$855,000
SOLD AUG 29, 2025

114 Derby St Unit 2 Salem, MA 01970

Derby Street Neighborhood
2 Beds
2.5 Baths
1,342 Sq Ft
$331/mo HOA Fee

Recently Sold

$637 Per Sq Ft

7% Above List Price

6 Days on Market

Highlights

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

About This Home

As of August 2025

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.

Last Agent to Sell the Property

Joyce Sullivan

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

Keller Williams Realty Evolution

Co-Listed By

Janet Sullivan

Keller Williams Realty Evolution

Last Buyer's Agent

Judith Zissulis

Keller Williams Realty Evolution

Keller Williams Realty Evolution

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

  • Entry on the 1st floor
  • 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: VirtualTour
  • 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: 637.11
  • MAIN SO: C95098
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2025
Closed on
Aug 21, 2025
Sold by
Neville Janet K and Neville Leo R
Bought by
Dunker-Bendigo Michael S and Paquette Michelle R
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Judith Zissulis
Keller Williams Realty Evolution
List Price
$799,900
Sold Price
$855,000
Premium/Discount to List
$55,100
6.89%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-80.08%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $855,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $855,000 +6.9% $637 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $799,900 -- $596 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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

Agents Affiliated with this Home

  • Joyce Sullivan

    Seller's Agent in 2025

    Joyce Sullivan

    Keller Williams Realty Evolution

    (978) 852-5388

    4 in this area

    98 Total Sales

    Joyce Sullivan
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Janet Sullivan

    Keller Williams Realty Evolution

    2 in this area

    12 Total Sales

    Janet Sullivan
    Section Image
  • Judith Zissulis

    Buyer's Agent in 2025

    Judith Zissulis

    Keller Williams Realty Evolution

    (781) 417-9779

    4 in this area

    31 Total Sales

    Judith Zissulis
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73405795

MLS Property Information Network (MLS PIN)

APN: 41-0014-805

Massachusetts Essex County Salem 01970 Derby Street

114 Derby St Unit 2, Salem, MA

This home is located at 114 Derby St Unit 2, Salem, MA 01970 and is currently priced at $855,000, approximately $637 per square foot. This property was built in 1950. 114 Derby St Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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