NOT LISTED FOR SALE

98 Washington Square Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $716,000 - $858,965

3 Beds
3 Baths
2,361 Sq Ft
0.36 Acres

Last Sold November 17, 2016

Last sale price $544,000 $230 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,264/month

167 Days on Market

About This Home

As of November 2016

Enjoy the spaciousness of a single-family home with the convenience of condominium living! Move-in ready, completely renovated 3 bedroom/home office, 2.5 bath condominium with 10-foot ceilings. A private porch entry leads to the spacious kitchen with stainless steel appliances and granite countertops. The dining/living room features a granite-capped gas fireplace and hearth. The master suite is located on the first floor plus an additional bedroom/office and half bath. The lower level has a cozy den, two bedrooms/home office, another full-size bath, and laundry room. There are large closets throughout providing plenty of storage. Two-car off-street parking is conveniently located outside the private entrance. Great location across the street from Salem Common easy walk to downtown Salem, restaurants, shopping, museums, the harbor front, Salem Willows, Winter Island, MBTA commuter rail and bus line.

Last Listed By

Mary Stewart

Compass Listed on: 04/05/2016

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,576

Year Built

1800

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Corner, Back, Ground
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1800

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors, Storm Doors
  • Flooring: Wood, Tile
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 12X14
  • Bedroom 3: Basement, 12X16
  • Bathroom #1: First Floor, 4X8
  • Bathroom #2: First Floor, 7X8
  • Bathroom #3: Basement, 8X9
  • Kitchen: First Floor, 11X14
  • Laundry Room: Basement
  • Living Room: First Floor, 11X18
  • Master Bedroom: First Floor, 15X17
  • Master Bedroom Description: Closet - Walk-in, Flooring - Hardwood, Main Level
  • Dining Room: First Floor, 9X14
  • Oth1 Room Name: Exercise Room
  • Oth1 Dimen: 13X15
  • Oth1 Dscrp: Flooring - Hardwood
  • Oth2 Room Name: Office
  • Oth2 Dimen: 13X18
  • Oth2 Dscrp: Closet, Flooring - Hardwood
  • Oth2 Level: Basement
  • No Living Levels: 2

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Fiber Cement Siding
  • Exterior Unit Features: Porch - Enclosed
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Tandem, Assigned, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas, Unit Control
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Colonial Hill Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 18
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Public
  • Middle School: Public
  • High School: Public

Lot Info

  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Aug 22, 2012
Sold by
Melba Apartments Llc
Bought by
Crane Mickey W and Crane Karen R
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$469,000
Sold Price
$469,000
Total Days on Market
167
Current Estimated Value
$820,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,491
Avg. Annual Appreciation
5.13%
Original Mortgage
$375,200
Outstanding Balance
$264,698
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$622,351

Range of Values:

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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
Crane Mickey W $469,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crane Mickey W $375,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $544,000 -0.8% $230 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
09/06/2016 09/06/16 Price Changed $548,500 0.0% $232 / Sq Ft
09/06/2016 09/06/16 For Sale $548,500 +0.8% $232 / Sq Ft
08/21/2016 08/21/16 Off Market $544,000 -- --
04/28/2016 04/28/16 Price Changed $569,000 -2.7% $241 / Sq Ft
04/05/2016 04/05/16 For Sale $585,000 +24.7% $248 / Sq Ft
08/22/2012 08/22/12 Sold $469,000 0.0% $199 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $469,000 -- $199 / 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 $8,576 $756,300 $0 $756,300
2024 $8,535 $734,500 $0 $734,500
2023 $9,181 $733,900 $0 $733,900
2022 $8,387 $633,000 $0 $633,000
2021 $8,617 $624,400 $0 $624,400
2020 $8,478 $586,700 $0 $586,700
2019 $8,261 $547,100 $0 $547,100
2018 $8,282 $538,500 $0 $538,500
2017 $7,913 $498,900 $0 $498,900
2016 $7,398 $472,100 $0 $472,100
2015 $7,115 $433,600 $0 $433,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71983329

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000568-000802-000802