131 Derby St Unit 2F Salem, MA 01970
Derby Street Neighborhood
2
Beds
1
Bath
800
Sq Ft
$200/mo
HOA Fee
Highlights
- Waterfront
- Deck
- Wood Flooring
- 0.23 Acre Lot
- Property is near public transit
- 1-minute walk to Swiniuch Park
About This Home
As of September 2021Delightful garden condominium located on Salem's historic Derby Street. This bright, open spaced unit offers, hardwood floors, gourmet kitchen with ss/ appliances, granite counter tops, island, in unit laundry, private deck, private storage unit and off street deeded parking. Walking distance to train, ferry, shops and restaurants. Reasonable condo fee includes heat and your pet is welcome!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,291
Year Built
- Built in 1900
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Garden Home
- Frame Construction
- Rubber Roof
Interior Spaces
- 800 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Off-Street Parking
- Deeded Parking
Schools
- Collins Middle School
- Salem High School
Utilities
- Window Unit Cooling System
- 1 Heating Zone
- Heating System Uses Natural Gas
- Baseboard Heating
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Deck
- Waterfront
- Property is near public transit
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
- Shops
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%
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
$64,402
Avg. Annual Appreciation
4.14%
Original Mortgage
$342,900
Outstanding Balance
$316,066
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$129,336
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
Similar Home in Salem, MA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $381,000 | None Available | |
| Not Resolvable | $222,500 | -- | |
| Deed | $264,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $342,900 | Purchase Money Mortgage | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $162,500 | New Conventional | |
| Previous Owner | $161,000 | No Value Available | |
| Previous Owner | $165,000 | Purchase Money Mortgage |
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
-
Seller's Agent in 2021
Vasia Kalaras
J. Barrett & Company
(978) 239-5296
1 in this area
25 Total Sales
-
Buyer's Agent in 2021
Justin Repp
Keller Williams Realty Evolution
(978) 273-6680
1 in this area
104 Total Sales
-
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: 71327620
APN: SALE-000041-000000-000316-000803-000803
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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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