NOT LISTED FOR SALE

Estimated Value: $389,000 - $405,000

2 Beds
1 Bath
804 Sq Ft
1920 Built

Last Sold December 16, 2013

Last sale price $171,000 $213 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,550/month

138 Days on Market

About This Home

As of December 2013

This centrally located 2 bedroom condo in the vibrant Derby St. neighborhood boasts 9 foot ceilings, wood stove, and off-street parking. Enjoy the sweeping harbor views from the common roof deck. Centrally located to the Salem waterfront, local attractions, restaurants, nightlife, and MBTA to Boston.

Last Listed By

Tyson Lynch

The Proper Nest Real Estate Listed on: 07/19/2013

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,890

Year Built

1920

Lot Details

0

Listing Details

  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Utility Connections: Washer Hookup

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Extra Storage
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2016
Sold by
Cruger Christopher W
Bought by
Cwt Rt
Total Days on Market
138
Current Estimated Value
$397,702

Purchase Details

Listed on
Jul 19, 2013
Closed on
Dec 16, 2013
Sold by
Mccaffery Jerry and Mccaffery Nancy J
Bought by
Crugar Christopher
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
List Price
$195,000
Sold Price
$171,000
Premium/Discount to List
-$24,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$128,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Mccaffrey Jerry
Bought by
Mccaffery Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Raynor Joseph L
Bought by
Mccaffrey Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1998
Sold by
Keyes Linda L
Bought by
Raynor Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

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
Cwt Rt -- --
Crugar Christopher $171,000 --
Mccaffery Jerry -- --
Mccaffrey Jerry $229,500 --
Raynor Joseph L $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raynor Joseph L $128,500
Previous Owner Raynor Joseph L $161,250
Previous Owner Raynor Joseph L $183,600
Previous Owner Raynor Joseph L $78,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2013 12/16/13 Sold $171,000 0.0% $213 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
10/28/2013 10/28/13 Off Market $171,000 -- --
10/09/2013 10/09/13 Price Changed $174,900 -5.5% $218 / Sq Ft
08/01/2013 08/01/13 Price Changed $185,000 -5.1% $230 / Sq Ft
07/19/2013 07/19/13 For Sale $195,000 -- $243 / 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 $3,890 $343,000 $0 $343,000
2024 $3,807 $327,600 $0 $327,600
2023 $3,644 $291,300 $0 $291,300
2022 $3,539 $267,100 $0 $267,100
2021 $3,483 $252,400 $0 $252,400
2020 $3,410 $236,000 $0 $236,000
2019 $3,210 $212,600 $0 $212,600
2018 $2,981 $193,800 $0 $193,800
2017 $2,923 $184,300 $0 $184,300
2016 $2,766 $176,500 $0 $176,500
2015 $2,768 $168,700 $0 $168,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71557829

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000065-000802-000802