NOT LISTED FOR SALE

126 Derby St Unit 3 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $416,000 - $506,000

2 Beds
1 Bath
740 Sq Ft
$150/mo HOA Fee

Last Sold December 10, 2018

Last sale price $320,000 $432 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,146/month

26 Days on Market

Highlights

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

About This Home

As of December 2018

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 Listed By

Herrick Lutts Realty Partners

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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,908

Year Built

  • Built in 1870

Lot Details

  • 1,394

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

$4,908

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: 445.81
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • 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: Third Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Third Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: Third Floor, Countertops - Stone/Granite/Solid, Main Level, Remodeled, Stainless Steel Appliances, Gas Stove
  • Living Room: On Level: Third Floor, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95098
  • Main So: AN4870
  • 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
Oct 4, 2018
Closed on
Nov 21, 2018
Sold by
Benco Llc
Bought by
Offner Matthew
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Jeff Stephens
Compass
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Total Days on Market
26
Current Estimated Value
$464,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,375
Avg. Annual Appreciation
5.94%
Original Mortgage
$256,000
Interest Rate
4.8%
Mortgage Type
New Conventional

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
Offner Matthew $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Offner Matthew $252,000
Closed Offner Matthew $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $320,000 -3.0% $432 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $329,900 -- $446 / 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 $4,908 $432,800 $0 $432,800
2024 $4,786 $411,900 $0 $411,900
2023 $4,561 $364,600 $0 $364,600
2022 $4,437 $334,900 $0 $334,900
2021 $4,366 $316,400 $0 $316,400
2020 $4,414 $305,500 $0 $305,500
Source: Public Records

Agents Affiliated with this Home

  • Nick Zolotas

    Seller Co-Listing Agent in 2018

    Nick Zolotas

    Herrick Lutts Realty Partners

    (978) 969-3427

    3 in this area

    36 Total Sales

    Nick Zolotas
    Section Image
  • Jeff Stephens

    Buyer's Agent in 2018

    Jeff Stephens

    Compass

    (617) 733-9635

    26 Total Sales

    Jeff Stephens
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72405742

MLS Property Information Network (MLS PIN)

APN: 41-0304-803

Massachusetts Essex County Salem 01970 Derby Street

126 Derby St Unit 3, Salem, MA

Homes for Sale in Salem, MA

This home is located at 126 Derby St Unit 3, Salem, MA 01970 since 04 October 2018 and is currently estimated at $464,375, approximately $627 per square foot. This property was built in 1870. 126 Derby St Unit 3 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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