$519,000
SOLD OCT 14, 2022
2 Beds
1 Bath
1,318 Sq Ft
9,975 Sq Ft Lot

Recently Sold

$394 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Jogging Path
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • 3-minute walk to Salem Common

About This Home

As of October 2022

Live in the heart of Salem! This beautiful penthouse loft offers a balance of modern upgrades and historic charm. Exposed brick & beams, soaring ceilings and tons of natural sunlight. Centrally located to the Salem Common, downtown, and Pickering Wharf. Other amenities include in-unit laundry, 1 off-street deeded parking space, central air, and large storage space in basement. Low condo fees and pet friendly!

Last Agent to Sell the Property

Jenny May

J. Barrett & Company Listed on: 08/24/2022

Last Buyer's Agent

Maryellen Mitchell

J. Barrett & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,967

Year Built

  • Built in 1900 | Remodeled

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,318 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Intercom
  • Basement

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4782034

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, snow removal, trash
  • 11 Units
  • Union Square Condominium Community

Amenities

  • Common Area
  • Shops

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,967

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Loft
  • Year Built: 1900
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1.5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood, Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Fourth Floor
  • Room Bedroom2 Features: Skylight, Closet, Flooring - Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Wood, Remodeled, Gas Stove
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Wood
  • Basement: Y
  • Living Area: 1318
  • Stories Total: 2
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 378.6
  • PRICE PER Sq Ft: 393.78
  • MAIN SO: C95243

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Beach Front, Bay, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 309
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association

Fee Information

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

Lot Info

  • Parcel Number: 4782034
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 4
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4967
  • Tax Book Number: 36395

Multi Family

  • Number Of Units Total: 11
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2017
Closed on
Dec 11, 2017
Sold by
Obrien Terri L
Bought by
Jacobson Sarah
Seller's Agent
Susan Olson
MerryFox Realty
Buyer's Agent
Jenny May
J. Barrett & Company
List Price
$369,000
Sold Price
$380,000
Premium/Discount to List
$11,000
2.98%
Total Days on Market
5
Current Estimated Value
$579,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,160
Avg. Annual Appreciation
5.80%
Original Mortgage
$342,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2009
Sold by
6 Union Street Llc
Bought by
Obrien Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 1 Loring Ave Unit 206, Swampscott, MA 01907

    $429,900

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft
    • 1 Loring Ave
    • Unit 206
    • Swampscott, MA

    Welcome to this beautifully maintained single-level living, corner unit offering comfort, style, and convenience. This sun-splashed 2-bedroom, 2-bath home features an open concept layout with wood flooring throughout the living and dining areas, and a private balcony perfect for morning coffee or evening relaxation. The updated kitchen boasts a breakfast bar, ample cabinetry, and a brand-new

    Marcie Gingle William Raveis R.E. & Home Services

    Section Image
  • 7 Curtis St Unit 1, Salem, MA 01970

    $549,900

    • 2 Beds
    • 2.5 Baths
    • 905 Sq Ft
    • 7 Curtis St
    • Unit 1
    • Salem, MA

    This beautifully restored classic mid-19th century home in Salem’s desirable Wharf neighborhood is a must-see. Ideally located just a short distance from Pickering Wharf, the Salem Ferry, and the Commuter Rail – you'll enjoy easy access to all that Salem’s vibrant downtown has to offer. Careful attention was given to preserving the original features of this classic antique. Exposed beams and wood

    Daniel Meegan J. Barrett & Company

    Section Image
  • 4 Boardman St Unit 1, Salem, MA 01970

    $399,000

    • 1 Bed
    • 1 Bath
    • 760 Sq Ft
    • 4 Boardman St
    • Unit 1
    • Salem, MA

    Experience coastal living in this sun-filled first-floor condo, ideally located near Salem Common and just minutes from beautiful Collins Cove, Waikiki, and Dead Horse beaches. This charming home blends historic character with modern updates, featuring high ceilings, original wood moldings, recessed lighting, and vinyl plank flooring throughout. Natural light pours into the open living and

    Maria Rinaldo Lamacchia Realty, Inc.

