NOT LISTED FOR SALE

Estimated Value: $370,000 - $452,000

2 Beds
1 Bath
640 Sq Ft
$100/mo HOA Fee

Last Sold January 17, 2020

Last sale price $276,000 $431 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,564/month

5 Days on Market

About This Home

As of January 2020

Excellent location for this updated sunny top floor condo. Neighborhood setting, between Salem Common and Derby Wharf. Two unit building built about 1870 and renovated since. There is an eat-in kitchen in the center of the unit. Great layout with the two bedrooms on one side and living room on the other. Features include hardwood floors, high ceilings and large windows. Right outside the kitchen door is a private deck with plenty of room for seating. A nice interior entry leads down to secured and ample storage space and private laundry in the basement. Included is a shared outdoor space with garden. Two-car off street parking. Enjoy living in the city with easy access to commuter rail, the harbor, ferry service to Boston, restaurants, shops, museums, other Salem businesses and more.

Last Agent to Sell the Property

John Farrell

Coldwell Banker Realty - Beverly Listed on: 12/05/2019

Coldwell Banker Realty - Beverly

Co-Listed By

Cindy Farrell

Coldwell Banker Realty - Beverly License #454001828

Last Buyer's Agent

David Brown

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,678

Year Built

  • Built in 1870

Lot Details

  • Year Round Access

HOA Fees

  • $100 per month

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0295 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,678

Year Built

Built in 1870

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 429.69
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1870

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 11X9, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 10X8, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Dimension: 5X5, Bathroom - Full
  • No Rooms: 4
  • Kitchen: On Level: Second Floor, Dimension: 15X13, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Deck - Exterior, Stainless Steel Appliances
  • Laundry: On Level: Basement
  • Living Room: On Level: Second Floor, Dimension: 11X13, Ceiling Fan(s), Closet, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 640.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Unit Features: Porch, Patio, Garden Area

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Deeded, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 100.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 14 Herbert Street Condo

Schools

  • High School: Salem HS

Lot Info

  • Assessments: 196400.00
  • Acre: 0.05
  • Lot Size: 2178.00
  • Page: 360
  • Parcel Number: M:35 L:0295 S:802
  • Zoning: R2
  • Master Book: 22337
  • Master Page: 177

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2966.00
  • Assessor Parcel Number: 4406654

Multi Family

  • No Units: 2
  • No Units Owner Occ: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Jan 7, 2020
Sold by
Chapman Allyson N and Ciruolo Angelina
Bought by
Vides Claudia
Seller's Agent
John Farrell
Coldwell Banker Realty - Beverly
Buyer's Agent
David Brown
Coldwell Banker Realty - Beverly
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$407,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,981
Avg. Annual Appreciation
7.07%

Purchase Details

Listed on
Jul 20, 2017
Closed on
Sep 22, 2017
Sold by
Mackenzie Rebecca and Peros Jonathon
Bought by
Monteforte Nicholas L and Chapman Allyson N
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Marblehead
Buyer's Agent
Matt Bernard
Cameron Real Estate Group
List Price
$239,000
Sold Price
$255,000
Premium/Discount to List
$16,000
6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$239,700
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2016
Sold by
Mackenzie Rebecca
Bought by
Mackenzie Rebecca and Peros Jonathon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,268
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Clark Cynthia A
Bought by
Mackenzie Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Hallinan 3Rd Timothy J
Bought by
Clark Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vides Claudia $276,000 None Available
Monteforte Nicholas L $255,000 --
Mackenzie Rebecca -- --
Mackenzie Rebecca $143,000 --
Clark Cynthia A $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monteforte Nicholas L $239,700
Previous Owner Mackenzie Rebecca $131,268
Previous Owner Clark Cynthia A $114,400
Previous Owner Clark Cynthia A $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2020 01/17/20 Sold $276,000 +0.4% $431 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $275,000 +7.8% $430 / Sq Ft
09/22/2017 09/22/17 Sold $255,000 +6.7% $398 / Sq Ft View Prior Sale
07/26/2017 07/26/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $239,000 -- $373 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $3,678 $324,300 $0 $324,300
2024 $3,582 $308,300 $0 $308,300
2023 $3,330 $266,200 $0 $266,200
2022 $3,228 $243,600 $0 $243,600
2021 $3,177 $230,200 $0 $230,200
2020 $3,117 $215,700 $0 $215,700
2019 $2,966 $196,400 $0 $196,400
2018 $2,445 $159,000 $0 $159,000
2017 $2,401 $151,400 $0 $151,400
2016 $2,272 $145,000 $0 $145,000
2015 $2,274 $138,600 $0 $138,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72598476

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000295-000802-000802