Experience effortless downtown living at 131 Derby St, Unit 3-Front, ideally located in the heart of Salem’s iconic waterfront district. This stylish 2-bedroom condo places you moments from the Salem Maritime Historic Site, Pickering Wharf, PEM, fine dining, shops, taverns,The Common, and commuter options- the ferry and rail to Boston. Thoughtfully maintained, the home offers a bright open layout w/ 9’ ceilings, hardwood floors, granite countertops, stainless steel appliances including a new dishwasher, and a generous kitchen island w/ seating for 3-4. Enjoy the rare luxury of your own private covered deck-perfect for relaxing, entertaining, or electric grilling. Additional highlights include in-unit laundry, custom Hunter Douglas blinds w/ blackout shades in the primary bedroom, & exceptional storage w/ an oversized basement space. 2-car tandem covered parking adds unbeatable convenience rarely found downtown. Pet-friendly building. Fully renovated in 2005 and truly move-in ready.
Sold for $500,000
Zestimate®
$500,000
131 Derby St APT 3F, Salem, MA 01970
2beds
800sqft
Condominium
Built in 1912
-- sqft lot
$500,000 Zestimate®
$625/sqft
$2,760 Estimated rent
Home value
$500,000
$460,000 - $545,000
$2,760/mo
Zestimate® history
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$3,475/mo
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Est. payment
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List your homeWhat's special
Private covered deckIn-unit laundryBright open layoutHardwood floorsGranite countertopsStainless steel appliancesNew dishwasher
Zillow last checked:
Listing updated:
Listed by:
The Lopes Group 617-835-2394,
J. Barrett & Company 978-922-3683
Bought with:
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
Source: MLS PIN,MLS#: 73470335
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
- Level: First
- Area: 155.19
- Dimensions: 12.33 x 12.58
Bedroom 2
- Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
- Level: First
- Area: 126.15
- Dimensions: 8.75 x 14.42
Primary bathroom
- Features: No
Bathroom 1
- Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
- Level: First
- Area: 46.6
- Dimensions: 5.08 x 9.17
Kitchen
- Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Lighting - Overhead
- Level: First
- Area: 279.79
- Dimensions: 14.17 x 19.75
Living room
- Features: Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Overhead
- Level: First
- Area: 206.89
- Dimensions: 12.67 x 16.33
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Laundry: Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
Features
- Storage
- Flooring: Tile, Hardwood
- Doors: Insulated Doors
- Windows: Insulated Windows
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
- Finished area above ground: 800
Property
Parking
- Total spaces: 2
- Parking features: Detached, Carport, Assigned, Off Street, Tandem, Paved, Exclusive Parking
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Entry location: Unit Placement(Upper)
- Patio & porch: Deck
- Exterior features: Deck
- Waterfront features: Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 10,088 Square Feet
Details
- Parcel number: M:41 L:0316 S:805,4542035
- Zoning: B1
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame
- Roof: Rubber
Condition
- Year built: 1912
- Major remodel year: 2005
Utilities & green energy
- Electric: Circuit Breakers
- 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, House of Worship, Marina, Public School, T-Station, University
- Security: Intercom
HOA
- Services included: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
- HOA fee: $375 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $625/sqft
- Tax assessed value: $425,500
- Annual tax amount: $4,825
- Date on market: 2/14/2026
- Listing terms: Contract
- Exclusions: Electric Grill On Deck
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $500,000+0%$625/sqft |
Source: MLS PIN #73470335 Report a problem | ||
| 3/8/2026 | Contingent | $499,900$625/sqft |
Source: MLS PIN #73470335 Report a problem | ||
| 1/21/2026 | Listed for sale | $499,900-3.8%$625/sqft |
Source: MLS PIN #73470335 Report a problem | ||
| 12/8/2025 | Listing removed | $519,900$650/sqft |
Source: MLS PIN #73419934 Report a problem | ||
| 10/1/2025 | Price change | $519,900-2.8%$650/sqft |
Source: MLS PIN #73419934 Report a problem | ||
| 8/20/2025 | Listed for sale | $534,900+97.8%$669/sqft |
Source: MLS PIN #73419934 Report a problem | ||
| 6/1/2005 | Sold | $270,400$338/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,825 +2.1% | $425,500 +4.6% |
| 2024 | $4,725 +3.5% | $406,600 +11.5% |
| 2023 | $4,564 | $364,800 |
| 2022 | $4,564 +11.8% | $364,800 +23.4% |
| 2021 | $4,081 -1.7% | $295,700 +2.9% |
| 2020 | $4,151 +2.5% | $287,300 +7.1% |
| 2019 | $4,051 +2.9% | $268,300 +4.8% |
| 2018 | $3,937 -2.7% | $256,000 +0.3% |
| 2017 | $4,047 +8% | $255,200 +6.7% |
| 2016 | $3,748 +3.8% | $239,200 +8.7% |
| 2015 | $3,612 -0.3% | $220,100 +1.6% |
| 2014 | $3,624 +7.1% | $216,600 |
| 2012 | $3,385 +2.2% | $216,600 -1.6% |
| 2011 | $3,313 +5.7% | $220,100 -1.6% |
| 2010 | $3,134 +1.8% | $223,700 -6.1% |
| 2009 | $3,079 +5.8% | $238,300 -4.4% |
| 2008 | $2,909 +5.9% | $249,300 -2.3% |
| 2007 | $2,747 | $255,100 |
Find assessor info on the county website
Neighborhood: 01970
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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
$500,000
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Estimated market value
$500,000
- Massachusetts
- Essex County
- Salem
- 01970
- 131 Derby St Apartment 3F
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