131 Derby St Unit 2F Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $430,000 - $469,000
2
Beds
1
Bath
800
Sq Ft
$300/mo
HOA Fee
Highlights
- Medical Services
- 0.23 Acre Lot
- Property is near public transit
- Waterfront
- Open Floorplan
- 1-minute walk to Swiniuch Park
About This Home
As of September 2021Gorgeous 2nd floor 2 bdrm unit in AMAZING location on historic DERBY Street just a stone's throw away from Pickering Wharf, The Friendship, The Custom House & Historic Salem Harbor as well as countless cafes, Restaurants, nightlife, shopping & local attractions. This spacious unit features a modern open concept living space w/large kitchen w/SS appliances and lovely island w/granite countertops and generous living room. Ample bedrooms, an updated bath, in unit laundry and a private covered porch complete the package! Deeded parking in the back as well as additional spacious basement storage available too! All this and PET FRIENDLY! Close to Ferry, Train Station and so much more!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,965
Year Built
- Built in 1900
Lot Details
- Waterfront
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Garden Home
Interior Spaces
- 800 Sq Ft Home
- 1-Story Property
- Open Floorplan
Kitchen
- Range
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Off-Street Parking
- Deeded Parking
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- 1 Heating Zone
- Heating System Uses Oil
- Baseboard Heating
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:41 L:0316 S:803,4542254
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, snow removal
- 8 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2021
Closed on
Sep 30, 2021
Sold by
Maxton Timothy A
Bought by
Salmon Nora B
Seller's Agent
Vasia Kalaras
J. Barrett & Company
Buyer's Agent
Justin Repp
Keller Williams Realty Evolution
List Price
$349,900
Sold Price
$381,000
Premium/Discount to List
$31,100
8.89%
Total Days on Market
3
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
$67,868
Avg. Annual Appreciation
3.79%
Original Mortgage
$342,900
Outstanding Balance
$316,066
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,148
Purchase Details
Listed on
Jan 16, 2012
Closed on
Mar 23, 2012
Sold by
Halter David E
Bought by
Maxton Timothy A
Seller's Agent
Susan Olson
MerryFox Realty
Buyer's Agent
Vasia Kalaras
J. Barrett & Company
List Price
$229,900
Sold Price
$222,500
Premium/Discount to List
-$7,400
-3.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$162,500
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2005
Sold by
Invs Renaissance Re
Bought by
Halter David E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salmon Nora B | $381,000 | None Available | |
| Maxton Timothy A | $222,500 | -- | |
| Halter David E | $264,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salmon Nora B | $60,000 | |
| Open | Salmon Nora B | $342,900 | |
| Previous Owner | Maxton Timothy A | $300,000 | |
| Previous Owner | Halter David E | $162,500 | |
| Previous Owner | Halter David E | $161,000 | |
| Previous Owner | Halter David E | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $381,000 | +8.9% | $476 / Sq Ft |
| 08/24/2021 08/24/21 | Pending | -- | -- | -- |
| 08/20/2021 08/20/21 | For Sale | $349,900 | +57.3% | $437 / Sq Ft |
| 03/23/2012 03/23/12 | Sold | $222,500 | -3.2% | $278 / Sq Ft |
| 02/26/2012 02/26/12 | Pending | -- | -- | -- |
| 01/16/2012 01/16/12 | For Sale | $229,900 | -- | $287 / 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 | $4,730 | $417,100 | $0 | $417,100 |
| 2024 | $4,627 | $398,200 | $0 | $398,200 |
| 2023 | $4,459 | $356,400 | $0 | $356,400 |
| 2022 | $4,304 | $324,800 | $0 | $324,800 |
| 2021 | $3,965 | $287,300 | $0 | $287,300 |
| 2020 | $4,030 | $278,900 | $0 | $278,900 |
| 2019 | $3,924 | $259,900 | $0 | $259,900 |
| 2018 | $3,827 | $248,800 | $0 | $248,800 |
| 2017 | $3,933 | $248,000 | $0 | $248,000 |
| 2016 | $3,635 | $232,000 | $0 | $232,000 |
| 2015 | $3,513 | $214,100 | $0 | $214,100 |
Source: Public Records
Agents Affiliated with this Home
-
Vasia Kalaras
Seller's Agent in 2021
Vasia Kalaras
J. Barrett & Company
(978) 239-5296
1 in this area
24 Total Sales
-
Justin Repp
Buyer's Agent in 2021
Justin Repp
Keller Williams Realty Evolution
(978) 273-6680
1 in this area
106 Total Sales
-
Susan Olson
S
Seller's Agent in 2012
Susan Olson
MerryFox Realty
(978) 902-1759
2 in this area
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72884358
APN: SALE-000041-000000-000316-000803-000803
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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