51 Broad St Unit 1 Salem, MA 01970
Broad Street NeighborhoodEstimated Value: $464,861 - $481,000
2
Beds
1
Bath
989
Sq Ft
4,356
Sq Ft Lot
Highlights
- Wood Flooring
- High Speed Internet
- 2-minute walk to Broad Street Playground
About This Home
As of April 2020***MULTIPLE OFFER NOTIFICATION*** Submit highest and best by 8PM. Located in the McIntire District, this first floor unit is a must see! 51 Broad Street #1 is efficient living in the most desirable neighborhood in Salem. This two bedroom condo has charming details throughout, including a gorgeous picture window in the office space (currently used as a third bedroom thanks to lovingly restored pocket doors that gives the space versatility). The eat-in kitchen has been tastefully updated with beautiful stone countertops, new flooring and an attention to detail in the finishings. The master bedroom has "his and her's" closets AND a walk-in closet for all your clothing storage needs. Additionally there's plenty of storage in the basement. Many major jobs have been done by sellers. With an off-street parking spot, a yard and a deck, the exterior amenities make this property in this neighborhood a rarity. Just minutes away from downtown Salem and convenient shopping centers.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,657
Year Built
- Built in 1915
Lot Details
- 4,356
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Gas
- High Speed Internet
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:25 L:0354 S:801
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 8, 2020
Sold by
Farrell Sean
Bought by
Denison Courtney and Farrell Sean
Total Days on Market
4
Current Estimated Value
Purchase Details
Listed on
Feb 20, 2020
Closed on
Apr 9, 2020
Sold by
Parker Charles D
Bought by
Farrell Sean
Seller's Agent
Michelle Bettencourt
Nina-Soto Realty, LLC
Buyer's Agent
Joanna Kirylo
Keller Williams Realty Boston Northwest
List Price
$299,000
Sold Price
$340,000
Premium/Discount to List
$41,000
13.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$323,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 23, 2012
Closed on
Feb 22, 2013
Sold by
Hewitt Toby and Petruzella Elise R
Bought by
Parker Charles D
Seller's Agent
Andrea Damato
Savage Realty Group
Buyer's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
List Price
$238,000
Sold Price
$190,000
Premium/Discount to List
-$48,000
-20.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$152,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 2004
Sold by
Gerdine Elaine and Strauss Marshall B
Bought by
Hewitt Toby and Petruzella Elisa R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Denison Courtney | $9,000 | None Available | |
| Farrell Sean | $340,000 | None Available | |
| Parker Charles D | $190,000 | -- | |
| Hewitt Toby | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Farrell Sean | $323,000 | |
| Previous Owner | Parker Charles D | $75,000 | |
| Previous Owner | Parker Charles D | $25,000 | |
| Previous Owner | Parker Charles D | $152,000 | |
| Previous Owner | Hewitt Toby | $230,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2020 04/13/20 | Sold | $340,000 | +13.7% | $344 / Sq Ft |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- |
| 02/20/2020 02/20/20 | For Sale | $299,000 | +57.4% | $302 / Sq Ft |
| 02/22/2013 02/22/13 | Sold | $190,000 | -5.0% | $190 / Sq Ft |
| 01/21/2013 01/21/13 | Pending | -- | -- | -- |
| 11/12/2012 11/12/12 | Price Changed | $199,900 | -7.9% | $200 / Sq Ft |
| 10/31/2012 10/31/12 | Price Changed | $217,000 | -0.9% | $217 / Sq Ft |
| 10/02/2012 10/02/12 | Price Changed | $219,000 | -2.7% | $219 / Sq Ft |
| 09/05/2012 09/05/12 | Price Changed | $225,000 | -5.5% | $225 / Sq Ft |
| 07/23/2012 07/23/12 | For Sale | $238,000 | -- | $238 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,657 | $410,700 | $0 | $410,700 |
| 2024 | $4,550 | $391,600 | $0 | $391,600 |
| 2023 | $4,270 | $341,300 | $0 | $341,300 |
| 2022 | $4,143 | $312,700 | $0 | $312,700 |
| 2021 | $4,078 | $295,500 | $0 | $295,500 |
| 2020 | $3,991 | $276,200 | $0 | $276,200 |
| 2019 | $3,787 | $250,800 | $0 | $250,800 |
| 2018 | $3,511 | $228,500 | $0 | $228,500 |
| 2017 | $3,445 | $217,200 | $0 | $217,200 |
| 2016 | $3,259 | $208,000 | $0 | $208,000 |
| 2015 | $3,262 | $198,800 | $0 | $198,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Bettencourt
Seller's Agent in 2020
Michelle Bettencourt
Nina-Soto Realty, LLC
(508) 843-7708
37 Total Sales
-
Joanna Kirylo
Buyer's Agent in 2020
Joanna Kirylo
Keller Williams Realty Boston Northwest
(617) 669-5893
52 Total Sales
-
Andrea Damato
Seller's Agent in 2013
Andrea Damato
Savage Realty Group
(978) 265-2070
1 Total Sale
-
Lise Danforth
Buyer's Agent in 2013
Lise Danforth
Coldwell Banker Realty - Marblehead
(978) 853-2228
39 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72621676
APN: SALE-000025-000000-000354-000801-000801
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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