Welcome to your newly renovated studio on the vibrant corner of Derby St, across from the renowned Mercy Tavern. Situated amidst Salem's rich history, you'll find yourself living near iconic landmarks like the House of the Seven Gables and the picturesque Salem Harbor. With a Ferry nearby, and a train station in Salem, you'll have access to different routes of transportation! Plus, with low HOA fees, you can embrace hassle-free living in this prime location. Don't miss out on the opportunity to make this charming studio your new home sweet home!
Sale Statistics
Sale Overview
Original List Price:$185,000
Final Sale Price:$196,000
Difference:
+$11,000 (+5.9%)
Performance Metrics
105.9%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$483
Sale $/sq ft:$512
This property sold for $512 per square foot
Sale Summary
This property sold for 5.9% above the original asking price, indicating strong buyer demand.
With only 15 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
383 sq ft
Total Rooms
2
Stories
1
Entry Level
1
Interior Features
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Basement Details
Y
Exterior & Structure
Construction Materials
Brick
Has Spa
No
Waterfront Features
Ocean, Direct Access, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Parking Features
Rented
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, Public School, T-Station, University
HOA Fee
$89
HOA Fee Frequency
Monthly
Association Amenities
Storage
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$2,244
Tax Year
2024
Tax Assessed Value
$193,100
Parcel Number
M:35 L:0392 S:802,2136831
Zoning
B1
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Attached Property
Yes
Disclosures
Seller reserves the right to accept an offer at any time. Showings deffered until after the first open house.
Location
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Neighborhood
149 Derby St # B, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$187
Homeowners Insurance$200
HOA Fee$89
PMI$0
Property History
Market Insights
5.6%
Price Range
17
Total Days on Market
Property Timeline
✓
Sold
Mar 8, 2024
$196,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Feb 9, 2024
$185,000
Original listing
Agent: Marc GreenOffice: Coldwell Banker Realty - Marblehead
