5 Derby Square Unit 3 Salem, MA 01970
Downtown Salem Neighborhood
2
Beds
2
Baths
1,600
Sq Ft
1817
Built
About This Home
As of June 2017TRULY One of a kind Ultra Hip 1600 sq ft, 2 bedroom/2 full bath brick townhouse smack in the heart of Historic Salem w/a deeded parking space! This unique Loft Style unit is the total package with exposed brick in every room, hardwood floors, cathedral ceilings, fantastic wooden balusters - all on 2 spacious levels. Meticulously maintained and updated with an artistic eye, this residence blends urban style with the classic brick and beam loft look. With the newly remodeled master bathroom that includes a glass shower, vessel sink and tile floor, a skylight in the huge master bedroom, great city views, industrial chic lighting fixtures, incredible storage and an open concept living area, this space has it all. Bonus: central a/c, gas heat & hot water included in a low fee, a huge walk-in closet and a private (and spacious) deck. Literally steps to all that downtown Salem has to offer while being less than a 1/2 mile to the commuter rail. You Do NOT want to miss this RARE opportunity!
Property Details
Home Type
Condominium
Est. Annual Taxes
$6,863
Year Built
1817
Lot Details
0
Listing Details
- Unit Level: 2
- Unit Placement: Upper, Top/Penthouse
- Property Type: Condominium/Co-Op
- CC Type: Condo
- Style: Townhouse, Loft
- Other Agent: 2.50
- Lead Paint: Unknown
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1817
Interior Features
- Has Basement: No
- Primary Bathroom: Yes
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, T-Station
- Electric: Circuit Breakers
- Flooring: Wood, Tile
- Bedroom 2: Second Floor
- Bathroom #1: Second Floor
- Bathroom #2: Third Floor
- Kitchen: Second Floor
- Laundry Room: Second Floor
- Living Room: Second Floor
- Master Bedroom: Third Floor
- Master Bedroom Description: Skylight, Ceiling - Cathedral, Closet - Walk-in, Flooring - Hardwood, Balcony - Interior
- Dining Room: Second Floor
- No Bedrooms: 2
- Full Bathrooms: 2
- Oth1 Room Name: Entry Hall
- Oth1 Dscrp: Closet - Walk-in
- Oth1 Level: Second Floor
- No Living Levels: 2
- Main Lo: C95098
- Main So: NB9147
Exterior Features
- Construction: Brick
- Exterior: Brick
- Exterior Unit Features: Deck
Garage/Parking
- Parking: Deeded
- Parking Spaces: 1
Utilities
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: 5-7 Derby Square Condominium
- Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance
- Management: Owner Association
- Pets Allowed: Yes
- No Units: 4
- Unit Building: 3
Fee Information
- Fee Interval: Monthly
Lot Info
- Zoning: B5
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2017
Closed on
Jun 28, 2017
Sold by
Rozensky Jordyn R
Bought by
Dietz Laura H and Dietz David R
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
The Mavroules Team
Good Deeds Realty Partners
List Price
$425,000
Sold Price
$480,000
Premium/Discount to List
$55,000
12.94%
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
$238,646
Avg. Annual Appreciation
4.32%
Original Mortgage
$280,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 19, 2011
Closed on
May 1, 2012
Sold by
Oneill Michael J
Bought by
Rozensky Jordyn R
Seller's Agent
Gary Blattberg
RE/MAX Beacon
Buyer's Agent
Deirdre Blake
J. Barrett & Company
List Price
$269,900
Sold Price
$235,000
Premium/Discount to List
-$34,900
-12.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%
Original Mortgage
$188,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 1994
Sold by
Gauthier Robert E and Murphy Edward J
Bought by
Oneill Michael J
Similar Homes in Salem, MA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $480,000 | -- | |
| Not Resolvable | $235,000 | -- | |
| Deed | $121,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $271,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $280,000 | New Conventional | |
| Previous Owner | $188,000 | New Conventional | |
| Previous Owner | $238,200 | No Value Available | |
| Previous Owner | $233,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2017 06/28/17 | Sold | $480,000 | +12.9% | $300 / Sq Ft |
| 05/02/2017 05/02/17 | Pending | -- | -- | -- |
| 04/24/2017 04/24/17 | For Sale | $425,000 | +80.9% | $266 / Sq Ft |
| 05/01/2012 05/01/12 | Sold | $235,000 | -7.8% | $147 / Sq Ft |
| 04/17/2012 04/17/12 | Pending | -- | -- | -- |
| 02/27/2012 02/27/12 | Price Changed | $255,000 | -1.9% | $159 / Sq Ft |
| 10/28/2011 10/28/11 | Price Changed | $259,900 | -3.7% | $162 / Sq Ft |
| 07/19/2011 07/19/11 | For Sale | $269,900 | -- | $169 / 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 | $6,863 | $605,200 | $0 | $605,200 |
| 2024 | $6,736 | $579,700 | $0 | $579,700 |
| 2023 | $6,451 | $515,700 | $0 | $515,700 |
| 2022 | $6,971 | $526,100 | $0 | $526,100 |
| 2021 | $6,763 | $490,100 | $0 | $490,100 |
| 2020 | $6,578 | $455,200 | $0 | $455,200 |
| 2019 | $6,339 | $419,800 | $0 | $419,800 |
| 2018 | $5,455 | $354,700 | $0 | $354,700 |
| 2017 | $5,354 | $337,600 | $0 | $337,600 |
| 2016 | $4,949 | $315,800 | $0 | $315,800 |
| 2015 | $4,915 | $299,500 | $0 | $299,500 |
Source: Public Records
Agents Affiliated with this Home
-
Pam McKee
Seller's Agent in 2017
Pam McKee
Keller Williams Realty Evolution
(978) 500-4047
8 in this area
104 Total Sales
-
The Mavroules Team
Buyer's Agent in 2017
The Mavroules Team
Good Deeds Realty Partners
(781) 866-6195
148 Total Sales
-
Gary Blattberg
Seller's Agent in 2012
Gary Blattberg
RE/MAX
(978) 882-4469
2 in this area
129 Total Sales
-
Deirdre Blake
Buyer's Agent in 2012
Deirdre Blake
J. Barrett & Company
(781) 820-4681
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72152359
APN: SALE-000035-000000-000274-000803-000803
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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