131 Derby Street # 1R, Salem MA 01970

Salem, MA 01970
$270,000
2
Beds
1
Baths
813
Sq Ft
$332
Price/Sq Ft
1900
Year Built
5
Days on Market
Sold Listed Apr 28, 2016 • MLS# 71996107 Copied! • Updated Aug 20, 2016

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Sale Statistics

Sale Overview
Original List Price: $269,900
Final Sale Price: $270,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $332
Sale $/sq ft: $332
This property sold for $332 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

With only 5 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
$332/sq ft
Area Median
$476/sq ft
Difference
30.2%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Beautiful unit in Downtown Location. 1st floor ~ 1-level-living tucked at back of the building with private deck. Ultra modern gourmet kitchen is a chef's delight featuring large island with breakfast bar seating, granite counters and SS appliances. HW floors throughout designer color-tones, ceiling fans, 2 spacious bedrooms, large closet space and modern bath. Bonus: big walk-in storage room with private W/D. This newer conversion includes electric, plumbing, heating system, sprinkler system, intercom, pet-friendly with on-street parking. First Showings at Open House May 1st ~ 12:30 - 1:30 p.m.

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Recently Sold Nearby

Property History

Market Insights

42.6%
Price Range
96
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
Previous Transaction - MLS #72766901
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 29, 2021
$362,000
MLS #72766901
Sold
Aug 12, 2016
$270,000
Property sold
Days on Market: 96
🏠
Listed for Sale
Apr 28, 2016
$269,900
Original listing
Agent: Shirley Burke Office: Coldwell Banker Residential Brokerage - Salem

Tax History

Year Taxes Assessment
2016 $3,686 $235,200

Financial Details

Annual Property Tax
$3,686
Tax Year 2016
HOA Fee
$200
Monthly
Assessed Value
$235,200

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 813 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Wood
Appliances None
Fireplace None
Basement Y
Laundry In Basement, In Building
Features Living/dining Rm Combo

Exterior

Construction Frame
Architecture None
Roof None
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features On Street
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,686
Assessed Value $235,200

HOA & Community

HOA Fee $200 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Snow Removal
Amenities None
Optional Fee Includes None
Owner-Occupied Units 6
Pets Yes w/ Restrictions
Seller Disclosures Seller Does Not Reside At Condo.
Possession None
Accepted Financing Other (see Remarks)
Structure Type ["2\/3 Family"]
Unit/Building 1R
Sq Ft Source Field Card
Documents None
County Essex
Total market time (incl. prior listings) 96 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

Floor Layout

Interior Features

Flooring: Wood
Appliances:
Interior Features: Living/Dining Rm Combo
Windows:
Basement: Y
Laundry: In Basement, In Building
Security: Security System

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2005
Structure Type: 2/3 Family
Exterior Materials: Frame
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: Deck
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: On Street
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
1.3 mi
Grades PK-08
The Greenhouse School
1.8 mi
Grades PK-08
C+
Bentley Academy Innovation School
0.5 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.5 mi
107 students Diverse
Diverse Student Body
Grades PK
C+
Saltonstall School
0.7 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
B-
Carlton School
0.7 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
1.4 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
C
Horace Mann Laboratory School
1.6 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.8 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

1 school
B-
Collins Middle School
1.2 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.4 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.7 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

131 Derby Street # 1R, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Shirley Burke
Listing Office Coldwell Banker Residential Brokerage - Salem
Office Phone 978-741-4404
Agent MLS ID C6407070
Office MLS ID C99300
Listing Data Updated Aug 20, 2016 11:40 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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