NOT LISTED FOR SALE

102 Wharf St Unit 8 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $615,000 - $707,000

3 Beds
2 Baths
1,476 Sq Ft
$315/mo HOA Fee

Last Sold October 08, 2021

Last sale price $500,000 $339 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,259/month

12 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Balcony
  • Vaulted Ceiling
  • Solid Surface Countertops
  • 4-minute walk to Salem Harbor Walk

About This Home

As of October 2021

First showing at Open House Sunday 7/18 11-1 PM. Experience all that Downtown Salem has to offer in this 3 bed 2 bath sun-splashed townhouse! This 3 level unit features a recently renovated kitchen includes quartz counters, White shaker cabinets, farmers sink, tile backsplash, designer lighting, stainless steel appliances with gas cooking and breakfast bar. Open concept living & dining room flows nicely onto an exclusive use composite balcony. Hardwood floor throughout. Plenty of character and charm with the exposed beams, skylights, wood panels and working fireplace. 1 car deeded parking. Wake up to the serene views of Salem Harbor in your Master suite featuring vaulted ceiling, en-suite bath, 2 closets- 1 with barn door, walk in storage. Laundry in unit. 2 zone Gas heat with central AC. Some updated electrical. Pet friendly professionally managed condo association. Super conveniently located in Pickering wharf.

Last Agent to Sell the Property

Mike Becker

Atlantic Coast Homes,Inc Listed on: 07/12/2021

Last Buyer's Agent

Ryan Newhall

Newhall Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,245

Year Built

  • 1980

HOA Fees

  • $315 per month

Home Design

  • Updated or Remodeled

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Dining Area
  • Exterior Basement Entry

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on third floor
  • Separate Shower

Outdoor Features

  • Balcony

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,245

Year Built

1980

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: Derby street to Pickering Wharf
  • Garage Yn: No
  • Efficiency: Thermostat
  • Structure Type: Townhouse
  • Year Built Details: Renovated Since
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Appliances: Range,Dishwasher,Refrigerator,Washer/Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Living Room
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Skylight, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Master Bedroom Features: Bathroom - Full, Vaulted Ceiling(s), Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Exterior Access, Open Floorplan, Remodeled
  • Room Dining Room Level: Main
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook
  • Room Living Room Level: Main
  • Room Living Room Features: Skylight, Vaulted Ceiling(s), Closet, Flooring - Hardwood
  • MAIN LO: AC1991
  • MAIN SO: AN1222
  • Accessibility Features: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile, Carpet, Hardwood
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony
  • Construction Type: Frame, Post & Beam
  • Disclosures: 2nd Floor Bedroom 3 Is Loft /Passthrough. Sq Footage May Include Walk In Storage. 2nd Floor Townhouse But Your Lender May Require Supplemental Flood Insurance.
  • Home Warranty: No
  • Patio And Porch Features: Deck
  • Waterfront Features: Waterfront, Beach Front, Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • SEWAGE DISTRICT: Sal
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Cooling Y N: Yes
  • Electric: 220 Volts, 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Second Floor, In Unit
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Professional - Off Site
  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Bike Path, Conservation Area, Marina, T-Station
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • Farm Land Area Units: Square Feet
  • Zoning: B5

Multi Family

  • Number Of Units Total: 76

Tax Info

  • Tax Annual Amount: 4845
  • Tax Book Number: 36967
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Oct 8, 2021
Sold by
Jenkins Michael and Jennings Lloyd
Bought by
James Melissa and Jennings Lloyd
Seller's Agent
Mike Becker
Atlantic Coast Homes,Inc
Buyer's Agent
Ryan Newhall
Newhall Real Estate
List Price
$449,900
Sold Price
$500,000
Premium/Discount to List
$50,100
11.14%
Current Estimated Value
$650,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,228
Avg. Annual Appreciation
6.52%
Original Mortgage
$511,500
Outstanding Balance
$466,440
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,788

Purchase Details

Closed on
Jan 8, 2019
Sold by
Jenkins Michael
Bought by
Jenkins Michael and Tierney Kaleigh E

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 27, 2018
Sold by
Hicks-Murphy Karyn
Bought by
Jenkins Michael
Seller's Agent
Phil O'Donnell
Aluxety
Buyer's Agent
Vincent Serino
Century 21 North East
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$383,062
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 1987
Sold by
Wilson Robert L
Bought by
Sorger Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
10.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
James Melissa $500,000 None Available
Jenkins Michael -- None Available
Jenkins Michael $375,000 --
Sorger Paula $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Melissa $511,500
Previous Owner Jenkins Michael $383,062
Previous Owner Sorger Paula $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $500,000 +11.1% $339 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $449,900 +20.0% $305 / Sq Ft
08/27/2018 08/27/18 Sold $375,000 0.0% $244 / Sq Ft View Prior Sale
06/24/2018 06/24/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $375,000 -- $244 / 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 $6,245 $550,700 $0 $550,700
2024 $6,138 $528,200 $0 $528,200
2023 $5,489 $438,800 $0 $438,800
2022 $4,985 $376,200 $0 $376,200
2021 $4,845 $351,100 $0 $351,100
2020 $4,982 $344,800 $0 $344,800
2019 $3,995 $264,600 $0 $264,600
2018 $3,694 $240,200 $0 $240,200
2017 $3,710 $233,900 $0 $233,900
2016 $3,755 $239,600 $0 $239,600
2015 $3,773 $229,900 $0 $229,900
Source: Public Records

Agents Affiliated with this Home

  • Mike Becker

    Seller's Agent in 2021

    Mike Becker

    Atlantic Coast Homes,Inc

    (978) 590-4181

    1 in this area

    77 Total Sales

    Mike Becker
    Section Image

  • R

    Buyer's Agent in 2021

    Ryan Newhall

    Newhall Real Estate

    Section Image

  • P

    Seller's Agent in 2018

    Phil O'Donnell

    Aluxety

    (978) 210-6098

    1 in this area

    39 Total Sales

    Phil O'Donnell
    Section Image
  • Vincent Serino

    Buyer's Agent in 2018

    Vincent Serino

    Century 21 North East

    (978) 808-6225

    31 Total Sales

    Vincent Serino
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72864270

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000408-000810-000810

Massachusetts Essex County Salem 01970 Derby Street

102 Wharf St Unit 8, Salem, MA

Not Listed for Sale

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