131 Derby St # 1R, Salem MA 01970

Salem, MA 01970

$362,000

2

Beds

1

Baths

813

Sq Ft

$445

Price/Sq Ft

0.23

Acres

1900

Year Built

Condominium

Type

26

Days on Market

Sold Listed Dec 14, 2020 • MLS# 72766901 Copied! • Updated Feb 2, 2021

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview

Original List Price: $329,900

                            Final Sale Price:
                            $362,000
                        

Difference: +$32,100 (+9.7%)

Performance Metrics

109.7%

List to Sale Ratio

Sold above asking price

26

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $406

                            Sale $/sq ft:
                            $445
                        

This property sold for $445 per square foot

Sale Summary

This property sold for 9.7% above the original asking price, indicating strong buyer demand.

With only 26 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 24 similar properties sold within 0.5 miles in the last 90 days

This Property

$445/sq ft

Area Median

$476/sq ft

Difference

6.5%

This property sold near the area median for similar homes.

About this home

Nestled in the heart of Salem, and nearby many landmarks and local establishments, you'll find this lovely condo that's ready for new ownership. Located just off Salem Harbor this first level unit has gorgeous dark hardwoods and tall ceilings. Modern wall colors, as well as the updated kitchen and large windows makes for a cheery and cozy living space. The expansive kitchen features granite countertops, island, stainless appliances, gas range and a multitude of cabinet space. The open floor plan flows directly into the living room that enjoys great late afternoon sun exposure. The bedrooms are well-proportioned with ample closet space. A full bath, with tub/shower rounds out the space. Laundry hook-ups in the unit are available as well as separate private hook-ups in your basement storage space. Close proximity to Salem Common, the Peabody Essex Museum, and an array of unique local shops makes this home a fantastic choice!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

42.5%

Price Range

28

Total Days on Market

1

Previous Sales

Property Timeline

Current Active Listing - MLS #73579110

Full transaction history available when tracking began

🏡

Currently Listed

Sep 17, 2026

$469,900

MLS #73579110 - Active

View Listing →

✓

Sold

Jan 29, 2021

$362,000

Property sold

Days on Market: 28

🏠

Listed for Sale

Dec 14, 2020

$329,900

Original listing

Agent: Chinatti Realty Group Office: Pathways

Previous Transaction - MLS #71996107

Full transaction history available when tracking began

🏷️

Previously Sold

Aug 12, 2016

$270,000

MLS #71996107

View Listing →

Date	Event	Price	Change	$/sqft	Details
09/17/2026	🏡 Currently Listed	$469,900	-	-	MLS #73579110 - Active
01/29/2021	✓ Sold	$362,000	-	-	Property sold
12/14/2020	🏠 Listed for Sale	$329,900	-	-	Original listing
08/12/2016	🏷️ Previously Sold	$270,000	-	-	MLS #71996107

Tax History

Year	Taxes	Assessment
2020	$4,086	$282,800

Financial Details

Annual Property Tax

$4,086

Tax Year 2020

HOA Fee

$300

Monthly

Assessed Value

$282,800

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 813 sq ft

Lot Size 0.23 acres

Bedrooms 2

Full Baths 1

Total Rooms 4

Interior

Heating Baseboard, Natural Gas

Cooling None

Flooring Tile, Hardwood

Appliances Range, Dishwasher, Microwave, Refrigerator

Fireplace None

Basement N

Laundry In Basement, In Building, In Unit, Electric Dryer Hookup, Washer Hookup

Features None

Exterior

Construction None

Architecture None

Roof None

Features Porch

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Features None

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,086

Assessed Value $282,800

HOA & Community

HOA Fee $300 Monthly

Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["2\/3 Family"]

Unit/Building 1R

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 28 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1900

Bedrooms

2

Full Bathrooms

1

Living Area

813 sq ft

Total Rooms

4

Stories

1

Entry Level

1

Main Level Bedrooms

2

Floor Layout

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Microwave, Refrigerator

Interior Features:

Windows: Insulated Windows

Basement: N

Laundry: In Basement, In Building, In Unit, Electric Dryer Hookup, Washer Hookup

Security: Intercom

Construction & Materials

Year Built: 1900

Structure Type: 2/3 Family

Exterior Materials:

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

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Location

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Neighborhood

131 Derby St # 1R, Salem MA 01970

Salem, MA 01970

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