NOT LISTED FOR SALE

Estimated Value: $469,000 - $502,093

2 Beds
1 Bath
901 Sq Ft
$225/mo HOA Fee

Last Sold May 25, 2022

Last sale price $442,000 $491 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,339/month

12 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Property is near public transit
  • Medical Services
  • Deck
  • 1-minute walk to Swiniuch Park

About This Home

As of May 2022

Fully renovated in 2020, ready for you to move in today! Great light, fresh space, in an excellent downtown location off Derby Street in historic Salem. Second floor unit with open plan living room, kitchen, dining area, and office nook. Two generous bedrooms and great full bath with tub. Air conditioned throughout. Cute deck space and one car off-street parking, W/D hookup in unit. Easy access to Ferry to Boston, commuter rail, Salem Common, restaurants, P/EM, Salem Harbor and more! Showings start Wednesday afternoon, come see your next home!

Last Listed By

Brian Skidmore

RE/MAX Beacon Listed on: 04/05/2022

RE/MAX Beacon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,668

Year Built

  • Built in 1850

Lot Details

  • Waterfront
  • Near Conservation Area

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 901 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Laminate Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heat Pump System
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 6 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,668

Year Built

Built in 1850

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1850
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood Laminate
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Washer Hookup
  • Living Area: 901
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4471
  • LIST PRICE PER Sq Ft: 509.43
  • PRICE PER Sq Ft: 490.57
  • MAIN SO: AN6617

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Wood
  • Roof: Rubber
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Electric: 110 Volts, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, T-Station, University
  • UNIT BUILDING: 4
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 320

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4668
  • Tax Book Number: 39348

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Derett Rafael J
Bought by
Derett Kathleen M and Derett Rafael J
Total Days on Market
12
Current Estimated Value
$483,273

Range of Values:

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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
Derett Kathleen M -- None Available
Derett Kathleen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derett Rafael J $426,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $442,000 -3.7% $491 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $459,000 -- $509 / 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 $5,067 $446,800 $0 $446,800
2024 $4,952 $426,200 $0 $426,200
2023 $4,639 $370,800 $0 $370,800
2022 $4,668 $352,300 $0 $352,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72962010

MLS Property Information Network (MLS PIN)

APN: SALE M:35 L:0350 S:804