59 Broad St Unit 3 Salem, MA 01970
Broad Street Neighborhood
2
Beds
2
Baths
882
Sq Ft
5,227
Sq Ft Lot
About This Home
As of November 2021Fifty nine Broad is Salem's newest address for sophististicated condominium living. This stunning penthouse features an open floor plan, contemporary state of the art kitchen includes stainless appliances and granite, wine cooler, stunning living room that boasts of gleaming hardwood floors, designer lighting, crown moldings and private veranda. The unit includes 2 bedrooms and 2 fabulous designer baths. The systems include new high efficiency heating systems, nest thermostats, new electric, and video door bell that connects to your smart phone, great storage and deeded parking. Embrace the metropolitan lifestyle and easy access to transportation Salem has to offer. Unit comes with 14month home warranty.
Property Details
Home Type
Condominium
Est. Annual Taxes
$5,354
Year Built
1900
Lot Details
0
Listing Details
- Unit Level: 3
- Unit Placement: Top/Penthouse
- Property Type: Condominium/Co-Op
- Other Agent: 2.25
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1900
Interior Features
- Appliances: Range, Dishwasher, Disposal, Refrigerator
- Has Basement: Yes
- Primary Bathroom: Yes
- Number of Rooms: 4
- Amenities: Public Transportation, Shopping, Park, Golf Course, Marina, T-Station, University
- Electric: Circuit Breakers
- Flooring: Hardwood
- Insulation: Full
- Bedroom 2: Third Floor
- Bathroom #1: Third Floor
- Bathroom #2: Third Floor
- Kitchen: Third Floor
- Living Room: Third Floor
- Master Bedroom: Third Floor
- Dining Room: Third Floor
- No Living Levels: 1
Exterior Features
- Roof: Slate
- Exterior Unit Features: Porch, Deck
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 2
Utilities
- Cooling: Central Air
- Heating: Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
- Pets Allowed: Yes
- No Units: 3
- Unit Building: 3
Lot Info
- Assessor Parcel Number: M:25 L:0274
- Zoning: Res
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
$90,483
Avg. Annual Appreciation
5.88%
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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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $410,000 | None Available | |
| Condominium Deed | $415,000 | None Available | |
| Not Resolvable | $297,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $305,000 | Purchase Money Mortgage | |
| Previous Owner | $394,250 | New Conventional | |
| Previous Owner | $282,625 | New Conventional |
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
-
Seller's Agent in 2021
Timothy Borders
Coldwell Banker Realty - Lynnfield
(781) 706-1690
1 in this area
28 Total Sales
-
Buyer's Agent in 2021
The Muncey Group
Compass
(617) 905-6445
1 in this area
439 Total Sales
-
Seller's Agent in 2020
The Mavroules Team
Good Deeds Realty Partners
(781) 866-6195
1 in this area
148 Total Sales
-
Buyer's Agent in 2020
M. J. Taglieri
Options Real Estate Services, LLC
(978) 979-0845
3 in this area
71 Total Sales
-
M
Seller's Agent in 2016
Merry Fox Team
MerryFox Realty
11 in this area
272 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72084573
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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