NOT LISTED FOR SALE

5 Hodges Ct Unit 3 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $464,000 - $490,000

2 Beds
1 Bath
1,000 Sq Ft
$150/mo HOA Fee

Last Sold December 16, 2021

Last sale price $360,000 $360 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,167/month

8 Days on Market

About This Home

As of December 2021

This penthouse is a true gem, set on a quiet side street between the Derby St waterfront and historic Essex St. This light filled, pet friendly, 2 bedroom condo has it all! It boasts a beautiful and private outdoor patio with garden as well as deeded parking, in unit laundry and is steps to everything that downtown Salem has to offer! The open concept home has hardwood floors throughout and has been beautifully and thoughtfully updated. A welcoming and peaceful oasis in the midst of a thriving city with world class dining, museums, and shopping. This is the one you've been searching for! Showings will begin Thursday November 4th, by appointment.

Last Agent to Sell the Property

Cleo Alexander

J. Barrett & Company Listed on: 10/28/2021

Last Buyer's Agent

Maria Salzillo

J. Barrett & Company

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,781

Year Built

1890

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: Derby Street to Hodges Court or Essex to Orange to Derby to Hodges Court
  • Garage Yn: No
  • Structure Type: 2/3 Family
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1890

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer/Dryer, Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Total Bathrooms: 1
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 337.5
  • PRICE PER Sq Ft: 360
  • MAIN SO: C95243
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: Internet Available - Broadband
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Common Walls: No One Above
  • Disclosures: Agent Is Related To Seller.
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Deeded
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 3
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Water, Insurance, Reserve Funds

Lot Info

  • LOT SIZE: 2426
  • PAGE: 573
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2613.6
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4373
  • Tax Book Number: 37771
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 16, 2021
Sold by
Laine-Alexander Rachel
Bought by
Mccarriston Christine E and Mccarriston Richard D
Seller's Agent
Cleo Alexander
J. Barrett & Company
Buyer's Agent
Maria Salzillo
J. Barrett & Company
List Price
$337,500
Sold Price
$360,000
Premium/Discount to List
$22,500
6.67%
Current Estimated Value
$478,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,416
Avg. Annual Appreciation
8.19%
Original Mortgage
$288,000
Outstanding Balance
$267,524
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,294

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 19, 2019
Sold by
Alkowaiter Alyssa G and Conary Ryan W
Bought by
Alexander Rachel L
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Cleo Alexander
J. Barrett & Company
List Price
$299,900
Sold Price
$307,000
Premium/Discount to List
$7,100
2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$219,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 6, 2016
Sold by
Broad Julie A
Bought by
Alkowaiter Alyssa G and Conary Ryan W
Seller's Agent
Heather Rogers
Realty One Group Nest
Buyer's Agent
Tyson Lynch
The Proper Nest Real Estate
List Price
$234,900
Sold Price
$245,000
Premium/Discount to List
$10,100
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$225,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2006
Sold by
Hodges Court Re Llc
Bought by
Broad Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,800
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccarriston Christine E $360,000 None Available
Alexander Rachel L $306,000 --
Alkowaiter Alyssa G $245,000 --
Broad Julie A $258,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarriston Christine E $288,000
Previous Owner Alexander Rachel L $219,000
Previous Owner Alkowaiter Alyssa G $225,000
Previous Owner Broad Julie A $180,000
Previous Owner Broad Julie A $206,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $360,000 +6.7% $360 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $337,500 +9.9% $338 / Sq Ft
08/21/2019 08/21/19 Sold $307,000 +2.4% $307 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $299,900 +22.4% $300 / Sq Ft
07/06/2016 07/06/16 Sold $245,000 +4.3% $245 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $234,900 -- $235 / 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 $4,781 $421,600 $0 $421,600
2024 $4,690 $403,600 $0 $403,600
2023 $4,582 $366,300 $0 $366,300
2022 $4,444 $335,400 $0 $335,400
2021 $4,373 $316,900 $0 $316,900
2020 $4,279 $296,100 $0 $296,100
2019 $4,101 $271,600 $0 $271,600
2018 $3,805 $247,400 $0 $247,400
2017 $3,727 $235,000 $0 $235,000
2016 $3,527 $225,100 $0 $225,100
2015 $3,530 $215,100 $0 $215,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cleo Alexander

    J. Barrett & Company

    (978) 282-1315

    2 in this area

    8 Total Sales

    Section Image
  • Maria Salzillo

    Buyer's Agent in 2021

    Maria Salzillo

    J. Barrett & Company

    (508) 527-6910

    2 in this area

    126 Total Sales

    Section Image
  • Tyson Lynch

    Seller's Agent in 2019

    Tyson Lynch

    The Proper Nest Real Estate

    (781) 244-5208

    3 in this area

    75 Total Sales

    Section Image
  • Heather Rogers

    Seller's Agent in 2016

    Heather Rogers

    Realty One Group Nest

    (978) 621-1607

    85 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72910427

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000335-000803-000803

Massachusetts Essex County Salem 01970 Derby Street

5 Hodges Ct Unit 3, Salem, MA

This home is located at 5 Hodges Ct Unit 3, Salem, MA 01970 since 28 October 2021 and is currently estimated at $479,818, approximately $479 per square foot. This property was built in 1890. 5 Hodges Ct Unit 3 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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes