$259,000
SOLD NOV 18, 2016

4 Herbert St Unit 1 Salem, MA 01970

Derby Street Neighborhood
2 Beds
1 Bath
853 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$304 Per Sq Ft

4% Above List Price

19 Days on Market

About This Home

As of October 2023

Located across the street from the Hawthorne Hotel and Salem Common, this first floor unit is situated in heart of downtown Salem. Exposed beams, wide pine floors, in unit laundry, and off street parking are just a few of the highlights. On a One Way Street between Derby Street and Essex Street, this 2 bedroom condo is in the perfect location to enjoy all Salem has to offer. Beacon Hill style patio, additional basement storage and 1 deeded parking add all the amenities you could ask for. Come see for yourself.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 09/15/2016

Last Buyer's Agent

Colleen Nobles

Armstrong Field Real Estate License #454007432

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,504

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 4
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Beach Ownership: Public

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Nov 18, 2016
Sold by
Michael A Maine
Bought by
Valdettaro Veronique
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Colleen Nobles
Armstrong Field Real Estate
List Price
$249,000
Sold Price
$259,000
Premium/Discount to List
$10,000
4.02%
Current Estimated Value
$451,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,180
Avg. Annual Appreciation
6.61%
Original Mortgage
$207,200
Interest Rate
3.94%

Purchase Details

Closed on
Apr 14, 2006
Sold by
Robinson Daniel and Robinson Jacqueline A
Bought by
Fritsch Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Deed -- --
Deed $258,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,550 Purchase Money Mortgage
Closed $207,200 No Value Available
Closed -- No Value Available
Previous Owner $206,400 Purchase Money Mortgage
Previous Owner $220,367 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $415,000 +4.0% $487 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $399,000 +54.1% $468 / Sq Ft
11/18/2016 11/18/16 Sold $259,000 +4.0% $304 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $249,000 -- $292 / 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 $4,504 $397,200 $0 $397,200
2024 $4,751 $408,900 $0 $408,900
2023 $4,525 $361,700 $0 $361,700
2022 $4,400 $332,100 $0 $332,100
2021 $4,330 $313,800 $0 $313,800
2020 $4,244 $293,700 $0 $293,700
2019 $4,035 $267,200 $0 $267,200
2018 $3,750 $243,800 $0 $243,800
2017 $3,680 $232,000 $0 $232,000
2016 $3,482 $222,200 $0 $222,200
2015 $3,484 $212,300 $0 $212,300
Source: Public Records

Agents Affiliated with this Home

  • Joyce Sullivan

    Seller's Agent in 2023

    Joyce Sullivan

    Keller Williams Realty Evolution

    (978) 852-5388

    4 in this area

    97 Total Sales

    Joyce Sullivan
    Section Image

  • D

    Buyer's Agent in 2023

    Dwayne Satterwhite

    Keller Williams Realty Evolution

    Section Image

  • M

    Seller's Agent in 2016

    Merry Fox Team

    MerryFox Realty

    19 in this area

    268 Total Sales

    Merry Fox Team
    Section Image

  • C

    Buyer's Agent in 2016

    Colleen Nobles

    Armstrong Field Real Estate

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72067931

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000300-000801-000801

Massachusetts Essex County Salem 01970 Derby Street

4 Herbert St Unit 1, Salem, MA

This home is located at 4 Herbert St Unit 1, Salem, MA 01970 and is currently priced at $259,000, approximately $303 per square foot. This property was built in 1850. 4 Herbert St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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