NOT LISTED FOR SALE

11 Herbert St Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $704,000 - $866,000

6 Beds
3 Baths
1,960 Sq Ft
$414/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $474,500 $242 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,210/month

41 Days on Market

About This Home

As of May 2016

Location Location Location!!!Sunny Studs in Renovation!!! All new appliances, insulation,gas heat, bathrooms, kitchens,electric, plumbing, windows and doors. Perfectly set up for first floor IN LAW where the kitchen is appliance - ready. Make the sexier cosmetic changes to suit your taste, the canvas is neutral and ready for your color. Large cement floored dry fieldstone & brick basement offers great storage/workshop space.Coveted 4 Car off street parking with room for a beacon hill size garden or patio area. Turn key and ready for new owners. Heart of Salem, steps from Common, Derby & Pickering Wharf, MBTA and commuter ferry. Walk to beaches, playground, restaurants, theater, museums and shops. Call to make your appointment today.

Last Listed By

Cricket Sperry

J. Barrett & Company Listed on: 02/18/2016

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,016

Year Built

1850

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Single Family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1850

Interior Features

  • Appliances: Refrigerator - ENERGY STAR, Dishwasher - ENERGY STAR, Range - ENERGY STAR
  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Marina, T-Station, University
  • Electric: 100 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet, Laminate
  • Insulation: Fiberglass
  • Basement: Interior Access, Concrete Floor, Unfinished Basement
  • Bedroom 2: First Floor, 10X10
  • Bedroom 3: Second Floor, 23X9
  • Bedroom 4: Second Floor, 14X9
  • Bedroom 5: Third Floor, 15X14
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: Second Floor, 15X7
  • Laundry Room: First Floor
  • Living Room: First Floor, 25X12
  • Master Bedroom: First Floor, 14X10
  • Master Bedroom Description: Closet, Flooring - Wood
  • Dining Room: Second Floor, 15X11
  • Family Room: Second Floor, 13X11
  • Oth1 Room Name: Bedroom
  • Oth1 Dimen: 12X14
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet
  • Oth2 Room Name: Den
  • Oth2 Dimen: 16X13
  • Oth2 Dscrp: Bathroom - Half, Flooring - Wall to Wall Carpet

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 47.00
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Patio
  • Foundation: Brick
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, On Street Permit, Stone/Gravel
  • Parking Spaces: 4

Utilities

  • Heating: Hot Water Baseboard, Electric Baseboard, Gas
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R2
  • Lot: 320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
May 25, 2016
Sold by
Blue Waters Vero Llc
Bought by
Martinezlage-Alvarez M and Fischler Kristen M
Seller's Agent
Cricket Sperry
J. Barrett & Company
Buyer's Agent
Kim Douglas
Coldwell Banker Realty - Boston
List Price
$499,000
Sold Price
$474,500
Premium/Discount to List
-$24,500
-4.91%
Total Days on Market
41
Current Estimated Value
$811,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,973
Avg. Annual Appreciation
6.14%
Original Mortgage
$445,550
Outstanding Balance
$359,493
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$451,980

Purchase Details

Listed on
Aug 14, 2014
Closed on
Nov 21, 2014
Sold by
Kossowan Carolyn P Est
Bought by
Blue Waters Vero Llc
Seller's Agent
Kate Fabrizio
J. Barrett & Company
Buyer's Agent
Kate Fabrizio
J. Barrett & Company
List Price
$259,900
Sold Price
$202,000
Premium/Discount to List
-$57,900
-22.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.04%
Original Mortgage
$75,000
Interest Rate
4%

Purchase Details

Closed on
May 7, 1993
Sold by
Miranda Alejandro
Bought by
Eleven Herbert St Rt

Range of Values:

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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
Martinezlage-Alvarez M $474,900 --
Blue Waters Vero Llc $202,000 --
Eleven Herbert St Rt $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinezlage-Alvarez M $445,550
Previous Owner Blue Waters Vero Llc $50,000
Previous Owner Blue Waters Vero Llc $75,000
Previous Owner Blue Waters Vero Llc $202,000
Previous Owner Eleven Herbert St Rt $100,000
Previous Owner Eleven Herbert St Rt $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Sold $474,500 -3.0% $242 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/14/2016 03/14/16 Price Changed $489,000 -2.0% $249 / Sq Ft
02/18/2016 02/18/16 For Sale $499,000 +147.0% $255 / Sq Ft
11/21/2014 11/21/14 Sold $202,000 -22.3% $103 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $259,900 -- $133 / 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 $8,016 $706,900 $193,100 $513,800
2024 $7,771 $668,800 $183,500 $485,300
2023 $7,612 $608,500 $169,400 $439,100
2022 $7,229 $545,600 $163,800 $381,800
2021 $7,143 $517,600 $152,500 $365,100
2020 $6,747 $466,900 $144,000 $322,900
2019 $6,723 $445,200 $136,600 $308,600
2018 $6,524 $424,200 $129,900 $294,300
2017 $5,990 $377,700 $109,500 $268,200
2016 $4,007 $255,700 $104,500 $151,200
2015 -- $238,500 $96,000 $142,500
Source: Public Records

Agents Affiliated with this Home

  • Cricket Sperry

    Seller's Agent in 2016

    Cricket Sperry

    J. Barrett & Company

    (978) 578-5446

    15 Total Sales

    Cricket Sperry
    Section Image
  • Kim Douglas

    Buyer's Agent in 2016

    Kim Douglas

    Coldwell Banker Realty - Boston

    (610) 805-0361

    82 Total Sales

    Kim Douglas
    Section Image
  • Kate Fabrizio

    Seller's Agent in 2014

    Kate Fabrizio

    J. Barrett & Company

    (978) 314-0196

    28 Total Sales

    Kate Fabrizio
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71960316

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000320

Massachusetts Essex County Salem 01970 Derby Street

11 Herbert St, Salem, MA

Homes for Sale in Salem, MA

This home is located at 11 Herbert St, Salem, MA 01970 since 18 February 2016 and is currently estimated at $811,473, approximately $414 per square foot. This property was built in 1850. 11 Herbert St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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