$276,000
SOLD NOV 14, 2016

78 Washington Square Unit 1 Salem, MA 01970

Salem Common Neighborhood
1 Bed
2 Baths
969 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

2% Above List Price

6 Days on Market

About This Home

As of January 2017

Live in the heart of Salem, overlooking Salem Common, in this stunning condo! This gorgeous unit has all the modern conveniences coupled with unique period charm--soaring ceilings, gleaming hardwood floors, curved walls, intricate woodwork, and oversized windows flooded with light. The flexible floorplan features a large living area, full bath and wet bar on the first floor (currently used as a spacious master suite). On the second floor, enjoy the eat-in kitchen with brand-new stainless steel appliances and pantry, bedroom, and second full bathroom. Also included are two additional private storage areas and a common grassy yard and patio. Enjoy all the shops, restaurants, attractions and events Salem has to offer, right outside your front door! Showings begin at open houses Sat & Sun.

Last Agent to Sell the Property

1 North

Lux Realty North Shore Listed on: 09/28/2016

Last Buyer's Agent

Karen Dirocco

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,809

Year Built

1820

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
  • Flooring: Wood
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • No Living Levels: 2

Exterior Features

  • Exterior: Wood
  • Exterior Unit Features: Patio

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 5
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:35 L:0477 S:801
  • 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
Current Estimated Value
$487,458

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
$390,281
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,047

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

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Range of Values:

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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
Condominium Deed $442,500 None Available
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $398,250 Purchase Money Mortgage
Previous Owner $339,000 New Conventional
Previous Owner $228,000 No Value Available
Previous Owner $242,500 Purchase Money Mortgage
Previous Owner $30,000 No Value Available
Previous Owner $176,000 No Value Available
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72074405

MLS Property Information Network (MLS PIN)

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