110 Derby St Unit 2 Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $632,000 - $680,000
2
Beds
2
Baths
1,271
Sq Ft
$518/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Wood Flooring
- Waterfront
- Property is near public transit
- 1-minute walk to Swiniuch Park
About This Home
As of April 2022If 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.
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
- 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
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
Total Days on Market
4
Current Estimated Value
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
$307,371
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
2.09%
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
11.16%
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
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
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
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
-
Merry Fox Team
M
Seller's Agent in 2022
Merry Fox Team
MerryFox Realty
24 in this area
281 Total Sales
-
Dan Fox
Seller Co-Listing Agent in 2022
Dan Fox
MerryFox Realty
(978) 740-0008
13 in this area
103 Total Sales
-
Vantage Point Team
V
Buyer's Agent in 2022
Vantage Point Team
William Raveis R.E. & Home Services
(781) 861-9600
1 in this area
73 Total Sales
-
S
Seller's Agent in 2013
Shannon Guilmet
Keller Williams Realty Evolution
-
Margaret McNamara
Buyer's Agent in 2013
Margaret McNamara
J. Barrett & Company
(978) 836-6204
21 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72947752
APN: SALE-000041-000000-000033-000802-000802
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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