RENTED NOV 3, 2025

126 Derby St Unit 2 Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $392,000 - $612,000

2 Beds
1 Bath
740 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: April 22, 2021

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

Est. 29% increase in value since last sale

Current estimated payment $2,955 / mo

Highlights

  • Property is near public transit
  • Solid Surface Countertops
  • Stainless Steel Appliances
  • Wood Flooring
  • No HOA
  • 1-minute walk to Swiniuch Park

About This Home

As of November 2025

Located at 126 Derby St U:2, Salem, Massachusetts, this residential property offers an opportunity to experience the charm and character of a home with a rich history. Built in 1870, this home on floor number 2 provides a unique chance to own a piece of Salem's past. With 740 square feet of living area, the home offers a cozy and inviting atmosphere. The two bedrooms provide comfortable spaces for rest and relaxation. The single full bathroom is conveniently appointed. This Salem home presents a chance to embrace a lifestyle steeped in history and local charm.

Last Agent to Rent the Property

Anna Lam

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 09/10/2025

Coldwell Banker Realty - Andovers/Readings Regional

Last Renter's Agent

Jennifer Mattson

Century 21 Property Central Inc.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1870

Lot Details

  • 1,307

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 740 Sq Ft Home
  • Light Fixtures
  • Picture Window
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes water, laundry facilities
  • 12 Month Lease Term
  • Assessor Parcel Number 5075362

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1870

Lot Details

1,307 Sq Ft Lot

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1870
  • Entry Level: 2
  • Year Round: Yes
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Wood, Window(s) - Picture
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wood, Window(s) - Picture
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Window(s) - Picture, Countertops - Stone/Granite/Solid, Lighting - Overhead
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Stainless Steel Appliances
  • Laundry Features: In Building
  • Room Living Room Features: Closet, Flooring - Wood, Balcony / Deck
  • Above Grade Finished Sq Ft: 740
  • Living Area: 740
  • Spa YN: No
  • MAIN LO: AN6181
  • MAIN SO: AN7768

Exterior Features

  • Exterior Features: Balcony
  • Home Warranty YN: No
  • Waterfront YN: No

Utilities

  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park
  • Rent Includes: Water, Laundry Facilities
  • Senior Community YN: No

Lot Info

  • Parcel Number: 5075362
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 1307
  • Lot Size Units: Acres

Multi Family

  • Basement Included Sq Ft: No

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
Gibson Sotheby's International Realty
List Price
$364,900
Sold Price
$370,000
Premium/Discount to List
$5,100
1.4%
Current Estimated Value
$476,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,632
Avg. Annual Appreciation
5.26%
Original Mortgage
$259,000
Outstanding Balance
$232,009
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$244,623

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 20, 2018
Sold by
Benco Llc
Bought by
Bollinger Garrett M and Habbal Jasveer S
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Gaspar Amanda $370,000 None Available
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
Closed Gaspar Amanda $259,000
Previous Owner Bollinger Garrett M $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 Rented $2,500 0.0% --
10/20/2025 10/20/25 Under Contract -- -- --
09/10/2025 09/10/25 For Rent $2,500 0.0% --
04/22/2021 04/22/21 Sold $370,000 +1.4% $500 / Sq Ft View Prior Sale
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 View Prior Sale
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

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

  • A

    Landlord's Agent in 2025

    Anna Lam

    Coldwell Banker Realty - Andovers/Readings Regional

    Anna Lam
    Section Image

  • J

    Tenant's Agent in 2025

    Jennifer Mattson

    Century 21 Property Central Inc.

  • Jason Grzybek

    Seller's Agent in 2021

    Jason Grzybek

    Herrick Lutts Realty Partners

    (978) 927-1959

    1 in this area

    13 Total Sales

    Jason Grzybek
    Section Image
  • Marjie and Phil

    Buyer's Agent in 2021

    Marjie and Phil

    Gibson Sotheby's International Realty

    1 in this area

    119 Total Sales

    Marjie and Phil
    Section Image
  • Nick Zolotas

    Seller Co-Listing Agent in 2018

    Nick Zolotas

    Herrick Lutts Realty Partners

    (978) 969-3427

    1 in this area

    34 Total Sales

    Nick Zolotas
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73429164

MLS Property Information Network (MLS PIN)

APN: 41-0304-802

Massachusetts Essex County Salem 01970 Derby Street

126 Derby St Unit 2, Salem, MA

Not Listed for Sale

Condos

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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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