M
Seller's Agent in 2017
Maureen Lydon
Keller Williams Realty Evolution
5 Hodges Ct Unit 1 Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $469,000 - $551,000
2
Beds
1
Bath
914
Sq Ft
2,439
Sq Ft Lot
About This Home
As of December 2017It doesn't get better than this! Lovely two bedroom condo in the heart of downtown Salem. A short walk to Pickering Wharf, Salem Common, PEM, the Salem Ferry, the commuter rail, and all the best restaurants and history Salem has to offer. Plus the Friendship and Derby Wharf are right at the bottom of your street. You are close to everything, yet situated on a quiet side street with two tandem off-street deeded parking spots. Unit features oversized living room, eat-in kitchen, stainless appliances, two large bedrooms, in-unit laundry with a custom linen closet, gleaming hardwood floors, a large storage area in the basement, and a private outdoor porch to enjoy the fresh salt air. This well maintained condo is not to be missed! Pet friendly condo association. Hodges is one way from Derby St to Essex St.
Last Agent to Sell the Property
Maureen Lydon
Keller Williams Realty Evolution License #454007525 Listed on: 10/19/2017
Last Buyer's Agent
Maureen Lydon
Keller Williams Realty Evolution License #454007525 Listed on: 10/19/2017
Property Details
Home Type
Condominium
Est. Annual Taxes
$4,929
Year Built
1890
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: Street
- Property Type: Condominium/Co-Op
- CC Type: Condo
- Style: Garden
- Other Agent: 1.00
- Lead Paint: Unknown
- Year Built Description: Unknown/Mixed
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1890
Interior Features
- Has Basement: Yes
- Number of Rooms: 4
- Amenities: Public Transportation, Shopping, Park, Marina
- Flooring: Wood, Tile
- Bedroom 2: First Floor
- Bathroom #1: First Floor
- Kitchen: First Floor
- Laundry Room: First Floor
- Living Room: First Floor
- Master Bedroom: First Floor
- Master Bedroom Description: Flooring - Hardwood
- No Bedrooms: 2
- Full Bathrooms: 1
- No Living Levels: 1
- Main Lo: C95098
- Main So: C95098
Exterior Features
- Construction: Frame
- Exterior: Shingles
- Exterior Unit Features: Porch
Garage/Parking
- Parking: Tandem
- Parking Spaces: 2
Utilities
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Association Fee Includes: Water, Sewer, Master Insurance
- Management: Owner Association
- No Units: 3
- Unit Building: 1
Fee Information
- Fee Interval: Monthly
Lot Info
- Zoning: res
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2020
Sold by
Indeck Alan S and Indeck Etha C
Bought by
Indeck Zachary C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$116,081
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$353,522
Purchase Details
Listed on
Oct 19, 2017
Closed on
Dec 11, 2017
Sold by
Mcateer Rita M
Bought by
Indeck Alan S and Indeck Etha C
Seller's Agent
Maureen Lydon
Keller Williams Realty Evolution
Buyer's Agent
Maureen Lydon
Keller Williams Realty Evolution
List Price
$269,900
Sold Price
$280,000
Premium/Discount to List
$10,100
3.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$130,000
Interest Rate
3.94%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 30, 2006
Sold by
Hodges Court Re Llc
Bought by
Mcateer Rita M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,350
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Indeck Zachary C | -- | None Available | |
| Indeck Alan S | $280,000 | -- | |
| Mcateer Rita M | $262,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Indeck Zachary C | $130,000 | |
| Previous Owner | Indeck Zachary C | $130,000 | |
| Previous Owner | Mcateer Rita M | $233,500 | |
| Previous Owner | Mcateer Rita M | $249,350 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2017 12/11/17 | Sold | $280,000 | +3.7% | $306 / Sq Ft |
| 10/26/2017 10/26/17 | Pending | -- | -- | -- |
| 10/19/2017 10/19/17 | For Sale | $269,900 | -- | $295 / 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 | $4,929 | $434,700 | $0 | $434,700 |
| 2024 | $4,834 | $416,000 | $0 | $416,000 |
| 2023 | $4,708 | $376,300 | $0 | $376,300 |
| 2022 | $4,567 | $344,700 | $0 | $344,700 |
| 2021 | $4,495 | $325,700 | $0 | $325,700 |
| 2020 | $4,397 | $304,300 | $0 | $304,300 |
| 2019 | $3,983 | $263,800 | $0 | $263,800 |
| 2018 | $3,696 | $240,300 | $0 | $240,300 |
| 2017 | $3,622 | $228,400 | $0 | $228,400 |
| 2016 | $3,427 | $218,700 | $0 | $218,700 |
| 2015 | $3,430 | $209,000 | $0 | $209,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72245467
APN: SALE-000035-000000-000335-000801-000801
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