NOT LISTED FOR SALE

49 School St Unit 1 Salem, MA 01970

North Salem Neighborhood

Estimated Value: $486,000 - $594,000

3 Beds
1 Bath
1,121 Sq Ft
$140/mo HOA Fee

Last Sold July 30, 2021

Last sale price $415,000 $370 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,288/month

6 Days on Market

Highlights

  • Marina
  • Medical Services
  • Wood Flooring
  • Golf Course Community
  • Property is near public transit
  • 1-minute walk to Patten Park

About This Home

As of July 2021

Located on a corner lot, this Victorian condominium has a lot of style and curb appeal. The unit offers a large eat-in kitchen with ample kitchen counter and cabinet space , stainless appliances and gas stove. The living room just off the kitchen has wood floors , ceiling fan and lots of sunlight. there are three bedroom all with great closet space and wood floors. The third bedroom currently works perfectly for a dining room. Located a short distance to town and train this unit checks all the boxes as it includes 2 car parking, in- unit washer and dryer, private porch and locked basement storage.

Last Agent to Sell the Property

Terryanne St. Pierre

MerryFox Realty Listed on: 06/09/2021

Last Buyer's Agent

Resco Homes

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1879

Lot Details

  • 9,148

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,121 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Insulated Windows
  • Bay Window
  • Wood Flooring
  • Basement

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • First Choice Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4708380

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure
  • 3 Units
  • 49 School Street Condominium Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,973

Year Built

Built in 1879

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1879
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Room Dining Room Features: Flooring - Wood, Lighting - Overhead, Closet - Double
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • Living Area: 1121
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95279
  • MAIN SO: BB5918

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, River, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Attached Garage YN: No
  • Carport Y N: No
  • Garage YN: Yes
  • Parking Features: Assigned, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: SESD
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 140
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: 4708380
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9152
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3973.02

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Salem
  • Elementary School: First Choice
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 30, 2021
Sold by
Blackmar Rachael
Bought by
Carr Lauren
Seller's Agent
Terryanne St. Pierre
MerryFox Realty
Buyer's Agent
Resco Homes
Gibson Sotheby's International Realty
List Price
$369,900
Sold Price
$415,000
Premium/Discount to List
$45,100
12.19%
Current Estimated Value
$522,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,623
Avg. Annual Appreciation
5.44%
Original Mortgage
$345,000
Outstanding Balance
$313,853
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$208,770

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 7, 2016
Sold by
Buono Frank T
Bought by
Gobeil Rachael R
Seller's Agent
Jan Pellegrini
Keller Williams Realty Evolution
Buyer's Agent
Ryan Wilson
Keller Williams Realty
List Price
$269,000
Sold Price
$271,000
Premium/Discount to List
$2,000
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$257,450
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2014
Sold by
Buono Anna M
Bought by
Buono Frank T

Purchase Details

Closed on
Apr 17, 2009
Sold by
Buono Frank T
Bought by
Buono Frank T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,700
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2006
Sold by
Mikris Inc
Bought by
Buono Frank T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carr Lauren $415,000 None Available
Gobeil Rachael R $271,000 --
Buono Frank T -- --
Buono Frank T -- --
Buono Frank T $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Lauren $345,000
Previous Owner Gobeil Rachael R $257,450
Previous Owner Buono Frank T $196,000
Previous Owner Buono Frank T $205,700
Previous Owner Buono Frank T $212,000
Previous Owner Buono Frank T $26,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $415,000 +12.2% $370 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $369,900 +36.5% $330 / Sq Ft
10/07/2016 10/07/16 Sold $271,000 +0.7% $242 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $269,000 -- $240 / 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 $4,883 $430,600 $0 $430,600
2024 $4,777 $411,100 $0 $411,100
2023 $4,627 $369,900 $0 $369,900
2022 $4,486 $338,600 $0 $338,600
2021 $4,336 $314,200 $0 $314,200
2020 $4,245 $293,800 $0 $293,800
2019 $1,935 $266,900 $0 $266,900
2018 $3,740 $243,200 $0 $243,200
2017 $3,708 $233,800 $0 $233,800
2016 $3,510 $224,000 $0 $224,000
2015 $3,515 $214,200 $0 $214,200
Source: Public Records

Agents Affiliated with this Home

  • Terryanne St. Pierre

    Seller's Agent in 2021

    Terryanne St. Pierre

    MerryFox Realty

    (978) 580-9396

    4 in this area

    25 Total Sales

    Terryanne St. Pierre
    Section Image
  • Resco Homes

    Buyer's Agent in 2021

    Resco Homes

    Gibson Sothebys International Realty

    (617) 817-1813

    2 in this area

    133 Total Sales

    Resco Homes
    Section Image
  • Jan Pellegrini

    Seller's Agent in 2016

    Jan Pellegrini

    Keller Williams Realty Evolution

    (978) 810-0916

    1 in this area

    63 Total Sales

    Jan Pellegrini
    Section Image
  • Ryan Wilson

    Buyer's Agent in 2016

    Ryan Wilson

    Keller Williams Realty

    (781) 424-6286

    2 in this area

    663 Total Sales

    Ryan Wilson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72846520

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000287-000801-000801

Massachusetts Essex County Salem 01970 North Salem

49 School St Unit 1, Salem, MA

Not Listed for Sale

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