$255,000
SOLD AUG 1, 2017
3 Beds
1 Bath
1,230 Sq Ft
4,312 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

2% Above List Price

8 Days on Market

About This Home

As of January 2024

Priced to sell! A rare opportunity to own a condo off of historic Derby Street. This townhouse style condo features 3 bedrooms, 1 bath and a large room for entertaining. Many improvements have been made to this unit. Refinished floors, in-unit laundry and updated bathroom. Location, location, location! 300 plus yards to the Salem Boston waterferry, moments to the House of Seven Gables and Salem Common. If you have a boat or just like looking at the water this condo is for you. All the exciting things Derby Street has to offer are a stones throw away. Don't miss the chance; condos in this area are few and far between.

Last Agent to Sell the Property

Jerald Tache

Tache Real Estate, Inc.

Last Buyer's Agent

Dan Fox

MerryFox Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 12, 2024
Sold by
Hardcastle Devon T and Libby Daniel M
Bought by
Robison Paige
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
The Barnes Team
RE/MAX Bentley's
List Price
$449,000
Sold Price
$470,000
Premium/Discount to List
$21,000
4.68%
Total Days on Market
8
Views
80
Current Estimated Value
$498,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,989
Avg. Annual Appreciation
4.10%
Original Mortgage
$376,000
Outstanding Balance
$371,383
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,038

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 1, 2017
Sold by
Sullivan Timothy M
Bought by
Libby Daniel M and Tyler-Hardcastle Devon
Seller's Agent
Jerald Tache
Tache Real Estate, Inc.
Buyer's Agent
Dan Fox
MerryFox Realty
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$242,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2007
Sold by
Sintra Group Llc
Bought by
Sullivan Timothy Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,640

Year Built

1880

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Marina, Private School, Public School, T-Station, University
  • Flooring: Wood, Laminate, Hardwood
  • Bedroom 2: Third Floor
  • Bedroom 3: Third Floor
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Third Floor
  • No Bedrooms: 3
  • Full Bathrooms: 1
  • No Living Levels: 2
  • Main Lo: C86500
  • Main So: C95279

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Patio, Fenced Yard
  • Beach Ownership: Public

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Landscaping
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 4
  • Unit Building: B

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2
  • Lot: 0066

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 Type Sale Price Title Company
Condominium Deed $470,000 None Available
Deed $255,000 --
Deed $202,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,000 Purchase Money Mortgage
Previous Owner $234,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $242,250 New Conventional
Previous Owner $154,300 No Value Available
Previous Owner $162,000 Purchase Money Mortgage
Previous Owner $40,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $470,000 +4.7% $382 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $449,000 +76.1% $365 / Sq Ft
08/01/2017 08/01/17 Sold $255,000 +2.0% $207 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $249,900 -- $203 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,640 $409,200 $0 $409,200
2024 $4,503 $387,500 $0 $387,500
2023 $4,318 $345,200 $0 $345,200
2022 $3,991 $301,200 $0 $301,200
2021 $3,885 $281,500 $0 $281,500
2020 $3,678 $254,500 $0 $254,500
2019 $3,624 $240,000 $0 $240,000
2018 $3,119 $202,800 $0 $202,800
2017 $2,958 $186,500 $0 $186,500
2016 $2,777 $177,200 $0 $177,200
2015 $2,908 $177,200 $0 $177,200
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72172127

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000066-000803-000803