CCertihomes
143 Derby Street #1, Salem, MA 01970

$899,000

3 beds 3 baths 1,441 sqft Built 20245 days on marketActive

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. Just steps from the waterfront, shops, restaurants, and iconic landmarks, this condo community includes secured entry, dedicated 2 car garage parking, and additional storage. Experience the best of Salem's charm and culture right at your doorstep!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,401/mo

Real estate (PITI + HOA + PMI)
$6,648
Principal + interest$4,077
Property tax + insurance$1,922
HOA$312
PMI / 2nd mortgage$337
Utilities
$389
Heating + cooling$58
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$6,401/mo TLC
Budget$6,901/mo
Remaining after TLC$500/mo
Purchase price
$899,000
Down payment
$44,950 (5%)
Loan amount
$854,050
APR
4%

Quick facts

Type
Condominium
Style
Year built
2024
Lot size
Stories
2
Heating
Forced Air, Natural Gas
Cooling
Central Air
Water
Public
HOA
$312 / Monthly
Annual tax
MLS #
73235270
County
Essex

At a glance

Air conditioning
Basement
Garage (2)
Dishwasher

Home features

Appliances
RangeDishwasherRefrigeratorRange Hood
Exterior
ScreensRain Gutters
Community
Public TransportationWalk/Jog TrailsT-Station
Parking
AttachedOff Street
Kitchen
Flooring - HardwoodCountertops - Stone/Granite/SolidBreakfast Bar / NookCabinets - UpgradedBeadboard
Flooring
Wood, Tile
Roof
Shingle, Other
Sewer
Public Sewer

Neighborhood — 01970

MetricThis ZIPCountyUSA
Population39,2106,444,931299,088,112
Population Change Since199012.00%7.00%20.00%
Population Density4,803786
Male18,2943,127,134147,432,321
Female20,9163,317,797151,655,844
Never Married11,7661,612,88563,775,926
Married13,4262,586,314123,120,365
Separated1,771247,85712,639,686
Widowed2,455363,59415,467,586
Divorced3,344436,88823,075,029
Number Of House Hold17,1122,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age36.0437.2535.46
Median House Hold Income$50,078$57,698$48,276
Average House Hold Income$61,376$75,023$63,629
P C I$28,089$29,196$24,529
M D I$42,238$48,105$41,133
A T H E$50,149$57,083$50,898
S T R5.00%5.00%
W C J83.24%81.38%77.74%
(Zip) Code
1970

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/8/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.