$799,900
OPEN SUN 12PM - 1:30PM

Estimated payment $5,474/month

Total Views 3,354
2 Beds
2.5 Baths
1,342 Sq Ft
$596 Price per Sq Ft

Highlights

  • Waterfront
  • Open Floorplan
  • Property is near public transit
  • 0.29 Acre Lot
  • Deck
  • 1-minute walk to Swiniuch Park

About This Home

Welcome to 114 Derby Street Unit 2, a beautifully renovated 2-bed, 2.5-bath condo in one of Salem’s most desirable waterfront neighborhoods. Located in a restored Federal-style mansion, this home offers stylish single-level living with a perfect mix of modern finishes and historic charm. The open-concept layout features a sleek kitchen with quartz countertops and stainless appliances, flowing into a comfortable living and dining space with a cozy gas fireplace. Central A/C ensures year-round comfort. The spacious primary suite includes a walk-in closet and a well-appointed en suite bath. A second bedroom, full guest bath, and half bath offer great flexibility. Front and rear private entrances add convenience, and there's just enough outdoor space for a grill or bistro table. A spacious unfinished basement offers excellent storage and future living space. Enjoy vibrant, historic Salem in your own backyard—Showings begin at the open house. See offer instructions.

Listing Agent

Joyce Sullivan

Keller Williams Realty Evolution Listed on: 07/17/2025

Keller Williams Realty Evolution

Co-Listing Agent

Janet Sullivan

Keller Williams Realty Evolution

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,546

Year Built

  • Built in 1950

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $331 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,342 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Light Fixtures
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Dining Area
  • Basement
  • Exterior Basement Entry

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Schools

  • SHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Additional Features

  • Energy-Efficient Thermostat
  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 0014
  • Assessor Parcel Number M:41 L:0014 S:805,5000231

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, reserve funds
  • 6 Units
  • 114 Derby St Condominium Community

Amenities

  • Shops

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,546

Year Built

Built in 1950

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1950
  • Entry Level: 1
  • Year Built Details: Actual
  • Year Round: Yes
  • Special Features: 4097
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Walkout)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Main,First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 130
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 182
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 81
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 35
  • Bathroom 2 Features: Bathroom - Full
  • Bathroom 3 Features: Bathroom - Half
  • Bathroom 3 Level: First
  • Bathroom 3 Area: 24
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Lighting - Overhead
  • Room Dining Room Level: Main,First
  • Room Dining Room Area: 132
  • Room Family Room Level: First
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting
  • Room Kitchen Area: 140
  • Laundry Features: In Unit
  • Room Living Room Level: Main,First
  • Room Living Room Area: 240
  • Room Living Room Features: Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan
  • Basement: Y
  • Above Grade Finished Sq Ft: 1342
  • Living Area: 1342
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 596.05
  • PRICE PER Sq Ft: 596.05
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck
  • Common Walls: End Unit
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Waterfront Features: 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 331
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:41 L:0014 S:805,5000231
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Sq Ft: 12589
  • Lot Size Units: Acres
  • PAGE: 409

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8546
  • Tax Book Number: 35613
  • Tax Lot: 0014
  • Tax Map Number: 41

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Shs

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,546 $753,600 $0 $753,600
2024 $8,679 $746,900 $0 $746,900
2023 $8,275 $661,500 $0 $661,500
2022 $7,564 $570,900 $0 $570,900
2021 $7,489 $542,700 $0 $542,700
2020 $7,287 $504,300 $0 $504,300
2019 $7,325 $485,100 $0 $485,100
2018 $7,379 $479,800 $0 $479,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $799,900 -- $596 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73405795

MLS Property Information Network (MLS PIN)

APN: 41-0014-805