131 Derby St Unit 3R Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $430,000 - $477,332
2
Beds
1
Bath
823
Sq Ft
10,019
Sq Ft Lot
Highlights
- 0.23 Acre Lot
- 2 Car Attached Garage
- Baseboard Heating
- Wood Flooring
- Central Air
- 1-minute walk to Swiniuch Park
About This Home
As of September 2022Rare opportunity Amazing 2 Bedroom centrally located a stones throw away from world famous sights such as Pickering Wharf, The House of the Seven Gables, PEM museum & countless historic homes on the Harbor, restaurants, boutique shopping, fine dining, museums, & nightlife. Commuter rail & Ferry to Boston. Close to Salem Willows, the Common & downtown amenities. right in the heart of Salem on Derby St. w/water views!! Enjoy a 3rd floor covered deck that overlooks the Salem Harbor. This unit was completely renovated in 2005 w/all new plumbing, electric, kitchen, appliances, ect., with nothing to worry about for years to come. Beautiful Granite counter-tops & kitchen Island. Extra Storage in Basement & Carport. Open Concept Living Room & Kitchen w/9 ft ceilings throughout! Laundry in unit, 2 car tandem parking off street covered! Huge 19 X 9 storage room in the basement! This is a must see! Check out the virtual 3D walkthrough tour. - https://my.matterport.com/show/?m=XLoBjtdapJK
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,524
Year Built
- Built in 1900
Lot Details
- 10,019
Parking
- 2 Car Attached Garage
- Tuck Under Parking
- Driveway
- Open Parking
Interior Spaces
- 823 Sq Ft Home
- 3-Story Property
- Insulated Windows
- Wood Flooring
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Connected
Community Details
- Property has a Home Owners Association
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 6 Units
- Mid-Rise Condominium
Listing and Financial Details
- Assessor Parcel Number M:41 L:0316 S:806,4542254
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Sep 2, 2022
Sold by
Zizzo Jessica and Fortin Nicholas
Bought by
Lyon Alex C and Moriarty Lindsay N
Seller's Agent
Kevin Mccafferty
RyVal Homes
Buyer's Agent
Maria Salzillo
J. Barrett & Company
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Total Days on Market
0
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
$36,583
Avg. Annual Appreciation
2.28%
Original Mortgage
$375,000
Outstanding Balance
$361,456
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,307
Purchase Details
Listed on
Aug 15, 2020
Closed on
Sep 25, 2020
Sold by
Roman Tara
Bought by
Fortin Nicholas and Zizzo Jessica
Seller's Agent
Kevin Mccafferty
RyVal Homes
Buyer's Agent
Eileen Milner
Lamacchia Realty, Inc.
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$342,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2017
Sold by
Hector Joel D and Hector Laura S
Bought by
Roman Tara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,100
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2005
Sold by
Invs Renaissance Re
Bought by
Hector Joel D and Hector Laura S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
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 |
|---|---|---|---|
| Lyon Alex C | $425,000 | None Available | |
| Fortin Nicholas | $360,000 | None Available | |
| Roman Tara | $278,000 | -- | |
| Hector Joel D | $274,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lyon Alex C | $375,000 | |
| Previous Owner | Fortin Nicholas | $342,000 | |
| Previous Owner | Roman Tara | $264,100 | |
| Previous Owner | Hector Joel D | $237,500 | |
| Previous Owner | Hector Joel D | $319,920 | |
| Previous Owner | Hector Joel D | $54,980 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2022 09/02/22 | Sold | $425,000 | +6.3% | $516 / Sq Ft |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $399,900 | +11.1% | $486 / Sq Ft |
| 10/01/2020 10/01/20 | Sold | $360,000 | +2.9% | $437 / Sq Ft |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- |
| 08/15/2020 08/15/20 | For Sale | $349,900 | -- | $425 / 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 | $4,974 | $438,600 | $0 | $438,600 |
| 2024 | $4,873 | $419,400 | $0 | $419,400 |
| 2023 | $4,726 | $377,800 | $0 | $377,800 |
| 2022 | $4,524 | $341,400 | $0 | $341,400 |
| 2021 | $4,181 | $303,000 | $0 | $303,000 |
| 2020 | $4,253 | $294,300 | $0 | $294,300 |
| 2019 | $4,148 | $274,700 | $0 | $274,700 |
| 2018 | $4,033 | $262,200 | $0 | $262,200 |
| 2017 | $4,146 | $261,400 | $0 | $261,400 |
| 2016 | $3,838 | $244,900 | $0 | $244,900 |
| 2015 | $3,699 | $225,400 | $0 | $225,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Mccafferty
Seller's Agent in 2022
Kevin Mccafferty
RyVal Homes
(978) 869-4584
5 in this area
56 Total Sales
-
Maria Salzillo
Buyer's Agent in 2022
Maria Salzillo
J. Barrett & Company
(508) 527-6910
2 in this area
124 Total Sales
-
Eileen Milner
Buyer's Agent in 2020
Eileen Milner
Lamacchia Realty, Inc.
(781) 859-9417
1 in this area
44 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73003852
APN: SALE-000041-000000-000316-000806-000806
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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