131 Derby St, Unit 3F

$519,900
Price
2
Beds
800 Sq. Ft.
$650 / Sq. Ft.
800
Sq. Ft.
$650
per Sq. Ft.

Description

Live your best life in the heart of Salem’s vibrant & historic Derby St neighborhood. Just steps from the waterfront, Salem Maritime Historic site, fine dining, taverns, shops, the PEM, Pickering Wharf, The Common, House of Seven Gables, & the ferry & commuter rail to Boston. This meticulously maintained 2BR condo blends modern comfort w/ the ultimate downtown lifestyle. Enjoy exclusive access to your own private covered deck, perfect for relaxing, entertaining, or grilling w/ an electric setup....Live your best life in the heart of Salem’s vibrant & historic Derby St neighborhood. Just steps from the waterfront, Salem Maritime Historic site, fine dining, taverns, shops, the PEM, Pickering Wharf, The Common, House of Seven Gables, & the ferry & commuter rail to Boston. This meticulously maintained 2BR condo blends modern comfort w/ the ultimate downtown lifestyle. Enjoy exclusive access to your own private covered deck, perfect for relaxing, entertaining, or grilling w/ an electric setup. Inside, the open-concept features 9' ceilings, hardwood flrs, granite counters, SS appliances (incl. new DW), a kitchen island that seats 3–4, in-unit laundry. Custom Hunter Douglas blinds, including blackout blinds in the primary BR. Two-car tandem covered parking & a rare, oversized storage space in the basement provide the convenience most downtown homes can't offer. Pet-friendly building. Completely renovated in 2005 & move-in ready!

Property Details for 131 Derby Street, Unit 3F

Town
Salem
Area
MA-Salem
Style
2/3 Family
Garage Spaces
2
Parking Spaces
.00
Parking Spaces Total
2
Unit Placement
Upper
LISTING UPDATED: 11/19/2025 12:59 PM

Property Details for 131 Derby Street, Unit 3F

StatusActive
MLS #73419934
Days on Market106
Taxes$4,825 / year
HOA Fees$375 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built1912
CountyEssex County

Location

Listing Courtesy of J. Barrett & Company, The Lopes Group
Add your commute

Building Information for 131 Derby Street, Unit 3F

Building/ComplexRenaissance Condominium At 131 Derby StFloor3Stories1Residences8Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built1912

Payment Calculator

$3,346 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,569

Property Taxes

$402

HOA Dues

$375

The Payment Calculator is for illustrative purposes only.

