NOT LISTED FOR SALE

10 1/2 Herbert St Unit 21 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $320,369 - $363,000

1 Bed
1 Bath
494 Sq Ft
$215/mo HOA Fee

Last Sold February 23, 2024

Last sale price $309,000 $626 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,229/month

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 4-minute walk to Derby Garden

About This Home

As of February 2024

Come see this newly renovated 1BR, 1BA condo in the Richard Manning condominiums. Once called home to the famous Nathaniel Hawthorne, its prime location can’t be beat. Centrally positioned between Pickering Wharf, Salem Commons and Downtown Salem, the areas amenities are vast. Just moments from multiple beaches, you’ll smell the ocean air from your deck or through the windows of your updated unit. With fresh paint throughout including an accent wall in the living room and modern features which bring functionality and purpose, your stage is set for success. Updated cabinets and beautiful new countertops are complimented by up lighting, an LED lit faucet and stainless steel appliances. The bedroom is complete with a custom headboard and lighting feature that serves as the centerpiece of the room. This unit really isn’t to be missed. Stop renting and start gaining equity. Join us for the open houses this weekend Sat 1-3 & Sun 11-1 or schedule your private showing today!

Last Agent to Sell the Property

Kevin Farrar

Atlantic Coast Homes,Inc Listed on: 02/05/2024

Last Buyer's Agent

Pam McKee

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1900

Lot Details

  • Two or More Common Walls

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 494 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Wood Flooring
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Rented or Permit Required

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0296 S:803

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 6 Units
  • Low-Rise Condominium
  • Near Conservation Area

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,359

Year Built

Built in 1900

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1900
  • Entry Level: 2
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Basement: Y
  • Living Area: 494
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AC1991
  • MAIN SO: C95098
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck, Patio, Storage
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Rented
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 215
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: M:35 L:0296 S:803
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2359

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $309,000 +3.3% $626 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $299,000 -- $605 / 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 $2,844 $250,800 $0 $250,800
2024 $2,359 $203,000 $0 $203,000
2023 $2,226 $177,900 $0 $177,900
2022 $2,161 $163,100 $0 $163,100
2021 $2,251 $163,100 $0 $163,100
2020 $2,235 $154,700 $0 $154,700
2019 $2,232 $147,800 $0 $147,800
2018 $2,129 $138,400 $0 $138,400
2017 $2,168 $136,700 $0 $136,700
2016 $2,089 $133,300 $0 $133,300
2015 $1,912 $116,500 $0 $116,500
Source: Public Records

Agents Affiliated with this Home

  • Kevin Farrar

    Seller's Agent in 2024

    Kevin Farrar

    Atlantic Coast Homes,Inc

    (978) 578-3448

    1 in this area

    53 Total Sales

    Kevin Farrar
    Section Image
  • Pam McKee

    Buyer's Agent in 2024

    Pam McKee

    Keller Williams Realty Evolution

    (978) 500-4047

    7 in this area

    90 Total Sales

    Pam McKee
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73199446

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000296-000803-000803

Massachusetts Essex County Salem 01970 Derby Street

10 1/2 Herbert St Unit 21, Salem, MA

Not Listed for Sale

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