NOT LISTED FOR SALE

81 Derby St Unit 1 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $353,000 - $429,000

2 Beds
1 Bath
768 Sq Ft
1,742 Sq Ft Lot

Last Sold July 26, 2017

Last sale price $322,420 $420 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,582/month

9 Days on Market

About This Home

As of July 2017

BRAND NEW GUT RENOVATION! This 2-unit building was masterfully renovated from the studs in! There is a desirable open layout with beautiful oak floors and a gas fireplace in the living area. You'll find a bright kitchen with white cabinetry, granite counters and stainless appliances - including a 5-burner gas range! The back door leads to your large private deck where you can relax with the ocean breezes. The two bedrooms are spacious with hardwood & oversized closets! Custom tilework is found in the full bath with double granite vanity and linen closet. Recessed lighting is throughout along with solid paneled doors, aged bronze hardware, high ceilings, wood-clad double-pane windows & full insulation. Separate lockable storage rooms for each unit in the basement and this unit has private washer/dryer hookups there as well. Great harborside location within walking distance to all of Salem's shops, restaurants, ferry to Boston & commuter rail! Pet friendly association too

Last Listed By

Pam McKee

Keller Williams Realty Evolution Listed on: 05/31/2017

Keller Williams Realty Evolution

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,397

Year Built

1880

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 4
  • Amenities: Shopping, Park, Walk/Jog Trails, Conservation Area, Marina, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Spray Foam
  • Bedroom 2: First Floor, 12X9
  • Bathroom #1: First Floor, 10X5
  • Kitchen: First Floor, 12X10
  • Laundry Room: Basement
  • Living Room: First Floor, 13X12
  • Master Bedroom: First Floor, 12X10
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: C95098
  • Main So: C95098

Exterior Features

  • Construction: Frame
  • Exterior Unit Features: Deck - Wood, Covered Patio/Deck
  • Waterview Flag: Yes

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: sesd

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2

Multi Family

  • Waterview: Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Raquel L Frisch T
Bought by
Frisch Jonathan M and Frisch Raquel L
Total Days on Market
9
Current Estimated Value
$395,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$211,227
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$216,947

Purchase Details

Closed on
May 24, 2019
Sold by
Frisch Jonathan M and Frisch Raquel L
Bought by
Raquel L Frisch T

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 26, 2017
Sold by
Charles Hope Co Llc
Bought by
Frisch Jonathan M and Frisch Raquel L
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Pam McKee
Keller Williams Realty Evolution
List Price
$329,000
Sold Price
$322,420
Premium/Discount to List
-$6,580
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%

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
Frisch Jonathan M -- None Available
Raquel L Frisch T -- --
Frisch Jonathan M $322,420 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frisch Jonathan M $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $322,420 -2.0% $420 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $329,000 -- $428 / 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 $4,397 $387,700 $0 $387,700
2024 $4,338 $373,300 $0 $373,300
2023 $4,256 $340,200 $0 $340,200
2022 $4,118 $310,800 $0 $310,800
2021 $4,205 $304,700 $0 $304,700
2020 $4,705 $325,600 $0 $325,600
2019 $4,625 $306,300 $0 $306,300
Source: Public Records

Agents Affiliated with this Home

  • Pam McKee

    Seller's Agent in 2017

    Pam McKee

    Keller Williams Realty Evolution

    (978) 500-4047

    8 in this area

    107 Total Sales

    Pam McKee
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72173151

MLS Property Information Network (MLS PIN)

APN: 41-0275-801

Massachusetts Essex County Salem 01970 Derby Street

81 Derby St Unit 1, Salem, MA

Homes for Sale in Salem, MA

This home is located at 81 Derby St Unit 1, Salem, MA 01970 since 31 May 2017 and is currently estimated at $395,814, approximately $515 per square foot. This property was built in 1880. 81 Derby St Unit 1 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

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