$425,000
SOLD JUL 1, 2025
1 Bed
1 Bath
763 Sq Ft
$200/mo HOA Fee

Recently Sold

$557 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Marina
  • Open Floorplan
  • Dining Room with Fireplace
  • Medical Services
  • Deck
  • 1-minute walk to Swiniuch Park

About This Home

As of July 2025

Don’t miss this incredible opportunity to own a piece of Salem’s rich history in one of its most desirable neighborhoods. Located on picturesque and highly sought-after Derby Street, this spacious and inviting first-floor condo offers 763 square feet of thoughtfully designed living space. Featuring one large bedroom and one full bathroom, this unit perfectly blends old-world charm with modern updates.The interior boasts gorgeous original wide pine floors & two stunning ornamental fireplaces that add warmth and character. The kitchen is both stylish and functional, offering updated finishes, ample cabinetry & room for casual dining or entertaining. Additional highlights include an in-unit washer/dryer, excellent closet space and a private outdoor deck area that provides the perfect spot for morning coffee. A true rarity in this area, the unit comes with its own private garage parking space—nearly unheard of in the neighborhood.Set within close proximity to vibrant downtown & waterfront.

Last Agent to Sell the Property

Jennifer Crowe

Atlantic Coast Homes,Inc Listed on: 05/28/2025

Last Buyer's Agent

Jack Attridge

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,198

Year Built

  • Built in 1786 | Remodeled

Lot Details

  • No Units Located Below
  • Garden

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 763 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wainscoting
  • Recessed Lighting
  • Light Fixtures
  • Window Screens
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0315 S:801,2138132

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance
  • 3 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,198

Year Built

Built in 1786 | Remodeled

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1786
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Sub Agent Compensation: 0
  • Sub Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: High Speed Internet
  • Entry Location: Unit Placement(Street,Front,Back)
  • Fireplace Features: Dining Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet, Balcony / Deck, Deck - Exterior, Exterior Access, High Speed Internet Hookup
  • Room Master Bedroom Level: Main,First
  • Room Master Bedroom Area: 187
  • Bathroom 1 Area: 56
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Beadboard
  • Bathroom 1 Level: Main,First
  • Room Dining Room Features: Bathroom - Full, Flooring - Wood, Exterior Access, High Speed Internet Hookup, Open Floorplan, Lighting - Overhead
  • Room Dining Room Level: Main,First
  • Room Dining Room Area: 108
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Wood, Pantry, Countertops - Upgraded, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Gas Stove
  • Room Kitchen Area: 160
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: Main,First
  • Room Living Room Area: 180
  • Room Living Room Features: Closet, Flooring - Wood, Cable Hookup, Exterior Access, High Speed Internet Hookup
  • Basement: Y
  • Above Grade Finished Sq Ft: 763
  • Living Area: 763
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Screens
  • MAIN LO: AC1991
  • LIST PRICE PER Sq Ft: 536.04
  • PRICE PER Sq Ft: 557.01
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Porch, Garden, Screens
  • Common Walls: No One Below
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds

Lot Info

  • Parcel Number: M:41 L:0315 S:801,2138132
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 366
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4198
  • Tax Book Number: 41624

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Jun 23, 2025
Sold by
Lamusta Patrick S
Bought by
Bittermann David and Bittermann Margaret
Seller's Agent
Jennifer Crowe
Atlantic Coast Homes,Inc
Buyer's Agent
Jack Attridge
William Raveis R.E. & Home Services
List Price
$409,000
Sold Price
$425,000
Premium/Discount to List
$16,000
3.91%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.28%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Crocker Brian D
Bought by
Engelhardt Shannon E and Engelhardt Max R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2003
Sold by
Dubin Eleanor C
Bought by
Crocker Brian D
Source: Public Records

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

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
Deed $425,000 --
Deed $266,000 --
Deed $266,000 --
Deed $215,000 --
Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,250 Purchase Money Mortgage
Previous Owner $211,315 Stand Alone Refi Refinance Of Original Loan
Previous Owner $53,200 No Value Available
Previous Owner $53,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $425,000 +3.9% $557 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $409,000 +9.1% $536 / Sq Ft
06/22/2023 06/22/23 Sold $375,000 +1.4% $491 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $369,900 0.0% $485 / Sq Ft
03/15/2017 03/15/17 Rented $1,550 0.0% --
03/08/2017 03/08/17 Under Contract -- -- --
02/12/2017 02/12/17 For Rent $1,550 +3.3% --
09/01/2016 09/01/16 Rented $1,500 0.0% --
08/28/2016 08/28/16 Under Contract -- -- --
08/19/2016 08/19/16 For Rent $1,500 +3.4% --
07/16/2012 07/16/12 Rented $1,450 -9.4% --
07/16/2012 07/16/12 For Rent $1,600 -- --
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 $4,198 $370,200 $0 $370,200
2024 $4,633 $398,700 $0 $398,700
2023 $4,506 $360,200 $0 $360,200
2022 $4,386 $331,000 $0 $331,000
2021 $4,317 $312,800 $0 $312,800
2020 $4,234 $293,000 $0 $293,000
2019 $4,029 $266,800 $0 $266,800
2018 $3,748 $243,700 $0 $243,700
2017 $3,687 $232,500 $0 $232,500
2016 $3,490 $222,700 $0 $222,700
2015 $3,492 $212,800 $0 $212,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73381675

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000315-000801-000801