CCertihomes
145 Derby Street #3, Salem, MA 01970

$1,015,000

3 beds 4 baths 1,463 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. 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!

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
$7,160/mo

Real estate (PITI + HOA + PMI)
$7,483
Principal + interest$4,603
Property tax + insurance$2,155
HOA$344
PMI / 2nd mortgage$381
Utilities
$389
Heating + cooling$58
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$7,160/mo TLC
Budget$7,660/mo
Remaining after TLC$500/mo
Purchase price
$1,015,000
Down payment
$50,750 (5%)
Loan amount
$964,250
APR
4%

Quick facts

Type
Condominium
Style
Year built
2024
Lot size
Stories
3
Heating
Forced Air, Natural Gas
Cooling
Central Air
Water
Public
HOA
$344 / Monthly
Annual tax
MLS #
73235274
County
Essex

At a glance

Air conditioning
Basement
Garage (1)
Dishwasher

Home features

Appliances
OvenDishwasherMicrowaveRangeRefrigeratorRange Hood
Exterior
Deck - Roof + Access RightsDecorative LightingCity View(s)ScreensRain GuttersProfessional Landscaping
Community
Public TransportationWalk/Jog TrailsT-Station
Parking
AttachedGarage Door OpenerDeededOff StreetPavedExclusive Parking
Kitchen
Flooring - HardwoodWindow(s) - Bay/Bow/BoxKitchen IslandOpen FloorplanStainless Steel AppliancesCrown Molding
Flooring
Wood, Tile
Roof
Rubber, 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.