NOT LISTED FOR SALE

98 Washington Square Unit 8 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $668,938 - $758,000

2 Beds
2 Baths
1,204 Sq Ft
0.36 Acres

Last Sold October 01, 2018

Last sale price $515,000 $428 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,325/month

Highlights

  • Marina
  • Property is near public transit
  • Jogging Path
  • Deck
  • 1 Fireplace
  • Cooling Available

About This Home

As of March 2024

Welcome to 98 Washington Square! This sun-drenched open-concept gem, across from historic Salem Common, boasts tall ceilings, a spacious living area, and a gourmet kitchen with custom cabinetry, stainless steel appliances, granite counters, gas cooking, and a chic breakfast bar with designer pendant lights. Step out onto the composite deck. The primary bedroom is generously proportioned with ample windows, gleaming wood floors, and a sizable walk-in closet. The ensuite bath features a beautifully tiled tub-shower and a double sink vanity. A well-appointed guest bedroom & bath complete this home. Just minutes to downtown Salem by foot or car, and a half-mile from Salem MBTA Commuter Rail Station, perfect for quick access to Boston. Amenities include 1 off-street parking space, in-unit W/D, central heat & air, large private basement storage, and elevator access. Water/sewer, common area cleaning, and snow/ice removal included. Experience the best of Salem living!

Last Agent to Rent the Property

Filipe Werner

Advisors Living - Canton Listed on: 09/14/2023

Advisors Living - Canton

Last Renter's Agent

Filipe Werner

Advisors Living - Canton Listed on: 09/14/2023

Advisors Living - Canton

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,157

Year Built

  • Built in 2012

Lot Details

  • 0.36

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,204 Sq Ft Home
  • 1 Fireplace
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes water, sewer, snow removal, gardener, extra storage
  • Assessor Parcel Number 2137063

Community Details

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • Property has a Home Owners Association
  • Shops

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,157

Year Built

Built in 2012

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12+)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2012
  • Entry Level: 2
  • Year Built Details: Renovated Since
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit
  • Living Area: 1204
  • Spa YN: No
  • MAIN LO: AN1921
  • LIST PRICE PER Sq Ft: 2.49
  • PRICE PER Sq Ft: 2.49
  • MAIN SO: AN1921

Exterior Features

  • Exterior Features: Deck - Composite
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Marina, Public School, T-Station
  • Rent Includes: Water, Sewer, Snow Removal, Gardener, Extra Storage
  • Senior Community YN: No
  • UNIT BUILDING: 8

Lot Info

  • Parcel Number: 2137063
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jun 30, 2015
Sold by
Bento Ronald
Bought by
Ryder James C and Luoma Casey
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Kristin Bouchard
Churchill Properties
List Price
$354,900
Sold Price
$357,000
Premium/Discount to List
$2,100
0.59%
Current Estimated Value
$706,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,235
Avg. Annual Appreciation
6.24%
Original Mortgage
$321,300
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2014
Sold by
Sullivan William F
Bought by
Bento Ronald

Purchase Details

Listed on
Apr 18, 2012
Closed on
Aug 20, 2012
Sold by
Melba Apartments Llc
Bought by
Sullivan William F
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
David Manganis
Coldwell Banker Residential Brokerage - Salem
List Price
$329,000
Sold Price
$319,000
Premium/Discount to List
-$10,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$160,000
Interest Rate
4%
Mortgage Type
New Conventional
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
Ryder James C $357,000 --
Bento Ronald $349,000 --
Sullivan William F $319,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Missouri Shairko $410,000
Closed Missouri Shairko $412,000
Closed Ryder James C $321,300
Previous Owner Sullivan William F $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Rented $3,000 0.0% --
01/20/2024 01/20/24 Under Contract -- -- --
11/01/2023 11/01/23 Price Changed $3,000 +5.3% $2 / Sq Ft
10/20/2023 10/20/23 Price Changed $2,850 -8.1% $2 / Sq Ft
10/02/2023 10/02/23 Price Changed $3,100 -4.6% $3 / Sq Ft
09/14/2023 09/14/23 For Rent $3,250 0.0% --
10/01/2018 10/01/18 Sold $515,000 +8.4% $428 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $474,900 +33.0% $394 / Sq Ft
06/30/2015 06/30/15 Sold $357,000 0.0% $297 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
04/20/2015 04/20/15 Off Market $357,000 -- --
04/17/2015 04/17/15 For Sale $354,900 +11.3% $295 / Sq Ft
08/20/2012 08/20/12 Sold $319,000 -3.0% $265 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $329,000 -- $273 / 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 $7,157 $631,100 $0 $631,100
2024 $7,094 $610,500 $0 $610,500
2023 $6,978 $557,800 $0 $557,800
2022 $6,392 $482,400 $0 $482,400
2021 $6,567 $475,900 $0 $475,900
2020 $6,476 $448,200 $0 $448,200
2019 $5,738 $380,000 $0 $380,000
2018 $5,761 $374,600 $0 $374,600
2017 $5,507 $347,200 $0 $347,200
2016 $5,138 $327,900 $0 $327,900
2015 -- $301,100 $0 $301,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73159547

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000568-000808-000808