$320,000
SOLD DEC 4, 2018
2 Beds
1 Bath
740 Sq Ft
$150/mo HOA Fee

Recently Sold

$432 Per Sq Ft

11 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Swiniuch Park

About This Home

As of April 2021

Beautiful condo just steps from the Salem Waterfront. Lose yourself in Salem's charm, this condo is seconds to the House of Seven Gables. Recently renovated, this 2 bed, 1 bath condo features new heat and central AC unit, on-demand hot water, and private outdoor deck to enjoy these New England fall nights. Conveniently located near public beaches, the ferry, shops, museums, and everything else Salem has to offer.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 10/04/2018

Co-Listed By

Nick Zolotas

Herrick Lutts Realty Partners

Last Buyer's Agent

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 10/04/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,915

Year Built

  • Built in 1870

HOA Fees

  • $150 per month

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0304

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,915

Year Built

Built in 1870

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.00
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 432.30
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1870

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: Second Floor, Countertops - Stone/Granite/Solid, Main Level, Remodeled, Stainless Steel Appliances, Gas Stove
  • Living Room: On Level: Second Floor, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95098
  • Main So: C95098
  • Estimated Sq Ft: 740.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Clapboard, Wood
  • Insulation Feature: Partial
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 150.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Reserve Funds
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: 126 Derby Street Condominium

Lot Info

  • Assessments: 394500.00
  • Page: 347
  • Parcel Number: M:41 L:0304
  • Zoning: B1

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 6067.00
  • Assessor Parcel Number: 2138118

Multi Family

  • No Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 22, 2021
Sold by
Bellinger Garrett M and Jabbal Jasveer S
Bought by
Gaspar Amanda
Seller's Agent
Jason Grzybek
Herrick Lutts Realty Partners
Buyer's Agent
Marjie and Phil
Advisors Living - Arlington
List Price
$364,900
Sold Price
$370,000
Premium/Discount to List
$5,100
1.4%
Current Estimated Value
$453,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,012
Avg. Annual Appreciation
4.23%
Original Mortgage
$259,000
Outstanding Balance
$237,031
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,874

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 20, 2018
Sold by
Benco Llc
Bought by
Bollinger Garrett M
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$304,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Condominium Deed $370,000 None Available
Condominium Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $259,000 Purchase Money Mortgage
Previous Owner $304,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $370,000 +1.4% $500 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $364,900 +14.0% $493 / Sq Ft
12/04/2018 12/04/18 Sold $320,000 0.0% $432 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $319,900 -- $432 / 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 $4,915 $433,400 $0 $433,400
2024 $4,792 $412,400 $0 $412,400
2023 $4,567 $365,100 $0 $365,100
2022 $4,444 $335,400 $0 $335,400
2021 $4,366 $316,400 $0 $316,400
2020 $4,414 $305,500 $0 $305,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72405741

MLS Property Information Network (MLS PIN)

APN: 41-0304-802