NOT LISTED FOR SALE

95 Federal St Unit 1 Salem, MA 01970

Estimated Value: $1,032,000 - $1,267,000

3 Beds
5 Baths
3,866 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $625,423 $162 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,897/month

256 Days on Market

About This Home

As of April 2016

True, this stunning antique home in the Historic Mcintire District with soaring ceilings, 6 fireplaces, 3 bedrooms, 5 baths, living room, dining room, granite kitchen, study, media room, office, family room, exclusive deck and patio, and parking for 4 cars is not a single family home- but it might as well be! George Shreve (Shreve, Crump and Low jewelers) built this gorgeous home in 1872 with an emphasis on exquisite architectural details. The main entrance on Federal Street is exclusive to this unit. With almost 3000 square feet of living space on the first floor this is not only a rare opportunity for elegant single level living but it also offers over 1000 square feet of additional living area on the lower level for work space, guests, in-laws or simply a more casual environment for the younger set. You will not find a more substantial and well-appointed antique condominium in Salem-steps away from restaurants, shopping, farmers market, the waterfront, bike paths, train and the PEM.

Last Agent to Sell the Property

Carmel Harney

William Raveis R.E. & Home Services License #449546247 Listed on: 06/08/2015

William Raveis R.E. & Home Services

Last Buyer's Agent

Merry Fox Team

MerryFox Realty

Property Details

Home Type

Other

Est. Annual Taxes

$10,940

Year Built

1872

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Year Built: 1872

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Fireplaces: 6
  • Has Basement: Yes
  • Fireplaces: 6
  • Primary Bathroom: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Walk Out, Interior Access
  • Bedroom 2: First Floor
  • Bedroom 3: Basement
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Bathroom #3: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wood
  • Dining Room: First Floor
  • Family Room: First Floor
  • Oth1 Room Name: Study
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet, Flooring - Wood
  • Oth2 Room Name: Play Room
  • Oth2 Dscrp: Flooring - Stone/Ceramic Tile
  • Oth3 Room Name: Office
  • Oth3 Dscrp: Flooring - Wall to Wall Carpet
  • Oth4 Room Name: Bathroom
  • Oth4 Dscrp: Flooring - Stone/Ceramic Tile
  • Oth5 Room Name: Bathroom
  • Oth5 Dscrp: Flooring - Stone/Ceramic Tile

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Slate, Rubber
  • Exterior: Clapboard, Wood
  • Exterior Features: Deck, Patio, Garden Area
  • Foundation: Brick, Granite
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 6
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • HOA: Yes
  • Reqd Own Association: Yes

Lot Info

  • Assessor Parcel Number: M:26 L:0505 S:801
  • Zoning: R2

Multi Family

  • Foundation: xxxx

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Lachapelle Laurie J and Leach David A
Bought by
Laurie J Lachapelle Ret
Current Estimated Value
$1,132,265

Purchase Details

Listed on
Jun 8, 2015
Closed on
Apr 15, 2016
Sold by
Aydelott William E
Bought by
Leach David A and Lachapelle Laurie J
Seller's Agent
Carmel Harney
William Raveis R.E. & Home Services
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$715,000
Sold Price
$625,423
Premium/Discount to List
-$89,577
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$500,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2003
Sold by
Drummond Edwina K and Boose Robert E
Bought by
Aydelott William E

Purchase Details

Closed on
Dec 18, 2000
Sold by
Leary Wendell J and Leary Janet S
Bought by
Boose Robert E and Drummond Edwina K

Purchase Details

Closed on
Jul 30, 1998
Sold by
Herbert Jessica B
Bought by
Leary Janet S and Leary Wendell J
Source: Public Records

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 Buyer Sale Price Title Company
Laurie J Lachapelle Ret -- None Available
Leach David A $625,000 --
Aydelott William E $579,000 --
Boose Robert E $405,000 --
Leary Janet S $379,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leach David A $500,000
Previous Owner Leary Janet S $359,675
Previous Owner Leary Janet S $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $625,423 -1.5% $162 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
09/25/2015 09/25/15 Price Changed $635,000 -6.1% $164 / Sq Ft
09/07/2015 09/07/15 Price Changed $676,000 -3.2% $175 / Sq Ft
07/08/2015 07/08/15 Price Changed $698,500 -2.3% $181 / Sq Ft
06/08/2015 06/08/15 For Sale $715,000 -- $185 / 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 $10,940 $964,700 $0 $964,700
2024 $10,567 $909,400 $0 $909,400
2023 $10,714 $856,400 $0 $856,400
2022 $10,279 $775,800 $0 $775,800
2021 $9,998 $724,500 $0 $724,500
2020 $10,181 $704,600 $0 $704,600
2019 $9,744 $645,300 $0 $645,300
2018 $9,514 $618,600 $0 $618,600
2017 $9,958 $627,900 $0 $627,900
2016 $9,839 $627,900 $0 $627,900
2015 $9,921 $604,600 $0 $604,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71853379

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000505-000801-000801