Justin Haley
Responds Quickly
Compass New England, LLC
(279) 205-3046
51 Total Sales
1 in Derby Street
$434,000 Price
8 Union St Unit 1 Salem, MA 01970
Derby Street Neighborhood
2
Beds
1
Bath
1,047
Sq Ft
10,019
Sq Ft Lot
Highlights
- Medical Services
- 0.23 Acre Lot
- Custom Closet System
- Property is near a beach
- Open Floorplan
- 3-minute walk to Salem Common
About This Home
As of April 2026Rare opportunity to own in "Union Square Condominium," where historic charm meets modern luxury. This architectural gem features stunning exposed brick, wide pine floors and soaring beamed ceilings. The open-concept living, dining, and kitchen areas are ideal for everyday living and entertaining. The tastefully remodeled kitchen offers white cabinetry, quartz countertops, island and stainless appliances. Both bedrooms are spacious and the oversized full bath is accessible from the main bedroom and living area. The guest bedroom offers an adjacent room with a window, perfect for a home office. Enjoy the convenient in-unit laundry, dedicated walk-in basement storage and a common outdoor area for grilling. With a 98 Walk Score and perfectly situated between Salem Common and the waterfront, and in close proximity to the Peabody Essex Museum, vibrant shops, dining, Commuter Rail and Ferry, and including off-street and resident permit parking, welcome home to the heart of historic Salem!
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,443
Year Built
- Built in 1900 | Remodeled
HOA Fees
- $378 Monthly HOA Fees
Home Design
- Garden Home
- Entry on the 1st floor
- Brick Exterior Construction
Interior Spaces
- 1,047 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Beamed Ceilings
- Living Room with Fireplace
- 2 Fireplaces
- Storage
- Basement
- Exterior Basement Entry
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Bedroom
- Custom Closet System
- Walk-In Closet
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Property is near a beach
- Walking Distance to Water
- Rain Gutters
Location
- Property is near public transit and schools
Utilities
- Forced Air Heating and Cooling System
- 1 Heating Zone
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number M:35 L:0281 S:804,4782037
Community Details
Overview
- Association fees include water, sewer, insurance, ground maintenance, snow removal, trash, reserve funds
- 11 Units
- Union Square Condominium Community
Amenities
- Medical Services
- Common Area
- Shops
- Laundry Facilities
Recreation
- Community Pool
- Park
- Jogging Path
Pet Policy
- Pets Allowed
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
Mar 18, 2026
Closed on
Apr 27, 2026
Sold by
Bought by
Seller's Agent
Shari McStay
Keller Williams Realty Evolution
Buyer's Agent
Ray Durling
Leading Edge Real Estate
List Price
$520,000
Sold Price
$571,000
Premium/Discount to List
$51,000
9.81%
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,159
Avg. Annual Appreciation
-8.84%
Purchase Details
Closed on
Mar 12, 2012
Sold by
Bought by
Purchase Details
Closed on
Jun 25, 2009
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Derby Street, MA
-
Justin Haley
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
52 Total Sales
2 in Derby Street
$351K - $710K Price Range
-
David Brown
David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
62 Total Sales
1 in Derby Street
$650,000 Price
-
Louise Brochu
Louise Brochu
Cameron Prestige, LLC
(603) 932-5497
80 Total Sales
1 in Derby Street
$1,150,000 Price
-
Lisa Biggar
Lisa Biggar
Responds QuicklyLAER Realty Partners
(351) 444-5281
55 Total Sales
1 in Derby Street
$480,000 Price
-
Andrea O'Reilly
Andrea O'Reilly
Responds QuicklyKeller Williams Realty Evolution
(339) 218-6892
178 Total Sales
1 in Derby Street
$495,000 Price
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 | $571,000 | -- | |
| Deed | -- | -- | |
| Deed | $253,725 | -- |
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 |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | Sold | $571,000 | +9.8% | $545 / Sq Ft |
| 03/24/2026 03/24/26 | Pending | -- | -- | -- |
| 03/18/2026 03/18/26 | For Sale | $520,000 | -- | $497 / 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 | $5,050 | $445,300 | $0 | $445,300 |
| 2024 | $4,916 | $423,100 | $0 | $423,100 |
| 2023 | $4,820 | $385,300 | $0 | $385,300 |
| 2022 | $4,538 | $342,500 | $0 | $342,500 |
| 2021 | $4,386 | $317,800 | $0 | $317,800 |
| 2020 | $4,423 | $306,100 | $0 | $306,100 |
| 2019 | $4,198 | $278,000 | $0 | $278,000 |
| 2018 | $3,780 | $245,800 | $0 | $245,800 |
| 2017 | $3,705 | $233,600 | $0 | $233,600 |
| 2016 | $3,505 | $223,700 | $0 | $223,700 |
| 2015 | $3,569 | $217,500 | $0 | $217,500 |
Source: Public Records
Agents Affiliated with this Home
-
Shari McStay
Seller's Agent in 2026
Shari McStay
Keller Williams Realty Evolution
(978) 590-9190
1 in this area
138 Total Sales
-
Steven McStay
S
Seller Co-Listing Agent in 2026
Steven McStay
Keller Williams Realty Evolution
(978) 210-5402
1 in this area
60 Total Sales
-
Ray Durling
Buyer's Agent in 2026
Ray Durling
Leading Edge Real Estate
(978) 770-8099
1 in this area
150 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73488091
APN: SALE-000035-000000-000281-000804-000804
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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