$375,000
SOLD JUL 25, 2019
1 Bed
1 Bath
1,099 Sq Ft
$409/mo HOA Fee

Recently Sold

$341 Per Sq Ft

6% Below List Price

83 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating and Cooling System
  • 5-minute walk to Piperpont Park
  • Wood Flooring

About This Home

As of February 2022

Spacious, corner unit, penthouse, with spectacular water and downtown, historic Salem views. Walls of windows allow tons of natural light to flood into this open concept, contemporary space. The windows have remote control, Hunter Douglas shades. The large bedroom has a walk in, California closet and remarkable water views. Heating/Cooling system motor was replaced in 2019, a new water heater expansion tank was added in 2018. The unit has 2 elevators, an area for drop offs and the ability to drive through and leave the car for 20 minutes while unloading. The building also provides a carriage and a cart to carry things up in the elevator. Dining, shopping, cafe's, and the Ferry or Train to Boston are all steps away. A parking spot has been paid for until March 2020, total cost per year is $270. Don't miss this opportunity to live in such a unique property! Building is extremely pet friendly!

Last Agent to Sell the Property

Susan Zeppi

Keller Williams Gateway Realty License #456015112 Listed on: 03/20/2019

Last Buyer's Agent

North Star International Realty Team

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,140

Year Built

  • Built in 2003

HOA Fees

  • $409 per month

Property Views

  • Ocean
  • Harbor

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0485 S:845

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,140

Year Built

Built in 2003

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Loft
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 350.32
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2003
  • Lead Paint: Unknown
  • Unit Building: 601
  • Unit Level: 6
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 3
  • No Living Levels: 1
  • Main Lo: G95022
  • Main So: AN1405
  • Estimated Sq Ft: 1099.00

Exterior Features

  • Waterview Features: Harbor, Ocean
  • Waterview Flag: Yes
  • Construction: Frame, Brick
  • Exterior: Brick

Garage/Parking

  • Parking Feature: Leased
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air, Individual, Unit Control
  • Cooling Zones: 1
  • Heating: Forced Air, Gas, Individual, Unit Control
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 409.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom, Security Gate
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Derby Lofts

Lot Info

  • Assessments: 363300.00
  • Acre: 0.48
  • Lot Size: 20909.00
  • Page: 173
  • Parcel Number: M:34 L:0485 S:845
  • Zoning: B5

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5486.00
  • Assessor Parcel Number: 4581746

Multi Family

  • No Units: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2022
Closed on
Feb 4, 2022
Sold by
Goel Gautam and Goel Kanupriya
Bought by
Harrell Seth C
Seller's Agent
North Star International Realty Team
LAER Realty Partners
Buyer's Agent
The Haddad Homes Group
Compass
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$501,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,254
Avg. Annual Appreciation
6.68%
Original Mortgage
$177,750
Outstanding Balance
$166,436
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,351

Purchase Details

Listed on
Jul 17, 2019
Closed on
Jul 15, 2019
Sold by
Gerry Mark E
Bought by
Goel Gautam and Goel Kannupriya
Seller's Agent
North Star International Realty Team
LAER Realty Partners
Buyer's Agent
Livingston Group
Compass
Sold Price
$2,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Original Mortgage
$281,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2016
Closed on
Nov 28, 2016
Sold by
Berliner Kimberly S
Bought by
Gerry Mark E
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$319,000
Sold Price
$315,000
Premium/Discount to List
-$4,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$236,250
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Berliner Charles H and Berliner Kimberly S
Bought by
Berliner Kimberly S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $395,000 None Available
Not Resolvable $375,000 --
Not Resolvable $315,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $177,750 Purchase Money Mortgage
Previous Owner $281,250 New Conventional
Previous Owner $25,000 Closed End Mortgage
Previous Owner $236,250 New Conventional
Previous Owner $253,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $395,000 -1.3% $359 / Sq Ft
01/06/2022 01/06/22 For Sale $400,000 +15900.0% $364 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
09/10/2019 09/10/19 Rented $2,500 0.0% --
09/09/2019 09/09/19 Under Contract -- -- --
08/06/2019 08/06/19 Price Changed $2,500 0.0% $2 / Sq Ft
07/25/2019 07/25/19 Sold $375,000 0.0% $341 / Sq Ft
07/17/2019 07/17/19 For Rent $2,600 0.0% --
06/11/2019 06/11/19 Pending -- -- --
05/01/2019 05/01/19 Price Changed $385,000 -1.3% $350 / Sq Ft
04/10/2019 04/10/19 Price Changed $389,900 -2.1% $355 / Sq Ft
03/20/2019 03/20/19 For Sale $398,400 +26.5% $363 / Sq Ft
11/28/2016 11/28/16 Sold $315,000 -1.3% $286 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $319,000 -- $290 / 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 $5,140 $453,300 $0 $453,300
2024 $4,991 $429,500 $0 $429,500
2023 $5,289 $422,800 $0 $422,800
2022 $5,536 $417,800 $0 $417,800
2021 $5,403 $391,500 $0 $391,500
2020 $5,644 $390,600 $0 $390,600
2019 $5,486 $363,300 $0 $363,300
2018 $5,125 $333,200 $0 $333,200
2017 $5,026 $316,900 $0 $316,900
2016 $4,795 $306,000 $0 $306,000
2015 $4,462 $271,900 $0 $271,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72468017

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000485-000845-000845