NOT LISTED FOR SALE

78 Washington Square Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $489,000 - $558,782

2 Beds
1 Bath
1,200 Sq Ft
6,098 Sq Ft Lot

Last Sold February 28, 2017

Last sale price $347,000 $289 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,446/month

5 Days on Market

About This Home

As of February 2017

Live right in the heart of Salem, overlooking the historic Salem Common! 78 Washington Square's exquisite entry leads you into a light-filled living area with oversized windows, soaring ceilings and a unique chandelier. Step through the french doors to the hall, with large walk-in closet, bedroom and bath. The spacious kitchen features lots of counter-space and plenty of room to gather around a large table. In the master bedroom, you will find double closets, as well as a separate room that could be an office, dressing room, etc., and includes in-unit laundry. Your back door leads directly out to the grassy backyard and patio and one-car garage, plus additional off-street parking space. A property like this in beautiful downtown Salem, with two bedrooms, high ceilings, outdoor space, two off-street parking spaces, pet-friendly and in-unit laundry is a rare find. Make it your home and enjoy all the shops, restaurants, attractions and events Salem has to offer, right outside your door!

Last Listed By

1 North

Lux Realty North Shore Listed on: 01/05/2017

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,585

Year Built

1820

Lot Details

0

Listing Details

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

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Public School, T-Station, University
  • No Living Levels: 1

Exterior Features

  • Exterior: Wood
  • Exterior Unit Features: Deck - Wood, Patio

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 5
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:35 L:0477 S:802
  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2001
Sold by
Skomurski Joseph A
Bought by
Wemmer Todd J
Total Days on Market
5
Current Estimated Value
$535,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,320
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

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
Wemmer Todd J $230,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Estevan $98,364
Closed Martinez Estevan $25,000
Open Martinez Estevan $312,300
Closed Wemmer Todd J $210,000
Closed Wemmer Todd J $208,900
Closed Wemmer Todd J $184,320
Closed Wemmer Todd J $23,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $347,000 +15.7% $289 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $300,000 -- $250 / 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 $5,585 $492,500 $0 $492,500
2024 $5,365 $461,700 $0 $461,700
2023 $5,473 $437,500 $0 $437,500
2022 $5,088 $384,000 $0 $384,000
2021 $5,445 $394,600 $0 $394,600
2020 $5,245 $363,000 $0 $363,000
2019 $5,083 $336,600 $0 $336,600
2018 $4,859 $315,900 $0 $315,900
2017 $4,563 $287,700 $0 $287,700
2016 $4,273 $272,700 $0 $272,700
2015 $4,234 $258,000 $0 $258,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72105599

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000477-000802-000802