NOT LISTED FOR SALE

49 Washington Square Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $889,000 - $917,000

4 Beds
3.5 Baths
2,231 Sq Ft
$405/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $850,000 $381 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,118/month

8 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Solid Surface Countertops
  • Fireplace in Bedroom
  • Wood Flooring
  • 3-minute walk to Salem Common

About This Home

As of August 2023

Historic gem in the heart of Salem! Completely renovated in 2021, this townhouse has 4 beds, 3.5 baths and spans three floors all of which overlook the beautiful Salem Commons.1st floor includes formal entry with impressive staircase, adjoining parlor, dining room and convenient powder bath. In the back of the house is the gorgeous eat-in kitchen with access to the quiet patio and driveway. The 2nd floor boasts a lovely primary bedroom with walk-in closet, and beautiful en-suite bathroom. A wonderful reading room/office, guest bed and bath round out the second floor. The additional two beds and bathroom are perched on the 3rd floor. Period details of high ceilings, tall windows with panel shutters, wide plank pine flooring, multiple decorative fpls, and a back staircase make this home truly unique. Renovations include new electrical, plumbing and HVAC essential for modern living. Majority of windows replaced with Pella Architect series. Easy access to the train station & 2 car parking!

Last Listed By

Margaret Finn

James A. Finn & Sons Listed on: 06/22/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,662

Year Built

  • Built in 1834

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 2,231 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Stove
  • Range with Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Pedestal Sink
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0075 S:802,2136219

Community Details

Overview

  • Association fees include insurance, reserve funds
  • 2 Units

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Park

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,662

Year Built

Built in 1834

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse, Attached
  • Year Built: 1834
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Pine
  • Interior Amenities: Sitting Room
  • Fireplace Features: Dining Room, Living Room, Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood, Plumbed For Ice Maker
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wood, Crown Molding
  • Room Bedroom3 Features: Closet, Flooring - Wood, Lighting - Overhead
  • Room Bedroom3 Level: Third
  • Room Bedroom4 Level: Third
  • Room Bedroom4 Features: Closet, Flooring - Wood, Lighting - Overhead
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Room Master Bedroom Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Third
  • Room Dining Room Features: Bathroom - Half, Flooring - Wood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead
  • Laundry Features: In Basement, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wood, Recessed Lighting, Crown Molding
  • Basement: Y
  • Living Area: 2231
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: C63900
  • LIST PRICE PER Sq Ft: 369.79
  • PRICE PER Sq Ft: 381
  • MAIN SO: C95127

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1/10 to 3/10 To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Tandem, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Icemaker Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: SESD

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, University
  • Senior Community YN: No
  • UNIT BUILDING: 49
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Reserve Funds

Lot Info

  • Parcel Number: M:35 L:0075 S:802,2136219
  • Zoning: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 32
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8662
  • Tax Book Number: 38908

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 31, 2023
Sold by
Finn James D and Houle Maxwell A
Bought by
Callahan Ashley and Gedarovich David S
Seller's Agent
Margaret Finn
James A. Finn & Sons
Buyer's Agent
M. J. Taglieri
Options Real Estate Services, LLC
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%
Total Days on Market
8
Views
98
Current Estimated Value
$902,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,984
Avg. Annual Appreciation
2.95%
Original Mortgage
$680,000
Outstanding Balance
$668,361
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,920

Purchase Details

Closed on
Mar 22, 2021
Sold by
42 North Prop Llc
Bought by
Finn James D and Houle Maxwell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 27, 2020
Closed on
Sep 3, 2020
Sold by
Countie Jeannette S Est and Bade
Bought by
42 North Prop Llc
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
James Finn
James A. Finn & Sons
List Price
$415,000
Sold Price
$355,000
Premium/Discount to List
-$60,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.69%
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2018
Sold by
Countie Jeannette and Countie Ralph L
Bought by
Countie Jeannette

Range of Values:

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Average Value
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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
Callahan Ashley $850,000 None Available
Finn James D -- None Available
42 North Prop Llc $355,000 None Available
Countie Jeannette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Ashley $680,000
Previous Owner Finn James D $490,000
Previous Owner 42 North Prop Llc $300,000
Previous Owner Countie Ralph L $319,788
Previous Owner Countie Ralph L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $850,000 +3.0% $381 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $825,000 +132.4% $370 / Sq Ft
09/04/2020 09/04/20 Sold $355,000 -5.3% $162 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $375,000 -6.2% $172 / Sq Ft
04/17/2020 04/17/20 Price Changed $399,900 -3.6% $183 / Sq Ft
03/27/2020 03/27/20 For Sale $415,000 -- $190 / 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 $9,148 $806,700 $0 $806,700
2024 $9,144 $786,900 $0 $786,900
2023 $8,662 $692,400 $0 $692,400
2022 $8,296 $626,100 $0 $626,100
2021 $6,940 $502,900 $0 $502,900
2020 $7,313 $506,100 $0 $506,100
2019 $7,844 $519,500 $0 $519,500
2018 $7,276 $473,100 $0 $473,100
2017 $7,066 $445,500 $0 $445,500
2016 $6,685 $426,600 $0 $426,600
2015 $6,690 $407,700 $0 $407,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73128576

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000075-000802-000802