131 Derby St Unit 1R Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $429,000 - $469,000
2
Beds
1
Bath
813
Sq Ft
$300/mo
HOA Fee
Highlights
- Wood Flooring
- Intercom
- 1-minute walk to Swiniuch Park
About This Home
As of January 2021Nestled in the heart of Salem, and nearby many landmarks and local establishments, you'll find this lovely condo that's ready for new ownership. Located just off Salem Harbor this first level unit has gorgeous dark hardwoods and tall ceilings. Modern wall colors, as well as the updated kitchen and large windows makes for a cheery and cozy living space. The expansive kitchen features granite countertops, island, stainless appliances, gas range and a multitude of cabinet space. The open floor plan flows directly into the living room that enjoys great late afternoon sun exposure. The bedrooms are well-proportioned with ample closet space. A full bath, with tub/shower rounds out the space. Laundry hook-ups in the unit are available as well as separate private hook-ups in your basement storage space. Close proximity to Salem Common, the Peabody Essex Museum, and an array of unique local shops makes this home a fantastic choice!
Last Listed By
Chinatti Realty Group
Chinatti Realty Group, Inc. Listed on: 12/14/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,789
Year Built
- Built in 1900
Lot Details
- 10,019
HOA Fees
- $300 per month
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Laundry in unit
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number M:41 L:0316 S:802
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2020
Closed on
Jan 15, 2021
Sold by
Balcom Alan and Loeffler Katie
Bought by
Daly Jena K
Seller's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
Buyer's Agent
Leah Pennini
Gamut Group LLC
List Price
$329,900
Sold Price
$362,000
Premium/Discount to List
$32,100
9.73%
Total Days on Market
14
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
$91,612
Avg. Annual Appreciation
5.39%
Original Mortgage
$289,600
Outstanding Balance
$261,244
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,368
Purchase Details
Listed on
Apr 28, 2016
Closed on
Aug 12, 2016
Sold by
Elouche Akram S
Bought by
Loeffler Katie
Seller's Agent
Shirley Burke
Coldwell Banker Realty - Marblehead
Buyer's Agent
Richard Rosa
Buyers Brokers Only, LLC
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$261,900
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 24, 2010
Sold by
Spring Christopher W and Streff Megan C
Bought by
Elouche Akram S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,610
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 29, 2005
Sold by
Investm Renaissance Re
Bought by
Spring Christopher W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,305
Interest Rate
5.67%
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 |
|---|---|---|---|
| Daly Jena K | $362,000 | None Available | |
| Loeffler Katie | $270,000 | -- | |
| Elouche Akram S | $222,900 | -- | |
| Spring Christopher W | $268,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daly Jena K | $289,600 | |
| Previous Owner | Balcom Alan | $249,000 | |
| Previous Owner | Loeffler Katie | $261,900 | |
| Previous Owner | Spring Christopher W | $198,000 | |
| Previous Owner | Spring Christopher W | $200,610 | |
| Previous Owner | Spring Christopher W | $54,623 | |
| Previous Owner | Spring Christopher W | $40,305 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2021 01/29/21 | Sold | $362,000 | +9.7% | $445 / Sq Ft |
| 12/28/2020 12/28/20 | Pending | -- | -- | -- |
| 12/14/2020 12/14/20 | For Sale | $329,900 | +22.2% | $406 / Sq Ft |
| 08/12/2016 08/12/16 | Sold | $270,000 | 0.0% | $332 / Sq Ft |
| 05/04/2016 05/04/16 | Pending | -- | -- | -- |
| 04/28/2016 04/28/16 | For Sale | $269,900 | 0.0% | $332 / Sq Ft |
| 03/21/2014 03/21/14 | Rented | $1,775 | 0.0% | -- |
| 03/21/2014 03/21/14 | For Rent | $1,775 | +10.9% | -- |
| 11/01/2012 11/01/12 | Rented | $1,600 | -11.1% | -- |
| 11/01/2012 11/01/12 | For Rent | $1,800 | -- | -- |
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 | $4,789 | $422,300 | $0 | $422,300 |
| 2024 | $4,686 | $403,300 | $0 | $403,300 |
| 2023 | $4,524 | $361,600 | $0 | $361,600 |
| 2022 | $4,366 | $329,500 | $0 | $329,500 |
| 2021 | $4,021 | $291,400 | $0 | $291,400 |
| 2020 | $4,086 | $282,800 | $0 | $282,800 |
| 2019 | $3,979 | $263,500 | $0 | $263,500 |
| 2018 | $3,880 | $252,300 | $0 | $252,300 |
| 2017 | $3,989 | $251,500 | $0 | $251,500 |
| 2016 | $3,686 | $235,200 | $0 | $235,200 |
| 2015 | $3,563 | $217,100 | $0 | $217,100 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2021
Chinatti Realty Group
Chinatti Realty Group, Inc.
-
Nick Cuevas
Seller Co-Listing Agent in 2021
Nick Cuevas
Compass
(978) 395-6491
1 in this area
62 Total Sales
-
Leah Pennini
Buyer's Agent in 2021
Leah Pennini
Gamut Group LLC
(781) 484-7437
1 in this area
32 Total Sales
-
S
Seller's Agent in 2016
Shirley Burke
Coldwell Banker Realty - Marblehead
-
Richard Rosa
Buyer's Agent in 2016
Richard Rosa
Buyers Brokers Only, LLC
(978) 835-5906
73 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72766901
APN: SALE-000041-000000-000316-000802-000802
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.
Nearby Homes
- 20 Turner St
- 9 Kosciusko St Unit 3
- 7 Curtis St Unit 1
- 4 Boardman St Unit 2
- 4 Boardman St Unit 1
- 8-8.5 Herbert St
- 52 Forrester St Unit 2
- 52 Forrester St Unit 1
- 80 Wharf St Unit K3
- 20 Andrew St
- 21 Washington Square Unit 2
- 26 Winter St
- 34 Pleasant St Unit 1
- 4 Pleasant Street Ave Unit 4
- 7 Winter St Unit 2
- 69 Harbor St
- 33 Harbor St
- 11 Church St Unit 506
- 20 Central St Unit 402
- 44 Pingree St Unit 3
- 131 Derby St Unit 5
- 131 Derby St Unit 4
- 131 Derby St Unit 3R
- 131 Derby St Unit 3F
- 131 Derby St Unit 2R
- 131 Derby St Unit 2F
- 131 Derby St Unit 1R
- 131 Derby St Unit 1F
- 135 Derby St
- 137 Derby St
- 131 R Derby Unit 1
- 131 R Derby Unit 2
- 143-147 Derby St
- 132 Derby St Unit 6
- 132 Derby St Unit 5
- 132 Derby St Unit 4
- 143 Derby St
- 127 Derby St Unit 3
- 127 Derby St Unit 2
- 127 Derby St Unit 1