$534,900

131 Derby St Unit 3F Salem, MA 01970

Derby Street Neighborhood

Estimated payment $3,616/month

Total Views 2,215
2 Beds
1 Bath
800 Sq Ft
$669 Price per Sq Ft

Highlights

  • Marina
  • Waterfront
  • Open Floorplan
  • Medical Services
  • 0.23 Acre Lot
  • 1-minute walk to Swiniuch Park

About This Home

Live your best life in the heart of Salem’s vibrant & historic Derby Street neighborhood. Just steps from the waterfront, Salem Maritime Historic site, fine dining, taverns, shops, the PEM, Pickering Wharf, The Common, House of Seven Gables, & the ferry & commuter rail to Boston. This meticulously maintained 2BR condo blends modern comfort w/ the ultimate downtown lifestyle. Enjoy exclusive access to your own private covered deck, perfect for relaxing, entertaining, or grilling w/ an electric setup. Inside, the open-concept layout features 9' ceilings, hardwood floors, granite counters, SS appliances (incl. new DW), a kitchen island that seats 3–4, and in-unit laundry. Custom Hunter Douglas blinds, including blackout blinds in the primary BR, add both style & function. Two-car tandem covered parking & a rare, oversized storage space in the basement provide the convenience most downtown homes can't offer. Pet-friendly building. Completely renovated in 2005 & move-in ready!

Listing Agent

Melissa Dias Lopes

J. Barrett & Company Listed on: 08/20/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,825

Year Built

  • Built in 1912

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Carport
  • Tandem Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Light Fixtures
  • Insulated Windows
  • Insulated Doors
  • Storage
  • Basement
  • Exterior Basement Entry
  • Intercom

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Deck
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0316 S:805,4593711

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 8 Units
  • Renaissance Condominium At 131 Derby St Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,825

Year Built

Built in 1912

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1912
  • Entry Level: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Storage
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom2 Area: 126.145833333
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 155.194444444
  • Master Bathroom Features: No
  • Bathroom 1 Area: 46.597222222
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Lighting - Overhead
  • Room Kitchen Area: 279.791666666
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 206.888888888
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Overhead
  • Basement: Y
  • Above Grade Finished Sq Ft: 800
  • Living Area: 800
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 668.63
  • PRICE PER Sq Ft: 668.63
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront Features: Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Detached, Carport, Assigned, Off Street, Tandem

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3F
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:41 L:0316 S:805,4593711
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10088
  • Lot Size Units: Acres
  • PAGE: 254
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4825
  • Tax Book Number: 24371

Multi Family

  • Number Of Units Total: 8
  • Basement Included Sq Ft: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,825 $425,500 $0 $425,500
2024 $4,725 $406,600 $0 $406,600
2023 $4,564 $364,800 $0 $364,800
2022 $4,415 $333,200 $0 $333,200
2021 $4,081 $295,700 $0 $295,700
2020 $4,151 $287,300 $0 $287,300
2019 $4,051 $268,300 $0 $268,300
2018 $3,937 $256,000 $0 $256,000
2017 $4,047 $255,200 $0 $255,200
2016 $3,748 $239,200 $0 $239,200
2015 $3,612 $220,100 $0 $220,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $534,900 -- $669 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Condominium Deed -- None Available
Condominium Deed -- None Available
Deed $270,400 --
Deed $270,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $182,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $216,320 Purchase Money Mortgage
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73419934

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000316-000805-000805

Massachusetts Essex County Salem 01970 Derby Street

131 Derby St Unit 3F, Salem, MA

This home is located at 131 Derby St Unit 3F, Salem, MA 01970 and is currently priced at $534,900, approximately $668 per square foot. This property was built in 1912. 131 Derby St Unit 3F is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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Nearby Homes
Melissa Dias Lopes
Listing Agent
Melissa Dias Lopes
Section Image
J. Barrett & Company
(978) 913-6285