A
Seller's Agent in 2016
Ann Marie Ciaraldi
J. Barrett & Company
1 Total Sale
Derby Lofts Condos 51 Lafayette St Unit 409 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $614,000 - $634,210
2
Beds
2
Baths
1,629
Sq Ft
0.48
Acres
About This Home
As of September 2016This Derby Lofts condo is the ultimate in chic urban living in downtown historic Salem. This light filled open floor plan boasts 1629 sqft of living space with beautiful views, a master suite with built in closet system, hardwood floors and a chefs kitchen. Restaurants, shops, museums, the waterfront and more are just a short walk out your front door. Come home to Salem today! SHOWINGS AT FIRST OPEN HOUSE JULY 10th from 11:30-1 ***All showings please enter from the entrance across from the Fire Station**
Last Agent to Sell the Property
J. Barrett & Company License #454007152 Listed on: 07/07/2016
Last Buyer's Agent
Cori Nekoroski
Gibson Sotheby's International Realty License #449587411
Property Details
Home Type
Condominium
Est. Annual Taxes
$6,098
Year Built
2003
Lot Details
0
Listing Details
- Unit Level: 4
- Unit Placement: Upper
- Property Type: Condominium/Co-Op
- Other Agent: 1.00
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: Condos
- Year Built: 2003
Interior Features
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Has Basement: No
- Number of Rooms: 4
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, University
- Electric: 100 Amps
- Energy: Insulated Windows
- Flooring: Tile, Hardwood
- Interior Amenities: Intercom
- Bedroom 2: First Floor
- Bathroom #1: First Floor
- Bathroom #2: First Floor
- Kitchen: First Floor
- Laundry Room: First Floor
- Living Room: First Floor
- Master Bedroom: First Floor
- Master Bedroom Description: Bathroom - 3/4, Closet, Flooring - Hardwood, Window(s) - Picture
- No Living Levels: 1
Exterior Features
- Roof: Rubber
- Construction: Frame
- Exterior: Brick
- Beach Ownership: Public
Garage/Parking
- Parking Spaces: 1
Utilities
- Cooling: Central Air
- Heating: Forced Air, Gas
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: Derby Lofts
- Association Fee Includes: Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Snow Removal, Refuse Removal
- Association Security: Intercom
- Management: Professional - Off Site
- Pets Allowed: Yes w/ Restrictions
- No Units: 54
- Unit Building: 409
Fee Information
- Fee Interval: Monthly
Lot Info
- Assessor Parcel Number: M:34 L:0485 S:831
- Zoning: B5
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2016
Closed on
Sep 23, 2016
Sold by
Mccarthy Kevin and Mccarthy Shannon
Bought by
Legacy John S
Seller's Agent
Ann Marie Ciaraldi
J. Barrett & Company
Buyer's Agent
Cori Nekoroski
Gibson Sotheby's International Realty
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
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
$256,303
Avg. Annual Appreciation
5.90%
Original Mortgage
$296,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2005
Sold by
Derby Lofts Llc
Bought by
Mccarthy Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Legacy John S | $370,000 | -- | |
| Mccarthy Kevin | $399,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Legasey John | $298,500 | |
| Closed | Legasey John S | $287,000 | |
| Closed | Legacy John S | $296,000 | |
| Previous Owner | Mccarthy Kevin | $319,920 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2016 09/23/16 | Sold | $370,000 | -2.6% | $227 / Sq Ft |
| 07/30/2016 07/30/16 | Pending | -- | -- | -- |
| 07/19/2016 07/19/16 | Price Changed | $380,000 | -5.0% | $233 / Sq Ft |
| 07/07/2016 07/07/16 | For Sale | $399,900 | -- | $245 / 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 | $6,098 | $537,700 | $0 | $537,700 |
| 2024 | $5,905 | $508,200 | $0 | $508,200 |
| 2023 | $6,180 | $494,000 | $0 | $494,000 |
| 2022 | $5,996 | $452,500 | $0 | $452,500 |
| 2021 | $5,854 | $424,200 | $0 | $424,200 |
| 2020 | $6,120 | $423,500 | $0 | $423,500 |
| 2019 | $5,992 | $396,800 | $0 | $396,800 |
| 2018 | $5,608 | $364,600 | $0 | $364,600 |
| 2017 | $5,503 | $347,000 | $0 | $347,000 |
| 2016 | $5,253 | $335,200 | $0 | $335,200 |
| 2015 | $4,889 | $297,900 | $0 | $297,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Marie Ciaraldi
-
C
Buyer's Agent in 2016
Cori Nekoroski
Gibson Sotheby's International Realty
About Derby Lofts Condos
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72034238
APN: SALE-000034-000000-000485-000831-000831
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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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