NOT LISTED FOR SALE

5 Daniels Street Ct Unit 1 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $408,000 - $467,000

2 Beds
1 Bath
850 Sq Ft
1900 Built

Last Sold May 31, 2016

Last sale price $255,000 $300 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,796/month

6 Days on Market

About This Home

As of May 2016

Walk along the edge of Salem harbor on your way home to this tranquil 2 bedroom condo located in the Historic Derby Street Neighborhood. Ocean peaks from the kitchen as well as the back deck. Updated kitchen with granite counter tops and stainless steel appliances, in-unit laundry, hard wood floors, soaring ceilings. Most residents in Salem don't even know this dead end street even exists! The perfect combination of a quiet getaway located just steps from all the action!

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 03/15/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,207

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Electric: Circuit Breakers
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • No Living Levels: 1

Exterior Features

  • Construction: Frame
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 1

Utilities

  • Heating: Oil
  • 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
  • Association Security: Fenced
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2

Multi Family

  • Waterview: Harbor, Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2010
Sold by
Skomurski Joseph A
Bought by
Craig Jennifer L
Total Days on Market
6
Current Estimated Value
$438,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Outstanding Balance
$121,082
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,299

Purchase Details

Closed on
Jun 18, 2010
Sold by
Nelson Robert E
Bought by
Skomurski Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1988
Sold by
Waters Ramsey R T
Bought by
Nelson Robert E

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
Craig Jennifer L $223,500 --
Skomurski Joseph A $132,000 --
Nelson Robert E $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Robert E $178,800
Previous Owner Nelson Robert E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $255,000 -5.2% $300 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $269,000 -- $316 / 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 $4,207 $371,000 $0 $371,000
2024 $4,116 $354,200 $0 $354,200
2023 $3,916 $313,000 $0 $313,000
2022 $3,804 $287,100 $0 $287,100
2021 $3,744 $271,300 $0 $271,300
2020 $3,667 $253,800 $0 $253,800
2019 $3,484 $230,700 $0 $230,700
2018 $3,236 $210,400 $0 $210,400
2017 $3,174 $200,100 $0 $200,100
2016 $3,002 $191,600 $0 $191,600
2015 $3,005 $183,100 $0 $183,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71972648

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000328-000801-000801