Property Information for 131 Derby Street, Unit 3F

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
  • Living Area: 800.0
  • SqFt with Basement: No
  • Total Units: 8
  • Type of Condo: Condo
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Converted: 2005
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: Y
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • Interior Features: Storage
  • Interior Features: Intercom, Window AC
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Primary Bath: No
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Entry Location: Upper
  • Exterior Features: Deck
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof Material: Rubber
  • Structure Type: 2/3 Family
  • Waterfront Features: Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Attached Garage: No
  • Carport: Yes
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Detached, Carport, Assigned, Off-Street, Tandem, Paved Driveway, Exclusive Parking
  • Open Parking: Yes
  • Parking Features: Detached, Carport, Assigned, Off-Street, Tandem, Paved Driveway, Exclusive Parking
  • Parking Features: Assigned, Off-Street, Tandem, Paved Driveway, Exclusive Parking
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 155.194444444
  • Room Primary Bedroom Features: Ceiling Fan(s),Closet,Flooring - Hardwood,Lighting - Overhead
  • Room Primary Bedroom Length: 12.333333333
  • Primary Bedroom Level: First Floor
  • Room Primary Bedroom Width: 12.583333333
Bedroom 2
  • Bedroom2 Area: 126.145833333
  • Bedroom2 Features: Ceiling Fan(s),Closet,Flooring - Hardwood,Lighting - Overhead
  • Bedroom2 Length: 8.75
  • Bedroom2 Level: First
  • Bedroom2 Width: 14.416666666
Bathroom 1
  • Bathroom1 Area: 46.597222222
  • Bathroom1 Features: Bathroom - Full,Bathroom - Tiled With Tub & Shower,Flooring - Stone/Ceramic Tile
  • Bathroom1 Length: 5.083333333
  • Bathroom1 Level: First
  • Bathroom1 Width: 9.166666666
Kitchen
  • Kitchen Area: 279.791666666
  • Kitchen Features: Flooring - Hardwood,Countertops - Stone/Granite/Solid,Stainless Steel Appliances,Lighting - Overhead
  • Kitchen Length: 14.166666666
  • Kitchen Level: First
  • Kitchen Width: 19.75
Living Room
  • Room Living Room Area: 206.888888888
  • Room Living Room Features: Ceiling Fan(s),Flooring - Hardwood,Deck - Exterior,Exterior Access,Open Floorplan,Lighting - Overhead
  • Room Living Room Length: 12.666666666
  • Room Living Room Level: First
  • Room Living Room Width: 16.333333333
Property Information
Property Info
  • Year Round: Yes
  • Documents Available: Master Deed, Unit Deed, Rules & Regs
  • Documents Count: 3
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Seller/seller's agents make no warranties/representations,buyer/buyer's 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.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:41 L:0316 S:805,4542254
  • Assessments: $425,500
  • Book: 24371
  • Tax Year: 2025
  • Zoning: B1
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 1
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
  • Complex Name: Renaissance Condominium At 131 Derby St
  • Complex Complete: Yes
  • Management: Owner Association
  • Association Security: Intercom
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 3F
  • Unit Floor Level Integer: 3.0

Property History for 131 Derby Street, Unit 3F

DateEvent & SourcePriceAppreciation
Oct 1, 2025

Price Change

MLS PIN #73419934

$519,900
Aug 20, 2025

Listed (Active)

MLS PIN #73419934

$534,900
Jun 1, 2005

Sold (Public Record)

Public Record #161027529

$270,400
Jun 1, 2005

Sold

MLS PIN #70143509

$267,000
Feb 15, 2005

Under Agreement

MLS PIN #70143509

Feb 15, 2005

Contingent

MLS PIN #70143509

Feb 8, 2005

Listed (Active)

MLS PIN #70143509

$267,000
DateEvent & SourcePrice
10/01/2025

Price Change

MLS PIN #73419934

$519,900
08/20/2025

Listed (Active)

MLS PIN #73419934

$534,900
06/01/2005

Sold (Public Record)

Public Record #161027529

$270,400
06/01/2005

Sold

MLS PIN #70143509

$267,000
02/15/2005

Under Agreement

MLS PIN #70143509

02/15/2005

Contingent

MLS PIN #70143509

02/08/2005

Listed (Active)

MLS PIN #70143509

$267,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 Derby Street, Unit 3F

Taxable ValueLand-Additions$425,500Total-
Tax Record2025$4,825 ($402 / month)
Home Facts
Beds2Baths1Total Finished SqFt800 SqFtAbove Grade Finished SqFt800 SqFtStories3Lot Size10,088 SqFtStyleCondominiumYear Built1900ZoningB1CountyESSEXAPNSALE M:41 L:0316 S:805

Schools near 131 Derby Street, Unit 3F

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Bates Elementary School
PublicPK to 5

Horace Mann Laboratory School
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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131 Derby Street, Unit 3F is a condo for sale in Salem, MA 01970. This property was listed for sale on August 20, 2025 by J. Barrett & Company, it's currently listed at $519,900. It has been on the market for a total of 106 days and was last sold on June 1, 2005. This listing's school district is Salem School District. Nearby schools include Bates Elementary School, Horace Mann Laboratory School and Carlton Elementary School. 131 Derby Street, Unit 3F is a 2-bed, 1-bath, 800 sqft condo built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of J. Barrett & Company, The Lopes Group

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.