78 Washington Square E Unit 1 Salem, MA 01970
Salem Common NeighborhoodEstimated Value: $437,000 - $539,000
1
Bed
2
Baths
969
Sq Ft
$498/Sq Ft
Est. Value
Highlights
- 0.14 Acre Lot
- Custom Closet System
- Wood Flooring
- Open Floorplan
- Property is near public transit
- 2-minute walk to Salem Common
About This Home
As of June 2023Presenting 78 Washington Square East! Perfectly situated in the heart of downtown Salem, and overlooking the Salem Common, this 2 story, ~1000 sq foot condo boasts 1 bedroom and 2 full baths. Featuring soaring 10 ft ceilings, gorgeous oversized windows & incredible architectural details. The exquisite entry hall leads into a light-filled & peaceful oasis. The sunny first floor offers an open floor plan living/dining room, wet bar, and the first full bathroom. The spiral staircase leads to a beautiful & airy kitchen with stainless steel appliances, granite countertops, fabulous pantry closet & the second full bathroom. Walk through a darling arched doorway to the spacious & bright bedroom, with beautiful built-in closet/storage cabinet. Additional highlights of this well-run association: 2 storage areas, shared laundry, sauna, common yard & patio! Close to amazing Salem restaurants, shopping, cultural & historic offerings, and the commuter rail to Boston. Downtown living at its best!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,501
Year Built
- Built in 1846
Lot Details
- 6,081 Sq Ft Lot
- Garden
HOA Fees
- $324 Monthly HOA Fees
Parking
- Open Parking
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 969 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Crown Molding
- Ceiling Fan
- Decorative Lighting
- Light Fixtures
- Basement
- Laundry in Basement
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on second floor
- Custom Closet System
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Walking Distance to Water
- Patio
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- 2 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Assessor Parcel Number M:35 L:0477 S:801
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
- 5 Units
- Newhall Condominium Community
Amenities
- Common Area
- Shops
- Coin Laundry
- Community Storage Space
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2023
Closed on
Jun 5, 2023
Sold by
Luna-Muse Ren and Luna-Muse Stephen
Bought by
Mayorskiy Anna and Mayorskiy Richard Patrick
Seller's Agent
Andrea Bennett
William Raveis R.E. & Home Services
Buyer's Agent
Kate Richard
J. Barrett & Company
List Price
$399,900
Sold Price
$442,500
Premium/Discount to List
$42,600
10.65%
Total Days on Market
5
Views
154
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
$40,218
Avg. Annual Appreciation
3.72%
Original Mortgage
$398,250
Outstanding Balance
$388,417
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,922
Purchase Details
Closed on
Sep 29, 2006
Sold by
Hughes Brant J and Hughes Heather C
Bought by
Harrison Jaime M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mayorskiy Anna | $442,500 | None Available | |
| Harrison Jaime M | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mayorskiy Anna | $398,250 | |
| Previous Owner | Luna-Muse Ren | $339,000 | |
| Previous Owner | Hughes Brant J | $228,000 | |
| Previous Owner | Hughes Brant J | $242,500 | |
| Previous Owner | Hughes Brant J | $30,000 | |
| Previous Owner | Hughes Brant J | $176,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $442,500 | +10.7% | $457 / Sq Ft |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- |
| 04/11/2023 04/11/23 | For Sale | $399,900 | +11.4% | $413 / Sq Ft |
| 11/13/2020 11/13/20 | Sold | $359,000 | +2.9% | $370 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 09/29/2020 09/29/20 | For Sale | $349,000 | -2.8% | $360 / Sq Ft |
| 08/28/2020 08/28/20 | Off Market | $359,000 | -- | -- |
| 08/25/2020 08/25/20 | For Sale | $349,000 | 0.0% | $360 / Sq Ft |
| 06/07/2019 06/07/19 | Rented | $2,000 | -4.8% | -- |
| 06/04/2019 06/04/19 | Under Contract | -- | -- | -- |
| 05/28/2019 05/28/19 | For Rent | $2,100 | -- | -- |
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 | $4,809 | $424,100 | $0 | $424,100 |
| 2024 | $4,489 | $386,300 | $0 | $386,300 |
| 2023 | $4,501 | $359,800 | $0 | $359,800 |
| 2022 | $4,350 | $328,300 | $0 | $328,300 |
| 2021 | $4,456 | $322,900 | $0 | $322,900 |
| 2020 | $4,296 | $297,300 | $0 | $297,300 |
| 2019 | $4,169 | $276,100 | $0 | $276,100 |
| 2018 | $3,999 | $260,000 | $0 | $260,000 |
| 2017 | $3,748 | $236,300 | $0 | $236,300 |
| 2016 | $3,512 | $224,100 | $0 | $224,100 |
| 2015 | $3,484 | $212,300 | $0 | $212,300 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Bennett
Seller's Agent in 2023
Andrea Bennett
William Raveis R.E. & Home Services
(978) 578-5024
6 in this area
52 Total Sales
-
Kate Richard
Buyer's Agent in 2023
Kate Richard
J. Barrett & Company
(978) 252-0322
3 in this area
71 Total Sales
-
Julie Andrews
Seller's Agent in 2020
Julie Andrews
Keller Williams Realty Evolution
(978) 290-1495
3 in this area
34 Total Sales
-
M
Buyer's Agent in 2019
Michael Rowe
Amo Realty - Boston City Properties
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73096978
APN: SALE-000035-000000-000477-000801-000801
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.
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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