$1,050,000
SOLD DEC 2, 2025
6 Beds
3 Baths
3,468 Sq Ft
2,544 Sq Ft Lot

Sale Details

Date Sold: December 2, 2025

$303 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • Marina
  • Harbor Views
  • Wood Flooring
  • Property is near a beach
  • Property is near public transit and schools
  • 3-minute walk to Swiniuch Park

About This Home

As of December 2025

Outstanding 3 Family in the historic Derby St neighborhood. Right around the corner from the Salem Boston Ferry Landing and close to Pickering Wharf, Salem Commons, Salem Willows, MBTA commuter Rail Service and Downtown Salem with all its shops and restaurants. Seasonal harbor views. Each unit has approx. 1100 Sq Ft of living area with nice layouts with 2 bedrooms, kitchen dining area and spacious living rooms.

Last Agent to Sell the Property

Phil O'Donnell

Aluxety Listed on: 10/21/2025

Last Buyer's Agent

Kevin Mccafferty

RyVal Homes

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,262

Year Built

  • Built in 1915

Lot Details

  • 2,544 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,468 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Wood Flooring
  • Harbor Views
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Choice Elementary School
  • Collins Middle School
  • SHS Or Charter High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • 100 Amp Service

Additional Features

  • Property is near a beach
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $5,800
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 2137878

Community Details

Recreation

  • Marina

Additional Features

  • 3 Units
  • Coin Laundry
  • Net Operating Income $69,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,262

Year Built

Built in 1915

Lot Details

2,544 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1915
  • Levels: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Hardwood
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3468
  • Living Area: 3468
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8387
  • MAIN SO: NB9147

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Oven
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Baseboard
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Essex
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Laundromat, Marina, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2137878
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2544
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8262

Multi Family

  • Net Operating Income: 69600
  • Number Of Units Total: 3
  • Total Actual Rent: 5800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Waterview: Harbor

MLS Schools

  • High School: Shs Or Charter
  • Elementary School: Choice
  • Middle Or Junior School: Collins

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2025
Closed on
Dec 1, 2025
Sold by
Bought by
Seller's Agent
Phil O'Donnell
Aluxety
Buyer's Agent
Kevin Mccafferty
RyVal Homes
List Price
$989,000
Sold Price
$1,050,000
Premium/Discount to List
$61,000
6.17%
Views
81
Current Estimated Value
$1,039,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,124
Avg. Annual Appreciation
-1.44%
Original Mortgage
$20,000
Outstanding Balance
$19,785
Interest Rate
6.17%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,020,091

Purchase Details

Closed on
Mar 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Derby Street, MA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $1,000,050 --
Deed $335,000 --
Deed $178,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $20,000 Future Advance Clause Open End Mortgage
Previous Owner $378,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $226,000 No Value Available
Previous Owner $326,500 No Value Available
Previous Owner $324,000 No Value Available
Previous Owner $251,000 No Value Available
Previous Owner $176,000 No Value Available
Previous Owner $176,000 No Value Available
Previous Owner $113,500 No Value Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 Sold $1,050,000 +6.2% $303 / Sq Ft
10/25/2025 10/25/25 Pending -- -- --
10/21/2025 10/21/25 For Sale $989,000 -- $285 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,262 $728,600 $166,100 $562,500
2024 $7,712 $663,700 $166,100 $497,600
2023 $7,450 $595,500 $152,000 $443,500
2022 $7,432 $560,900 $146,400 $414,500
2021 $7,142 $517,500 $138,000 $379,500
2020 $6,682 $462,400 $123,900 $338,500
2019 $6,547 $433,600 $112,600 $321,000
2018 $6,009 $390,700 $104,700 $286,000
2017 $5,821 $367,000 $98,500 $268,500
2016 $5,461 $348,500 $80,000 $268,500
2015 $5,435 $331,200 $80,000 $251,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73445872

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000097

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