145 Derby Street # 3, Salem MA 01970

Salem, MA 01970
$845,000
Est. $4,497/month
3
Beds
3.5
Baths
1,463
Sq Ft
$578
Price/Sq Ft
2024
Year Built
Condominium
Type
228
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73235274

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, while designer bathrooms provide sleek fixtures and spa-like finishes. A private rooftop deck on the top floor provides stunning views and an ideal setting for relaxation. Just steps from the waterfront, shops, restaurants, and iconic landmarks, this condo community includes secured entry, with both garage and dedicated parking, and additional storage. Experience the best of Salem's charm and culture right at your doorstep!

Sale Statistics

Sale Overview
Original List Price: $1,015,000
Final Sale Price: $845,000
Difference: $170,000 (-16.7%)
Performance Metrics
83.3%
List to Sale Ratio
Sold below asking price
228
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $694
Sale $/sq ft: $578
This property sold for $578 per square foot
Sale Summary

This property sold for 16.7% below the original asking price.

At 228 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2024
Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Living Area
1,463 sq ft
Total Rooms
6
Stories
3
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, Dishwasher, Microwave, Range, Refrigerator, Range Hood
Laundry Features
In Unit
Basement Details
Y
Window Features
Insulated Windows, Screens
Door Features
Insulated Doors
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Roof
Rubber, Other
Exterior Features
Deck - Roof + Access Rights, Decorative Lighting, City View(s), Screens, Rain Gutters, Professional Landscaping
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
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Attached, Garage Door Opener, Deeded, Off Street, Paved, Exclusive Parking
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Walk/Jog Trails, T-Station
HOA Fee
$361
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$0
Tax Year
2024
Tax Assessed Value
$0
Parcel Number
2138141
Zoning
o

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. taxes TBD

Location

Loading map...

Neighborhood

145 Derby Street # 3, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
HOA Fee $361
PMI $0

Property History

Market Insights

0.6%
Price Range
180
Total Days on Market

Property Timeline

Sold
Jan 31, 2025
$845,000
Property sold
Days on Market: 180
🏠
Listed for Sale
May 8, 2024
$849,900
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 $849,900

Market Statistics

Days on Market
228 days
Price per Sq Ft
$578

Tax History

Year Taxes Assessment
2024 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2024
HOA Fee
$361
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

Similar Homes

145 Derby Street # 3, Salem MA 01970 - Photo 1 145 Derby Street # 3, Salem MA 01970 - Photo 2 145 Derby Street # 3, Salem MA 01970 - Photo 3 145 Derby Street # 3, Salem MA 01970 - Photo 4 145 Derby Street # 3, Salem MA 01970 - Photo 5 145 Derby Street # 3, Salem MA 01970 - Photo 6 145 Derby Street # 3, Salem MA 01970 - Photo 7 145 Derby Street # 3, Salem MA 01970 - Photo 8 145 Derby Street # 3, Salem MA 01970 - Photo 9 145 Derby Street # 3, Salem MA 01970 - Photo 10 145 Derby Street # 3, Salem MA 01970 - Photo 11 145 Derby Street # 3, Salem MA 01970 - Photo 12 145 Derby Street # 3, Salem MA 01970 - Photo 13 145 Derby Street # 3, Salem MA 01970 - Photo 14 145 Derby Street # 3, Salem MA 01970 - Photo 15 145 Derby Street # 3, Salem MA 01970 - Photo 16 145 Derby Street # 3, Salem MA 01970 - Photo 17 145 Derby Street # 3, Salem MA 01970 - Photo 18 145 Derby Street # 3, Salem MA 01970 - Photo 19 145 Derby Street # 3, Salem MA 01970 - Photo 20 145 Derby Street # 3, Salem MA 01970 - Photo 21 145 Derby Street # 3, Salem MA 01970 - Photo 22 145 Derby Street # 3, Salem MA 01970 - Photo 23 145 Derby Street # 3, Salem MA 01970 - Photo 24 145 Derby Street # 3, Salem MA 01970 - Photo 25 145 Derby Street # 3, Salem MA 01970 - Photo 26 145 Derby Street # 3, Salem MA 01970 - Photo 27 145 Derby Street # 3, Salem MA 01970 - Photo 28 145 Derby Street # 3, Salem MA 01970 - Photo 29 145 Derby Street # 3, Salem MA 01970 - Photo 30 145 Derby Street # 3, Salem MA 01970 - Photo 31

Contact Agent

Schedule a Tour