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.
Sold for $425,000
$425,000
127 Derby St #1, Salem, MA 01970
1beds
763sqft
Condominium
Built in 1786
-- sqft lot
$433,200 Zestimate®
$557/sqft
$2,350 Estimated rent
Home value
$433,200
$394,000 - $477,000
$2,350/mo
Zestimate® history
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$2,837/mo
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$2,837/mo
Est. payment
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List your homeWhat's special
Updated finishesPrivate outdoor deck areaExcellent closet spaceThoughtfully designed living spaceAmple cabinetryStunning ornamental fireplaces
Zillow last checked:
Listing updated:
Listed by:
Jennifer Crowe 978-505-1158,
Atlantic Coast Homes,Inc 978-777-4444
Bought with:
Jack Attridge
William Raveis R.E. & Home Services
Source: MLS PIN,MLS#: 73381675
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Closet, Flooring - Wall to Wall Carpet, Balcony / Deck, Deck - Exterior, Exterior Access, High Speed Internet Hookup
- Level: Main,First
- Area: 187
- Dimensions: 17 x 11
Bathroom 1
- Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Beadboard
- Level: Main,First
- Area: 56
- Dimensions: 8 x 7
Dining room
- Features: Bathroom - Full, Flooring - Wood, Exterior Access, High Speed Internet Hookup, Open Floorplan, Lighting - Overhead
- Level: Main,First
- Area: 108
- Dimensions: 12 x 9
Kitchen
- Features: Flooring - Wood, Pantry, Countertops - Upgraded, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Gas Stove
- Level: Main,First
- Area: 160
- Dimensions: 20 x 8
Living room
- Features: Closet, Flooring - Wood, Cable Hookup, Exterior Access, High Speed Internet Hookup
- Level: Main,First
- Area: 180
- Dimensions: 15 x 12
Heating
- Baseboard, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Laundry: First Floor, In Unit
Features
- High Speed Internet
- Flooring: Wood, Tile, Carpet
- Windows: Screens
- Has basement: Yes
- Number of fireplaces: 2
- Fireplace features: Dining Room, Living Room
- Common walls with other units/homes: No One Below
Interior area
- Total structure area: 763
- Total interior livable area: 763 sqft
- Finished area above ground: 763
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Off Street
- Garage spaces: 1
Features
- Entry location: Unit Placement(Street,Front,Back)
- Patio & porch: Porch
- Exterior features: Porch, Garden, Screens
- Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Details
- Parcel number: M:41 L:0315 S:801,2138132
- Zoning: B1
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Roof: Shingle
Condition
- Year built: 1786
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station, University
HOA
- Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
- HOA fee: $200 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $557/sqft
- Tax assessed value: $370,200
- Annual tax amount: $4,198
- Date on market: 1/14/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $425,000+3.9%$557/sqft |
Source: MLS PIN #73381675 Report a problem | ||
| 6/3/2025 | Contingent | $409,000$536/sqft |
Source: MLS PIN #73381675 Report a problem | ||
| 5/29/2025 | Listed for sale | $409,000+9.1%$536/sqft |
Source: MLS PIN #73381675 Report a problem | ||
| 6/22/2023 | Sold | $375,000+1.4%$491/sqft |
Source: MLS PIN #73117422 Report a problem | ||
| 5/31/2023 | Contingent | $369,900$485/sqft |
Source: MLS PIN #73117422 Report a problem | ||
| 5/30/2023 | Listed for sale | $369,900+39.1%$485/sqft |
Source: MLS PIN #73117422 Report a problem | ||
| 3/9/2017 | Listing removed | $1,550$2/sqft |
Source: Merry Fox Realty #72118371 Report a problem | ||
| 2/12/2017 | Listed for rent | $1,550$2/sqft |
Source: Merry Fox Realty #72118371 Report a problem | ||
| 6/20/2005 | Sold | $266,000+23.7%$349/sqft |
Source: Public Record Report a problem | ||
| 6/20/2003 | Sold | $215,000$282/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,198 -9.4% | $370,200 -7.1% |
| 2024 | $4,633 +2.8% | $398,700 +10.7% |
| 2023 | $4,506 | $360,200 |
| 2022 | $4,506 +4.4% | $360,200 +15.2% |
| 2021 | $4,317 +2% | $312,800 +6.8% |
| 2020 | $4,234 +5.1% | $293,000 +9.8% |
| 2019 | $4,029 +7.5% | $266,800 +9.5% |
| 2018 | $3,748 +1.7% | $243,700 +4.8% |
| 2017 | $3,687 +5.6% | $232,500 +4.4% |
| 2016 | $3,490 -0.1% | $222,700 +4.7% |
| 2015 | $3,492 +2.8% | $212,800 +4.8% |
| 2014 | $3,396 +5% | $203,000 -1.9% |
| 2012 | $3,234 +1% | $206,900 -2.8% |
| 2011 | $3,203 +3.6% | $212,800 -3.6% |
| 2010 | $3,092 +3.4% | $220,700 -4.6% |
| 2009 | $2,990 +5.9% | $231,400 -4.4% |
| 2008 | $2,824 +7.2% | $242,000 -1.1% |
| 2007 | $2,635 | $244,700 |
Find assessor info on the county website
Neighborhood: 01970
Nearby homes
- $480,0002 bd1 ba823 sqft131 Derby St APT 3R, Salem, MA 01970Sold
- $415,7001 bd1 ba864 sqft125 Derby St #A, Salem, MA 01970Off Market
- $404,7001 bd1 ba841 sqft125 Derby St #B, Salem, MA 01970Off Market
- $572,6002 bd2 ba1.4k sqft125 Derby St #C, Salem, MA 01970Off Market
- $439,8001 bd1 ba864 sqft125 Derby St, Salem, MA 01970Off Market
- $425,0002 bd1 ba763 sqft127 Derby St #2, Salem, MA 01970Off Market
- $321,1001 bd1 ba542 sqft127 Derby St #3, Salem, MA 01970Off Market
- $372,3001 bd1 ba763 sqft127 Derby St, Salem, MA 01970Off Market
Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.7 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.4 mi
- 5/10Carlton Elementary SchoolGrades: K-5Distance: 0.7 mi
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Estimated market value
$433,200
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Estimated market value
$433,200
- Massachusetts
- Essex County
- Salem
- 01970
- 127 Derby St Unit 1
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