See Home Value
$450,000
House - Off Market

1 Watson Street

Salem, MA 01970
bedrooms
1 Bed
bathrooms
1 Bath
$2,308
Estimated Monthly
$0
HOA / Fees
5.56%
Cap Rate

About This Property

Welcome to 1 Watson Street!  Here is your chance to stop renting and own your own home.  You'll love the spacious kitchen with granite counters, recessed lighting, marble backsplash and radiant heated floors.  The large adjacent dining room is a wonderful gathering space with built in shelves, a brick accent wall and beamed ceilings.  The living room has cherry HW flooring and a beautiful brick fireplace.  On the 2nd there's a front to back primary bedroom with a ceiling fan, skylights, HW under carpet and flexibility to convert the second floor into two bedrooms.  Newer heating system and hot water heater. The basement offers plenty of storage, a bonus workout space and a bulkhead for easy access.  The fenced in yard is nicely landscaped and is perfect for your furry friend or just to relax and enjoy your privacy.  Located just over the Peabody line, close to all downtown Salem has to offer, convenient to shopping, commuting routes, public transportation and restaurants.
Unit Size
-
Days on Market
35 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1800
Last updated: 5 months ago (MLSPIN #73174817)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold to Tara Davidson, Travis Thomas $450,000
Sold to Tara Davidson, Travis Thomas
Nov 8, 2023 In contract -
In contract
Nov 1, 2023 Listed by Foundation Brokerage Group $389,900
Listed by Foundation Brokerage Group
Aug 16, 2018 Sold to Daniel Morse Jr, Tera Morse $315,000
Sold to Daniel Morse Jr, Tera Morse
Jun 27, 2018 Listed by Foundation Brokerage Group $299,900
Listed by Foundation Brokerage Group
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 855
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,121
  • Total Building Area: 1,170
  • Gross Building Area: 2,340
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,170
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DAVIDSON TARA
  • Current Owner 2: THOMAS TRAVIS
  • Previous Owner : MORSE DANIEL
  • Previous Owner 2: MORSE TERA
  • Owner Before Previous Owner: ALLISON SCOTT R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204702

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:16 L:0163
  • Lot: 163
  • Municipality: SALEM
  • Latitude: 42.5222
  • Longitude: -70.9143

    Address

  • Full Address: 1 Watson St
  • Address - House Number: 1
  • Address - Street Name: Watson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C036
  • 4-Digit Zip Code: 1412
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,922
  • Intital Tax Deliquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 500,231
  • High Value: 594,788
  • Low Value: 405,673

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 06, 2023
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 06, 2053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,600
  • Assessed Land Value: $158,400
  • Assessed Improvements Value: $265,200

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Transaction ID: 11918010378
  • Current Sale Price: $450,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20231206001900
  • Previous Sale Recording Date: Aug 16, 2018
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 06, 2023
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE NETWORKS INC
  • Previous Mortgage Transaction Date: Aug 16, 2018
  • Previous Mortgage Loan Amount: $305,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 16, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
2 Baths
-
$343,000 Jul 24, 2015
$343,000 Oct 21, 2015
$400/mo
Multifamily
4 Beds
2 Baths
-
$405,000 Aug 24, 2021
$405,000 Nov 19, 2021
$168/mo
Commercial
Loft
4 Baths
-
$330,000 Nov 20, 2003
$330,000 Feb 23, 2004
$325/mo
Condo
2 Beds
2 Baths
-
$427,000 Oct 18, 2023
-
$761/mo
In Contract
House
3 Beds
1 Bath
-
$399,000 Nov 12, 2023
-
$398/mo
In Contract
Condo
2 Beds
1 Bath
-
$332,500 Sep 13, 2023
-
$583/mo
Other
Loft
2 Baths
-
$419,900 Nov 24, 2023
-
$589/mo

About North Salem


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Nearby Rentals

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Frequently Asked Questions

When was property at 1 Watson Street built and last sold?
The property at 1 Watson Street was built in 1800 and last sold on Dec 6, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 1 Watson Street is $393,799.
What are some comparable homes to 1 Watson Street?
Homes that are comparable to 1 Watson Street include a condo property at 181 North Street, a other property at 1 Eagan Place, a multifamily property at 50 Beaver Street.

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