NOT LISTED FOR SALE

Estimated Value: $337,000 - $368,582

1 Bed
1 Bath
640 Sq Ft
$553/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $225,000 $352 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,369/month

7 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Stainless Steel Appliances
  • Property is near public transit
  • Jogging Path
  • 3-minute walk to Swiniuch Park

About This Home

As of October 2018

Come see this charming unit situated in the historic Derby Street Neighborhood! This pet friendly condo is located just steps away from the Salem Common, commuter rail, ferry to Boston, Pickering Wharf, and bustling downtown. Kitchen renovated in 2006 with stainless steel appliances and plenty of room for island and dining nook. Features include hardwood floors, Harvey windows, neutral color palette, and period details. Great shared outdoor space with gardens and patio. A fabulous opportunity to buy in Salem! Don't miss out! OPEN HOUSE Sunday 9/23 from 11-12:30. Please allow 24 hours for offer responses.

Last Listed By

Alison Martel

J. Barrett & Company License #454007586 Listed on: 09/19/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 1880

Lot Details

  • 4,356 Sq Ft Lot
  • Waterfront
  • Garden

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Dining Area

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0066 S:804,4688208

Community Details

Overview

  • Association fees include water, sewer, insurance, trash, reserve funds
  • 4 Units

Amenities

  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,464

Year Built

Built in 1880

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1880
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 90
  • Bathroom 1 Area: 20
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Dining Area, Stainless Steel Appliances
  • Room Kitchen Area: 192
  • Laundry Features: Off-Site
  • Room Living Room Level: Second
  • Room Living Room Area: 196
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 640
  • Stories Total: 1
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 343.59
  • PRICE PER Sq Ft: 351.56
  • MAIN SO: BB1045

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 115
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Public School, T-Station
  • UNIT BUILDING: C
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:41 L:0066 S:804,4688208
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4290
  • PAGE: 397
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2464
  • Tax Book Number: 34911

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 31, 2018
Sold by
Vanderburg Emily
Bought by
Welch Kellyn M
Seller's Agent
Alison Martel
J. Barrett & Company
Buyer's Agent
Sheila Franceschi
Ameritrust Real Estate, Inc.
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Total Days on Market
7
Current Estimated Value
$354,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,146
Avg. Annual Appreciation
6.86%
Original Mortgage
$218,250
Outstanding Balance
$193,402
Interest Rate
4.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$154,606

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 10, 2016
Sold by
Bolt Krista
Bought by
Vanderburg Emily
Seller's Agent
Melissa Weinand
The Proper Nest Real Estate
Buyer's Agent
Alison Martel
J. Barrett & Company
List Price
$149,000
Sold Price
$160,000
Premium/Discount to List
$11,000
7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$155,200
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Sintra Group Llc
Bought by
Bolt Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
6.14%
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
Welch Kellyn M $225,000 --
Vanderburg Emily $160,000 --
Bolt Krista $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Kellyn M $218,250
Closed Welch Kellyn M $6,750
Closed Welch Kellyn M $218,250
Previous Owner Vanderburg Emily $155,200
Previous Owner Bolt Krista $141,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $225,000 +2.3% $352 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $219,900 +37.4% $344 / Sq Ft
05/10/2016 05/10/16 Sold $160,000 +7.4% $250 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $149,000 -- $233 / 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 $3,269 $288,300 $0 $288,300
2024 $3,190 $274,500 $0 $274,500
2023 $2,966 $237,100 $0 $237,100
2022 $2,886 $217,800 $0 $217,800
2021 $2,839 $205,700 $0 $205,700
2020 $2,785 $192,700 $0 $192,700
2019 $2,649 $175,400 $0 $175,400
2018 $2,464 $160,200 $0 $160,200
2017 $2,419 $152,500 $0 $152,500
2016 $2,108 $134,500 $0 $134,500
2015 $2,110 $128,600 $0 $128,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72398182

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000066-000804-000804