Dimensions5.083333333 x 9.166666666
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
131 Derby St # F, Salem MA 01970
Salem, MA 01970
$500,000
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Sale Statistics
Sale Overview
Original List Price:
$499,900
Final Sale Price:
$500,000
Difference:
+$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$625
Sale $/sq ft:
$625
This property sold for $625 per square foot
Sale Summary
This property sold for 0.0% above the original asking price, indicating strong buyer demand.
The property spent 50 days on market before selling.
Nearby Sales Comparison
Based on 23 similar properties sold within 0.5 miles in the last 90 days
This Property
$625/sq ft
Area Median
$495/sq ft
Difference
+26.3%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
Experience effortless downtown living at 131 Derby St, Unit 3-Front, ideally located in the heart of Salem’s iconic waterfront district. This stylish 2-bedroom condo places you moments from the Salem Maritime Historic Site, Pickering Wharf, PEM, fine dining, shops, taverns,The Common, and commuter options- the ferry and rail to Boston. Thoughtfully maintained, the home offers a bright open layout w/ 9’ ceilings, hardwood floors, granite countertops, stainless steel appliances including a new dishwasher, and a generous kitchen island w/ seating for 3-4. Enjoy the rare luxury of your own private covered deck-perfect for relaxing, entertaining, or electric grilling. Additional highlights include in-unit laundry, custom Hunter Douglas blinds w/ blackout shades in the primary bedroom, & exceptional storage w/ an oversized basement space. 2-car tandem covered parking adds unbeatable convenience rarely found downtown. Pet-friendly building. Fully renovated in 2005 and truly move-in ready.
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Recently Sold Nearby
Property History
Market Insights
0%
Price Range
161
Total Days on Market
Property Timeline
Sold
Apr 6, 2026
$500,000
Property sold
Days on Market: 161
Status: Active under contract
Mar 8, 2026
Active → Active Under Contract
Pending Sale
Mar 3, 2026
Offer accepted, sale pending
Listed for Sale
Jan 21, 2026
$499,900
Original listing
Agent: The Lopes Group
Office: J. Barrett & Company
Listed for Sale
Jan 21, 2026
$499,900
Original listing
Agent: The Lopes Group
Office: J. Barrett & Company
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/06/2026 | ✓ Sold | $500,000 | - | - | Property sold |
| 03/08/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/03/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 01/21/2026 | 🏠 Listed for Sale | $499,900 | - | - | Original listing |
| 01/21/2026 | 🏠 Listed for Sale | $499,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,825 | $425,500 |
Financial Details
Annual Property Tax
$4,825
Tax Year 2025
HOA Fee
$375
Monthly
Assessed Value
$425,500
Facts & Features
2 Car Garage
Home Facts
Type
Residential
Style
Condominium
Year Built
1912
Living Area
800 sq ft
Lot Size
0.23 acres
Bedrooms
2
Full Baths
1
Total Rooms
4
Interior
Heating
Baseboard, Natural Gas
Cooling
Window Unit(s)
Flooring
Tile, Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
Features
Storage
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Deck
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Garage Spaces
2
Has Garage
Yes
Features
Detached, Carport, Assigned, Off Street, Tandem, Paved, Exclusive Parking
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$4,825
Assessed Value
$425,500
HOA & Community
HOA Fee
$375 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities
None
Optional Fee Includes
None
Pets
Yes
MA Disclosures
Seller Disclosures
Seller/sellers Agents Make No Warranties/representations, Buyer/buyers Agent To Do Own Due Diligence. Sold As-is Condition. Appliances Left As Gifts. Rm Size Approximate. Yr Built Listed As 1912 Based On Historic Salem Inc. Plaque On Property, Public Record Reflects 1900. Condo Fee Includes Heat.
Exclusions
Electric Grill On Deck
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["2\/3 Family"]
Unit/Building
3 F
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs (3)
County
Essex
Total market time (incl. prior listings)
161 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1912
Bedrooms
2
Full Bathrooms
1
Living Area
800 sq ft
Total Rooms
4
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
800 sq ft above grade
Dimensions14.166666666 x 19.75
FeaturesFlooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Lighting - Overhead
LevelFirst
Dimensions8.75 x 14.416666666
FeaturesCeiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
LevelFirst
Dimensions12.666666666 x 16.333333333
FeaturesCeiling Fan(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Overhead
LevelFirst
Dimensions12.333333333 x 12.583333333
FeaturesCeiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
LevelFirst
FeaturesNo
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Storage
Windows:
Insulated Windows
Basement:
Y
Laundry:
Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:
Intercom
Construction & Materials
Year Built:
1912
Effective Year (Renovated):
2005
Structure Type:
2/3 Family
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Cooling:
Window Unit(s)
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
Garage Spaces:
2
Total Parking Spaces:
2
Parking Features:
Detached, Carport, Assigned, Off Street, Tandem, Paved, Exclusive Parking
Nearby Schools
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
Elementary Schools
9 schools
The Phoenix School
1.3 mi
Grades PK-08
The Greenhouse School
1.7 mi
Grades PK-08
C+
Bentley Academy Innovation School
0.6 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.6 mi
106 students
Diverse
Diverse Student Body
Grades PK
B-
Saltonstall School
0.6 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
B-
Carlton School
0.8 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B+
Bates School
1.4 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C-
Horace Mann Laboratory School
1.6 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.8 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
1 school
C+
Collins Middle School
1.1 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
0.4 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
1.7 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 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 St # F, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
The Lopes Group
Listing Office
J. Barrett & Company
Office Phone
978-922-3683
Agent MLS ID
TM326374
Office MLS ID
AC2087
Listing Data Updated
Apr 6, 2026 12:32 PM 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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