127 Derby St Unit 2 Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $402,000 - $418,741
2
Beds
1
Bath
763
Sq Ft
$150/mo
HOA Fee
Highlights
- Waterfront
- Property is near public transit
- 2 Fireplaces
- Deck
- Wood Flooring
- 1-minute walk to Swiniuch Park
About This Home
As of April 20221786 Ocean block condo in Historic Salem MA. One car covered garage. This bright and airy 2 bedroom, 1 bath condo, includes washer and dryer in unit, ocean view from deck, with ample storage in basement. All in short distance to: The House of Seven Gables, PEM, restaurants and local beaches. Close to train station, MBTA or take the ferry to Boston.OFFERS WILL BE DUE TUESDAY @ 5.SELLER RESERVES THE RIGHT TO EXCEPT A OFFER BEFORE TUESDAY DEADLINE.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,108
Year Built
- Built in 1786
HOA Fees
- $150 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Open Parking
- Deeded Parking
Interior Spaces
- 763 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Schools
- Bentley Elementary School
- Collins Middle School
- Salem High School
Utilities
- Window Unit Cooling System
- 1 Heating Zone
- Heating System Uses Oil
- Baseboard Heating
- 110 Volts
- Natural Gas Connected
- Oil Water Heater
Additional Features
- Deck
- Waterfront
Listing and Financial Details
- Assessor Parcel Number 2138132
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
- 3 Units
Amenities
- Shops
Recreation
- Park
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2022
Closed on
Apr 8, 2022
Sold by
Folkins Danielle K
Bought by
Wise Angela and Woodward Phyllis L
Seller's Agent
Abigail Bates
Coldwell Banker Realty - Beverly
Buyer's Agent
Kerry Welton
Real Broker MA, LLC
List Price
$353,900
Sold Price
$360,000
Premium/Discount to List
$6,100
1.72%
Total Days on Market
6
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
$52,185
Avg. Annual Appreciation
4.43%
Original Mortgage
$346,750
Outstanding Balance
$329,821
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,364
Purchase Details
Listed on
Aug 19, 2016
Closed on
Oct 25, 2016
Sold by
127 Derby Street Rt
Bought by
Folkins Danielle K
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Ruth Kendrew
Coldwell Banker Realty - Lynnfield
List Price
$229,900
Sold Price
$229,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$218,405
Interest Rate
3.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2013
Sold by
Sarno Douglas E
Bought by
127 Derby Street Rt
Purchase Details
Closed on
Jun 15, 2012
Sold by
Yourell Karen M
Bought by
Sarno Douglas E
Purchase Details
Closed on
Mar 6, 2003
Sold by
Power John J
Bought by
Yourell Karen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 27, 1999
Sold by
Cox Elizabeth A
Bought by
Power John J
Purchase Details
Closed on
Jun 12, 1998
Sold by
Minacapilli Salvatore
Bought by
Cox Elizabeth A
Purchase Details
Closed on
Apr 17, 1997
Sold by
Higgins James P and Higgins Jill E
Bought by
Minacapilli Salvatore
Purchase Details
Closed on
Aug 15, 1988
Sold by
Davern Timothy J
Bought by
Higgins James P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wise Angela | $365,000 | None Available | |
| Folkins Danielle K | $229,900 | -- | |
| 127 Derby Street Rt | -- | -- | |
| Sarno Douglas E | $175,000 | -- | |
| Yourell Karen M | $172,000 | -- | |
| Power John J | $121,000 | -- | |
| Cox Elizabeth A | $76,265 | -- | |
| Minacapilli Salvatore | $42,500 | -- | |
| Higgins James P | $117,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wise Angela | $346,750 | |
| Closed | Wise Angela | $15,000 | |
| Previous Owner | Folkins Danielle K | $218,405 | |
| Previous Owner | Higgins James P | $144,000 | |
| Previous Owner | Higgins James P | $137,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $360,000 | +1.7% | $472 / Sq Ft |
| 02/23/2022 02/23/22 | Pending | -- | -- | -- |
| 02/16/2022 02/16/22 | For Sale | $353,900 | +53.9% | $464 / Sq Ft |
| 10/04/2016 10/04/16 | Pending | -- | -- | -- |
| 09/19/2016 09/19/16 | Sold | $229,900 | 0.0% | $301 / Sq Ft |
| 09/01/2016 09/01/16 | Pending | -- | -- | -- |
| 08/19/2016 08/19/16 | For Sale | $229,900 | -- | $301 / 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 | $4,199 | $370,300 | $0 | $370,300 |
| 2024 | $4,237 | $364,600 | $0 | $364,600 |
| 2023 | $4,223 | $337,600 | $0 | $337,600 |
| 2022 | $4,108 | $310,000 | $0 | $310,000 |
| 2021 | $4,042 | $292,900 | $0 | $292,900 |
| 2020 | $3,962 | $274,200 | $0 | $274,200 |
| 2019 | $3,767 | $249,500 | $0 | $249,500 |
| 2018 | $3,502 | $227,700 | $0 | $227,700 |
| 2017 | $3,140 | $198,000 | $0 | $198,000 |
| 2016 | $2,971 | $189,600 | $0 | $189,600 |
| 2015 | $2,973 | $181,200 | $0 | $181,200 |
Source: Public Records
Agents Affiliated with this Home
-
Abigail Bates
A
Seller's Agent in 2022
Abigail Bates
Coldwell Banker Realty - Beverly
1 in this area
5 Total Sales
-
Kerry Welton
Buyer's Agent in 2022
Kerry Welton
Real Broker MA, LLC
(603) 548-5935
1 in this area
10 Total Sales
-
Jason Saphire
Seller's Agent in 2016
Jason Saphire
Saphire Hospitality, Inc.
(877) 249-5478
1,349 Total Sales
-
Buyer's Agent in 2016
Ruth Kendrew
Coldwell Banker Realty - Lynnfield
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72943378
APN: SALE-000041-000000-000315-000802-000802
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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