Off market

Zestimate^®

$646,800

5 Derby Sq #1, Salem, MA 01970

2beds

1,754sqft

Condo

Built in 1900

-- sqft lot

$646,800 Zestimate^®

$369/sqft

$3,156 Estimated rent

Home value

$646,800

$608,000 - $692,000

$3,156/mo

Zestimate^® history

Owner options

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$3,156/mo

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$3,156/mo

Rent Zestimate^®

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$4,501/mo

Est. payment

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$4,501/mo

Est. payment

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What's special

This unit is located in the heart of downtown Salem in the c.1817 former home of the Bancroft Tavern. This unique unit has the taverns original fireplace & built in bar. The kitchen boasts stainless appliances, granite counters and spacious bar that seats 6. Large pantry half bath, sauna and laundry complete the lower level. The street level offers two bedroom and large bath with jacuzzi tub. In addition you have a private outdoor patio. Condo fee includes heat and hot water. This fabulous unit is perfect for city lovers.

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced air, Gas

Cooling

Central

Appliances

Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator

Features

Cable Available
Flooring: Carpet, Hardwood
Has fireplace: Yes

Interior area

Total interior livable area: 1,754 sqft

Property

Parking

Total spaces: 1

Features

Exterior features: Brick

Details

Parcel number: SALEM35L0274S801

Construction

Type & style

Home type: Condo

Materials

Frame
Roof: Slate

Condition

Year built: 1900

Community & neighborhood

Location

Region: Salem

HOA & financial

HOA

Has HOA: Yes
HOA fee: $496 monthly

Other

Other facts

Amenities: Shopping, T-Station, Public Transportation, Park
Appliances: Range, Dishwasher, Refrigerator, Disposal
Beach Ownership: Public
Beachfront Flag: Yes
Cooling: Central Air
Flooring: Wood, Wall To Wall Carpet
Heating: Gas, Forced Air
Hot Water: Natural Gas
Mbr Level: First Floor
Utility Connections: For Electric Range, For Electric Oven
Year Round: Yes
Pets Allowed: Yes
Unit Placement: Street, Below Grade
Construction: Brick
Electric Feature: Circuit Breakers
Exterior: Brick
Interior Features: Cable Available
Bth1 Dscrp: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Jacuzzi / Whirlpool Soaking Tub
Bth2 Dscrp: Bathroom - Half
Kit Dscrp: Countertops - Stone/Granite/Solid
Bth1 Level: First Floor
Bed2 Level: First Floor
Insulation Feature: Unknown
Style: Other (see Remarks)
Beach Miles To: 1/2 To 1 Mile
Beach Description: Harbor
Mbr Dscrp: Flooring - Hardwood
Bed2 Dscrp: Flooring - Hardwood
Bth2 Level: Basement
Exterior Unit Features: Patio - Enclosed
Roof Material: Slate
Kit Level: Basement
Din Level: Basement
Fee Interval: Monthly

Price history

Date	Event	Price
6/3/2022	Listing removed	--
Source: MLS PIN #72772468 Report a problem
12/17/2021	Sold	$495,000+2.1%$282/sqft
Source: MLS PIN #72915061 Report a problem
11/6/2021	Contingent	$485,000$277/sqft
Source: MLS PIN #72915061 Report a problem
11/2/2021	Listed for sale	$485,000-3%$277/sqft
Source: MLS PIN #72915061 Report a problem
1/29/2021	Listing removed	--
Source: RE/MAX International Report a problem
1/7/2021	Price change	$499,900-2.9%$285/sqft
Source: RE/MAX 360 #72772468 Report a problem
11/16/2020	Listed for sale	$515,000-4.6%$294/sqft
Source: Owner Report a problem
10/5/2020	Listing removed	$540,000$308/sqft
Source: Owner Report a problem
8/31/2020	Price change	$540,000-2.7%$308/sqft
Source: Keller Williams Realty Boston-Metro ; Back Bay #72718465 Report a problem
6/15/2020	Listed for sale	$555,000+1.1%$316/sqft
Source: Owner Report a problem
12/27/2019	Listing removed	$549,000$313/sqft
Source: Owner Report a problem
12/13/2019	Listed for sale	$549,000+14.4%$313/sqft
Source: Owner Report a problem
6/28/2017	Sold	$480,000+10.6%$274/sqft
Source: Agent Provided Report a problem
3/30/2017	Sold	$434,000-1.1%$247/sqft
Source: Public Record Report a problem
2/3/2017	Pending sale	$439,000$250/sqft
Source: Keller Williams Realty #72088316 Report a problem
11/1/2016	Listed for sale	$439,000+17.1%$250/sqft
Source: Keller Williams Realty #72088316 Report a problem
6/29/2007	Sold	$375,000+11.6%$214/sqft
Source: Public Record Report a problem
5/20/2004	Sold	$336,000+32.3%$192/sqft
Source: Public Record Report a problem
5/28/2002	Sold	$254,000+154%$145/sqft
Source: Public Record Report a problem
6/30/1997	Sold	$100,000$57/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,449 +1.3%	$568,700 +3.8%
2024	$6,368 +3%	$548,000 +10.9%
2023	$6,184	$494,300
2022	$6,184 -5.7%	$494,300 +4%
2021	$6,561 +2.8%	$475,400 +7.7%
2020	$6,380 +1.3%	$441,500 +5.8%
2019	$6,300 +4.9%	$417,200 +6.9%
2018	$6,003 +7.1%	$390,300 +10.5%
2017	$5,603 +8.2%	$353,300 +6.9%
2016	$5,179 +0.7%	$330,500 +5.5%
2015	$5,143 +2.7%	$313,400 +4.7%
2014	$5,006 +8.2%	$299,200 +1%
2012	$4,628 +2.2%	$296,100 -1.6%
2011	$4,529 +1.8%	$300,900 -5.3%
2010	$4,450 +2.4%	$317,600 -5.6%
2009	$4,345 +4.9%	$336,300 -5.3%
2008	$4,144 +12.3%	$355,100 +3.6%
2007	$3,690	$342,600