8 Union St Unit 3 Salem, MA 01970
Derby Street Neighborhood
2
Beds
1
Bath
1,451
Sq Ft
$373/mo
HOA Fee
Highlights
- No Units Above
- Dining Room with Fireplace
- Post and Beam
- Open Floorplan
- Property is near public transit
- 3-minute walk to Salem Common
About This Home
As of December 2024TWO CAR PARKING! Awesome PENTHOUSE unit in the heart of Salem. Two story unit with open loft showcasing a perfect mix of old and new with cathedral beamed ceilings, original wood floors, brick walls, original fireplaces (aesthetic only) blended with modern updates including central air, in-unit laundry, open floor plan, well equipped kitchen with island. Two bedrooms on first level, updated full bath. Spacious loft could be used as bedroom, home office, or playroom. Shared outdoor area included. Unit has been freshly painted inside. Centrally located near everything Salem has to offer, minutes from shopping, dining, downtown, Salem Commons, Pickering Wharf, and 5 minutes to commuter rail.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,618
Year Built
- Built in 1900
HOA Fees
- $373 Monthly HOA Fees
Home Design
- Post and Beam
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,451 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Beamed Ceilings
- Skylights
- Dining Room with Fireplace
- 2 Fireplaces
- Loft
- Basement
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Off-Street Parking
- Deeded Parking
Schools
- Salem High School
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
Additional Features
- No Units Above
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 4782037
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
- 11 Units
- Union Square Condominium Community
Amenities
- Common Area
- Shops
Recreation
- Park
- Jogging Path
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2016
Closed on
Nov 21, 2016
Sold by
Magnifico John and Magnifico Lauren
Bought by
Rotsart Angelica and Hughes Robert
Seller's Agent
Kevin Fruh
Gibson Sotheby's International Realty
Buyer's Agent
Tyson Lynch
The Proper Nest Real Estate
List Price
$374,990
Sold Price
$374,990
Total Days on Market
42
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
$223,702
Avg. Annual Appreciation
5.67%
Original Mortgage
$337,491
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2009
Sold by
6 Union Street Llc
Bought by
Magnifico John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $374,990 | -- | |
| Deed | $290,000 | -- | |
| Deed | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $438,750 | Purchase Money Mortgage | |
| Closed | $438,750 | Purchase Money Mortgage | |
| Closed | $307,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $337,491 | New Conventional | |
| Previous Owner | $256,000 | No Value Available | |
| Previous Owner | $275,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $585,000 | 0.0% | $403 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 11/10/2024 11/10/24 | Price Changed | $585,000 | -2.3% | $403 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $599,000 | +59.7% | $413 / Sq Ft |
| 11/21/2016 11/21/16 | Sold | $374,990 | 0.0% | $258 / Sq Ft |
| 09/27/2016 09/27/16 | Pending | -- | -- | -- |
| 09/24/2016 09/24/16 | For Sale | $374,990 | -- | $258 / 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 | $5,716 | $504,100 | $0 | $504,100 |
| 2024 | $5,618 | $483,500 | $0 | $483,500 |
| 2023 | $5,577 | $445,800 | $0 | $445,800 |
| 2022 | $5,247 | $396,000 | $0 | $396,000 |
| 2021 | $5,069 | $367,300 | $0 | $367,300 |
| 2020 | $5,108 | $353,500 | $0 | $353,500 |
| 2019 | $4,844 | $320,800 | $0 | $320,800 |
| 2018 | $4,360 | $283,500 | $0 | $283,500 |
| 2017 | $4,271 | $269,300 | $0 | $269,300 |
| 2016 | $4,041 | $257,900 | $0 | $257,900 |
| 2015 | $4,114 | $250,700 | $0 | $250,700 |
Source: Public Records
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73297320
APN: SALE-000035-000000-000281-000806-000806
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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