NOT LISTED FOR SALE

Estimated Value: $643,000 - $687,460

2 Beds
2 Baths
1,271 Sq Ft
$522/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $625,000 $492 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,420/month

4 Days on Market

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Waterfront
  • Property is near public transit
  • 1-minute walk to Swiniuch Park

About This Home

As of April 2022

If these walls could only talk! They may tell stories about Captain William Lane having the house built in 1796...or maybe about the "No-Name" Pub that was downstairs or even the "Grand Turks" restaurant that replaced it. Those would be quite some tales. Or maybe the walls would just want to say "Thank You" to the current owner for making the house so beautiful inside and out. Thank you for restoring the exterior with spot replacement clapboard, and having the whole house painted in 2021. Or maybe, thank you for giving me all these modern amenities yet letting me hold on to the charm of the past. Thank you for my 2 beautiful marble baths and great kitchen. Thank you for expanding my upstairs, and leaving my downstairs so open and bright. Come see (and listen) for yourself what this great condo in the heart of the Historic Derby Street neighborhood has to offer. While you are here, stroll to the harbor, Ferry, Salem Common or shops and restaurants.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 03/02/2022

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

Vantage Point Team

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1800

Lot Details

  • 4,138

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,271 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Deck
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 4511295

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal, reserve funds
  • 3 Units

Amenities

  • Common Area
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,028

Year Built

Built in 1800

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1800
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Room Kitchen Level: Second
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: Second
  • Living Area: 1271
  • Stories Total: 2
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 487.02
  • PRICE PER Sq Ft: 491.74
  • MAIN SO: M59500

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Baseboard, Natural Gas, Electric, Ductless
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Association Fee: 194.65
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Marina, Public School, T-Station
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4511295
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 353
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4028
  • Tax Book Number: 36371

Multi Family

  • Number Of Units Total: 3
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Mclaughlin Elizabeth S and Mclaughlin Peter F
Bought by
Saunders Elizabeth R
Current Estimated Value
$662,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Outstanding Balance
$359,081
Interest Rate
7.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$303,784

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 15, 2022
Sold by
Finns Folly Llc
Bought by
Mclaughlin Elizabeth S and Mclaughlin Peter F
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Vantage Point Team
William Raveis R.E. & Home Services
List Price
$619,000
Sold Price
$625,000
Premium/Discount to List
$6,000
0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$375,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 12, 2022
Sold by
Fox Daniel
Bought by
Macdonald Brenda A
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Vantage Point Team
William Raveis R.E. & Home Services
List Price
$619,000
Sold Price
$625,000
Premium/Discount to List
$6,000
0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2017
Sold by
Perry Jacob
Bought by
Finns Folly Llc

Purchase Details

Listed on
Feb 9, 2012
Closed on
Jun 28, 2013
Sold by
Macdonald Brenda A
Bought by
Perry Jacob
Seller's Agent
Shannon Guilmet
Keller Williams Realty Evolution
Buyer's Agent
Margaret McNamara
J. Barrett & Company
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$170,100
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2012
Closed on
Jun 21, 2013
Sold by
Fox Daniel
Bought by
Macdonald Brenda A
Seller's Agent
Shannon Guilmet
Keller Williams Realty Evolution
Buyer's Agent
Margaret McNamara
J. Barrett & Company
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
3.51%
Mortgage Type
New Conventional
Source: Public Records

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
Saunders Elizabeth R -- None Available
Saunders Elizabeth R -- None Available
Mclaughlin Elizabeth S $625,000 None Available
Macdonald Brenda A $238,000 None Available
Macdonald Brenda A $238,000 None Available
Finns Folly Llc $275,000 --
Perry Jacob $189,000 --
Macdonald Brenda A -- --
Macdonald Brenda A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Elizabeth R $362,000
Closed Saunders Elizabeth R $362,000
Previous Owner Mclaughlin Elizabeth S $375,000
Previous Owner Macdonald Brenda A $170,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $625,000 +1.0% $492 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $619,000 0.0% $487 / Sq Ft
09/12/2013 09/12/13 Rented $1,300 0.0% --
09/12/2013 09/12/13 For Rent $1,300 0.0% --
06/28/2013 06/28/13 Sold $189,000 0.0% $185 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $189,000 0.0% $185 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
01/04/2013 01/04/13 Price Changed $189,000 0.0% $185 / Sq Ft
05/29/2012 05/29/12 Rented $1,200 0.0% --
05/29/2012 05/29/12 For Rent $1,200 0.0% --
05/23/2012 05/23/12 Price Changed $199,999 -4.3% $196 / Sq Ft
02/09/2012 02/09/12 For Sale $209,000 -- $204 / 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 $6,769 $596,900 $0 $596,900
2024 $7,050 $606,700 $0 $606,700
2023 $6,000 $479,600 $0 $479,600
2022 $4,028 $304,000 $0 $304,000
2021 $3,965 $287,300 $0 $287,300
2020 $3,881 $268,600 $0 $268,600
2019 $3,710 $245,700 $0 $245,700
2018 $3,450 $224,300 $0 $224,300
2017 $3,386 $213,500 $0 $213,500
2016 $3,208 $204,700 $0 $204,700
2015 $3,215 $195,900 $0 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72947752

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000033-000802-000802