NOT LISTED FOR SALE

75 Summer St Unit 1 Salem, MA 01970

Broad Street Neighborhood

Estimated Value: $323,000 - $360,000

1 Bed
1 Bath
780 Sq Ft
$438/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $180,000 $231 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,171/month

About This Home

As of August 2016

Fabulous downtown chic first floor one bedroom condo with open concept kitchen and living room, extremely high ceilings, exposed brick, updated bath with large shower ,newer in-unit washer/dryer, additional storage and one car off street parking . Walk to train and ferry to Boston, shopping, museums, waterfront and night life.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2017
Sold by
Merry Betsy
Bought by
Merrymakers Rt
Current Estimated Value
$341,844

Purchase Details

Listed on
Aug 24, 2016
Closed on
Aug 30, 2016
Sold by
Powell Aileen A
Bought by
Merry Betsy
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
Sold Price
$1,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$144,000
Interest Rate
3.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 5, 2012
Closed on
Feb 28, 2013
Sold by
Nigro Rachael A
Bought by
Powell Aileen A
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$134,900
Sold Price
$119,900
Premium/Discount to List
-$15,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$113,900
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Sprague Bridget L
Bought by
Nigro Rachael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1998
Sold by
Tarantino Lynne K and Stamas Lynne K
Bought by
Sprague Bridgett L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1987
Sold by
Summer St Trust
Bought by
Stamas Lynne K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Merrymakers Rt -- --
Merry Betsy $180,000 --
Powell Aileen A $119,900 --
Nigro Rachael A $173,000 --
Sprague Bridgett L $62,000 --
Stamas Lynne K $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merry Betsy $144,000
Previous Owner Powell Aileen A $113,900
Previous Owner Stamas Lynne K $54,000
Previous Owner Stamas Lynne K $138,400
Previous Owner Stamas Lynne K $49,600
Previous Owner Stamas Lynne K $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2018 09/01/18 Rented $1,450 0.0% --
08/16/2018 08/16/18 Under Contract -- -- --
08/06/2018 08/06/18 For Rent $1,450 0.0% --
09/16/2016 09/16/16 Rented $1,450 0.0% --
09/14/2016 09/14/16 Under Contract -- -- --
09/02/2016 09/02/16 Price Changed $1,450 0.0% $2 / Sq Ft
08/30/2016 08/30/16 Sold $180,000 0.0% $275 / Sq Ft
08/24/2016 08/24/16 For Rent $1,500 0.0% --
07/25/2016 07/25/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $179,900 +50.0% $275 / Sq Ft
02/28/2013 02/28/13 Sold $119,900 -7.7% $183 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
01/02/2013 01/02/13 Price Changed $129,900 -3.7% $198 / Sq Ft
10/05/2012 10/05/12 For Sale $134,900 -- $206 / Sq Ft

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 $3,113 $274,500 $0 $274,500
2024 $3,005 $258,600 $0 $258,600
2023 $2,925 $233,800 $0 $233,800
2022 $2,806 $211,800 $0 $211,800
2021 $2,788 $202,000 $0 $202,000
2020 $2,718 $188,100 $0 $188,100
2019 $2,646 $175,200 $0 $175,200
2018 $2,296 $149,300 $0 $149,300
2017 $2,236 $141,000 $0 $141,000
2016 $2,065 $131,800 $0 $131,800
2015 $2,105 $128,300 $0 $128,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Merry Fox Team

    MerryFox Realty

    13 in this area

    282 Total Sales

    Merry Fox Team
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Betsy Merry

    MerryFox Realty

    Section Image
  • Maggie Gibson

    Seller's Agent in 2016

    Maggie Gibson

    MerryFox Realty

    (978) 852-1566

    1 in this area

    31 Total Sales

    Maggie Gibson
    Section Image
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Map

Massachusetts Essex County Salem 01970 Broad Street

75 Summer St Unit 1, Salem, MA

This home is located at 75 Summer St Unit 1, Salem, MA 01970 and is currently estimated at $341,844, approximately $438 per square foot. 75 Summer St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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