    Section Image
  • 11 Church St Unit 313, Salem, MA 01970

    $449,900

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft
    • 11 Church St
    • Unit 313
    • Salem, MA

    Spacious Corner Unit ioverlooking the COURTYARD in Salem’s Premier Complex–THE ESSEX. Know for its outstanding amenties & perfectly set in the heart of vibrant downtown, steps from shops, restaurants, museums, boutiques, Salem Common, the cinema, commuter rail, scenic waterfront & MORE.Well maintained, open-concept unit features an expansive living & dining room w/abundant natural light, French

    Maria Salzillo J. Barrett & Company

    Section Image
  • 127 Derby St Unit 1, Salem, MA 01970

    $409,000

    • 1 Bed
    • 1 Bath
    • 763 Sq Ft
    • 127 Derby St
    • Unit 1
    • Salem, MA

    Don’t miss this incredible opportunity to own a piece of Salem’s rich history in one of its most desirable neighborhoods. Located on picturesque and highly sought-after Derby Street, this spacious and inviting first-floor condo offers 763 square feet of thoughtfully designed living space. Featuring one large bedroom and one full bathroom, this unit perfectly blends old-world charm with modern

    Jennifer Crowe Atlantic Coast Homes,Inc

    Section Image
  • 16 Andrew St Unit D, Salem, MA 01970

    $460,000

    • 2 Beds
    • 1 Bath
    • 847 Sq Ft
    • 16 Andrew St
    • Unit D
    • Salem, MA

    Welcome to our charming and sun-filled 2-bedroom, 1-bathroom condominium offering the perfect blend of historic character and modern convenience. Nestled on a quiet, tree-lined street in a desirable neighborhood, this well-maintained home features hardwood floors throughout, high ceilings, and windows that flood the space with natural light. The spacious living room flows into the kitchen, ideal

    Guy Manganiello RE/MAX Renaissance Inc.

    Section Image
  • 140 Washington St Unit 1C, Salem, MA 01970

    $649,000

    • 2 Beds
    • 2 Baths
    • 1,210 Sq Ft
    • 140 Washington St
    • Unit 1C
    • Salem, MA

    Modern, loft style condominium now available in the heart of downtown Salem! Stop renting now and enjoy the pride of ownership or become a landlord and take advantage of a solid property with a strong rental history. This gorgeous home has soaring ceilings, HUGE windows, exposed brick walls, natural post beams, and its drenched in natural light. There are two generous bedrooms, two full baths, a

    Joe Firicano Boston Hub Real Estate

    Section Image
  • 281 Essex St Unit 206, Salem, MA 01970

    $599,000

    • 2 Beds
    • 2 Baths
    • 972 Sq Ft
    • 281 Essex St
    • Unit 206
    • Salem, MA

    Experience unparalleled urban living in this stunning two-bedroom, two-bath corner loft at Latitude Condos, nestled in historic seaside Salem. Flooded with natural light from soaring NEW windows, this home boasts timeless character with exposed brick walls and original maple floors. The gourmet kitchen features stainless steel appliances, a gas range, and an island, while the main bedroom comes

    Jim Armstrong Aluxety

    Section Image
  • 17 Webb St Unit 1, Salem, MA 01970

    $529,000

    • 2 Beds
    • 1 Bath
    • 930 Sq Ft
    • 17 Webb St
    • Unit 1
    • Salem, MA

    Sunny & beautiful 2 bedroom open floor plan condo. Kitchen eatures LG Smart stainless appliances, gas stove with air fryer and quartz countertops. There is washer dryer hookup in-unit. One assigned parking spot, Beacon Hill style paver patio in rear. The location can not be beat. It is close to everything Salem has to offer: dining, shopping, entertainment and the beach! Self managed

    Matt O'Hara Blair Capital, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $380,000 --
Deed $243,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $493,000 Purchase Money Mortgage
Closed $342,000 New Conventional
Previous Owner $185,000 No Value Available
Previous Owner $189,000 Adjustable Rate Mortgage/ARM
Previous Owner $194,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $519,000 +4.0% $394 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $499,000 +31.3% $379 / Sq Ft
12/11/2017 12/11/17 Sold $380,000 +3.0% $288 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/17/2017 10/17/17 Price Changed $369,000 +1.1% $280 / Sq Ft
10/16/2017 10/16/17 Price Changed $364,900 -1.1% $277 / Sq Ft
10/15/2017 10/15/17 For Sale $369,000 -- $280 / 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 $5,502 $485,200 $0 $485,200
2024 $5,342 $459,700 $0 $459,700
2023 $5,279 $422,000 $0 $422,000
2022 $4,967 $374,900 $0 $374,900
2021 $4,711 $341,400 $0 $341,400
2020 $4,751 $328,800 $0 $328,800
2019 $4,509 $298,600 $0 $298,600
2018 $3,954 $257,100 $0 $257,100
2017 $3,876 $244,400 $0 $244,400
2016 $3,667 $234,000 $0 $234,000
2015 $3,733 $227,500 $0 $227,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73028742

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000281-000803-000803