131 Derby St Unit 3R Salem, MA 01970
Derby Street NeighborhoodEstimated payment $3,272/month
Highlights
- Harbor Views
- Solid Surface Countertops
- Porch
- Wood Flooring
- 1 Car Detached Garage
- 1-minute walk to Swiniuch Park
About This Home
***Open Houses, Sat.9/13 & Sun. 9/14 from 12-2 pm *** Welcome to Derby Street living in Historic Salem! This bright and airy third-floor condo features 9-foot ceilings, an open-concept living room and kitchen with granite counters, center island, and stainless-steel appliances, plus two spacious bedrooms and a full bath. Sunlight fills the unit with glimpses of Salem Harbor from several windows, while standout amenities include two-car tandem covered parking, private basement storage, in-unit laundry, and a covered porch. The condo fee includes heat for added convenience. Close proximity to the waterfront, museums, restaurants, and shopping, and convenient to the MBTA commuter rail and Boston ferry, this home blends historic charm with modern living. Sale contingent on seller purchasing identified property; seller requests use & occupancy until no later than Nov. 15, 2025. Please do not park in the driveway during Open Houses.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,974
Year Built
- Built in 1900
HOA Fees
- $300 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Carport
- Tandem Parking
- Open Parking
- Off-Street Parking
- Deeded Parking
Home Design
- Garden Home
- Entry on the 3rd floor
- Frame Construction
- Rubber Roof
Interior Spaces
- 823 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Insulated Windows
- Wood Flooring
- Harbor Views
- Basement
- Exterior Basement Entry
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on third floor
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 4542035
Community Details
Overview
- Association fees include heat, water, sewer, insurance, security, snow removal
- 8 Units
- Mid-Rise Condominium
Amenities
- Shops
Recreation
- Park
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,974 | $438,600 | $0 | $438,600 |
| 2024 | $4,873 | $419,400 | $0 | $419,400 |
| 2023 | $4,726 | $377,800 | $0 | $377,800 |
| 2022 | $4,524 | $341,400 | $0 | $341,400 |
| 2021 | $4,181 | $303,000 | $0 | $303,000 |
| 2020 | $4,253 | $294,300 | $0 | $294,300 |
| 2019 | $4,148 | $274,700 | $0 | $274,700 |
| 2018 | $4,033 | $262,200 | $0 | $262,200 |
| 2017 | $4,146 | $261,400 | $0 | $261,400 |
| 2016 | $3,838 | $244,900 | $0 | $244,900 |
| 2015 | $3,699 | $225,400 | $0 | $225,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $479,900 | +12.9% | $583 / Sq Ft |
| 09/02/2022 09/02/22 | Sold | $425,000 | +6.3% | $516 / Sq Ft |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $399,900 | +11.1% | $486 / Sq Ft |
| 10/01/2020 10/01/20 | Sold | $360,000 | +2.9% | $437 / Sq Ft |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- |
| 08/15/2020 08/15/20 | For Sale | $349,900 | -- | $425 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $425,000 | None Available | |
| Condominium Deed | $360,000 | None Available | |
| Not Resolvable | $278,000 | -- | |
| Deed | $274,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Purchase Money Mortgage | |
| Previous Owner | $342,000 | New Conventional | |
| Previous Owner | $264,100 | New Conventional | |
| Previous Owner | $237,500 | No Value Available | |
| Previous Owner | $319,920 | Purchase Money Mortgage | |
| Previous Owner | $54,980 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73426469
APN: SALE-000041-000000-000316-000806-000806
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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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