NOT LISTED FOR SALE

Estimated Value: $426,000 - $458,000

2 Beds
1 Bath
755 Sq Ft
2,222 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $321,000 $425 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,823/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Swiniuch Park
  • Tankless Water Heater

About This Home

As of April 2020

Located in the Historic Derby Street Neighborhood, this 2 bedroom condo offer great access to everything Salem has to offer. Just minutes from downtown and the MBTA, and a stones throw from the ocean and Ferry to Boston. You can appreciate the charm of the past with wide pine floors throughout, yet live the life of luxury with central air conditioning, designer bathroom and kitchen, and newer / high efficiency utilities. Eat-in kitchen leads to deck and back yard through sliding glass doors. This is a great unit, in a great location, in a great City!!

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 02/20/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1900

Lot Details

  • 2,222

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood Flooring

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,509

Year Built

Built in 1900

Lot Details

0

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: 409.27
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 4
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95279
  • Main So: K95001
  • Estimated Sq Ft: 755.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tankless

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 175.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Reserve Funds
  • Condo Association: Yes
  • Association Security: Fenced
  • Management: Owner Association

Lot Info

  • Assessments: 272400.00
  • Page: 90
  • Zoning: R23
  • Master Book: 29421
  • Master Page: 476

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 3936.00
  • Assessor Parcel Number: 4840423

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Mar 30, 2020
Sold by
Krajewski Lynette E and Krajewski Robert
Bought by
Pekel Allison
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
List Price
$309,000
Sold Price
$321,000
Premium/Discount to List
$12,000
3.88%
Total Days on Market
4
Current Estimated Value
$439,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,146
Avg. Annual Appreciation
6.39%
Original Mortgage
$304,950
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2018
Sold by
Normand Sherri L and Noto Baldassare
Bought by
Krajewski Lynette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2012
Sold by
Tilley Kyle L
Bought by
Tilley Kyle L and Normand Sherri L

Purchase Details

Closed on
May 19, 2010
Sold by
Skomurski Joseph A
Bought by
Tilley Kyle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,123
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 1 Loring Ave Unit 206, Swampscott, MA 01907

    $429,900

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft
    • 1 Loring Ave
    • Unit 206
    • Swampscott, MA

    Welcome to this beautifully maintained single-level living, corner unit offering comfort, style, and convenience. This sun-splashed 2-bedroom, 2-bath home features an open concept layout with wood flooring throughout the living and dining areas, and a private balcony perfect for morning coffee or evening relaxation. The updated kitchen boasts a breakfast bar, ample cabinetry, and a brand-new

    Marcie Gingle William Raveis R.E. & Home Services

    Section Image
  • 9 Kosciusko St Unit 3, Salem, MA 01970

    $379,000

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • 9 Kosciusko St
    • Unit 3
    • Salem, MA

    SUPER charming condo featuring ocean views from the skylights, exposed beams, hardwood floors and a pellet stove!! WOW location just off historic Derby Street with downtown Salem, Pickering Wharf and the water shuttle to Boston just minutes away. You'll love the open concept layout with cathedral ceilings, beautifully refinished hardwood floors and lots of natural light. The gorgeous and spacious

    Pam McKee Keller Williams Realty Evolution

    Section Image
  • 4 Boardman St Unit 1, Salem, MA 01970

    $399,000

    • 1 Bed
    • 1 Bath
    • 760 Sq Ft
    • 4 Boardman St
    • Unit 1
    • Salem, MA

    Experience coastal living in this sun-filled first-floor condo, ideally located near Salem Common and just minutes from beautiful Collins Cove, Waikiki, and Dead Horse beaches. This charming home blends historic character with modern updates, featuring high ceilings, original wood moldings, recessed lighting, and vinyl plank flooring throughout. Natural light pours into the open living and

    Maria Rinaldo Lamacchia Realty, Inc.

