111 Derby St Unit 1 Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $433,000 - $478,000
2
Beds
1
Bath
870
Sq Ft
$164/mo
HOA Fee
Highlights
- Marina
- Medical Services
- Property is near public transit
- Golf Course Community
- Open Floorplan
- 1-minute walk to Swiniuch Park
About This Home
As of September 2022Historic Derby Street, Salem, MA. C.1771 Georgian Colonial, an Architectural Gem, splendid condition. 2 bdrm w/ ss washer/dryer- laundry rm in unit. 3 unit bldg. Pets ok (breed restrictive). Private entrance 1st fl was Harbor Realty 1985-2021. Prior, Gables Variety (Pharmacy) for 50+ yrs. Just renovated to the studs w/ brand new 9" wide, engineered white oak flooring, ss quartz kitchen, shaker soft close cab, quartz Island. Separate room w/ ss washer & dryer, Gas HVAC, electric panel/wiring, plumbing, insulation, new Marvin double hung windows. Roof 2-3 yrs old. Exterior in superb condition. Pet friendly (breed restricted). Deeded bsmnt storage (9.6x11.6). Stable $164 condo fee was $ 135 in 1985. Down the street from the Harbor, House of 7 Gables, Pickering Wharf, Downtown, Ferry & T stop. Collins Cove Beach nearby. Sweet location. Resident sticker pkg (Salem has allowed pkg @ Salem Ferry ). Open houses Thurs (5-6:30), Sat/Sund (1-2:30). Offers if any due 8.8 6PM. Seller reply 24 hrs
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,175
Year Built
- Built in 1771 | Remodeled
Lot Details
- 2,178
HOA Fees
- $164 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 870 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- Beamed Ceilings
- Recessed Lighting
- Light Fixtures
- Picture Window
- Basement
Kitchen
- Stove
- Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Engineered Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- Heat Pump System
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Energy-Efficient Thermostat
- Walking Distance to Water
Listing and Financial Details
- Assessor Parcel Number M:41 L:0290 S:801,2138097
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, reserve funds
- 3 Units
- Mid-Rise Condominium
- 1771 Ropes House Condominium Community
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
Pet Policy
- Call for details about the types of pets allowed
Additional Features
- Medical Services
- Storm Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2022
Closed on
Sep 1, 2022
Sold by
Mo Marr Rt
Bought by
Ab Derby Street Ret
Seller's Agent
Gary Blattberg
RE/MAX Beacon
Buyer's Agent
Amanda Brawley
RE/MAX Beacon
List Price
$399,000
Sold Price
$414,000
Premium/Discount to List
$15,000
3.76%
Total Days on Market
4
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,182
Avg. Annual Appreciation
2.47%
Purchase Details
Closed on
Sep 3, 1985
Bought by
Mo Marr Rt
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ab Derby Street Ret | $414,000 | None Available | |
| Mo Marr Rt | $67,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ab Derby Street Ret | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2022 09/02/22 | Sold | $414,000 | +3.8% | $476 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | For Sale | $399,000 | -- | $459 / 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 | $4,502 | $397,000 | $0 | $397,000 |
| 2024 | $4,405 | $379,100 | $0 | $379,100 |
| 2023 | $4,058 | $324,400 | $0 | $324,400 |
| 2022 | $3,683 | $140,000 | $0 | $140,000 |
| 2021 | $3,864 | $140,000 | $0 | $140,000 |
| 2020 | $3,459 | $121,700 | $0 | $121,700 |
| 2019 | $3,188 | $107,900 | $0 | $107,900 |
| 2018 | $3,234 | $107,900 | $0 | $107,900 |
| 2017 | $3,236 | $107,900 | $0 | $107,900 |
| 2016 | $3,188 | $107,900 | $0 | $107,900 |
| 2015 | $3,201 | $103,300 | $0 | $103,300 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Blattberg
Seller's Agent in 2022
Gary Blattberg
RE/MAX
(978) 882-4469
3 in this area
127 Total Sales
-
Amanda Brawley
Buyer's Agent in 2022
Amanda Brawley
RE/MAX
(617) 966-6652
2 in this area
33 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73020811
APN: SALE-000041-000000-000290-000801-000801
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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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