NOT LISTED FOR SALE

Estimated Value: $452,668 - $492,000

2 Beds
1 Bath
989 Sq Ft
4,356 Sq Ft Lot

Last Sold April 13, 2020

Last sale price $340,000 $344 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,904/month

4 Days on Market

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.

Last Agent to Sell the Property

Michelle Bettencourt

Nina-Soto Realty, LLC Listed on: 02/20/2020

Last Buyer's Agent

Joanna Kirylo

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,657

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Actual
  • List Price Per Sq Ft: 302.33
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Ground
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1915

Interior Features

  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: Internet Available - Broadband
  • Appliances: Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Closet - Walk-in, Flooring - Hardwood, Closet - Double
  • Bedroom 2: On Level: First Floor, Closet - Walk-in, Flooring - Hardwood
  • Full Bathrooms: 1
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Ceiling Fan(s), Flooring - Laminate, Dining Area, Countertops - Stone/Granite/Solid
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • Other Room 1: Name: Office, On Level: First Floor, Flooring - Hardwood, Window(s) - Picture
  • No Living Levels: 3
  • Main Lo: C95243
  • Main So: NB9303
  • Estimated Sq Ft: 989.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Unit Features: Porch, Covered Patio/Deck

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Hot Water Radiators, Gas
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 133.00
  • Association Fee Includes: Water, Master Insurance
  • Condo Association: Yes

Schools

  • High School: Salem High

Lot Info

  • Assessments: 276200.00
  • Acre: 0.10
  • Lot Size: 4299.00
  • Page: 477
  • Parcel Number: M:25 L:0354 S:801
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 3991.00
  • Assessor Parcel Number: 4533448

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

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
Current Estimated Value
$474,667

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
6.27%
Original Mortgage
$15,000
Interest Rate
3.3%
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
Source: Public Records

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
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 $15,000
Previous Owner Parker Charles D $152,000
Previous Owner Hewitt Toby $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $4,657 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72621676

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000354-000801-000801