NOT LISTED FOR SALE

Estimated Value: $415,000 - $445,157

2 Beds
1 Bath
920 Sq Ft
$182/mo HOA Fee

Last Sold December 10, 2021

Last sale price $360,000 $391 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,914/month

3 Days on Market

Highlights

  • Open Floorplan
  • Solid Surface Countertops
  • Stainless Steel Appliances
  • Wood Flooring
  • Beamed Ceilings
  • 1-minute walk to Swiniuch Park

About This Home

As of December 2021

A rare offering of this charming condominium located off Derby Street in the historic waterfront community of Salem. Steps to Pickering Wharf, The House of Seven Gables Salem Common and the Commuter Ferry to Boston, you cannot find a more ideal location. This single-level unit, located on the first floor, features a fireplaced living room, which opens to an updated, eat-in kitchen with granite counters, stainless appliances and gorgeous wide-planked wood floors. The master bedroom has a wood stove flanked by double closets and large windows that brighten the space. A second bedroom also has double closets and is located next to the full bath, with a washer and dryer. Showings begin at the Open House on Sunday, October 24th from 11am to 1pm. Please allow 24 hour response time for any offers.

Last Listed By

Jessica Tully

William Raveis R.E. & Home Services Listed on: 10/21/2021

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,264

Year Built

  • 1900

HOA Fees

  • $182 per month

Home Design

  • Updated or Remodeled

Interior Spaces

  • Bathtub with Shower
  • Open Floorplan
  • Wainscoting
  • Beamed Ceilings
  • Dining Area
  • Exterior Basement Entry
  • Washer and Electric Dryer Hookup

Kitchen

  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • 1 Heating Zone
  • Pellet Stove burns compressed wood to generate heat

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,264

Year Built

1900

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: Derby to Hardy
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Attached
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Living Room
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Beamed Ceilings, Closet, Flooring - Wall to Wall Carpet
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Wood / Coal / Pellet Stove, Beamed Ceilings, Closet, Flooring - Wall to Wall Carpet, Exterior Access
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup, Beadboard
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Beamed Ceilings, Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Remodeled, Stainless Steel Appliances
  • Room Living Room Level: First
  • Room Living Room Features: Beamed Ceilings, Flooring - Wall to Wall Carpet, Open Floorplan
  • MAIN LO: A95602
  • LIST PRICE PER Sq Ft: 380.43
  • PRICE PER Sq Ft: 391.3
  • MAIN SO: AN5454
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Carpet
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame
  • Disclosures: Sellers Have Never Lived In The Home. The Condo Association Is Run By Owners And Is Very Loose. All Appliances To Remain As Gifts. Sellers Do Not Know What Is Under The Wall To Wall Carpeting.
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: On Street
  • Open Parking: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • HEAT ZONES: 1
  • Cooling Y N: No
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • Amenities: Storage
  • Association Fee: 182
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Marina, University

Fee Information

  • Association Fee Includes: Water, Sewer, Maintenance Structure, Snow Removal

Lot Info

  • PAGE: 433
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Zoning: R2

Multi Family

  • NO UNITS OWNER OCC: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 3589
  • Tax Book Number: 22513
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 10, 2021
Sold by
Furse Donna L and Furse Philip
Bought by
Chatterton Peter and Drewicke Julia
Seller's Agent
Jessica Tully
William Raveis R.E. & Home Services
Buyer's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Total Days on Market
3
Current Estimated Value
$428,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,789
Avg. Annual Appreciation
4.64%
Original Mortgage
$340,000
Outstanding Balance
$316,015
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,986

Purchase Details

Closed on
Mar 15, 2004
Sold by
Reardon Patricia
Bought by
Furse Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2000
Sold by
Dressel Adelheid
Bought by
Reardon Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1997
Sold by
Szwartz Stanley H and Washburn Jacqueline
Bought by
Dressel Adelheid

Purchase Details

Closed on
Sep 28, 1994
Sold by
Drake Barbara
Bought by
Washburn Jacqueline

Purchase Details

Closed on
Jun 26, 1987
Sold by
Cashin Charles A
Bought by
Drake Barbara E

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
Chatterton Peter $360,000 None Available
Furse Philip $219,000 --
Reardon Patricia $135,000 --
Dressel Adelheid $85,000 --
Washburn Jacqueline $77,325 --
Drake Barbara E $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chatterton Peter $340,000
Previous Owner Drake Barbara E $175,200
Previous Owner Drake Barbara E $10,000
Previous Owner Drake Barbara E $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $360,000 +2.9% $391 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $350,000 -- $380 / 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 $4,264 $376,000 $0 $376,000
2024 $4,206 $362,000 $0 $362,000
2023 $4,087 $326,700 $0 $326,700
2022 $3,690 $278,500 $0 $278,500
2021 $3,589 $260,100 $0 $260,100
2020 $3,480 $240,800 $0 $240,800
2019 $3,391 $224,600 $0 $224,600
2018 $3,248 $211,200 $0 $211,200
2017 $3,180 $200,500 $0 $200,500
2016 $3,027 $193,200 $0 $193,200
2015 $3,225 $196,500 $0 $196,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72911426

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000010-000801-000801