NOT LISTED FOR SALE

Estimated Value: $389,000 - $432,000

2 Beds
1 Bath
827 Sq Ft
$200/mo HOA Fee

Last Sold February 23, 2021

Last sale price $325,000 $393 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,813/month

5 Days on Market

About This Home

As of February 2021

Located in the Historic Derby Street Neighborhood, this 2 bedroom condo offers all wishes on your checklist: off street parking (check), fireplace (check), in-unit laundry (check), granite countertops (check), open concept (you get it...check). Recently painted, new countertops, new flooring. Literally just steps to the Salem Ferry and minutes to shops, restaurants, museum, and everything else the great City of Salem has to offer.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 01/06/2021

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

The Quail Group

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,029

Year Built

  • Built in 1900

HOA Fees

  • $200 per month

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,029

Year Built

Built in 1900

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 386.82
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor
  • No Rooms: 4
  • Kitchen: On Level: Second Floor
  • Laundry: On Level: Second Floor
  • Laundry Features: In Unit
  • Living Room: On Level: Second Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95279
  • Main So: AC0342
  • Estimated Sq Ft: 827.00

Exterior Features

  • Beachfront Flag: Yes
  • Construction: Frame
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 200.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 244900.00
  • Page: 275
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3539.00
  • Assessor Parcel Number: 2137794
  • Tax Year: 2020

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 22, 2021
Sold by
Babbitt Rebecca K
Bought by
Mattson Jennifer K
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
The Quail Group
eXp Realty
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%
Current Estimated Value
$412,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,275
Avg. Annual Appreciation
5.58%
Original Mortgage
$250,000
Outstanding Balance
$226,465
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,810

Purchase Details

Closed on
Nov 9, 1987
Sold by
Turner Donald E
Bought by
Turner Robert C
Source: Public Records

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 Buyer Sale Price Title Company
Mattson Jennifer K $325,000 None Available
Turner Robert C $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattson Jennifer K $250,000
Previous Owner Babbit Rebecca K $168,000
Previous Owner Turner Robert C $173,600
Previous Owner Turner Robert C $185,600
Previous Owner Turner Robert C $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $325,000 +1.6% $393 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $319,900 -- $387 / 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 $4,029 $355,300 $0 $355,300
2024 $3,932 $338,400 $0 $338,400
2023 $3,777 $301,900 $0 $301,900
2022 $3,670 $277,000 $0 $277,000
2021 $3,611 $261,700 $0 $261,700
2020 $3,539 $244,900 $0 $244,900
2019 $3,422 $226,600 $0 $226,600
2018 $3,179 $206,700 $0 $206,700
2017 $3,118 $196,600 $0 $196,600
2016 $2,951 $188,300 $0 $188,300
2015 $2,954 $180,000 $0 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72771974

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000039-000802-000802