$339,000
SOLD JUN 27, 2017

78 Washington Square Unit 5 Salem, MA 01970

Salem Common Neighborhood
2 Beds
1 Bath
1,197 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$283 Per Sq Ft

15 Days on Market

About This Home

As of October 2020

Stunning Penthouse unit overlooking Salem Common. This exceptional 2-bedroom condo in a historic district has much to offer with an elegant kitchen with granite and stainless steel appliances, exquisite tiled bathroom with walk-in shower, open living room/dining room with fireplace, two large and sunny bedrooms including a master bedroom with walk in closet, an additional room for an office with a sliding barn door, amazing wood flooring throughout, off street parking with a deeded garage space exclusive to this unit (rare) and a common yard and patio space to enjoy. Live in the heart of Salem and enjoy all that a great location like this has to offer with shops, museums, beaches, restaurants, attractions, events and more.

Last Agent to Sell the Property

Alliance Home Team

RE/MAX Legacy

Last Buyer's Agent

Emmanuel Paul

Redfin Corp.

Redfin Corp.

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
15
Current Estimated Value
$529,667

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

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,198

Year Built

1820

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Renovated Since
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1820

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 5
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Bedroom 2: Third Floor
  • Bathroom #1: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Basement
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Closet - Walk-in, Flooring - Wood
  • Dining Room: Third Floor
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: AC1887
  • Main So: NB3534

Exterior Features

  • Exterior: Clapboard
  • Exterior Unit Features: Patio

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener
  • Garage Spaces: 1
  • Parking: Deeded
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • 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
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 5
  • Unit Building: 5

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2
  • Acre: 0.14
  • Lot Size: 6080.00

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Not Resolvable $385,000 None Available
Not Resolvable $339,000 --
Deed $307,500 --
Deed $302,000 --
Deed $229,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,000 New Conventional
Previous Owner $314,000 New Conventional
Previous Owner $258,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $270,000 No Value Available
Previous Owner $276,750 Purchase Money Mortgage
Previous Owner $302,000 No Value Available
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

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

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72154314

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000477-000805-000805