8 Brown St Unit 3 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $351,000 - $448,000
1
Bed
1
Bath
707
Sq Ft
$297/mo
HOA Fee
Highlights
- Marina
- Property is near public transit
- Solid Surface Countertops
- Medical Services
- Wood Flooring
- 2-minute walk to Salem Common
About This Home
As of August 2022Perfectly situated in the heart of downtown, historic Salem, welcome home to 8 Brown Street. This third floor unit boasts an open-concept main living floor plan, presenting a seamless collaboration of original architectural details and convenient, modern updates. A spacious kitchen overlooks the living area while offering stainless steel appliances, gas cooking, granite countertops, recessed lighting and breakfast bar with seating. Original pine wood floors have been wonderfully preserved and span throughout the unit. This home offers a well-sized bedroom with walk-in closet and full bathroom including bath tub & shower. Includes 1 off-street parking space. Immerse yourself in the Salem lifestyle and embrace the opportunity to enjoy all that it offers from your front doorstep. You are seconds from Salem Commons, Pickering Wharf, shopping, restaurants and historic landmarks. This home is minutes away from the commuter rail and Salem Ferry and is close proximity to Rt. 128.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,825
Year Built
- Built in 1809
Lot Details
- 3,049
HOA Fees
- $297 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 707 Sq Ft Home
- 3-Story Property
- Crown Molding
- Recessed Lighting
- Living Room with Fireplace
- Basement
Kitchen
- Breakfast Bar
- Stove
- Range with Range Hood
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Pine Flooring
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on third floor
- Walk-In Closet
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Salem Elementary And Middle School
- Salem High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Connected
- Internet Available
Listing and Financial Details
- Assessor Parcel Number M:35 L:0185 S:803,4318476
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, snow removal
- 5 Units
- Mid-Rise Condominium
- Eight Brown Street Condominium Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Jogging Path
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2022
Closed on
Aug 26, 2022
Sold by
Sunkenberg James R
Bought by
Gathman Hannah
Seller's Agent
Kevin Fruh
Gibson Sotheby's International Realty
Buyer's Agent
Kevin Mccafferty
RyVal Homes
List Price
$335,000
Sold Price
$388,000
Premium/Discount to List
$53,000
15.82%
Total Days on Market
4
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
$28,941
Avg. Annual Appreciation
2.01%
Original Mortgage
$328,000
Outstanding Balance
$316,502
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,170
Purchase Details
Listed on
Jul 24, 2019
Closed on
Sep 18, 2019
Sold by
Yoffe Ariel
Bought by
Sunkenberg James R
Seller's Agent
Nick Russo
Coldwell Banker Realty - Marblehead
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$299,900
Sold Price
$299,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$284,905
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 2, 2017
Closed on
Nov 20, 2017
Sold by
Abbate Kennan E
Bought by
Yoffe Ariel
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Judy Toner
The Proper Nest Real Estate
List Price
$299,000
Sold Price
$299,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%
Original Mortgage
$239,200
Interest Rate
2.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 8, 2003
Sold by
Brown St Salem Rt
Bought by
Abbate Kennan E and Abbate Kennan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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 Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gathman Hannah | $388,000 | None Available | |
| Sunkenberg James R | $299,900 | -- | |
| Yoffe Ariel | $299,000 | -- | |
| Abbate Kennan E | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gathman Hannah | $328,000 | |
| Previous Owner | Sunkenberg James R | $284,905 | |
| Previous Owner | Yoffe Ariel | $239,200 | |
| Previous Owner | Abbate Kennan E | $156,000 | |
| Previous Owner | Abbate Kennan E | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2022 08/26/22 | Sold | $388,000 | +15.8% | $549 / Sq Ft |
| 07/27/2022 07/27/22 | Off Market | $335,000 | -- | -- |
| 07/11/2022 07/11/22 | Pending | -- | -- | -- |
| 07/06/2022 07/06/22 | For Sale | $335,000 | +11.7% | $474 / Sq Ft |
| 09/20/2019 09/20/19 | Sold | $299,900 | 0.0% | $424 / Sq Ft |
| 08/09/2019 08/09/19 | Pending | -- | -- | -- |
| 07/24/2019 07/24/19 | For Sale | $299,900 | +0.3% | $424 / Sq Ft |
| 11/20/2017 11/20/17 | Sold | $299,000 | 0.0% | $423 / Sq Ft |
| 10/06/2017 10/06/17 | Pending | -- | -- | -- |
| 10/02/2017 10/02/17 | For Sale | $299,000 | -- | $423 / 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 | $4,380 | $386,200 | $0 | $386,200 |
| 2024 | $4,297 | $369,800 | $0 | $369,800 |
| 2023 | $4,338 | $346,800 | $0 | $346,800 |
| 2022 | $3,825 | $288,700 | $0 | $288,700 |
| 2021 | $3,841 | $278,300 | $0 | $278,300 |
| 2020 | $3,589 | $248,400 | $0 | $248,400 |
| 2019 | $3,428 | $227,000 | $0 | $227,000 |
| 2018 | $2,948 | $191,700 | $0 | $191,700 |
| 2017 | $2,967 | $187,100 | $0 | $187,100 |
| 2016 | $2,756 | $175,900 | $0 | $175,900 |
| 2015 | $2,729 | $166,300 | $0 | $166,300 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Fruh
Seller's Agent in 2022
Kevin Fruh
Gibson Sotheby's International Realty
(978) 500-7409
1 in this area
254 Total Sales
-
Rachel Mello
R
Seller Co-Listing Agent in 2022
Rachel Mello
Gibson Sotheby's International Realty
1 in this area
110 Total Sales
-
Kevin Mccafferty
Buyer's Agent in 2022
Kevin Mccafferty
RyVal Homes
(978) 869-4584
3 in this area
56 Total Sales
-
Nick Russo
Seller's Agent in 2019
Nick Russo
Coldwell Banker Realty - Marblehead
(781) 775-3772
14 Total Sales
-
Merry Fox Team
M
Buyer's Agent in 2019
Merry Fox Team
MerryFox Realty
61 in this area
281 Total Sales
-
Pam McKee
Seller's Agent in 2017
Pam McKee
Keller Williams Realty Evolution
(978) 500-4047
8 in this area
106 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73007627
APN: SALE-000035-000000-000185-000803-000803
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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