143 Derby Street # 2, Salem MA 01970

Salem, MA 01970
$875,000
Est. $4,657/month
2
Beds
2.5
Baths
1,535
Sq Ft
$570
Price/Sq Ft
2024
Year Built
Condominium
Type
52
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73235273

About this home

Located on Derby Street in historic Salem, MA, this beautifully appointed condominium offers modern living in a prime downtown location. The sunlit, open concept living space boasts hardwood floors and high ceilings, leading to a gourmet kitchen with stainless steel appliances, quartz countertops, and ample cabinetry. Spacious bedrooms feature generous closet space, and the primary bedroom has a private walk-out exclusive deck, perfect for enjoying the fresh air and views. Designer bathrooms provide sleek fixtures and spa-like finishes off both bedrooms. Just steps from the waterfront, shops, restaurants, landmarks, this home has an attached 2 car garage. Experience the best of Salem's charm and culture right at your doorstep! Exclusive ROOFTOP DECK.

Sale Statistics

Sale Overview
Original List Price: $939,000
Final Sale Price: $875,000
Difference: $64,000 (-6.8%)
Performance Metrics
93.2%
List to Sale Ratio
Sold below asking price
52
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $612
Sale $/sq ft: $570
This property sold for $570 per square foot
Sale Summary

This property sold for 6.8% below the original asking price.

The property spent 52 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2024
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,535 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Interior Features

Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Oven, Microwave, Range, Refrigerator
Laundry Features
Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Shingle, Other
Exterior Features
Deck - Roof + Access Rights, City View(s)
Patio/Porch Features
Deck - Roof + Access Rights
Has Spa
No
View
City
Has View
Yes
Waterfront Features
Ocean, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Parking Features
Attached, Garage Door Opener, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Walk/Jog Trails, T-Station
HOA Fee
$303
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$0
Tax Year
2024
Tax Assessed Value
$0
Parcel Number
4078602

Additional Details

Year Built Source
Builder
Year Built Details
Actual
Building Name
143-145 Derby Street Condominium
Common Walls
End Unit
Disclosures
Draft docs on paperclip

Location

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Neighborhood

143 Derby Street # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
HOA Fee $303
PMI $0

Property History

Market Insights

2.7%
Price Range
54
Total Days on Market

Property Timeline

Sold
Aug 1, 2024
$875,000
Property sold
Days on Market: 54
🏠
Listed for Sale
May 8, 2024
$899,000
Original listing
Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Price & Status History

Date Event Price Change
May 8, 2024 New Listing Added $899,000

Market Statistics

Days on Market
52 days
Price per Sq Ft
$570

Tax History

Year Taxes Assessment
2024 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2024
HOA Fee
$303
Monthly
Assessed Value
$0

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Herrick Lutts Realty Partners
Agent MLS ID TM312527
Office MLS ID AN6507

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