131 Derby St Unit 3R Salem, MA 01970
Derby Street Neighborhood
2
Beds
1
Bath
823
Sq Ft
10,019
Sq Ft Lot
Highlights
- Harbor Views
- Wood Flooring
- 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, The 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 with 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! Do not miss this beautiful home! Check out the virtual 3D walkthrough tour.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,974
Year Built
- Built in 1900
Parking
- 2 Car Garage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Utilities
- Window Unit Cooling System
- Hot Water Baseboard Heater
- Heating System Uses Oil
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Harbor Views
- Year Round Access
Community Details
- Pets Allowed
Listing and Financial Details
- Assessor Parcel Number M:41 L:0316 S:806
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
13
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
Map
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $425,000 | None Available | |
| Condominium Deed | $360,000 | None Available | |
| Not Resolvable | $278,000 | -- | |
| Deed | $274,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Purchase Money Mortgage | |
| Previous Owner | $342,000 | New Conventional | |
| Previous Owner | $264,100 | New Conventional | |
| Previous Owner | $237,500 | No Value Available | |
| Previous Owner | $319,920 | Purchase Money Mortgage | |
| Previous Owner | $54,980 | No Value Available |
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
| 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
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72710562
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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