$490,000
SOLD SEP 30, 2020

56 Forrester St Unit 2 Salem, MA 01970

Salem Common Neighborhood
3 Beds
2 Baths
1,807 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$271 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 5-minute walk to Swiniuch Park

About This Home

As of September 2020

Gorgeous 2nd-floor townhome just a short distance to the Salem Commons, commuter rail, water, and all that downtown Salem has to offer. This beautiful 3 bedroom / 2 full bath property has so much character with gleaming hardwood floors throughout, high ceilings on both levels and partial water views from the master bedroom. The main level has a modern open concept floor plan with an updated kitchen, updated bathroom, and slider to a private deck. The top-level boasts all 3 bedrooms, an updated bathroom, and laundry. All located on a quiet one-way street with plenty of parking.

Last Agent to Sell the Property

Emmanuel Paul

Redfin Corp. Listed on: 08/18/2020

Redfin Corp.

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1890

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Propane Water Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0222 S:802

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,587

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 276.70
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1890

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Third Floor, Dimension: 14X18, Bathroom - Full, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, Recessed Lighting
  • Bedroom 2: On Level: Third Floor, Dimension: 14X13, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting
  • Bedroom 3: On Level: Third Floor, Dimension: 14X17, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Dimension: 6X9, Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 2: On Level: Third Floor, Dimension: 8X10, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Dimension: 13X16, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floor Plan, Recessed Lighting
  • Kitchen: On Level: Second Floor, Dimension: 15X13, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Deck - Exterior, Exterior Access, Open Floor Plan, Recessed Lighting, Slider, Stainless Steel Appliances
  • Laundry: On Level: Third Floor
  • Living Room: On Level: Second Floor, Dimension: 16X13, Closet, Flooring - Hardwood, Open Floor Plan, Recessed Lighting
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: NB3534
  • Main So: G62122
  • Estimated Sq Ft: 1807.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Unit Features: Deck, Patio, Fenced Yard

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Propane Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Shopping, Park, Laundromat
  • HOA Fees: 150.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Professional - On Site

Fee Information

  • Opt Fee Includes: Water, Sewer, Master Insurance

Schools

  • Elementary School: Carlton
  • Middle School: Saltonstall
  • High School: Salem

Lot Info

  • Assessments: 404000.00
  • Acre: 0.07
  • Lot Size: 2884.00
  • Page: 397
  • Parcel Number: M:41 L:0222 S:802
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5838.00
  • Assessor Parcel Number: 4315865

Multi Family

  • No Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 21, 2020
Sold by
Brumbaugh Amanda R and Brumbaugh Robert C
Bought by
Blacker Sarah
Seller's Agent
Emmanuel Paul
Redfin Corp.
Buyer's Agent
Team Lillian Montalto
Lillian Montalto Signature Properties
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Current Estimated Value
$716,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,061
Avg. Annual Appreciation
7.97%
Original Mortgage
$496,000
Outstanding Balance
$442,161
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$273,900

Purchase Details

Listed on
Jan 15, 2019
Closed on
Apr 18, 2019
Sold by
Zoppo Jennifer A and Zoppo Patrick
Bought by
Brumbaugh Amanda R and Brumbaugh Robert C
Seller's Agent
Jennifer Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Anne Garcia
Redfin Corp.
List Price
$469,000
Sold Price
$454,900
Premium/Discount to List
-$14,100
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$432,155
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2016
Closed on
Nov 7, 2016
Sold by
Bacall Ana
Bought by
Zoppo Jennifer A and Zoppo Patrick
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Jennifer Sullivan
Keller Williams Realty Evolution
List Price
$389,000
Sold Price
$382,000
Premium/Discount to List
-$7,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$343,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Burgin Charles H and Burgin Donna L
Bought by
Bacall Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.29%
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 Type Sale Price Title Company
Condominium Deed $490,000 None Available
Condominium Deed $454,900 --
Not Resolvable $382,000 --
Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $496,000 New Conventional
Previous Owner $432,155 New Conventional
Previous Owner $343,000 New Conventional
Previous Owner $241,000 No Value Available
Previous Owner $262,500 No Value Available
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $48,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $490,000 -2.0% $271 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $499,999 +9.9% $277 / Sq Ft
04/25/2019 04/25/19 Sold $454,900 -3.0% $272 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $469,000 +22.8% $280 / Sq Ft
11/07/2016 11/07/16 Sold $382,000 0.0% $228 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/26/2016 09/26/16 Off Market $382,000 -- --
09/21/2016 09/21/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $389,000 0.0% $233 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/12/2016 08/12/16 Price Changed $389,000 -2.5% $233 / Sq Ft
06/30/2016 06/30/16 Price Changed $399,000 -2.4% $238 / Sq Ft
05/27/2016 05/27/16 For Sale $409,000 -- $244 / 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 $6,587 $580,900 $0 $580,900
2024 $6,446 $554,700 $0 $554,700
2023 $6,232 $498,200 $0 $498,200
2022 $6,055 $457,000 $0 $457,000
2021 $5,959 $431,800 $0 $431,800
2020 $5,838 $404,000 $0 $404,000
2019 $5,546 $367,300 $0 $367,300
2018 $5,152 $335,000 $0 $335,000
2017 $5,055 $318,700 $0 $318,700
2016 $4,782 $305,200 $0 $305,200
2015 $4,787 $291,700 $0 $291,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72711511

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000222-000802-000802