$430,000
SOLD MAR 26, 2020
2 Beds
2 Baths
1,107 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$388 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • Wood Flooring
  • Wine Refrigerator
  • 1-minute walk to Broad Street Playground

About This Home

As of February 2023

Fifty nine Broad features sophisticated condominium living. This stunning second floor flat features an open floor plan, contemporary state of the art kitchen includes stainless appliances with granite and stainless appliances, wine cooler, stunning living room that boasts of gleaming hardwood floors, designer lighting, crown moldings, front veranda and an additional back deck. The unit includes 2 bedrooms and 2 fabulous designer baths. The systems features new high efficiency heating systems, new electric, and video door bell that connects to your smart phone, great storage and deeded garage parking. Embrace the metropolitan lifestyle and easy access to transportation Salem has to offer. offers due Tuesday,Feb. 18 by noon

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 02/12/2020

Co-Listed By

Betsy Merry

MerryFox Realty

Last Buyer's Agent

Samnang Tith Hutton

Redfin Corp. License #449592525

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,888

Year Built

  • Built in 1915

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0274 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,888

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 378.41
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1915

Interior Features

  • Flooring: Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator - Wine Storage
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor
  • Bathroom 2: On Level: Second Floor
  • No Rooms: 5
  • Dining Room: On Level: Second Floor
  • Kitchen: On Level: Second Floor
  • Laundry: On Level: Second Floor
  • Living Room: On Level: Second Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95279
  • Main So: NB3534
  • Estimated Sq Ft: 1107.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame, Brick
  • Roof Material: Slate
  • Insulation Feature: Full
  • Exterior Unit Features: Porch, Deck, Patio

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Ductless Mini-Split System
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Bike Path, Conservation Area, Public School, T-Station, University
  • HOA Fees: 225.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Landscaping
  • Condo Association: Yes

Lot Info

  • Assessments: 387200.00
  • Acre: 0.12
  • Lot Size: 5227.00
  • Page: 566
  • Parcel Number: M:25 L:0274 S:802
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5636.54
  • Assessor Parcel Number: 5000169

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 24, 2023
Sold by
Lopez Freddie and Pulecio-Pulgarin Maurico
Bought by
Fahey Kathryn and Smith Connor
Seller's Agent
Anne Garcia
Redfin Corp.
Buyer's Agent
Stephanie Jones
Leading Edge Real Estate
List Price
$519,900
Sold Price
$520,000
Premium/Discount to List
$100
0.02%
Views
55
Current Estimated Value
$557,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,839
Avg. Annual Appreciation
3.05%
Original Mortgage
$468,000
Outstanding Balance
$455,348
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,491

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 20, 2020
Sold by
Petersen Craig
Bought by
Lopez Freddie and Lopez Pulecio
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Samnang Tith Hutton
Redfin Corp.
List Price
$418,900
Sold Price
$430,000
Premium/Discount to List
$11,100
2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$387,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jan 18, 2017
Sold by
59 Broad Street Rt
Bought by
Petersen Craig
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$318,250
Interest Rate
4.13%
Mortgage Type
New Conventional
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 $520,000 None Available
Condominium Deed $430,000 None Available
Not Resolvable $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,000 Purchase Money Mortgage
Previous Owner $387,000 New Conventional
Previous Owner $318,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $520,000 0.0% $470 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $519,900 +20.9% $470 / Sq Ft
03/26/2020 03/26/20 Sold $430,000 +2.6% $388 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $418,900 +25.0% $378 / Sq Ft
01/17/2017 01/17/17 Sold $335,000 -1.4% $295 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
11/15/2016 11/15/16 Price Changed $339,900 -1.5% $299 / Sq Ft
11/04/2016 11/04/16 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 $5,888 $519,200 $0 $519,200
2024 $5,790 $498,300 $0 $498,300
2023 $5,916 $472,900 $0 $472,900
2022 $5,740 $433,200 $0 $433,200
2021 $5,655 $409,800 $0 $409,800
2020 $5,595 $387,200 $0 $387,200
2019 $5,418 $358,800 $0 $358,800
2018 $4,891 $318,000 $0 $318,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72618853

MLS Property Information Network (MLS PIN)

APN: 25-0274-802