Landlord's Agent in 2021
Timothy Knowlton
Beacon Properties
(781) 589-2300
5 Total Sales
188 Derby St Unit 3R Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $1,540,229 - $1,879,000
1
Bed
1
Bath
600
Sq Ft
$2,868/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- 1 Fireplace
- Waterfront
- Property is near public transit
- 3-minute walk to Derby Garden
About This Home
As of October 2021Located 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!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,324
Year Built
- Built in 1800
Lot Details
- 7,057
Home Design
- Apartment
- Entry on the 3rd floor
Interior Spaces
- 600 Sq Ft Home
- 1 Fireplace
- Range
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on third floor
- 1 Full Bathroom
Location
- Property is near public transit
- Property is near schools
Additional Features
- Deck
- Waterfront
- Heating System Uses Natural Gas
Listing and Financial Details
- Security Deposit $1,000
- Rent includes water, sewer
- 12 Month Lease Term
- Assessor Parcel Number 2136730
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Common Area
- Shops
- Coin Laundry
Recreation
- Park
Pet Policy
- Breed Restrictions
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2021 10/25/21 | Rented | $1,000 | 0.0% | -- |
| 10/15/2021 10/15/21 | For Rent | $1,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
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
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72909079
APN: SALE-000035-000000-000325
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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