NOT LISTED FOR SALE

Estimated Value: $285,000 - $365,000

1 Bed
1 Bath
401 Sq Ft
$124/mo HOA Fee

Last Sold July 31, 2024

Last sale price $325,000 $810 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,069/month

59 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating
  • Wood Flooring
  • Shops
  • 1-minute walk to Swiniuch Park

About This Home

As of July 2024

PRIME LOCATION!!! Superb downtown/Derby St. Locale. This chic-retro/ stunning renovated sun-drenched unit offers unparalleled access to historic Salem’s best! Newly renovated unit features exceptional finishes, fresh and neutral color palate, & graced with premium upgrades & beautiful hardwoods throughout. Updated kitchen features sleek appliances, quartz counters w/ full backsplash. Bath features deluxe brass tone fixtures and modern tile. Spacious 1 bed floor plan offers ample space for relaxation and entertaining. Tranquil bedroom makes for an ideal oasis. In unit laundry, storage, LOW LOW condo fee, pet friendly association, complete this rare find. Set in unbeatable Derby street location near the landmark House of the Seven Gables and stunning Salem Harbor. Unit offers easy access to the Wharf, Ferry, Commons, numerous museums, restaurants and cool SPOOKY shops. This gem is ideal for the savvy buyer/Investor.

Last Agent to Sell the Property

Delince Louis

Redfin Corp. Listed on: 05/16/2024

Redfin Corp.

Last Buyer's Agent

Arthur Martiroso

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,315

Year Built

  • Built in 1900

HOA Fees

  • $124 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 401 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Laundry in unit
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0392 S:801,2136833

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 10 Units
  • Low-Rise Condominium
  • 149 Derby Street Condominium Community

Amenities

  • Shops

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,315

Year Built

Built in 1900

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1900
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Basement: Y
  • Living Area: 401
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 872.57
  • PRICE PER Sq Ft: 810.47
  • MAIN SO: G95022

Exterior Features

  • Construction Materials: Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 124
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, House of Worship, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: A
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:35 L:0392 S:801,2136833
  • Zoning: 99999
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 409
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2315
  • Tax Book Number: 42023

Multi Family

  • Number Of Units Total: 10
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2017
Sold by
Mctaggart Kevin J and Sullivan James P
Bought by
Sullivan Int and Sullivan Mctaggart
Current Estimated Value
$327,170

Purchase Details

Closed on
Oct 22, 2002
Sold by
Hellerstein Michael S
Bought by
Sullivan James P and Mctaggart Kevin J

Purchase Details

Closed on
Jun 2, 1999
Sold by
Colannino Dennis M
Bought by
Hellerstein Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1987
Sold by
Gallahue J Jane
Bought by
Colannino Dennis M
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
Sullivan Int -- --
Sullivan Int -- --
Sullivan James P $105,000 --
Sullivan James P $105,000 --
Hellerstein Michael S $52,000 --
Hellerstein Michael S $52,000 --
Colannino Dennis M $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witches Brew Prop Grp Llc $275,000
Closed Witches Brew Prop Grp Llc $275,000
Previous Owner Colannino Dennis M $37,000
Previous Owner Colannino Dennis M $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $325,000 -7.1% $810 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $349,900 -- $873 / 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 $2,609 $230,100 $0 $230,100
2024 $2,315 $199,200 $0 $199,200
2023 $2,057 $164,400 $0 $164,400
2022 $1,920 $144,900 $0 $144,900
2021 $1,743 $126,300 $0 $126,300
2020 $1,613 $111,600 $0 $111,600
2019 $1,579 $104,600 $0 $104,600
2018 $1,509 $98,100 $0 $98,100
2017 $1,478 $93,200 $0 $93,200
2016 $1,387 $88,500 $0 $88,500
2015 $1,337 $81,500 $0 $81,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73238971

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000392-000801-000801