NOT LISTED FOR SALE

8 Brown St Unit 4 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $334,000 - $425,000

1 Bed
1 Bath
557 Sq Ft
$194/mo HOA Fee

Last Sold August 24, 2021

Last sale price $299,900 $538 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,499/month

59 Days on Market

Highlights

  • Wood Flooring
  • Dual Closets
  • Recessed Lighting
  • Solid Surface Countertops
  • Bathtub with Shower
  • 2-minute walk to Salem Common

About This Home

As of August 2021

Situated on the top floor of a home built for a noted Salem merchant circa 1809, this updated one-bedroom condo epitomizes the best of Salem living with its historic charm and modern updates. This light and airy unit feature gleaming hardwood floors, an ample-sized living room with a working fireplace; an updated kitchen with a dining area; and a nice-sized bedroom leading to the en-suite bathroom. The low condo fee ($193.63) includes heat, hot water, and common laundry. The pet-friendly and well-maintained association includes off-street parking and additional basement storage. This unit is located moments from Salem Common, Peabody Essex Museum, commuter rail to Boston, and all of the renowned sights of Downtown Salem.

Last Agent to Sell the Property

Melissa Weinand

William Raveis R.E. & Home Services Listed on: 04/20/2021

William Raveis R.E. & Home Services

Co-Listed By

Tyson Lynch

The Proper Nest Real Estate

Last Buyer's Agent

Thomas Morrissey

eXp Realty License #456010654

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,605

Year Built

  • 1809

Lot Details

  • 3,049

HOA Fees

  • $194 per month

Home Design

  • Updated or Remodeled

Interior Spaces

  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Dining Area
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Dual Closets
  • Bathtub with Shower

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,605

Year Built

1809

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Directions: Chruch Street to Brown St.
  • Garage Yn: No
  • Structure Type: Garden
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1809

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Utility Connections for Gas Range
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Living Room
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Remodeled
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Remodeled
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Lighting - Sconce, Lighting - Overhead, Closet - Double
  • MAIN LO: M59500
  • MAIN SO: AC0342
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Hardwood, Pine
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Common Walls: No One Above
  • Construction Type: Brick
  • Disclosures: Photos Digitally Staged. Seller Has Not Resided In Property For Several Years. A/C Unit Left As Gift. Parking Spot For Unit Is Labeled Spot "2" On Parking Plan.
  • Home Warranty: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Heating Yn: Yes
  • Laundry Features: Common Area, In Building
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Owner Association
  • Amenities: Hot Water, Laundry
  • Association Fee: 193.63
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • LOT SIZE: 2923
  • OUTDOOR SPACE AVAILABLE: No
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3049.2
  • Zoning: R3

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2810
  • Tax Book Number: 20070
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Aug 24, 2021
Sold by
Anastos Jodi P
Bought by
Casey Daniel T
Seller's Agent
Melissa Weinand
William Raveis R.E. & Home Services
Buyer's Agent
Thomas Morrissey
eXp Realty
List Price
$330,000
Sold Price
$299,900
Premium/Discount to List
-$30,100
-9.12%
Current Estimated Value
$381,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,158
Avg. Annual Appreciation
5.80%
Original Mortgage
$239,920
Outstanding Balance
$218,162
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,896

Purchase Details

Closed on
Jan 29, 2003
Sold by
Brown St Salem Rt
Bought by
Anastos Jodi Paris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Casey Daniel T $299,900 None Available
Anastos Jodi Paris $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey Daniel T $239,920
Previous Owner Anastos Jodi Paris $164,000
Previous Owner Anastos Jodi Paris $140,000
Previous Owner Anastos Jodi Paris $26,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $299,900 0.0% $538 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $299,900 -6.1% $538 / Sq Ft
05/03/2021 05/03/21 Price Changed $319,500 -3.2% $574 / Sq Ft
04/20/2021 04/20/21 For Sale $330,000 -- $592 / 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 $3,605 $317,900 $0 $317,900
2024 $3,523 $303,200 $0 $303,200
2023 $3,454 $276,100 $0 $276,100
2022 $2,898 $218,700 $0 $218,700
2021 $2,810 $203,600 $0 $203,600
2020 $2,631 $182,100 $0 $182,100
2019 $2,559 $169,500 $0 $169,500
2018 $2,419 $157,300 $0 $157,300
2017 $2,436 $153,600 $0 $153,600
2016 $2,263 $144,400 $0 $144,400
2015 $2,242 $136,600 $0 $136,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melissa Weinand

    William Raveis R.E. & Home Services

    (781) 254-8669

    2 in this area

    239 Total Sales

    Melissa Weinand
    Section Image
  • Tyson Lynch

    Seller Co-Listing Agent in 2021

    Tyson Lynch

    The Proper Nest Real Estate

    (781) 244-5208

    6 in this area

    58 Total Sales

    Tyson Lynch
    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Morrissey

    eXp Realty

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72817509

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000185-000804-000804

Massachusetts Essex County Salem 01970 Salem Common

8 Brown St Unit 4, Salem, MA

Not Listed for Sale

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