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96 Derby Street # 1, Salem MA 01970

Salem, MA 01970
$250,000
Est. $2,010/month
2
Beds
1.5
Baths
971
Sq Ft
$257
Price/Sq Ft
1900
Year Built
11
Days on Market
Closed Listed May 16, 2019 • MLS# 72501197 Copied!

About this home

Location, Location, Location! This great home is nestled in Salem’s historic Derby Wharf area being just a block from the water. This 2 bedroom, 1.5 bath home has so much to offer the next owner. From the moment you walk through the door you will fall in love with this home’s historic charm while loving the fresh paint throughout, white Kitchen and Stainless Steel Appliances. Don’t miss the spacious rooms, hardwood floors and high ceilings. Other great features of this awesome condo are the private entrance, short walk to the train, ferry and neighborhood restaurants and shops. Additional storage and a pet friendly association round out this spectacular deal. OPEN HOUSE SATURDAY & SUNDAY (5/18 & 5/19) FROM 1 TO 3PM.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
971 sq ft
Total Rooms
4
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $259,900
Final Sale Price: $250,000
Difference: $9,900 (-3.8%)
Performance Metrics
96.2%
List to Sale Ratio
Sold below asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $268
Sale $/sq ft: $257
This property sold for $257 per square foot
Sale Summary

This property sold for 3.8% below the original asking price.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$257/sq ft
Area Average
$345/sq ft
Difference
25.6%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 971 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,716
Assessed Value $246,100

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security:

Construction & Materials

Year Built: 1900
Structure Type: Garden
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

96 Derby Street # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $310
Homeowners Insurance $200
HOA Fee $236/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

39.8%
Price Range
13
Total Days on Market

Property Timeline

Current Active Listing - MLS #73494515
Full transaction history available when tracking began
🏡
Currently Listed
Apr 1, 2026
$415,000
MLS #73494515 - Active
Sold
Jun 28, 2019
$250,000
Property sold
Days on Market: 13
🏠
Listed for Sale
May 16, 2019
$259,900
Original listing
Agent: Chubb Homes Team Office: eXp Realty

Price & Status History

Date Event Price Change
Jun 27, 2026 Sold $415,000
May 16, 2019 New Listing Added $259,900

Market Statistics

Days on Market
11 days
Price per Sq Ft
$257

Tax History

Year Taxes Assessment
2019 $3,716 $246,100

Financial Details

Annual Property Tax
$3,716
Tax Year 2019
HOA Fee
$236
Monthly
Assessed Value
$246,100

Listing Information

Agent MLS ID TM321203
Office MLS ID AN4664
Listing Data Updated Jul 12, 2019 9:47 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

96 Derby Street # 1, Salem MA 01970 - Photo 1 96 Derby Street # 1, Salem MA 01970 - Photo 2 96 Derby Street # 1, Salem MA 01970 - Photo 3 96 Derby Street # 1, Salem MA 01970 - Photo 4 96 Derby Street # 1, Salem MA 01970 - Photo 5 96 Derby Street # 1, Salem MA 01970 - Photo 6 96 Derby Street # 1, Salem MA 01970 - Photo 7 96 Derby Street # 1, Salem MA 01970 - Photo 8 96 Derby Street # 1, Salem MA 01970 - Photo 9
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