$229,900
SOLD SEP 19, 2016

127 Derby St Unit 2 Salem, MA 01970

Derby Street Neighborhood
2 Beds
1 Bath
763 Sq Ft
1786 Built

Recently Sold

$301 Per Sq Ft

31 Days on Market

About This Home

As of April 2022

UPDATE: Back-up offers being accepted - 1786 historical home is 1 of a 3 unit condominium in the Derby Street neighborhood; steps to everything in Salem! With deeded garage, off-street parking, this charming unit boasts 2 bedrooms, 1 full bath with shower and tub, hardware floors, washer/dryer in unit, full kitchen with all appliances, 2 fireplaces and partial water views from patio deck. With dedicated basement storage too, this unit could not be in more desirable area of the City!

Last Agent to Sell the Property

Jason Saphire

Saphire Hospitality, Inc. Listed on: 08/19/2016

Last Buyer's Agent

Ruth Kendrew

Coldwell Banker Realty - Lynnfield License #454000662

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,199

Year Built

1786

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1786

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer / Dryer Combo, Vent Hood
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, House of Worship, Marina, Public School, T-Station, University
  • Electric: 220 Volts, Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Dining Room: Second Floor
  • Family Room: Second Floor
  • No Living Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Post & Beam
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Wood, Storage Shed, Screens
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached, Deeded
  • Garage Spaces: 1
  • Parking: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC, Unit Control
  • Heating: Hot Water Baseboard, Oil, Unit Control
  • Hot Water: Oil, Tankless
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Security: Fenced
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Bentley
  • Middle School: Collins
  • High School: Salem High

Lot Info

  • Zoning: R3

Multi Family

  • Waterview: Harbor, Other (See Remarks)

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%
Current Estimated Value
$418,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,314
Avg. Annual Appreciation
4.08%
Original Mortgage
$346,750
Outstanding Balance
$328,299
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$84,171

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
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $365,000 None Available
Not Resolvable $229,900 --
Deed -- --
Not Resolvable $175,000 --
Deed $172,000 --
Deed $121,000 --
Deed $76,265 --
Deed $42,500 --
Deed $117,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $346,750 Purchase Money Mortgage
Closed $15,000 Purchase Money Mortgage
Previous Owner $218,405 New Conventional
Previous Owner $144,000 No Value Available
Previous Owner $137,600 Purchase Money Mortgage
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

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 $4,199 $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

  • A

    Seller's Agent in 2022

    Abigail Bates

    Coldwell Banker Realty - Beverly

    1 in this area

    5 Total Sales

    Abigail Bates
    Section Image

  • K

    Buyer's Agent in 2022

    Kerry Welton

    Real Broker MA, LLC

    Section Image
  • Jason Saphire

    Seller's Agent in 2016

    Jason Saphire

    Saphire Hospitality, Inc.

    (877) 249-5478

    1,224 Total Sales

    Jason Saphire
    Section Image

  • R

    Buyer's Agent in 2016

    Ruth Kendrew

    Coldwell Banker Realty - Lynnfield

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72055673

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000315-000802-000802

Massachusetts Essex County Salem 01970 Derby Street

127 Derby St Unit 2, Salem, MA

This home is located at 127 Derby St Unit 2, Salem, MA 01970 and is currently priced at $229,900, approximately $301 per square foot. This property was built in 1786. 127 Derby St Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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