NOT LISTED FOR SALE

Estimated Value: $598,000 - $663,000

2 Beds
2 Baths
1,637 Sq Ft
2,614 Sq Ft Lot

Last Sold April 14, 2017

Last sale price $385,000 $235 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,031/month

17 Days on Market

About This Home

As of April 2017

Charming 2 bedroom, 1 ½ bath condo located on a quiet one way in the Historic Derby Street neighborhood. The character in this home is unmistakable; that old New England feel is embedded in these walls. This unit features three working fireplaces, beamed cathedral ceilings in the kitchen, original hardwood floors throughout, off-street parking, and a private garden with an apple tree. The entire unit was recently insulated, and brand new half bath was installed last year. Just steps away from the Salem Common, commuter rail, ferry to Boston, Pickering Wharf, and vibrant downtown. This condo occupies the second and third floor of a two-unit house built circa 1815 for Benjamin Crowninshield. Must see!

Last Listed By

Victor Paulino

Engel & Volkers By the Sea Listed on: 02/07/2017

Engel & Volkers By the Sea

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,263

Year Built

1815

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1815

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Flooring: Tile, Hardwood
  • Insulation: Full
  • Bedroom 2: Third Floor
  • Bedroom 3: Third Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Basement
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Fruit Trees
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heating: Gas, Hot Water Baseboard
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Master Insurance, Snow Removal
  • Management: Owner Association
  • No Units: 2
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:41 L:0085 S:802
  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Apr 14, 2017
Sold by
Pagos Elizabeth H
Bought by
Eisenberg Rachel F
Seller's Agent
Victor Paulino
Engel & Volkers By the Sea
Buyer's Agent
Beth Gandelman
J. Barrett & Company
List Price
$385,000
Sold Price
$385,000
Total Days on Market
17
Current Estimated Value
$629,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,895
Avg. Annual Appreciation
5.82%
Original Mortgage
$346,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2016
Sold by
Chaparro Sergio P and Pagos Elizabeth H
Bought by
Pagos Elizabeth H

Purchase Details

Closed on
Dec 1, 2011
Sold by
Pagos Elizabeth H
Bought by
Pagos Elizabeth H and Chaparro Sergio

Purchase Details

Closed on
Nov 8, 2010
Sold by
Allen Jennifer R
Bought by
Hollinger-Pagos Elizabeth

Purchase Details

Closed on
Nov 29, 2004
Sold by
Coughlin Henry and Gallagher Jill
Bought by
Allen Jennifer R

Purchase Details

Closed on
Aug 1, 2002
Sold by
Gunn Laura Doyle and Gunn James M
Bought by
Coughlin Henry and Gallagher Jill

Purchase Details

Closed on
Jul 21, 1999
Sold by
Spang Laurence and Marsh Susan
Bought by
Gunn James M and Doyle-Gunn Laura

Range of Values:

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Average Value
Not Available
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
Eisenberg Rachel F $385,000 --
Pagos Elizabeth H -- --
Pagos Elizabeth H -- --
Hollinger-Pagos Elizabeth $262,000 --
Allen Jennifer R $292,000 --
Coughlin Henry $299,000 --
Gunn James M $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eisenberg Rachel F $335,000
Closed Eisenberg Rachel F $346,500
Previous Owner Spang Laurence S $224,000
Previous Owner Spang Laurence S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $385,000 0.0% $235 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $385,000 -- $235 / 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 $6,263 $552,300 $0 $552,300
2024 $6,120 $526,700 $0 $526,700
2023 $5,954 $475,900 $0 $475,900
2022 $5,786 $436,700 $0 $436,700
2021 $5,694 $412,600 $0 $412,600
2020 $5,579 $386,100 $0 $386,100
2019 $5,302 $351,100 $0 $351,100
2018 $4,928 $320,400 $0 $320,400
2017 $4,821 $304,000 $0 $304,000
2016 $4,562 $291,100 $0 $291,100
2015 $4,565 $278,200 $0 $278,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72116483

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000085-000802-000802