4 Herbert St Unit 3 Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $434,298 - $477,000
2
Beds
1
Bath
830
Sq Ft
1,742
Sq Ft Lot
About This Home
As of May 2020Location! Location! Location! Enjoy Salem Common views from your kitchen window and waterfront shopping & dining just footsteps away - Here, you're in the heart of it all! This spacious 2 bedroom condo is nestled on a one way street featuring an eat-in kitchen, in unit laundry and front door landing that makes a great "mud room" area or additional storage option. Offering 3 car off street parking and an open floor plan, this space makes entertaining fun and effortless! The deck just outside the master bedroom is the perfect spot to start and end your day. The charming details throughout the home bring lots of character and extend an inviting feel. Additional storage space is located in the basement. Fun fact : This unit is currently being used as Airbnb....Come explore living in and/or investing in all that Salem has to offer!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,199
Year Built
- Built in 1850
Lot Details
- Year Round Access
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Utilities
- Window Unit Cooling System
- Hot Water Baseboard Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:35 L:0300 S:803
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2020
Closed on
May 28, 2020
Sold by
Carlton Michael A
Bought by
Donovan Kevin P
Seller's Agent
Erin Lane
Coldwell Banker Realty - Ipswich
Buyer's Agent
Herman Davis
Metro North Realty, LLC
List Price
$319,900
Sold Price
$345,000
Premium/Discount to List
$25,100
7.85%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,325
Avg. Annual Appreciation
5.96%
Original Mortgage
$276,000
Outstanding Balance
$247,761
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$213,113
Purchase Details
Closed on
Feb 3, 2005
Sold by
Peabody Julieanne L and Carlton Michael A
Bought by
Carlton Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 2003
Sold by
Barrowclough Prop Llc
Bought by
Carlton Michael A and Peabody Julienne L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donovan Kevin P | $345,000 | None Available | |
| Carlton Michael A | -- | -- | |
| Carlton Michael A | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donovan Kevin P | $276,000 | |
| Closed | Donovan Kevin P | $276,000 | |
| Previous Owner | Carlton Michael A | $156,600 | |
| Previous Owner | Carlton Michael A | $220,000 | |
| Previous Owner | Carlton Michael A | $176,000 | |
| Previous Owner | Carlton Michael A | $44,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2020 05/28/20 | Sold | $345,000 | +7.8% | $416 / Sq Ft |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- |
| 04/22/2020 04/22/20 | For Sale | $319,900 | -- | $385 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,199 | $370,300 | $0 | $370,300 |
| 2024 | $4,405 | $379,100 | $0 | $379,100 |
| 2023 | $4,152 | $331,900 | $0 | $331,900 |
| 2022 | $4,036 | $304,600 | $0 | $304,600 |
| 2021 | $3,972 | $287,800 | $0 | $287,800 |
| 2020 | $3,893 | $269,400 | $0 | $269,400 |
| 2019 | $3,700 | $245,000 | $0 | $245,000 |
| 2018 | $3,437 | $223,500 | $0 | $223,500 |
| 2017 | $3,373 | $212,700 | $0 | $212,700 |
| 2016 | $3,192 | $203,700 | $0 | $203,700 |
| 2015 | $3,193 | $194,600 | $0 | $194,600 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Lane
Seller's Agent in 2020
Erin Lane
Coldwell Banker Realty - Ipswich
(978) 360-8564
1 in this area
60 Total Sales
-
Herman Davis
Buyer's Agent in 2020
Herman Davis
Metro North Realty, LLC
(781) 346-2406
1 in this area
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72646407
APN: SALE-000035-000000-000300-000803-000803
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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