59 Broad St Unit 3 Salem, MA 01970
Broad Street NeighborhoodEstimated Value: $487,000 - $524,000
2
Beds
2
Baths
882
Sq Ft
$200/mo
HOA Fee
Highlights
- Open Floorplan
- Wood Flooring
- Stainless Steel Appliances
- Deck
- Solid Surface Countertops
- 1-minute walk to Broad Street Playground
About This Home
As of November 2021Still on the market ! Welcome home to 59 Broad St Unit #3! This 2 bedroom - 2 full bathroom penthouse condo was fully remodeled in 2016 and is located a half mile from the historic Downtown Salem and commuter rail. Walk into this open concept living/dining/kitchen area with custom cabinets, granite countertops, stainless steel appliances, hardwood floors, crown molding and designer lighting. Additional features include In-Unit laundry, Nest thermostats, new high efficiency gas heating system, gas cooking, and central AC. This pet friendly unit also includes: 2 deeded off-street parking spaces, a low condo fee of $200, basement storage area, private deck, and common yard space. Nothing left to do but move into this immaculate downtown Salem condo!
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 08/12/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,354
Year Built
- 1915
Lot Details
- 5,227
HOA Fees
- $200 per month
Interior Spaces
- Open Floorplan
- Crown Molding
- Sliding Doors
- Dining Area
- Exterior Basement Entry
- Attic Access Panel
- Washer and Electric Dryer Hookup
Kitchen
- Breakfast Bar
- Stove
- Wine Cooler
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom located on third floor
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Separate Shower
Outdoor Features
- Deck
Utilities
- 1 Cooling Zone
- 1 Heating Zone
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2021
Closed on
Nov 22, 2021
Sold by
Forman Hannah
Bought by
Nicolson Fay
Seller's Agent
Timothy Borders
Coldwell Banker Realty - Lynnfield
Buyer's Agent
The Muncey Group
Compass
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,218
Avg. Annual Appreciation
6.05%
Original Mortgage
$305,000
Outstanding Balance
$281,817
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,401
Purchase Details
Listed on
Jul 22, 2020
Closed on
Sep 9, 2020
Sold by
Miller Brian T
Bought by
Forman Hannah
Seller's Agent
The Mavroules Team
Good Deeds Realty Partners
Buyer's Agent
M. J. Taglieri
Options Real Estate Services, LLC
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.01%
Original Mortgage
$394,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 21, 2016
Closed on
Dec 22, 2016
Sold by
59 Broad Street Rt
Bought by
Miller Brian T
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
The Mavroules Team
Good Deeds Realty Partners
List Price
$299,900
Sold Price
$297,500
Premium/Discount to List
-$2,400
-0.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$282,625
Interest Rate
3.57%
Mortgage Type
New Conventional
Similar Homes in Salem, MA
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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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nicolson Fay | $410,000 | None Available | |
| Forman Hannah | $415,000 | None Available | |
| Miller Brian T | $297,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nicolson Fay | $305,000 | |
| Previous Owner | Forman Hannah | $394,250 | |
| Previous Owner | Miller Brian T | $282,625 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2021 11/22/21 | Sold | $410,000 | -3.5% | $465 / Sq Ft |
| 09/23/2021 09/23/21 | Pending | -- | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $425,000 | +2.4% | $482 / Sq Ft |
| 09/14/2020 09/14/20 | Sold | $415,000 | +4.0% | $471 / Sq Ft |
| 07/28/2020 07/28/20 | Pending | -- | -- | -- |
| 07/22/2020 07/22/20 | For Sale | $399,000 | +34.1% | $452 / Sq Ft |
| 12/21/2016 12/21/16 | Sold | $297,500 | -0.8% | $337 / Sq Ft |
| 11/01/2016 11/01/16 | Pending | -- | -- | -- |
| 10/21/2016 10/21/16 | For Sale | $299,900 | -- | $340 / 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 | $5,354 | $472,100 | $0 | $472,100 |
| 2024 | $5,258 | $452,500 | $0 | $452,500 |
| 2023 | $5,321 | $425,300 | $0 | $425,300 |
| 2022 | $5,154 | $389,000 | $0 | $389,000 |
| 2021 | $5,073 | $367,600 | $0 | $367,600 |
| 2020 | $5,014 | $347,000 | $0 | $347,000 |
| 2019 | $4,846 | $320,900 | $0 | $320,900 |
| 2018 | $4,383 | $285,000 | $0 | $285,000 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Borders
Seller's Agent in 2021
Timothy Borders
Coldwell Banker Realty - Lynnfield
(781) 706-1690
1 in this area
29 Total Sales
-
The Muncey Group
Buyer's Agent in 2021
The Muncey Group
Compass
(617) 905-6445
1 in this area
435 Total Sales
-
The Mavroules Team
Seller's Agent in 2020
The Mavroules Team
Good Deeds Realty Partners
(781) 866-6195
1 in this area
150 Total Sales
-
M. J. Taglieri
Buyer's Agent in 2020
M. J. Taglieri
Options Real Estate Services, LLC
(978) 979-0845
3 in this area
72 Total Sales
-
Merry Fox Team
M
Seller's Agent in 2016
Merry Fox Team
MerryFox Realty
13 in this area
271 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72880615
APN: 25-0274-803
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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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