131 Derby St. #3R, Salem, MA 01970 - Photo 1

1/1

$480,000

Sold
Closed
Condo
2 Beds
1 Full Bath
823 Sq. Ft.
1 Car Garage

1/1

Property Description

Step into quintessential Salem living at this bright and airy third-floor condo. Perched on historic Derby Street, this home blends classic charm with modern convenience. Sunlight streams through the windows, illuminating the 9-foot ceilings and open-concept layout. Glimpses of Salem Harbor add a touch of coastal magic. The inviting living room flows into a stunning kitchen with granite countertops, a center island, and stainless-steel appliances. This home offers two spacious bedrooms and a full bath. Enjoy the convenience of in-unit laundry, a covered porch, and a dedicated covered tandem parking space. The included heat in your condo fee adds to the appeal. Situated in the heart of Salem, you're just steps from the vibrant waterfront, renowned museums, eclectic restaurants, and unique shops. Commuting is a breeze with access to the MBTA commuter rail and Boston ferry. The sale is contingent on the seller purchasing an identified property. Please do not park in the driveway.

Full Property Details

Full Property Details for 131 Derby St #3R

General

Sold For: $480,000
HOA FEE: $375/month
Taxes: $4,974 (2025)
Status: Closed
Type: Condo
MLS ID: 73426469
Added to Site: 135 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Bathroom 1: 7.00 x 9.00, Third

Bedrooms

Total Bedrooms: 2
Primary Bedroom: 13.00 x 13.00, Third
Bedroom 2: 8.00 x 13.00, Third

Other Rooms

Living Room: 14.00 x 15.00, Third
Kitchen: 13.00 x 15.00, Third

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Detached, Carport, Off Street, Tandem, Deeded, Paved

Location

County: Essex

Structural Information

Basement: Yes
Stories/Levels: 1
Square Feet: 823
Year Built: 1900

Financial Considerations

Association Fee: $375
Tax Amount: $4,974
Tax Year: 2025

Disclosures and Reports

Exclusions: All Sellers Personal Property
Disclosures/Rstr.: Sale contingent on the seller purchasing an identified property;Property is in Salem Derby St. Historic District; Buyer & Buyer Agent to perform their own due
Property ID: 4553890

Listed by LAER Realty Partners, Lisa Biggar
Sold by Lamacchia Realty, Inc., Diane Mayo

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Listing agent

— 131 Derby St #3R —

Lisa Biggar

LAER Realty Partners

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Schools

Schools serving 131 Derby St #3R

School District:Salem School District, Salem, MA

Name	Grades	Distance
Saltonstall School 211 Lafayette Street, Salem, MA 01970	K-8	0.7 mi
Carlton Elementary School 10 Skerry Street, Salem, MA 01970	K-5	0.7 mi
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970	K-5	1.4 mi
Collins Middle School 29 Highland Avenue, Salem, MA 01970	6-8	1.1 mi
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970	9-12	1.7 mi
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970	K-5	1.6 mi
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970	K-5	1.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 131 Derby St #3R

Date

Details

Price

Change

Source

12/16/2025

Sold

$480,000

0.02%

MLS

9/04/2025

Listed

$479,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 2 days ago

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Beds
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Total Baths
2,016
Sq. Ft.

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Acres

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Beds
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Townhouse
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3
Beds
1
Total Bath
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Sq. Ft.

Sold

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2
Beds
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Total Baths
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Sold

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2
Beds
1
Total Bath
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Sq. Ft.

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2
Beds
1
Total Bath
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Sq. Ft.

131 Derby St. #3R, Salem, MA 01970 (MLS# 73426469) is a Condo property that was sold at $480,000 on December 16, 2025. Want to learn more about 131 Derby St. #3R? Do you have questions about finding other Condo real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

131 Derby St #3R Salem, MA 01970