78 Washington Square Unit 5 Salem, MA 01970
Salem Common NeighborhoodEstimated Value: $521,000 - $548,000
2
Beds
1
Bath
1,197
Sq Ft
6,098
Sq Ft Lot
About This Home
As of October 2020Located in the Historic District of Salem, this beautiful penthouse two-bedroom unit with a bonus office and private parking offer classic modern finishes while taking advantage of light and space. Open living/dining area that is flanked with a wood-burning fireplace and features hardwood floors and modern light fixtures throughout. The kitchen is complete with granite counters and updated stainless steel appliances. Master bedroom features a walk-in closet, storage, and plenty of room for a king-size bed. The exquisite bathroom is tiled with a glass walk-in rain shower. Updated electricity and new subpanel installed. Enjoy the shared patio in a perfectly sun-lit yard, or sit comfortably on your front steps and appreciate the stunning and meticulously maintained, Salem Common. Pet-friendly association and only seconds from Salem Common, Commuter Rail, Pickering Wharf, and Salem's vibrant downtown area!
Last Listed By
Emmanuel Paul
Redfin Corp. Listed on: 06/25/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,198
Year Built
- Built in 1820
Lot Details
- 6,098
Parking
- 1 Car Garage
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood Flooring
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Gas
Additional Features
- Basement
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:35 L:0477 S:805
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2020
Closed on
Aug 24, 2020
Sold by
Hagar Jennifer L and Hogan Matthew K
Bought by
Martinez Luis
Seller's Agent
Emmanuel Paul
Redfin Corp.
Buyer's Agent
Non Member
Non Member Office
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Total Days on Market
21
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
$144,667
Avg. Annual Appreciation
7.04%
Original Mortgage
$308,000
Outstanding Balance
$277,027
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$250,055
Purchase Details
Listed on
Apr 27, 2017
Closed on
Jun 27, 2017
Sold by
Martinez Robert J and Nucci Cora
Bought by
Hagar Jennifer L and Hogan Matthew K
Seller's Agent
Alliance Home Team
RE/MAX Legacy
Buyer's Agent
Emmanuel Paul
Redfin Corp.
List Price
$339,000
Sold Price
$339,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$314,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2010
Sold by
Gilbo Darcy
Bought by
Martinez Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 26, 2003
Sold by
Neal Penelope P
Bought by
Gilbo Darcy
Purchase Details
Closed on
Aug 24, 2001
Sold by
Skomurski Jospeh A
Bought by
Neal Penelope P
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 the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez Luis | $385,000 | None Available | |
| Hagar Jennifer L | $339,000 | -- | |
| Martinez Robert J | $307,500 | -- | |
| Gilbo Darcy | $302,000 | -- | |
| Neal Penelope P | $229,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Luis | $308,000 | |
| Previous Owner | Hagar Jennifer L | $314,000 | |
| Previous Owner | Martinez Robert J | $258,000 | |
| Previous Owner | Neal Penelope P | $270,000 | |
| Previous Owner | Neal Penelope P | $276,750 | |
| Previous Owner | Neal Penelope P | $302,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2020 10/08/20 | Sold | $385,000 | -3.7% | $322 / Sq Ft |
| 07/16/2020 07/16/20 | Pending | -- | -- | -- |
| 06/25/2020 06/25/20 | For Sale | $399,900 | +18.0% | $334 / Sq Ft |
| 06/27/2017 06/27/17 | Sold | $339,000 | 0.0% | $283 / Sq Ft |
| 05/12/2017 05/12/17 | Pending | -- | -- | -- |
| 05/11/2017 05/11/17 | For Sale | $339,000 | 0.0% | $283 / Sq Ft |
| 05/06/2017 05/06/17 | Pending | -- | -- | -- |
| 04/27/2017 04/27/17 | For Sale | $339,000 | -- | $283 / Sq Ft |
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 | $5,198 | $458,400 | $0 | $458,400 |
| 2024 | $5,028 | $432,700 | $0 | $432,700 |
| 2023 | $5,269 | $421,200 | $0 | $421,200 |
| 2022 | $5,107 | $385,400 | $0 | $385,400 |
| 2021 | $5,626 | $407,700 | $0 | $407,700 |
| 2020 | $5,438 | $376,300 | $0 | $376,300 |
| 2019 | $5,277 | $349,500 | $0 | $349,500 |
| 2018 | $5,031 | $327,100 | $0 | $327,100 |
| 2017 | $4,731 | $298,300 | $0 | $298,300 |
| 2016 | $4,435 | $283,000 | $0 | $283,000 |
| 2015 | $4,378 | $266,800 | $0 | $266,800 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Emmanuel Paul
Redfin Corp.
(617) 877-9560
-
N
Buyer's Agent in 2020
Non Member
Non Member Office
-
A
Seller's Agent in 2017
Alliance Home Team
RE/MAX
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72680242
APN: SALE-000035-000000-000477-000805-000805
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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