Wood
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Area: 60
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded
  • Room Dining Room Features: Flooring - Wood
  • Room Dining Room Level: Main
  • Room Dining Room Area: 81
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Wood
  • Room Kitchen Area: 100
  • Laundry Features: Closet - Linen, Flooring - Wood, Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
  • Room Living Room Level: Main
  • Room Living Room Area: 252
  • Room Living Room Features: Bathroom - Half, Closet, Flooring - Wood, Cable Hookup, Open Floorplan
  • Room Office Level: Third
  • Room Office Area: 64
  • Room Office Features: Ceiling - Cathedral, Flooring - Wood, Balcony / Deck, Balcony - Exterior
  • Accessibility Features: No
  • Living Area: 930
  • Stories Total: 2
  • Window Features: Storm Window(s)
  • MAIN LO: AC1991
  • LIST PRICE PER Sq Ft: 482.8
  • PRICE PER Sq Ft: 505.38
  • MAIN SO: AN4282

Exterior Features

  • Exterior Features: Balcony / Deck, Balcony - Exterior
  • 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: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Off Street, Rented

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air, Ductless
  • Heating: Electric, Ductless
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Sal
  • HEAT ZONES: 4
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Association Fee: 170
  • 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: 3
  • 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: 2132562
  • Zoning: B5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3484
  • PAGE: 38111
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5700
  • Tax Book Number: 343

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Svolis Cassandra A $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $470,000 +4.7% $505 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $449,000 -- $483 / 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 $5,461 $481,600 $0 $481,600
2024 $5,454 $469,400 $0 $469,400
2023 $5,915 $472,800 $0 $472,800
Source: Public Records

Agents Affiliated with this Home

  • Mike Becker

    Seller's Agent in 2022

    Mike Becker

    Atlantic Coast Homes,Inc

    (978) 590-4181

    15 in this area

    81 Total Sales

    Section Image
  • George Sarkis

    Buyer's Agent in 2022

    George Sarkis

    Douglas Elliman Real Estate - The Sarkis Team

    (781) 603-8702

    1 in this area

    596 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72955213

MLS Property Information Network (MLS PIN)

APN: SALE M:26 L:0418 S:803

Massachusetts Essex County Salem 01970 Downtown Salem

49 Federal St Unit 3, Salem, MA

This home is located at 49 Federal St Unit 3, Salem, MA 01970 since 21 March 2022 and is currently estimated at $479,264, approximately $515 per square foot. This property was built in 1800. 49 Federal St Unit 3 is a home located in Essex County with nearby schools including Bates Elementary School, Carlton Elementary School, and Saltonstall 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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