NOT LISTED FOR SALE

5 Hodges Ct Unit 2 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $454,000 - $498,000

2 Beds
1 Bath
900 Sq Ft
$537/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $330,000 $367 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,118/month

About This Home

As of August 2018

Available March 1st!! This gorgeous 2 bedroom condo, located in the heart of Salem's Historic Derby Street Neighborhood, is within minutes of the commuter train to Boston, Salem's amazing restaurants, shopping and cultural offerings! Just a block off the Salem Common, this stunning second-floor apartment features two large bedrooms, an upgraded kitchen with stainless appliances and granite counters, exposed brick, hardwood flooring throughout, in-unit laundry and plenty of storage. 2 off-street parking spaces (tandem), a private porch and separate basement storage/workout space complete the package! This is a non-smoking unit and no pets are allowed.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 30, 2018
Sold by
Bryan Katelyn and Latouf William G
Bought by
Flavell April E
Seller's Agent
Bill Cerrato
StartPoint Realty
Buyer's Agent
Diane Polley
Churchill Properties
List Price
$299,900
Sold Price
$330,000
Premium/Discount to List
$30,100
10.04%
Current Estimated Value
$483,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,146
Avg. Annual Appreciation
5.82%
Original Mortgage
$313,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2015
Closed on
Sep 10, 2015
Sold by
Crotty Amy
Bought by
Latouf William G and Bryan Katelyn
Seller's Agent
DANIEL DEMERS
Sell Your Home Services
Buyer's Agent
Bill Cerrato
StartPoint Realty
List Price
$249,999
Sold Price
$225,000
Premium/Discount to List
-$24,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$180,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Hodges Court Re Llc
Bought by
Sheeran Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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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
Flavell April E $330,000 --
Latouf William G $225,000 --
Sheeran Patrick J $269,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flavell April E $307,000
Closed Flavell April E $313,500
Previous Owner Latouf William G $179,000
Previous Owner Latouf William G $180,000
Previous Owner Sheeran Patrick J $253,600
Previous Owner Sheeran Patrick J $266,000
Previous Owner Sheeran Patrick J $215,200
Previous Owner Sheeran Patrick J $53,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Rented $2,100 0.0% --
02/09/2021 02/09/21 Under Contract -- -- --
02/05/2021 02/05/21 For Rent $2,100 0.0% --
08/30/2018 08/30/18 Sold $330,000 +10.0% $367 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $299,900 +33.3% $333 / Sq Ft
09/10/2015 09/10/15 Sold $225,000 -4.2% $250 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/14/2015 07/14/15 Price Changed $234,900 -4.1% $261 / Sq Ft
06/16/2015 06/16/15 Price Changed $244,999 -2.0% $272 / Sq Ft
05/31/2015 05/31/15 For Sale $249,999 +19.6% $278 / Sq Ft
05/11/2012 05/11/12 Sold $209,000 0.0% $232 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $209,000 -- $232 / Sq Ft

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 $4,967 $438,000 $0 $438,000
2024 $4,865 $418,700 $0 $418,700
2023 $4,730 $378,100 $0 $378,100
2022 $4,578 $345,500 $0 $345,500
2021 $4,504 $326,400 $0 $326,400
2020 $4,409 $305,100 $0 $305,100
2019 $3,997 $264,700 $0 $264,700
2018 $3,704 $240,800 $0 $240,800
2017 $3,630 $228,900 $0 $228,900
2016 $3,435 $219,200 $0 $219,200
2015 $3,438 $209,500 $0 $209,500
Source: Public Records

Agents Affiliated with this Home

  • Julie Andrews

    Seller's Agent in 2021

    Julie Andrews

    Keller Williams Realty Evolution

    (978) 290-1495

    3 in this area

    34 Total Sales

    Julie Andrews
    Section Image

  • B

    Seller's Agent in 2018

    Bill Cerrato

    StartPoint Realty

    (774) 232-1085

    7 Total Sales

    Bill Cerrato
    Section Image
  • Diane Polley

    Buyer's Agent in 2018

    Diane Polley

    Churchill Properties

    (508) 641-5535

    9 Total Sales

    Diane Polley
    Section Image

  • D

    Seller's Agent in 2015

    DANIEL DEMERS

    Sell Your Home Services

    4,320 Total Sales

    DANIEL DEMERS
    Section Image
  • Thomas Beauregard

    Seller's Agent in 2012

    Thomas Beauregard

    Keller Williams Realty Evolution

    (781) 690-3837

    34 Total Sales

    Thomas Beauregard
    Section Image
  • Jennifer Sullivan

    Buyer's Agent in 2012

    Jennifer Sullivan

    Keller Williams Realty Evolution

    (978) 836-1175

    38 Total Sales

    Jennifer Sullivan
    Section Image
See All Agents

Map

Massachusetts Essex County Salem 01970 Derby Street

5 Hodges Ct Unit 2, Salem, MA

Homes for Sale in Salem, MA

This home is located at 5 Hodges Ct Unit 2, Salem, MA 01970 and is currently estimated at $483,146, approximately $536 per square foot. 5 Hodges Ct Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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.

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