    Section Image
  • 7 Curtis St Unit 1, Salem, MA 01970

    $549,900

    • 2 Beds
    • 2.5 Baths
    • 905 Sq Ft
    • 7 Curtis St
    • Unit 1
    • Salem, MA

    This beautifully restored classic mid-19th century home in Salem’s desirable Wharf neighborhood is a must-see. Ideally located just a short distance from Pickering Wharf, the Salem Ferry, and the Commuter Rail – you'll enjoy easy access to all that Salem’s vibrant downtown has to offer. Careful attention was given to preserving the original features of this classic antique. Exposed beams and wood

    Daniel Meegan J. Barrett & Company

    Section Image
  • 11 Church St Unit 506, Salem, MA 01970

    $465,000

    • 2 Beds
    • 2 Baths
    • 969 Sq Ft
    • 11 Church St
    • Unit 506
    • Salem, MA

    Bright, spacious, and move-in ready 2-bed, 2-bath condo in the highly desirable Essex building in downtown Salem! This updated condo features an open-concept layout with French doors leading to Juliet balcony, a modern kitchen with built-in wine bar, custom walk-in mudroom closet, in-unit laundry, custom closet organizers throughout, new carpet in both bedrooms and large windows with charming

    Scott Saulnier Liberty Residential Realty, LLC

    Section Image
  • 5 Gardner St Unit 2, Salem, MA 01970

    $459,000

    • 3 Beds
    • 1 Bath
    • 1,228 Sq Ft
    • 5 Gardner St
    • Unit 2
    • Salem, MA

    Tucked on a quiet one-way street, this sun-splashed Salem condo blends timeless charm with thoughtful updates. Soaring ceilings, gleaming hardwood floors, and classic millwork give the home a warm and welcoming feel. The updated kitchen features gas cooking, ample cabinetry, generous prep space, and a breakfast bar that opens to a roomy dining area—perfect for everyday living or entertaining.

    Henry Pizzo Aluxety

    Section Image
  • 24 Cabot St Unit 1, Salem, MA 01970

    $429,000

    • 2 Beds
    • 1 Bath
    • 823 Sq Ft
    • 24 Cabot St
    • Unit 1
    • Salem, MA

    Welcome to 24 Cabot Street #1 — a beautifully maintained and thoughtfully updated first-floor condo just moments from vibrant downtown Salem and the MBTA Commuter Rail. This spacious 2-bedroom, 1-bath home perfectly blends historic charm with modern conveniences. Soaring ceilings, rich hardwood floors, and original architectural details offer warmth and character in every room, while the updated

    Emily Schwartz Centre Realty Group

    Section Image
  • 11 1/2 Mason St Unit 2, Salem, MA 01970

    $399,000

    • 2 Beds
    • 1 Bath
    • 745 Sq Ft
    • 11 1/2 Mason St
    • Unit 2
    • Salem, MA

    One mile from Historic Downtown Salem, this beautiful Air Conditioned 2 bedroom condo offers much to be desired. Open Living Room concept, modern kitchen with Careera countertop and stainless-steel appliances. Hardwood floors throughout. Primary bedroom with fully built system in walk in closet. Plumbing, electric, HVAC all renovated in 2020. New windows in 2021. Less than 1/2 mile to the MBTA

    Jennifer DeNisco Cameron Prestige, LLC

    Section Image
  • 245 Lafayette St Unit 1F, Salem, MA 01970

    $367,000

    • 1 Bed
    • 1 Bath
    • 668 Sq Ft
    • 245 Lafayette St
    • Unit 1F
    • Salem, MA

    NEW - Bright and Sunny 1st-floor condo offers one large bedroom, a private balcony and off-street parking. This turn-key home features an expansive living & dining room complete with Hardwood fls & NEW recessed lights thru-out plus access to your private southeast facing balcony. Enjoy entertaining and cooking in your Renovate kitchen complete with a NEW SS appliances, Quartz Counters and NEW

    Zoe Karademos Coldwell Banker Realty - Beverly

    Section Image

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
Pekel Allison $321,000 Misc Company
Krajewski Lynette E $275,000 --
Tilley Kyle L -- --
Tilley Kyle L $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pekel Allison $301,000
Closed Pekel Allison $304,950
Previous Owner Krajewski Lynette E $266,750
Previous Owner Tilley Kyle L $210,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $321,000 +3.9% $425 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $309,000 -- $409 / 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 $4,509 $397,600 $0 $397,600
2024 $4,405 $379,100 $0 $379,100
2023 $4,201 $335,800 $0 $335,800
2022 $4,081 $308,000 $0 $308,000
2021 $4,016 $291,000 $0 $291,000
2020 $3,936 $272,400 $0 $272,400
2019 $3,742 $247,800 $0 $247,800
2018 $3,476 $226,000 $0 $226,000
2017 $3,410 $215,000 $0 $215,000
2016 $3,230 $206,100 $0 $206,100
2015 $3,233 $197,000 $0 $197,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72621776

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000092-000801-000801