49 Washington Square Unit 2 Salem, MA 01970
Salem Common Neighborhood
4
Beds
2
Baths
2,186
Sq Ft
1834
Built
Highlights
- Wood Flooring
- Forced Air Heating System
- 3-minute walk to Salem Common
About This Home
As of August 2023Attractive Greek Revival Townhouse condo on historic Salem Common. Fantastic antique with Indian shutters, wide pine floors and period fireplace mantels. This home is in need of a full renovation and may not qualify for standard mortgage financing. Construction financing or cash necessary to restore this fantastic home to its rightful beauty. Comparable condos with less desirable location selling in 6 and 7 hundred thousands range.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $9,148
Year Built
- Built in 1834
Lot Details
- Year Round Access
Flooring
- Wood
- Tile
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Oil Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:35 L:0075 S:802
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
91
Views
98
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
$52,984
Avg. Annual Appreciation
3.62%
Original Mortgage
$680,000
Outstanding Balance
$668,361
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$234,623
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
22.03%
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
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Condominium Deed | $850,000 | None Available | |
Quit Claim Deed | -- | None Available | |
Condominium Deed | $355,000 | None Available | |
Deed | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $680,000 | Purchase Money Mortgage | |
Previous Owner | $490,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $300,000 | New Conventional | |
Previous Owner | $319,788 | Reverse Mortgage Home Equity Conversion Mortgage | |
Previous Owner | $100,000 | No Value Available |
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
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
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72638457

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