NOT LISTED FOR SALE

10 1/2 Herbert St Unit 22 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $263,000 - $334,000

1 Bed
1 Bath
443 Sq Ft
1793 Built

Last Sold December 16, 2020

Last sale price $181,000 $409 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,749/month

28 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • 4-minute walk to Derby Garden

About This Home

As of December 2020

Home of Nathaniel Hawthorne!! Bright & Sunny 1 Bedroom Condo with Amazing Salem History!! Salem Historic Records Indicate this was the Home of Nathaniel Hawthorne for 30 Years dating back to 1808. This Freshly Painted Condo is in the Heart of the Pickering Wharf Neighborhood!! Kitchen has a Granite Counter & Stainless Steel Appliances with Gas Stove, Refrigerator, Dishwasher, and Disposal. Common Laundry Room in the Basement & Large Storage Area Included!! Low Condo Fee of $174.00 Includes Hot Water, and this Unit had a New Boiler installed December 2019. Great Location a Short Distance to Pickering Wharf Waterfront, Salem Common, Train & Ferry to Boston, and Peabody Essex Museum.

Last Agent to Sell the Property

John Twomey

Harbor Rental & Realty License #454003677 Listed on: 10/17/2020

Last Buyer's Agent

Judith Zissulis

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 1793

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,808

Year Built

Built in 1793

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 428.67
  • Comp Based On: Net Sale Price
  • Year Built: 1793
  • Lead Paint: Unknown
  • Unit Building: 22
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1793

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: On Level: Second Floor, Dimension: 13.5X8, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Dimension: 5.5X5.7, Bathroom - Tiled With Shower Stall
  • No Rooms: 3
  • Kitchen: On Level: Second Floor, Dimension: 13.3X8.4, Flooring - Wood
  • Laundry: On Level: Basement
  • Laundry Features: Common, In Building
  • Living Room: On Level: Second Floor, Dimension: 13.8X9.9, Flooring - Wall to Wall Carpet
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: C99926
  • Main So: C95098
  • Estimated Sq Ft: 443.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Bike Path, Marina, Public School, T-Station, University
  • HOA Fees: 174.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Laundry Facilities
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: The Richard Manning House Condominium

Lot Info

  • Assessments: 169500.00
  • Page: 483
  • Zoning: R2

Tax Info

  • Taxes: 2449.28
  • Tax Year: 2020

Multi Family

  • No Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Dec 15, 2020
Sold by
Mccarthy Michelle
Bought by
Mellace Holly
Seller's Agent
John Twomey
Harbor Rental & Realty
Buyer's Agent
Judith Zissulis
Keller Williams Realty Evolution
List Price
$189,900
Sold Price
$181,000
Premium/Discount to List
-$8,900
-4.69%
Current Estimated Value
$287,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,717
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Jun 18, 2007
Sold by
Babcock Donald H and Babcock Elizabeth A
Bought by
Mccarthy Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mellace Holly $181,000 None Available
Mccarthy Michelle $171,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Michelle $137,200
Previous Owner Mccarthy Michelle $34,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2020 12/16/20 Sold $181,000 -4.7% $409 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $189,900 0.0% $429 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $189,900 -- $429 / 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 $2,808 $247,600 $0 $247,600
2024 $2,626 $226,000 $0 $226,000
2023 $2,438 $194,900 $0 $194,900
2022 $2,365 $178,500 $0 $178,500
2021 $2,463 $178,500 $0 $178,500
2020 $2,449 $169,500 $0 $169,500
2019 $2,537 $168,000 $0 $168,000
2018 $2,419 $157,300 $0 $157,300
2017 $2,466 $155,500 $0 $155,500
2016 $2,379 $151,800 $0 $151,800
2015 $2,179 $132,800 $0 $132,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72744805

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000296-000804-000804