5 Derby Square Unit 4 Salem, MA 01970
Downtown Salem Neighborhood
2
Beds
2
Baths
1,292
Sq Ft
1900
Built
About This Home
As of October 2015Unique loft style condo located in the heart of downtown Salem. Brick "Federalist" conversion with 2 bedrooms and 2 baths with lots of recent upgrades. New kitchen with stainless steel, granite and custom cherry cabinets. Hardwood floors, historical woodwork and exposed beams. New heat and central air.
Property Details
Home Type
Condominium
Est. Annual Taxes
$5,389
Year Built
1900
Lot Details
0
Listing Details
- Unit Level: 2
- Unit Placement: Upper, End, Corner
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1900
Interior Features
- Has Basement: No
- Fireplaces: 1
- Primary Bathroom: Yes
- Number of Rooms: 4
- Amenities: Public Transportation, Shopping, T-Station, University
- Electric: Circuit Breakers
- Flooring: Wood, Tile
- Interior Amenities: Cable Available
- Bedroom 2: Second Floor
- Kitchen: Second Floor
- Living Room: Second Floor
- Master Bedroom: Third Floor
- Master Bedroom Description: Bathroom - Full, Ceiling - Cathedral, Closet - Walk-in
Exterior Features
- Construction: Brick
- Exterior: Brick
- Exterior Unit Features: Balcony
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 1
Utilities
- Cooling Zones: 1
- Heat Zones: 1
- Hot Water: Natural Gas
- Utility Connections: for Electric Range, for Gas Dryer, Washer Hookup
Condo/Co-op/Association
- Condominium Name: 5-7 Derby Square Condo
- Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping
- Association Pool: No
- Management: Professional - Off Site
- Pets Allowed: Yes
- No Units: 4
- Unit Building: 4
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2015
Closed on
Oct 9, 2015
Sold by
Bertolino Leo P
Bought by
Weissner Wendy J
Seller's Agent
Ryan O'connor-Crowe
Buyer's Agent
Marie Farrar
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$334,900
Sold Price
$341,000
Premium/Discount to List
$6,100
1.82%
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
$250,651
Avg. Annual Appreciation
5.48%
Original Mortgage
$340,000
Outstanding Balance
$271,148
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$303,625
Purchase Details
Listed on
Apr 27, 2013
Closed on
May 23, 2013
Sold by
Heath Tyler J and Heath Kerry
Bought by
Bertolino Leo P
Seller's Agent
Kate Fabrizio
J. Barrett & Company
Buyer's Agent
Kate Fabrizio
J. Barrett & Company
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$185,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2003
Sold by
Tagliani Cecile W and Tagliani Jonathan M
Bought by
Heath Tyler J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,850
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 4, 1997
Sold by
Willis William J
Bought by
Cantwell Jeanne and Cantwell Jeannie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 1994
Sold by
B & M Rt
Bought by
Willis William 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 |
|---|---|---|---|
| Not Resolvable | $341,000 | -- | |
| Not Resolvable | $295,000 | -- | |
| Deed | $299,900 | -- | |
| Deed | $119,500 | -- | |
| Deed | $112,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $340,000 | New Conventional | |
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $284,850 | Purchase Money Mortgage | |
| Previous Owner | $179,500 | No Value Available | |
| Previous Owner | $113,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2015 10/09/15 | Sold | $341,000 | 0.0% | $264 / Sq Ft |
| 09/07/2015 09/07/15 | Pending | -- | -- | -- |
| 08/17/2015 08/17/15 | Off Market | $341,000 | -- | -- |
| 08/11/2015 08/11/15 | For Sale | $334,900 | +13.5% | $259 / Sq Ft |
| 05/23/2013 05/23/13 | Sold | $295,000 | -1.6% | $228 / Sq Ft |
| 04/30/2013 04/30/13 | Pending | -- | -- | -- |
| 04/27/2013 04/27/13 | For Sale | $299,900 | -- | $232 / 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 | $5,389 | $475,200 | $0 | $475,200 |
| 2024 | $5,406 | $465,200 | $0 | $465,200 |
| 2023 | $5,105 | $408,100 | $0 | $408,100 |
| 2022 | $5,525 | $417,000 | $0 | $417,000 |
| 2021 | $5,361 | $388,500 | $0 | $388,500 |
| 2020 | $5,221 | $361,300 | $0 | $361,300 |
| 2019 | $5,163 | $341,900 | $0 | $341,900 |
| 2018 | $4,928 | $320,400 | $0 | $320,400 |
| 2017 | $4,844 | $305,400 | $0 | $305,400 |
| 2016 | $4,254 | $271,500 | $0 | $271,500 |
| 2015 | $4,226 | $257,500 | $0 | $257,500 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2015
Ryan O'connor-Crowe
-
M
Buyer's Agent in 2015
Marie Farrar
Berkshire Hathaway HomeServices Commonwealth Real Estate
-
Kate Fabrizio
Seller's Agent in 2013
Kate Fabrizio
J. Barrett & Company
(978) 314-0196
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71516078
APN: SALE-000035-000000-000274-000804-000804
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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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