NOT LISTED FOR SALE

98 Washington Square Unit 4 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $776,000 - $802,000

3 Beds
2.5 Baths
1,981 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $675,000 $341 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,418/month

10 Days on Market

Highlights

  • Waterfront
  • Main Floor Primary Bedroom
  • Corner Lot
  • Wood Flooring
  • 1 Fireplace
  • Elevator

About This Home

As of April 2022

Other listings can claim to have an ideal location, but it's hard to argue that many locations throughout the City of Salem are better than being directly on The Salem Common. Walk into your unit through a private entrance and be welcomed by a huge living space with soaring ceilings and tons of windows. Featuring a master suite, additional half bath, open kitchen, and "great room" on the main floor seems like it could be enough for one condo. Yet, down the stairs is an additional 2 bedrooms, second living room / office, full bath and laundry. Did I mention what a great location this truly is? Literally on The Salem Common and minutes from the ocean, MBTA, shopping, PEM, dining, etc. Don't believe it...then come see this spacious unit, with great storage throughout for yourself and you can judge the location while you here.

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 03/10/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,625

Year Built

  • Built in 1800

Lot Details

  • 0.36

HOA Fees

  • $419 Monthly HOA Fees

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,981 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Laundry in Basement
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Porch
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 2137063

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 18 Units

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,625

Year Built

Built in 1800

Lot Details

0

HOA Fees

$419 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1800
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Basement
  • Room Bedroom3 Level: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 3 Level: Basement
  • Room Kitchen Level: First
  • Laundry Features: In Basement, In Unit
  • Room Living Room Level: First
  • Living Area: 1981
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 332.66
  • PRICE PER Sq Ft: 340.74
  • MAIN SO: C95279

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Frame
  • Patio And Porch Features: Porch
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 419
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • UNIT BUILDING: 4
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: 2137063
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 4
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7625
  • Tax Book Number: 35801

Multi Family

  • Number Of Units Total: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Stager Nancy H
Bought by
Stager Alison E
Total Days on Market
10
Current Estimated Value
$783,545

Purchase Details

Listed on
Jan 30, 2017
Closed on
Apr 14, 2017
Sold by
Paul Mazzarella 2011 R
Bought by
Stager Alison E and Stager Nancy H
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$539,000
Sold Price
$508,520
Premium/Discount to List
-$30,480
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$320,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 8, 2013
Closed on
Apr 3, 2013
Sold by
Melba Apartments Llc
Bought by
Paul Mazzarella Ret
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Penny McKenzie
Coldwell Banker Realty - Lynnfield
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Nov 5, 2012
Sold by
Melba Apartments Llc
Bought by
Gross Jeffrey M and Breskin Julie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2012
Sold by
Melba Apartments Llc
Bought by
Stonge Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2003
Sold by
Hemlock Land Llc
Bought by
Melba Apts Llc

Purchase Details

Closed on
Aug 20, 1987
Sold by
Small Frederick D
Bought by
Melba Rt

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
Stager Alison E -- None Available
Stager Alison E $508,520 --
Paul Mazzarella Ret $400,000 --
Gross Jeffrey M $450,000 --
Stonge Jennifer L $329,200 --
Melba Apts Llc -- --
Melba Rt $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stager Alison E $320,000
Previous Owner Melba Rt $360,000
Previous Owner Melba Rt $303,000
Previous Owner Melba Apartments Llc $750,000
Previous Owner Melba Rt $1,519,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $675,000 +2.4% $341 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $659,000 +29.6% $333 / Sq Ft
04/14/2017 04/14/17 Sold $508,520 -5.7% $257 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $539,000 +34.8% $272 / Sq Ft
04/03/2013 04/03/13 Sold $400,000 -8.9% $202 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
02/11/2013 02/11/13 Price Changed $439,000 -2.2% $222 / Sq Ft
01/08/2013 01/08/13 For Sale $449,000 -- $227 / 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 $7,861 $693,200 $0 $693,200
2024 $7,817 $672,700 $0 $672,700
2023 $8,339 $666,600 $0 $666,600
2022 $7,625 $575,500 $0 $575,500
2021 $7,836 $567,800 $0 $567,800
2020 $7,716 $534,000 $0 $534,000
2019 $7,690 $509,300 $0 $509,300
2018 $7,713 $501,500 $0 $501,500
2017 $7,180 $452,700 $0 $452,700
2016 $6,710 $428,200 $0 $428,200
2015 $6,454 $393,300 $0 $393,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72951256

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000568-000804-000804