$470,000
SOLD OCT 22, 2021

59 Broad St Unit 1 Salem, MA 01970

Broad Street Neighborhood
2 Beds
2 Baths
1,135 Sq Ft
$225/mo HOA Fee

Recently Sold

$414 Per Sq Ft

1% Above List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Linen Closet
  • Dining Area
  • Bay Window
  • Recessed Lighting
  • 1-minute walk to Broad Street Playground

About This Home

As of October 2021

Welcome Home to Fifty Nine Broad Street in historic Salem. This stunning first floor unit was extensively remodeled in 2016; unit features open floor plan with state of the art kitchen, stainless steel appliances, granite countertop, and wine cooler. The living room boasts hardwood floors, crown moldings, designer lighting and custom built in entertainment center. Additional features include built in window seat, in unit laundry, gas heat, split a/c system. Two bedrooms, two designer baths & Murphy bed for your out of town guests. Bonus deeded garage spot & 1 additional parking spot. Step outside your front door & stroll to downtown where you can go shopping, visit the world famous Peabody Essex Museum, cafes, numerous restaurant & historic landmarks. Commuter rail to Boston. Be a part of the vibrant heartbeat of Salem.

Last Agent to Sell the Property

Sean Connelly

William Raveis R.E. & Home Services Listed on: 08/04/2021

William Raveis R.E. & Home Services

Last Buyer's Agent

Arthur Thompson

Aluxety

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,729

Year Built

  • 1915

HOA Fees

  • $225 per month

Parking

  • 1

Interior Spaces

  • Recessed Lighting
  • Bay Window
  • Dining Area
  • Wine Cooler

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Linen Closet
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Separate Shower

Utilities

  • 1 Heating Zone
  • Cable TV Available

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,729

Year Built

1915

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Carport Y N: No
  • Directions: Highland or Essex St to Jackson to Broad
  • Garage Yn: Yes
  • Efficiency: Thermostat
  • Structure Type: Garden
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1915

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,Wine Refrigerator, Gas Water Heater, Utility Connections for Gas Range
  • Entry Location: Unit Placement(Street)
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood, Cable Hookup
  • Room Bedroom2 Area: 154
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - 3/4, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s), Flooring - Stone/Ceramic Tile
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 140
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Dining Room Level: First
  • Room Dining Room Area: 168
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Cabinets - Upgraded, Recessed Lighting, Wine Chiller
  • Room Kitchen Area: 266
  • Room Living Room Level: First
  • Room Living Room Area: 196
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 409.6
  • PRICE PER Sq Ft: 414.1
  • MAIN SO: AN1532
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Hardwood
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Slate
  • Construction Type: Frame
  • Disclosures: Guest Bath Has Electric Heat. 1 Year Home Warranty Included At Time Of Closing. (See Attached Brochure). Seller Has Purchased Another Property, And Is Waiting For A Closing Date. Will Need At Least 45-60 Day Close, Could Be Sooner. Room Sizes Are Approximate.
  • Exclusions: See Inclusion/Exclusion Sheet
  • Patio And Porch Features: Porch, Deck, Patio
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Detached, Off Street, Deeded
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, Window Unit(s), Ductless
  • Heating: Steam, Natural Gas, Ductless
  • HEAT ZONES: 1
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: First Floor, In Unit
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
  • Pets Allowed: Breed Restrictions

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • LOT SIZE: 5240
  • PAGE: 62
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5227.2
  • Zoning: R1

Multi Family

  • NO UNITS OWNER OCC: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5676
  • Tax Book Number: 35556
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Baribeault Alan P and Baribeault Leslie A
Bought by
59 Broad Street Unit 1 Nt and Baribeault
Current Estimated Value
$561,991

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 22, 2021
Sold by
Booth Christine P
Bought by
Baribeault Alan P and Baribeault Leslie
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
Arthur Thompson
Aluxety
List Price
$464,900
Sold Price
$470,000
Premium/Discount to List
$5,100
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$352,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 -- None Available
Condominium Deed $470,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $352,500 Purchase Money Mortgage
Previous Owner $255,695 Stand Alone Refi Refinance Of Original Loan
Previous Owner $258,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $470,000 +1.1% $414 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $464,900 +34.8% $410 / Sq Ft
12/21/2016 12/21/16 Sold $345,000 0.0% $304 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $345,000 -- $304 / 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 $5,729 $505,200 $0 $505,200
2024 $5,581 $480,300 $0 $480,300
2023 $5,691 $454,900 $0 $454,900
2022 $5,760 $434,700 $0 $434,700
2021 $5,676 $411,300 $0 $411,300
2020 $5,614 $388,500 $0 $388,500
2019 $5,433 $359,800 $0 $359,800
2018 $4,911 $319,300 $0 $319,300
Source: Public Records

Agents Affiliated with this Home

  • Sean Connelly

    Seller's Agent in 2021

    Sean Connelly

    William Raveis R.E. & Home Services

    (781) 631-2330

    2 in this area

    97 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Arthur Thompson

    Aluxety

    1 in this area

    10 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Merry Fox Team

    MerryFox Realty

    11 in this area

    272 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72876356

MLS Property Information Network (MLS PIN)

APN: 25-0274-801

Massachusetts Essex County Salem 01970 Broad Street

59 Broad St Unit 1, Salem, MA

This home is located at 59 Broad St Unit 1, Salem, MA 01970 and is currently priced at $470,000, approximately $414 per square foot. This property was built in 1915. 59 Broad St Unit 1 is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Carlton Elementary School.

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