NOT LISTED FOR SALE

126 Derby St Unit 2 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $416,000 - $477,120

2 Beds
1 Bath
740 Sq Ft
$128/mo HOA Fee

Last Sold April 22, 2021

Last sale price $370,000 $500 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,065/month

12 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Swiniuch Park
  • Tankless Water Heater
  • Laundry Facilities

About This Home

As of April 2021

Beautiful two bedroom, one bathroom condo in the heart of the Salem Common area. Convenient distance to the House of the Seven Gables, Ferry, Salem Waterfront, and many great restaurants, shops, and museum. Tastefully updated kitchen with gorgeous granite countertops, white shaker - style cabinetry, and stainless appliances. This condo features two separate deck areas great for entertaining or relaxing and taking in the wonderful Salem energy. Low HOA fee, high efficiency water heater/HVAC system make the ease of living that much better. Individual Central A/C as well! Summer is right around the corner! Come tour this wonderful property for yourself !

Last Listed By

Jason Grzybek

Herrick Lutts Realty Partners Listed on: 03/02/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,915

Year Built

  • Built in 1870

Lot Details

  • Year Round Access

HOA Fees

  • $128 per month

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,915

Year Built

Built in 1870

Lot Details

0

HOA Fees

$128 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 1.00
  • Restrictions: Smoking - In Common Areas, Smoking - In Units
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 493.11
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1870

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 12X10, Closet, Flooring - Hardwood, Window(s) - Picture, Lighting - Sconce
  • Bedroom 2: On Level: Second Floor, Dimension: 12X10, Closet, Flooring - Hardwood, Window(s) - Picture
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Dimension: 9X5, Bathroom - Full, Bathroom - With Tub & Shower, Window(s) - Picture, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Overhead
  • No Rooms: 5
  • Kitchen: On Level: Second Floor, Dimension: 10X11, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Remodeled, Stainless Steel Appliances, Lighting - Overhead
  • Laundry: On Level: First Floor, Main Level
  • Laundry Features: Common, In Building
  • Living Room: On Level: Second Floor, Dimension: 10X15, Fireplace, Closet, Flooring - Hardwood, Window(s) - Picture
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN6507
  • Main So: AN6181
  • Estimated Sq Ft: 740.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Deck, Deck - Wood, Patio, Balcony, Gutters

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air, Individual, Unit Control
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air, Gas, Individual, Unit Control
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station, University
  • HOA Fees: 128.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 126 Derby Street Condominium

Lot Info

  • Assessments: 305500.00
  • Acre: 0.03
  • Lot Size: 1403.00
  • Page: 367
  • Zoning: B1

Green Features

  • Energy Features: Storm Windows, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4414.48
  • Assessor Parcel Number: 5075362
  • Tax Year: 2020

Multi Family

  • No Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 22, 2021
Sold by
Bellinger Garrett M and Jabbal Jasveer S
Bought by
Gaspar Amanda
Seller's Agent
Jason Grzybek
Herrick Lutts Realty Partners
Buyer's Agent
Marjie and Phil
Advisors Living - Arlington
List Price
$364,900
Sold Price
$370,000
Premium/Discount to List
$5,100
1.4%
Total Days on Market
12
Current Estimated Value
$453,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,530
Avg. Annual Appreciation
6.97%
Original Mortgage
$259,000
Outstanding Balance
$237,031
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,969

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 20, 2018
Sold by
Benco Llc
Bought by
Bollinger Garrett M
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$304,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Salem, MA

  • 9 Kosciusko St Unit 3, Salem, MA 01970

    $379,000

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • 9 Kosciusko St
    • Unit 3
    • Salem, MA

    SUPER charming condo featuring ocean views from the skylights, exposed beams, hardwood floors and a pellet stove!! WOW location just off historic Derby Street with downtown Salem, Pickering Wharf and the water shuttle to Boston just minutes away. You'll love the open concept layout with cathedral ceilings, beautifully refinished hardwood floors and lots of natural light. The gorgeous and spacious

    Pam McKee Keller Williams Realty Evolution

    Section Image
  • 7 Curtis St Unit 1, Salem, MA 01970

    $549,900

    • 2 Beds
    • 2.5 Baths
    • 905 Sq Ft
    • 7 Curtis St
    • Unit 1
    • Salem, MA

    This beautifully restored classic mid-19th century home in Salem’s desirable Wharf neighborhood is a must-see. Ideally located just a short distance from Pickering Wharf, the Salem Ferry, and the Commuter Rail – you'll enjoy easy access to all that Salem’s vibrant downtown has to offer. Careful attention was given to preserving the original features of this classic antique. Exposed beams and wood

    Daniel Meegan J. Barrett & Company

    Section Image
  • 4 Boardman St Unit 1, Salem, MA 01970

    $399,000

    • 1 Bed
    • 1 Bath
    • 760 Sq Ft
    • 4 Boardman St
    • Unit 1
    • Salem, MA

    Experience coastal living in this sun-filled first-floor condo, ideally located near Salem Common and just minutes from beautiful Collins Cove, Waikiki, and Dead Horse beaches. This charming home blends historic character with modern updates, featuring high ceilings, original wood moldings, recessed lighting, and vinyl plank flooring throughout. Natural light pours into the open living and

    Maria Rinaldo Lamacchia Realty, Inc.

