$325,000
SOLD APR 30, 2015
3 Beds
2 Baths
1,541 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

1% Below List Price

59 Days on Market

About This Home

As of August 2020

Large townhouse in the heart of Historic Derby Street neighborhood with oversized rooms and an abundance of storage throughout. Just a "stone's throw" from the ocean, and a short walk to Train station and downtown Salem. Situated on a side street between Salem Common and the waterfront, this 3+ bedroom condo offers multi level living with all the amenities. 3 car parking is unheard of in this neighborhood. Come see this spacious townhouse in a great location!

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 02/24/2015

Last Buyer's Agent

Kate Richard

J. Barrett & Company

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,074

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper, Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood
  • Bedroom 2: Second Floor
  • Bedroom 3: Third Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Third Floor
  • Dining Room: Second Floor

Exterior Features

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

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 3

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Landscaping, Snow Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 13, 2020
Sold by
Wallace Daniel J and Wallace Sara D
Bought by
Burnett Hanna and Silvbestri Justin W
Seller's Agent
AnneMarie Resca
Century 21 North East
Buyer's Agent
David Woodrow
Keller Williams Realty Boston-Metro | Back Bay
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Current Estimated Value
$607,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,974
Avg. Annual Appreciation
8.37%
Original Mortgage
$328,000
Outstanding Balance
$294,212
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$313,762

Purchase Details

Listed on
Feb 24, 2015
Closed on
Apr 30, 2015
Sold by
Gasparini Andrea
Bought by
Wallace Daniel J and Wallce Sara D
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Kate Richard
J. Barrett & Company
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$308,750
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2011
Sold by
Gasparini Andrea and Javurek Aimee L
Bought by
Gasparini Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Dyer Dennis A
Bought by
Gasparini Andrea and Javurek Aimee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage
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 $410,000 None Available
Not Resolvable $325,000 --
Deed -- --
Deed $285,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,000 New Conventional
Previous Owner $308,750 New Conventional
Previous Owner $245,000 Purchase Money Mortgage
Previous Owner $270,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $410,000 +2.8% $271 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $399,000 +22.8% $264 / Sq Ft
04/30/2015 04/30/15 Sold $325,000 0.0% $211 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
03/17/2015 03/17/15 Off Market $325,000 -- --
02/24/2015 02/24/15 For Sale $329,000 -- $213 / 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 $6,074 $535,600 $0 $535,600
2024 $5,934 $510,700 $0 $510,700
2023 $5,682 $454,200 $0 $454,200
2022 $5,521 $416,700 $0 $416,700
2021 $5,434 $393,800 $0 $393,800
2020 $5,325 $368,500 $0 $368,500
2019 $5,059 $335,000 $0 $335,000
2018 $4,700 $305,600 $0 $305,600
2017 $4,611 $290,700 $0 $290,700
2016 $4,214 $268,900 $0 $268,900
2015 -- $257,000 $0 $257,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71794739

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000027-000802-000802