NOT LISTED FOR SALE

78 Washington Square Unit 1 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $444,000 - $515,000

1 Bed
1 Bath
821 Sq Ft
6,098 Sq Ft Lot

Last Sold January 30, 2017

Last sale price $190,000 $231 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,110/month

16 Days on Market

About This Home

As of January 2017

Welcome to Washington Square! One of Salem's most sought-after areas across from the historical Salem Common. This delightful condo has an open floor plan that makes great use of the space! Large kitchen with breakfast bar, separate dining area, spacious living room and oversized bedroom with fully renovated tiled bath. Unit features include: in-unit washer and dryer, new flooring and recessed lighting throughout, built-in bookshelves, generous closet space and extra storage. Pet friendly, 5-unit association offers a private yard with inviting patio and grill area and low condo fees. This inviting condo is a great rental alternative. Live here while building equity! The unit has had a strong rental history so could also make this a good investment. Your choice! Walk to beach, downtown, restaurants, museums, shopping, harbor and commuter train. Take advantage of all that Salem has to offer!

Last Agent to Sell the Property

Sheri Trocchi

J. Barrett & Company Listed on: 11/01/2016

Last Buyer's Agent

Sheri Trocchi

J. Barrett & Company Listed on: 11/01/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,809

Year Built

1820

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Back, Lower Level
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1820

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Insulation: Full
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Newhall Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Extra Storage
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 5
  • Unit Building: 6

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Luna-Muse Ren and Luna-Muse Stephen
Bought by
Mayorskiy Anna and Mayorskiy Richard Patrick
Total Days on Market
16
Current Estimated Value
$494,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,250
Outstanding Balance
$391,656
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

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
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
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
01/30/2017 01/30/17 Sold $190,000 -31.2% $231 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/14/2016 11/14/16 Sold $276,000 +38.7% $285 / Sq Ft
11/01/2016 11/01/16 For Sale $199,000 -26.3% $242 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $269,900 -- $279 / 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 $4,809 $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

  • Sheri Trocchi

    Seller's Agent in 2017

    Sheri Trocchi

    J. Barrett & Company

    (617) 852-4051

    66 Total Sales

    Section Image

  • 1

    Seller's Agent in 2016

    1 North

    Lux Realty North Shore

  • K

    Buyer's Agent in 2016

    Karen Dirocco

    Keller Williams Realty Evolution

    (781) 718-7392

    12 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72088166

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000477-000801-000801

Massachusetts Essex County Salem 01970 Salem Common

78 Washington Square Unit 1, Salem, MA

This home is located at 78 Washington Square Unit 1, Salem, MA 01970 since 01 November 2016 and is currently estimated at $487,458, approximately $593 per square foot. This property was built in 1820. 78 Washington Square Unit 1 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

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MLS Property Information Network (MLS PIN) 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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