Seller's Agent in 2022
Michael Selbst
Gibson Sotheby's International Realty
(617) 504-9159
27 in this area
79 Total Sales
5 Chestnut St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $1,725,929 - $2,143,000
5
Beds
3.5
Baths
3,891
Sq Ft
$494/Sq Ft
Est. Value
Highlights
- Marina
- Federal Architecture
- Property is near public transit and schools
- Medical Services
- Deck
- 3-minute walk to High Street Park
About This Home
As of August 2022Gracious & manageable 5 BR Federal townhouse, remarkably preserved & respectfully improved over the owners’ custodianship. Large vestibule leads to the EH w/lovely staircase, showcasing classic federal detail. Elegantly proportioned LR & DR, w/original interior shutters, gas & wood fireplaces. Graceful carved arches connect the rooms. Sunny kitchen w/gas fireplace opens to the deck & garden. 1/2 bath rounds out this floor. Downstairs family/playroom w/original kitchen fireplace & beehive oven(!), a utility work room, a sunny laundry room & a full bath. Upstairs, 5 BR’s, an office & 2 baths spread over 2 floors. Breathtaking grounds; a brick driveway, extravagant hardscaping, 2 fountains, & a restored antique barn, suitable for a car, (currently used for storage). A well insulated house, with new & restored windows, central air, 4 zone hot water heat, on-demand hot water, new wiring & plumbing throughout. A grand turnkey house moments from downtown Salem & the train station!
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 05/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,924
Year Built
- Built in 1828
Lot Details
- 4,243 Sq Ft Lot
- Fenced
- Level Lot
- Property is zoned R2
Parking
- 1 Car Garage
Home Design
- Federal Architecture
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
- Slate Roof
- Rubber Roof
- Marble or Granite Building Materials
Interior Spaces
- 3,891 Sq Ft Home
- 4 Fireplaces
- Wood Flooring
- Storm Windows
Kitchen
- Oven
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
- Outdoor Gas Grill
Location
- Property is near public transit and schools
Utilities
- Central Air
- 1 Cooling Zone
- 5 Heating Zones
- Heating System Uses Natural Gas
- Hot Water Heating System
- 220 Volts
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M:25 L:0561,2131973
Community Details
Overview
- Mcintire Historic District Subdivision
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2022
Closed on
Aug 1, 2022
Sold by
Bought by
Seller's Agent
Michael Selbst
Gibson Sotheby's International Realty
Buyer's Agent
Michael Selbst
Gibson Sotheby's International Realty
List Price
$1,650,000
Sold Price
$1,590,000
Premium/Discount to List
-$60,000
-3.64%
Views
2
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
$332,232
Avg. Annual Appreciation
4.91%
Original Mortgage
$960,000
Interest Rate
0.0338%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 19, 1988
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,590,000 | None Available | ||
| $377,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $960,000 | ||
| Previous Owner | $510,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $223,000 | ||
| Previous Owner | $295,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $360,000 | ||
| Previous Owner | $241,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2022 08/01/22 | Sold | $1,590,000 | -3.6% | $409 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $1,650,000 | -- | $424 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,567 | $1,549,100 | $259,000 | $1,290,100 |
| 2024 | $17,442 | $1,501,000 | $247,200 | $1,253,800 |
| 2023 | $14,703 | $1,175,300 | $223,700 | $951,600 |
| 2022 | $12,924 | $975,400 | $211,900 | $763,500 |
| 2021 | $13,281 | $962,400 | $211,900 | $750,500 |
| 2020 | $12,928 | $894,700 | $206,000 | $688,700 |
| 2019 | $12,681 | $839,800 | $197,800 | $642,000 |
| 2018 | $12,301 | $799,800 | $188,400 | $611,400 |
| 2017 | $12,161 | $766,800 | $176,600 | $590,200 |
| 2016 | $11,878 | $758,000 | $167,800 | $590,200 |
| 2015 | $11,938 | $727,500 | $167,800 | $559,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Selbst
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72984878
APN: SALE-000025-000000-000561
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.
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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