Step into quintessential Salem living at this bright and airy third-floor condo. Perched on historic Derby Street, this home blends classic charm with modern convenience. Sunlight streams through the windows, illuminating the 9-foot ceilings and open-concept layout. Glimpses of Salem Harbor add a touch of coastal magic. The inviting living room flows into a stunning kitchen with granite countertops, a center island, and stainless-steel appliances. This home offers two spacious bedrooms and a full bath. Enjoy the convenience of in-unit laundry, a covered porch, and a dedicated covered tandem parking space. The included heat in your condo fee adds to the appeal. Situated in the heart of Salem, you're just steps from the vibrant waterfront, renowned museums, eclectic restaurants, and unique shops. Commuting is a breeze with access to the MBTA commuter rail and Boston ferry. The sale is contingent on the seller purchasing an identified property. Please do not park in the driveway.
Sold for $480,000
$480,000
131 Derby St APT 3R, Salem, MA 01970
2beds
823sqft
Condominium
Built in 1900
-- sqft lot
$489,200 Zestimate®
$583/sqft
$2,608 Estimated rent
Home value
$489,200
$445,000 - $533,000
$2,608/mo
Zestimate® history
Owner options
List your home for rent
$2,608/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,608/mo
Rent Zestimate®
Refinance and save
$3,299/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,299/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Covered porchIn-unit laundryOpen-concept layoutBright and airyGranite countertopsCenter islandStainless-steel appliances
Zillow last checked:
Listing updated:
Listed by:
Lisa Biggar 978-578-0023,
LAER Realty Partners 978-777-5509
Bought with:
Diane Mayo
Lamacchia Realty, Inc.
Source: MLS PIN,MLS#: 73426469
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Closet, Flooring - Wood
- Level: Third
- Area: 169
- Dimensions: 13 x 13
Bedroom 2
- Features: Closet, Flooring - Wood
- Level: Third
- Area: 104
- Dimensions: 8 x 13
Primary bathroom
- Features: No
Bathroom 1
- Features: Bathroom - Tiled With Tub & Shower, Flooring - Wood
- Level: Third
- Area: 63
- Dimensions: 7 x 9
Kitchen
- Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded
- Level: Third
- Area: 195
- Dimensions: 13 x 15
Living room
- Features: Ceiling Fan(s), Closet, Flooring - Wood, Exterior Access
- Level: Third
- Area: 210
- Dimensions: 14 x 15
Heating
- Central, Baseboard, Natural Gas, Common
Cooling
- None
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Laundry: Third Floor, In Unit, Washer Hookup
Features
- Flooring: Wood
- Windows: Insulated Windows
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 823
- Total interior livable area: 823 sqft
- Finished area above ground: 823
Property
Parking
- Total spaces: 2
- Parking features: Detached, Carport, Off Street, Tandem, Deeded, Paved
- Garage spaces: 1
- Has carport: Yes
- Uncovered spaces: 1
Features
- Entry location: Unit Placement(Upper)
- Patio & porch: Porch
- Exterior features: Porch
- Has view: Yes
- View description: Water, Harbor
- Has water view: Yes
- Water view: Harbor,Water
Details
- Parcel number: 4553890
- Zoning: B1
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame
- Roof: Rubber
Condition
- Year built: 1900
- Major remodel year: 2005
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, Washer Hookup
Community & neighborhood
Community
- Community features: Shopping, Park
Location
- Region: Salem
HOA & financial
HOA
- HOA fee: $375 monthly
- Services included: Heat, Water, Sewer, Insurance, Security, Snow Removal
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Sold | $480,000+0%$583/sqft |
Source: MLS PIN #73426469 Report a problem | ||
| 11/2/2025 | Contingent | $479,900$583/sqft |
Source: MLS PIN #73426469 Report a problem | ||
| 9/5/2025 | Listed for sale | $479,900+12.9%$583/sqft |
Source: MLS PIN #73426469 Report a problem | ||
| 9/2/2022 | Sold | $425,000+6.3%$516/sqft |
Source: MLS PIN #73003852 Report a problem | ||
| 6/13/2022 | Listed for sale | $399,900+11.1%$486/sqft |
Source: MLS PIN #72996699 Report a problem | ||
| 10/1/2020 | Sold | $360,000+2.9%$437/sqft |
Source: Public Record Report a problem | ||
| 8/29/2020 | Pending sale | $349,900$425/sqft |
Source: RyVal Homes #72710562 Report a problem | ||
| 8/16/2020 | Listed for sale | $349,900+25.9%$425/sqft |
Source: RyVal Homes #72710562 Report a problem | ||
| 5/30/2017 | Sold | $278,000+1.1%$338/sqft |
Source: Public Record Report a problem | ||
| 6/6/2005 | Sold | $274,900$334/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,974 +2.1% | $438,600 +4.6% |
| 2024 | $4,873 +3.1% | $419,400 +11% |
| 2023 | $4,726 | $377,800 |
| 2022 | $4,726 +13% | $377,800 +24.7% |
| 2021 | $4,181 -1.7% | $303,000 +3% |
| 2020 | $4,253 +2.5% | $294,300 +7.1% |
| 2019 | $4,148 +2.9% | $274,700 +4.8% |
| 2018 | $4,033 -2.7% | $262,200 +0.3% |
| 2017 | $4,146 +8% | $261,400 +6.7% |
| 2016 | $3,838 +3.8% | $244,900 +8.7% |
| 2015 | $3,699 -0.3% | $225,400 +1.6% |
| 2014 | $3,711 +7% | $221,800 |
| 2012 | $3,467 +2.2% | $221,800 -1.6% |
| 2011 | $3,392 +5.7% | $225,400 -1.6% |
| 2010 | $3,210 +1.8% | $229,100 -6.1% |
| 2009 | $3,152 +5.8% | $244,000 -4.4% |
| 2008 | $2,979 +5.9% | $255,300 -2.3% |
| 2007 | $2,814 | $261,300 |
Find assessor info on the county website
Neighborhood: 01970
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
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$489,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$489,200
- Massachusetts
- Essex County
- Salem
- 01970
- 131 Derby St Apartment 3R
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Salem Topics
