Seller's Agent in 2021
Timothy Knowlton
Beacon Properties
(781) 589-2300
6 Total Sales
188 Derby St Unit 3R Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $1,441,000 - $1,820,000
1
Bed
1
Bath
600
Sq Ft
$2,677/Sq Ft
Est. Value
About This Home
Located in the heart of Derby Wharf this quaint one bedroom apartment is the perfect getaway from the hectic work day. Located just a short stroll from the Peabody Essex Museum, Pickering Wharf, restaurants and Salem State University. The unit offers a sizeable living room, an eat-in kitchen and a fireplace bedroom with spectacular views of the harbor. There is a washer and dryer available on the premises!!
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 3, 2017
Sold by
Cpb Rt
Bought by
Claire P Bailey 1993 R
Current Estimated Value
Purchase Details
Closed on
Aug 26, 2003
Sold by
Cpb Rt
Bought by
Bailey Claire P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 17, 2003
Sold by
Bailey Claire P and Bailey James A
Bought by
Cpb Rt
Purchase Details
Closed on
Dec 21, 2000
Sold by
Hunter John D and Mysliwy John
Bought by
Bailey James A and Bailey Claire P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Claire P Bailey 1993 R | -- | -- | |
| Bailey Claire P | -- | -- | |
| Cpb Rt | -- | -- | |
| Bailey James A | $516,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bailey James A | $174,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2021 10/25/21 | Rented | $1,000 | 0.0% | -- |
| 10/15/2021 10/15/21 | For Rent | $1,000 | -- | -- |
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 | $18,324 | $1,615,900 | $232,600 | $1,383,300 |
| 2024 | $16,789 | $1,444,800 | $232,600 | $1,212,200 |
| 2023 | $16,387 | $1,309,900 | $212,800 | $1,097,100 |
| 2022 | $16,341 | $1,233,300 | $205,000 | $1,028,300 |
| 2021 | $15,562 | $1,127,700 | $193,100 | $934,600 |
| 2020 | $14,821 | $1,025,700 | $173,400 | $852,300 |
| 2019 | $14,189 | $939,700 | $157,700 | $782,000 |
| 2018 | $12,696 | $825,500 | $146,600 | $678,900 |
| 2017 | $12,361 | $779,400 | $138,000 | $641,400 |
| 2016 | $11,804 | $753,300 | $111,900 | $641,400 |
| 2015 | $12,673 | $772,300 | $111,900 | $660,400 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Knowlton
Map
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