199 Derby St Unit 1 Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $448,000 - $492,382
2
Beds
1
Bath
1,061
Sq Ft
$441/Sq Ft
Est. Value
Highlights
- Marina
- Open Floorplan
- Vaulted Ceiling
- Waterfront
- Property is near public transit
- 3-minute walk to National Park Service
About This Home
As of April 2024Welcome to life at waterfront Pickering Wharf condominiums! Introducing this 5 room, 2 bedroom townhouse featuring hardwood floors, fireplaced living room with beamed ceiling, skylit main bedroom, in-unit laundry and pull-down attic for storage!! Great condition with replacement window overlooking historic Derby Street. Convenient assigned parking behind unit. You will enjoy all the amenities at Pickering Wharf - fun shops, fabulous restaurants, waterfront activities and right next to the Maritime National Park (July 4th fireworks!!)!! Just a few minutes from downtown Salem and the commuter rail too! These units make a great investment too. Pets allowed with approval (one <40 lbs dog). Unfortunately, this will not qualify for conventional financing, but portfolio loans are available with a minimum of 25-30% down payment. This is a not-to-be-missed opportunity in a very sought after neighborhood in the incredible city of Salem! Photos with furniture are virtually staged.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,681
Year Built
- Built in 1980
HOA Fees
- $239 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,061 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Beamed Ceilings
- Vaulted Ceiling
- Skylights
- Light Fixtures
- Insulated Windows
- Living Room with Fireplace
Kitchen
- Range with Range Hood
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on third floor
- 1 Full Bathroom
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Laundry on upper level
- Washer and Dryer
Parking
- 1 Car Parking Space
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- 2 Heating Zones
- Heating System Uses Natural Gas
Additional Features
- Waterfront
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 2135912
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
- 91 Units
- Pickering Wharf Condominiums Community
Amenities
- Common Area
- Shops
Recreation
- Marina
- Park
Pet Policy
- Call for details about the types of pets allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2024
Closed on
Mar 27, 2024
Sold by
Fitzgerald Martha
Bought by
Michaud Lloyd
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Pam McKee
Keller Williams Realty Evolution
List Price
$409,000
Sold Price
$435,000
Premium/Discount to List
$26,000
6.36%
Total Days on Market
6
Views
120
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,346
Avg. Annual Appreciation
5.60%
Purchase Details
Closed on
Oct 1, 1999
Sold by
Marceau Suzanne
Bought by
Fitzgerald Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Salem, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michaud Lloyd | $435,000 | None Available | |
| Fitzgerald Martha | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fitzgerald Martha | $81,500 | |
| Previous Owner | Fitzgerald Martha | $86,500 | |
| Previous Owner | Fitzgerald Martha | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2024 04/03/24 | Sold | $435,000 | +6.4% | $410 / Sq Ft |
| 03/12/2024 03/12/24 | Pending | -- | -- | -- |
| 03/05/2024 03/05/24 | For Sale | $409,000 | -- | $385 / Sq Ft |
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 | $4,697 | $414,200 | $0 | $414,200 |
| 2024 | $4,681 | $402,800 | $0 | $402,800 |
| 2023 | $4,235 | $338,500 | $0 | $338,500 |
| 2022 | $3,976 | $300,100 | $0 | $300,100 |
| 2021 | $3,865 | $280,100 | $0 | $280,100 |
| 2020 | $4,006 | $277,200 | $0 | $277,200 |
| 2019 | $3,784 | $250,600 | $0 | $250,600 |
| 2018 | $3,500 | $227,600 | $0 | $227,600 |
| 2017 | $3,516 | $221,700 | $0 | $221,700 |
| 2016 | $3,559 | $227,100 | $0 | $227,100 |
| 2015 | $3,646 | $222,200 | $0 | $222,200 |
Source: Public Records
Agents Affiliated with this Home
-
Pam McKee
Seller's Agent in 2024
Pam McKee
Keller Williams Realty Evolution
(978) 500-4047
8 in this area
107 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73208650
APN: SALE-000034-000000-000408-000812-000812
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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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