NOT LISTED FOR SALE

7 Daniels St Unit 3 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $452,000 - $502,000

1 Bed
1 Bath
940 Sq Ft
3,441 Sq Ft Lot

Last Sold August 01, 2016

Last sale price $284,900 $303 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,910/month

3 Days on Market

About This Home

As of August 2016

Fabulous Penthouse unit in a brick building located in the heart of the Historic Derby Street Neighborhood. This unit was never finished / sold when original condo conversion was performed. So, although the association is a few years old, this unit is brand new. Completely gutted to studs...everything has been updated. Hard wood floors, new kitchen, bathroom, insulation, windows....Vaulted ceilings and tons of light throughout. A truly rare find that will not last.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 06/23/2016

Last Buyer's Agent

Pam McKee

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,990

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 4
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile
  • Insulation: Full
  • Bathroom #1: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Third Floor
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Oth1 Room Name: Loft
  • Oth1 Level: Third Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Unit Features: Porch
  • Beach Ownership: Public

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 1

Utilities

  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 1, 2016
Sold by
Rogers David
Bought by
Kayser Kenneth
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Pam McKee
Keller Williams Realty Evolution
List Price
$274,900
Sold Price
$284,900
Premium/Discount to List
$10,000
3.64%
Current Estimated Value
$474,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,255
Avg. Annual Appreciation
5.66%
Original Mortgage
$229,500
Outstanding Balance
$183,468
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$290,687

Purchase Details

Closed on
May 8, 2015
Sold by
Galber Scott E
Bought by
Rogers David

Purchase Details

Closed on
Mar 16, 2011
Sold by
Galber Scott E
Bought by
Salem City Of

Purchase Details

Closed on
Mar 20, 2007
Sold by
Jastrzembski Eleanor A and Jastrzembski Richard F
Bought by
Galber Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.4%
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 Buyer Sale Price Title Company
Kayser Kenneth $284,900 --
Rogers David $145,000 --
Salem City Of $470 --
Galber Scott E $356,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kayser Kenneth $229,500
Previous Owner Galber Scott E $377,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $284,900 +3.6% $303 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $274,900 -- $292 / 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 $4,990 $440,000 $0 $440,000
2024 $4,884 $420,300 $0 $420,300
2023 $4,680 $374,100 $0 $374,100
2022 $4,545 $343,000 $0 $343,000
2021 $4,375 $317,000 $0 $317,000
2020 $4,423 $306,100 $0 $306,100
2019 $4,199 $278,100 $0 $278,100
2018 $3,899 $253,500 $0 $253,500
2017 $3,822 $241,000 $0 $241,000
2016 $3,579 $228,400 $0 $228,400
2015 -- $221,900 $0 $221,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Merry Fox Team

    MerryFox Realty

    19 in this area

    263 Total Sales

    Merry Fox Team
    Section Image
  • Pam McKee

    Buyer's Agent in 2016

    Pam McKee

    Keller Williams Realty Evolution

    (978) 500-4047

    7 in this area

    93 Total Sales

    Pam McKee
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72028241

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000382-000803-000803

Massachusetts Essex County Salem 01970 Derby Street

7 Daniels St Unit 3, Salem, MA

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