    Section Image
  • 11 Church St Unit 506, Salem, MA 01970

    $465,000

    • 2 Beds
    • 2 Baths
    • 969 Sq Ft
    • 11 Church St
    • Unit 506
    • Salem, MA

    Bright, spacious, and move-in ready 2-bed, 2-bath condo in the highly desirable Essex building in downtown Salem! This updated condo features an open-concept layout with French doors leading to Juliet balcony, a modern kitchen with built-in wine bar, custom walk-in mudroom closet, in-unit laundry, custom closet organizers throughout, new carpet in both bedrooms and large windows with charming

    Scott Saulnier Liberty Residential Realty, LLC

    Section Image
  • 5 Gardner St Unit 2, Salem, MA 01970

    $459,000

    • 3 Beds
    • 1 Bath
    • 1,228 Sq Ft
    • 5 Gardner St
    • Unit 2
    • Salem, MA

    Tucked on a quiet one-way street, this sun-splashed Salem condo blends timeless charm with thoughtful updates. Soaring ceilings, gleaming hardwood floors, and classic millwork give the home a warm and welcoming feel. The updated kitchen features gas cooking, ample cabinetry, generous prep space, and a breakfast bar that opens to a roomy dining area—perfect for everyday living or entertaining.

    Henry Pizzo Aluxety

    Section Image
  • 24 Cabot St Unit 1, Salem, MA 01970

    $429,000

    • 2 Beds
    • 1 Bath
    • 823 Sq Ft
    • 24 Cabot St
    • Unit 1
    • Salem, MA

    Welcome to 24 Cabot Street #1 — a beautifully maintained and thoughtfully updated first-floor condo just moments from vibrant downtown Salem and the MBTA Commuter Rail. This spacious 2-bedroom, 1-bath home perfectly blends historic charm with modern conveniences. Soaring ceilings, rich hardwood floors, and original architectural details offer warmth and character in every room, while the updated

    Emily Schwartz Centre Realty Group

    Section Image
  • 245 Lafayette St Unit 1F, Salem, MA 01970

    $367,000

    • 1 Bed
    • 1 Bath
    • 668 Sq Ft
    • 245 Lafayette St
    • Unit 1F
    • Salem, MA

    NEW - Bright and Sunny 1st-floor condo offers one large bedroom, a private balcony and off-street parking. This turn-key home features an expansive living & dining room complete with Hardwood fls & NEW recessed lights thru-out plus access to your private southeast facing balcony. Enjoy entertaining and cooking in your Renovate kitchen complete with a NEW SS appliances, Quartz Counters and NEW

    Zoe Karademos Coldwell Banker Realty - Beverly

    Section Image
  • 11 1/2 Mason St Unit 2, Salem, MA 01970

    $399,000

    • 2 Beds
    • 1 Bath
    • 745 Sq Ft
    • 11 1/2 Mason St
    • Unit 2
    • Salem, MA

    One mile from Historic Downtown Salem, this beautiful Air Conditioned 2 bedroom condo offers much to be desired. Open Living Room concept, modern kitchen with Careera countertop and stainless-steel appliances. Hardwood floors throughout. Primary bedroom with fully built system in walk in closet. Plumbing, electric, HVAC all renovated in 2020. New windows in 2021. Less than 1/2 mile to the MBTA

    Jennifer DeNisco Cameron Prestige, LLC

    Section Image
  • 2A Hazel St Unit 3, Salem, MA 01970

    $429,000

    • 2 Beds
    • 1 Bath
    • 820 Sq Ft
    • 2A Hazel St
    • Unit 3
    • Salem, MA

    A Sun Splashed upper unit--Ideally located two blocks off Lafayette Street in South Salem between downtown and Salem State University. Classy and move-in-ready Top Floor Unit features two generously sized bedrooms, hardwood floors, and a private rear deck. The unit comes with deeded off-street parking. Separate Washer and dryer and a good size storage unit in the basement. It is conveniently

    Arian Simaku Simaku Realty, LLC

    Section Image
See All Homes in Salem

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gaspar Amanda $370,000 None Available
Bollinger Garrett M $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaspar Amanda $259,000
Previous Owner Bollinger Garrett M $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $370,000 +1.4% $500 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $364,900 +14.0% $493 / Sq Ft
12/04/2018 12/04/18 Sold $320,000 0.0% $432 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $319,900 -- $432 / 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 $4,915 $433,400 $0 $433,400
2024 $4,792 $412,400 $0 $412,400
2023 $4,567 $365,100 $0 $365,100
2022 $4,444 $335,400 $0 $335,400
2021 $4,366 $316,400 $0 $316,400
2020 $4,414 $305,500 $0 $305,500
Source: Public Records

Agents Affiliated with this Home

  • Jason Grzybek

    Seller's Agent in 2021

    Jason Grzybek

    Herrick Lutts Realty Partners

    (978) 927-1959

    1 in this area

    11 Total Sales

    Jason Grzybek
    Section Image
  • Marjie and Phil

    Buyer's Agent in 2021

    Marjie and Phil

    Advisors Living - Arlington

    1 in this area

    127 Total Sales

    Marjie and Phil
    Section Image
  • Nick Zolotas

    Seller Co-Listing Agent in 2018

    Nick Zolotas

    Herrick Lutts Realty Partners

    (978) 969-3427

    3 in this area

    36 Total Sales

    Nick Zolotas
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72791580

MLS Property Information Network (MLS PIN)

APN: 41-0304-802

Massachusetts Essex County Salem 01970 Derby Street

126 Derby St Unit 2, Salem, MA

Homes for Sale in Salem, MA

This home is located at 126 Derby St Unit 2, Salem, MA 01970 since 02 March 2021 and is currently estimated at $453,530, approximately $612 per square foot. This property was built in 1870. 126 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.

Nearby Homes