Penthouse living in the 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, oversized windows and hardwood flrs that effortlessly blend the perfect living space with spectacular views and westward sunsets. Granite and SS Kitchen, Central Air, In-unit laundry and ample storage are all included in this great opportunity. Professionally managed building with elevator access, Drive-thru exclusive drop off for residents only & a welcoming pet friendly association make you feel right at home!
Sale Statistics
Sale Overview
Original List Price:$516,000
Final Sale Price:$485,000
Difference:
$31,000 (-6.0%)
Performance Metrics
94.0%
List to Sale Ratio
Sold below asking price
135
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$516
Sale $/sq ft:$485
This property sold for $485 per square foot
Sale Summary
This property sold for 6.0% below the original asking price.
At 135 days on market, this property took longer than average to sell.
Public Transportation, Shopping, Park, Highway Access, Marina, T-Station, University
HOA Fee
$406
Association Amenities
Elevator(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,804
Tax Year
2024
Tax Assessed Value
$413,400
Parcel Number
M:34 L:0485 S:854,4656145
Zoning
B5
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Derby Lofts
Common Walls
No One Above
Attached Property
Yes
Disclosures
A wall was put up by a previous owner to create a 2nd bedroom. Condo docs/Public record list it as a one bedroom. Garage Parking Pass is at South Harbor Garage. Pass is deeded to the unit, $270/year.
