NOT LISTED FOR SALE

19 Herbert St Unit 21 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $925,000 - $1,006,235

6 Beds
3 Baths
2,235 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $742,500 $332 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,143/month

5 Days on Market

About This Home

As of December 2020

3 family located in the heart of Historic Derby Street neighborhood. All 3 units have 2 bedrooms, as well as an extra room for office / den. Individual decks give outdoor space for each floor. Separate heating and utilities. Owner had recently upgraded electric service into building and replaced circuit breaker panels. Rents below market. All tenants all TAW. This location is ideal!

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 10/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,612

Year Built

  • Built in 1900

Lot Details

  • 2,178

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,612

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 301.97
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C95279
  • Main So: AN6181
  • Estimated Sq Ft: 2235.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Foundation: Irregular

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 3
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 433700.00
  • Acre: 0.05
  • Lot Size: 2178.00
  • Page: 162
  • Zoning: R2
  • Lot Description: Corner

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 4050
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6267.00
  • Assessor Parcel Number: 3159339
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 17, 2020
Sold by
Bolvin David and Bouvier Marc
Bought by
Bbp Properties Llc
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
List Price
$674,900
Sold Price
$742,500
Premium/Discount to List
$67,600
10.02%
Total Days on Market
5
Current Estimated Value
$969,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,809
Avg. Annual Appreciation
6.14%
Original Mortgage
$556,875
Outstanding Balance
$502,276
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$467,033

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 9, 2020
Sold by
Scivetti Anthony G
Bought by
Bolvin David and Bouvier Marc
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
List Price
$674,900
Sold Price
$742,500
Premium/Discount to List
$67,600
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,875
Outstanding Balance
$502,276
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$467,033

Purchase Details

Closed on
May 19, 1997
Sold by
Smith Thomas Est
Bought by
Scivetti Anthony G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

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
Bbp Properties Llc -- None Available
Bolvin David $742,500 None Available
Scivetti Anthony G $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolvin David $556,875
Previous Owner Scivetti Anthony G $271,000
Previous Owner Scivetti Anthony G $309,000
Previous Owner Scivetti Anthony G $151,200
Previous Owner Scivetti Anthony G $25,000
Previous Owner Scivetti Anthony G $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $742,500 +10.0% $332 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $674,900 -- $302 / 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 $8,612 $759,400 $189,800 $569,600
2024 $8,276 $712,200 $180,400 $531,800
2023 $8,073 $645,300 $166,500 $478,800
2022 $7,780 $587,200 $161,000 $426,200
2021 $6,570 $476,100 $149,900 $326,200
2020 $6,267 $433,700 $141,500 $292,200
2019 $6,229 $412,500 $134,300 $278,200
2018 $5,817 $378,200 $127,700 $250,500
2017 $5,459 $344,200 $107,700 $236,500
2016 $5,315 $339,200 $102,700 $236,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72746413

MLS Property Information Network (MLS PIN)

APN: 25002136727