74 Derby St Unit 1 Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $476,000 - $535,431
2
Beds
1
Bath
1,418
Sq Ft
$352/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Main Floor Primary Bedroom
- Home Office
- Wood Flooring
- Mud Room
- 3-minute walk to Swiniuch Park
About This Home
As of June 2020Located in the Derby Waterfront District this fabulous 2 bedroom condominium (half house) centrally located to Pickering Wharf, House of the Seven Gables and historic homes on the Harbor, restaurants, shopping. Commuter rail and Ferry to Boston. Open floor plan with large eat in kitchen. Living room with beautifully maintained wide pine floors and lots of natural light. Large bedroom and bathroom all on the street level. Large 2nd bedroom with extra room for a small office area or sitting room in the lower level with laundry. High end, high efficiency heating system installed in 2018. Exterior stained in 2019. Pet-friendly. Two off-street parking spaces. Walk to Collins Cove, Salem Willows, the Common and downtown amenities. Don't miss this beautiful home and lifestyle! Covid19 showing protocols required.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,995
Year Built
- Built in 1900
Home Design
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Stone
Interior Spaces
- 1,418 Sq Ft Home
- 2-Story Property
- Mud Room
- Dining Area
- Home Office
- Laundry in Basement
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Off-Street Parking
Schools
- Salem Elementary And Middle School
- Salem High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
Additional Features
- Property is zoned R2
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 2137876
Community Details
Overview
- Property has a Home Owners Association
- Association fees include water, insurance
- 5 Beckett Ave And 74 Derby Street Condo Community
Amenities
- Shops
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2020
Closed on
Jun 25, 2020
Sold by
Haven Charles R
Bought by
Lenahan Shawn P and Lenahan Elizabeth-Lucey
Seller's Agent
Josephine Baker
J. Barrett & Company
Buyer's Agent
Kevin Farrar
Atlantic Coast Homes,Inc
List Price
$335,000
Sold Price
$345,000
Premium/Discount to List
$10,000
2.99%
Total Days on Market
4
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
$154,358
Avg. Annual Appreciation
7.82%
Original Mortgage
$334,650
Outstanding Balance
$300,542
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$198,816
Purchase Details
Closed on
May 14, 1986
Bought by
Haven Charles R
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lenahan Shawn P | $345,000 | None Available | |
| Haven Charles R | $109,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lenahan Shawn P | $45,000 | |
| Open | Lenahan Shawn P | $334,650 | |
| Previous Owner | Haven Charles R | $50,000 | |
| Previous Owner | Haven Charles R | $25,000 | |
| Previous Owner | Haven Charles R | $15,000 | |
| Previous Owner | Haven Charles R | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2020 06/30/20 | Sold | $345,000 | +3.0% | $243 / Sq Ft |
| 05/22/2020 05/22/20 | Pending | -- | -- | -- |
| 05/18/2020 05/18/20 | For Sale | $335,000 | -- | $236 / 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 | $5,206 | $459,100 | $0 | $459,100 |
| 2024 | $5,079 | $437,100 | $0 | $437,100 |
| 2023 | $4,908 | $392,300 | $0 | $392,300 |
| 2022 | $4,753 | $358,700 | $0 | $358,700 |
| 2021 | $4,677 | $338,900 | $0 | $338,900 |
| 2020 | $4,995 | $345,700 | $0 | $345,700 |
| 2019 | $4,853 | $321,400 | $0 | $321,400 |
| 2018 | $4,503 | $292,800 | $0 | $292,800 |
| 2017 | $4,414 | $278,300 | $0 | $278,300 |
| 2016 | $4,176 | $266,500 | $0 | $266,500 |
| 2015 | $4,180 | $254,700 | $0 | $254,700 |
Source: Public Records
Agents Affiliated with this Home
-
Josephine Baker
Seller's Agent in 2020
Josephine Baker
J. Barrett & Company
(978) 233-3878
2 in this area
54 Total Sales
-
Kevin Farrar
Buyer's Agent in 2020
Kevin Farrar
Atlantic Coast Homes,Inc
(978) 578-3448
3 in this area
73 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72653544
APN: SALE-000041-000000-000096-000801-000801
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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