5 Hodges Ct Unit 3 Salem, MA 01970
Derby Street Neighborhood
2
Beds
1
Bath
1,000
Sq Ft
$150/mo
HOA Fee
About This Home
As of December 2021This 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.
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%
Total Days on Market
8
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
$137,275
Avg. Annual Appreciation
8.48%
Original Mortgage
$288,000
Outstanding Balance
$267,524
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$209,624
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
Similar Homes in the area
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 | $360,000 | None Available | |
| Not Resolvable | $306,000 | -- | |
| Not Resolvable | $245,000 | -- | |
| Deed | $258,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $288,000 | Purchase Money Mortgage | |
| Previous Owner | $219,000 | New Conventional | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $180,000 | No Value Available | |
| Previous Owner | $206,800 | Purchase Money Mortgage |
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
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
-
Cleo Alexander
C
Seller's Agent in 2021
Cleo Alexander
J. Barrett & Company
(978) 282-1315
2 in this area
8 Total Sales
-
Maria Salzillo
Buyer's Agent in 2021
Maria Salzillo
J. Barrett & Company
(508) 527-6910
2 in this area
123 Total Sales
-
Tyson Lynch
Seller's Agent in 2019
Tyson Lynch
The Proper Nest Real Estate
(781) 244-5208
3 in this area
75 Total Sales
-
Heather Rogers
Seller's Agent in 2016
Heather Rogers
Realty One Group Nest
(978) 621-1607
88 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72910427
APN: SALE-000035-000000-000335-000803-000803
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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