Welcome to the epitome of chic urban living in the vibrant heart of Downtown Salem at Derby Lofts, be just steps away from the picturesque waterfront, museums, restaurants, shops, cafes & nightlife. As you enter this open-concept loft you are greeted with soaring ceilings, exposed brick and hardwood flrs that effortlessly blend a cool vibe to enjoy. Beautifully appointed kitchen offers generous cabinet space, granite counters, NEW SS appliances and breakfast bar that creates a seamless flow between the kitchen, dining and living areas, perfect for entertaining. Recharge in your en suite complete w/ multiple closets, a reading area and full bath. Equally tranquil is a 2nd bedroom w/ WIC or could makes perfect home office. Abundance of storage space accommodates your lifestyle while keeping everything in its place. Bonus NEWLY installed high-efficiency HVAC and Hot Water system. Professionally managed building w/, elevator access & a welcoming pet friendly association.
Sale Statistics
Sale Overview
Original List Price:$595,000
Final Sale Price:$595,000
Difference:
+$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
43
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$381
Sale $/sq ft:$381
This property sold for $381 per square foot
Sale Summary
This property sold exactly at the asking price.
The property spent 43 days on market before selling.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
2003
Bedrooms
2
Full Bathrooms
2
Living Area
1,563 sq ft
Total Rooms
5
Stories
6
Entry Level
2
Interior Features
Flooring
Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer
Laundry Features
Second Floor, In Unit
Basement Details
N
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Brick, Stone
Roof
Rubber
Exterior Features
City View(s)
Has Spa
No
View
City
Has View
Yes
Waterfront Features
Harbor, Ocean, 1/2 to 1 Mile To Beach
Waterfront Property
No
Lot & Land
Lot Size
0.48 acres
Lot Size
20,752 sq ft
Lot Size Area
0.4800
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Common
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom, Security Gate
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Marina, T-Station, University
HOA Fee
$414
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,622
Tax Year
2023
Tax Assessed Value
$449,400
Parcel Number
M:34 L:0485 S:803,4580588
Zoning
B5
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Derby Lofts
Attached Property
Yes
Disclosures
Seller to contribute 10K towards special assessment of $19, 600 for exterior maintenance at Closing. One car garage parking pass at South Harbor or Museum Garage - $270 annually. Plenty of on street parking options. NEW 2022 - HVAC, Hot Water, kitchen appliances & Bosch washer & drye
