$201,000
SOLD JAN 29, 2016
2 Beds
1 Bath
799 Sq Ft
1873 Built

Recently Sold

$252 Per Sq Ft

4% Below List Price

39 Days on Market

About This Home

As of July 2021

Amazing location! Situated on a dead end street and offering complete privacy from the bustle of Historic Derby Street, this 2 bed 1 bath condo offers all the amenities and benefits of living in Salem Seaport District including glimpses of Salem Harbor. The unit features hardwood floors, a wood stove in the open living and dining rooms, a private porch, off street parking, low condo fees, and more. Shared common laundry in basement. Convenient location boasts close access to both Derby & Pickering Wharf, the Salem Common, and the commuter rail.

Last Agent to Sell the Property

The Mitchell Team

Keller Williams Realty Evolution Listed on: 10/08/2015

Keller Williams Realty Evolution

Last Buyer's Agent

Chris Martin

Cameron Prestige, LLC

Cameron Prestige, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,053

Year Built

1873

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1873

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Marina, Private School, Public School, T-Station, University
  • Electric: 220 Volts, Circuit Breakers, 100 Amps
  • Energy: Storm Windows
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor, 10X10
  • Bathroom #1: Second Floor, 8X5
  • Kitchen: Second Floor, 6X8
  • Laundry Room: Basement
  • Living Room: Second Floor, 13X12
  • Master Bedroom: Second Floor, 8X13
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: Second Floor, 11X9

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC, 2 Units
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Condominium Name: Palfrey Court Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Snow Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 2

Schools

  • High School: Salem Hs

Lot Info

  • Assessor Parcel Number: 35-0346-802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 7, 2021
Sold by
Chiaradonna William and Chiardonna Kelly
Bought by
Camisa Michelle
Seller's Agent
Alexis Colpoys
Cameron Real Estate Group
Buyer's Agent
Renee Merchant
Lamacchia Realty, Inc.
List Price
$319,900
Sold Price
$335,000
Premium/Discount to List
$15,100
4.72%
Current Estimated Value
$434,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,742
Avg. Annual Appreciation
4.61%
Original Mortgage
$324,950
Outstanding Balance
$298,019
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$106,374

Purchase Details

Listed on
Oct 8, 2015
Closed on
Jan 29, 2016
Sold by
Turner Bernice L
Bought by
Chiaradonna William
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Chris Martin
Cameron Prestige, LLC
List Price
$209,900
Sold Price
$201,000
Premium/Discount to List
-$8,900
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$160,800
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1997
Sold by
Thompson Robert W
Bought by
Turner Bernice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1994
Sold by
Heinritz John C
Bought by
Thompson Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,700
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1987
Sold by
Cloutman William H
Bought by
Heinritz John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
10.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Not Resolvable $335,000 None Available
Not Resolvable $201,000 --
Deed $80,000 --
Deed $78,500 --
Deed $129,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,950 Purchase Money Mortgage
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $160,800 New Conventional
Previous Owner $64,000 Purchase Money Mortgage
Previous Owner $66,700 Purchase Money Mortgage
Previous Owner $116,100 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $335,000 +4.7% $419 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $319,900 0.0% $400 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $319,900 +59.2% $400 / Sq Ft
01/29/2016 01/29/16 Sold $201,000 -4.2% $252 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $209,900 -- $263 / 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 $4,053 $357,400 $0 $357,400
2024 $3,966 $341,300 $0 $341,300
2023 $3,793 $303,200 $0 $303,200
2022 $3,685 $278,100 $0 $278,100
2021 $3,388 $245,500 $0 $245,500
2020 $3,318 $229,600 $0 $229,600
2019 $3,151 $208,700 $0 $208,700
2018 $2,928 $190,400 $0 $190,400
2017 $2,872 $181,100 $0 $181,100
2016 $2,717 $173,400 $0 $173,400
2015 $2,719 $165,700 $0 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71916622

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000346-000802-000802