127 Derby St Unit 1 Salem, MA 01970
Derby Street Neighborhood
1
Bed
1
Bath
763
Sq Ft
$200/mo
HOA Fee
Highlights
- Marina
- Open Floorplan
- Dining Room with Fireplace
- Medical Services
- Deck
- 1-minute walk to Swiniuch Park
About This Home
As of July 2025Don’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.
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
- 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
Ownership History
Date
Name
Owned For
Owner Type
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
Similar Homes in Salem, MA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $266,000 | -- | |
| Deed | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,250 | Purchase Money Mortgage | |
| Closed | $211,315 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $53,200 | No Value Available | |
| Closed | $53,200 | Purchase Money Mortgage | |
| Closed | $212,800 | No Value Available |
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
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
-
Jennifer Crowe
Seller's Agent in 2025
Jennifer Crowe
Atlantic Coast Homes,Inc
(978) 505-1158
1 in this area
46 Total Sales
-
Jack Attridge
Buyer's Agent in 2025
Jack Attridge
William Raveis R.E. & Home Services
(781) 883-3200
1 in this area
121 Total Sales
-
Merry Fox Team
M
Seller's Agent in 2023
Merry Fox Team
MerryFox Realty
21 in this area
272 Total Sales
-
Maggie Gibson
Seller Co-Listing Agent in 2023
Maggie Gibson
MerryFox Realty
(978) 852-1566
3 in this area
30 Total Sales
-
Julie Tsakirgis
Buyer's Agent in 2023
Julie Tsakirgis
RE/MAX
(617) 548-1784
1 in this area
134 Total Sales
-
M
Buyer's Agent in 2017
Michelle Brown
Conway - Swampscott
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73381675
APN: SALE-000041-000000-000315-000801-000801
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.
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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