NOT LISTED FOR SALE

70 Washington Square Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $481,000 - $523,000

2 Beds
1.5 Baths
940 Sq Ft
$245/mo HOA Fee

Last Sold July 25, 2022

Last sale price $425,000 $452 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,273/month

10 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Solid Surface Countertops
  • 1-minute walk to Derby Garden

About This Home

As of July 2022

Welcome to your new home in the heart of Salem! Overlooking Salem Common, this historic beauty has been well maintained and boasts an open concept first floor, perfect for entertaining. The half bath off the kitchen includes convenient stacked washer/dryer. You'll love the charming wood floors and natural light that floods this home. Bedrooms are good sized and have plenty of storage in the closets, not to mention the additional designated storage unit in the basement. Most importantly, you'll be just moments away from all of Salem's amazing festivities on the Salem Common, and only a few blocks from the historic downtown and the MBTA commuter rail. Don't miss this one!

Last Agent to Sell the Property

Michelle Bettencourt

Nina-Soto Realty, LLC Listed on: 06/01/2022

Last Buyer's Agent

Anchor Team RE

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,762

Year Built

  • Built in 1890

Lot Details

  • 5,663

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 940 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Skylights
  • Light Fixtures
  • Insulated Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Laundry in Bathroom
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0426 S:808,4708419

Community Details

Overview

  • Association fees include water, insurance, maintenance structure
  • 8 Units

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,762

Year Built

Built in 1890

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Attached
  • Year Built: 1890
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Skylight, Flooring - Wood, Lighting - Overhead
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Wood, Lighting - Overhead
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - 1/4, Flooring - Stone/Ceramic Tile, Gas Stove, Lighting - Overhead
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Open Floorplan, Lighting - Overhead
  • Laundry Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Second Floor
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Wood, Open Floorplan, Lighting - Overhead
  • Living Area: 940
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN6324
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 245
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Public School
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: M:35 L:0426 S:808,4708419
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5563
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4762

Multi Family

  • Number Of Units Total: 8
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 25, 2022
Sold by
Bryan Christopher M and Bryan Diane M
Bought by
Ahern Michael and Alch Christina
Seller's Agent
Michelle Bettencourt
Nina-Soto Realty, LLC
Buyer's Agent
Anchor Team RE
LAER Realty Partners
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%
Current Estimated Value
$499,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,065
Avg. Annual Appreciation
4.88%
Original Mortgage
$395,250
Outstanding Balance
$376,488
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,577

Purchase Details

Closed on
Jun 6, 2007
Sold by
Renewal Re Llc
Bought by
Morrison Shawn F and Smith Amanda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ahern Michael $425,000 None Available
Morrison Shawn F $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahern Michael $395,250
Previous Owner Morrison Shawn F $232,282
Previous Owner Morrison Shawn F $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2022 07/25/22 Sold $425,000 -3.2% $452 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $439,000 +67.6% $467 / Sq Ft
07/24/2015 07/24/15 Sold $262,000 0.0% $279 / Sq Ft View Prior Sale
07/13/2015 07/13/15 Pending -- -- --
06/06/2015 06/06/15 Off Market $262,000 -- --
05/11/2015 05/11/15 Price Changed $269,000 -3.9% $286 / Sq Ft
04/27/2015 04/27/15 For Sale $280,000 -- $298 / 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 $4,922 $434,000 $0 $434,000
2024 $4,830 $415,700 $0 $415,700
2023 $4,769 $381,200 $0 $381,200
2022 $4,762 $359,400 $0 $359,400
2021 $4,725 $342,400 $0 $342,400
2020 $4,599 $318,300 $0 $318,300
2019 $4,574 $302,900 $0 $302,900
2018 $4,200 $273,100 $0 $273,100
2017 $4,009 $252,800 $0 $252,800
2016 $3,687 $235,300 $0 $235,300
2015 $3,669 $223,600 $0 $223,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72990037

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000426-000808-000808