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Map
$495,000
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Condo -
Off Market
5 Derby Sq #1
Salem, MA 01970
2 Beds
2 Baths
$543,501
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model
About This Property
Located between Essex and Front St and adjacent to the Old Town
Hall and Hotel Salem, this property screams city living. Step out
your door and you'll immediately feel the energy of this great
city. Built in 1817 and recorded in the National Register of
Historic Places, this property was once a working tavern and even
has the original bar and brass fixtures still in tact! This unit
has a super unique floorplan. The main level is home to both of the
spacious bedrooms and tastefully designed jack and jill bathroom.
Head downstairs through an elegant stairwell with ornate
woodworking and period details to find a massive open concept
kitchen/dining/living room with original brick floors that is
anchored by a fully functioning wood burning fireplace! This space
would be fantastic for entertaining! Also on this level is a 1/2
bath with laundry and a bonus room. If you are looking for a turn
key condo in a well managed building just moments from all the
action in Salem...THIS. IS. IT!
Unit Size
-
Days on Market
45 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$547
HOA Dues
$490
Year Built
-
Last updated: 2 years ago (MLSPIN #72915061)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2021 | Sold | $495,000 | |
| Sold | |||
| Nov 2, 2021 | Listed by eXp Realty | $485,000 | |
| Listed by eXp Realty | |||
| Sep 25, 2020 | No longer available | - | |
| No longer available | |||
| Aug 31, 2020 | Listed | $540,000 | |
| Listed | |||
|
|||
|
Super spacious and one of a kind Condo right in the heart of
Downtown Salem! Located steps from the Old Town Hall in Derby
Square, this condo was once the home of the Bancroft Tavern in
1817. Now its the Hottest NEW condo on the market!! Fully
renovated, while retaining plenty of old world charm, exposed brick
and original finished wood trim throughout the Bi-level condo.
Modern Bathroom and Kitchen with brand new cabinets! Private
building common area! 1/4 mile to the train, 1/2 mile to…
|
|||
| Mar 30, 2017 | Sold | $434,000 | |
| Sold | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Interior Details
Kitchen Information
Level: Basement
Features: Dining Area, Pantry, Open Floorplan, Recessed Lighting, Peninsula
Bathroom #2 Information
Level: Basement
Features: Bathroom - Half
Bedroom #2 Information
Level: Main
Features: Bathroom - Full, Flooring - Hardwood
Dining Room Information
Features: Open Floorplan, Recessed Lighting
Level: Basement
Bathroom #1 Information
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
Level: First
Master Bedroom Information
Features: Bathroom - Full, Flooring - Hardwood
Level: Main
Living Room Information
Level: Basement
Features: Closet, Open Floorplan, Recessed Lighting
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 1
Interior Information
Interior Features: Steam / Sauna, Bonus Room, Sauna/Steam/Hot Tub
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Carpet, Hardwood, Stone / Slate, Other
Laundry Features: In Basement, In Unit
Room Information
Rooms: 6
Fireplace Information
Has Fireplace
Fireplace Features: Dining Room, Living Room
Fireplaces: 1
Basement Information
Basement: Y
Parking Details
Has Garage
Garage Spaces: 1
Exterior Details
Property Information
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Information
Structure Type: Brownstone, Attached
Stories (Total): 2
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Information
Lot Size Units: Acres
Zoning: B5
Parcel Number: M:35 L:0274 S:801, 2136657
Land Information
Water Source: Public
Financial Details
Tax Assessed Value: $475,400
Tax Annual Amount: $6,561
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $490
Pets Allowed: Yes
Management: Owner Association
5 Derby Sq #1, Salem, MA, 01970
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/02/2021
|
2 Bed
|
2 Bath
|
-
|
$485,000
2 Bed
2 Bath
|
$485,000
12/17/2021
|
-
|
Justin Repp
Keller Williams Realty Evolution
|
|
|
08/31/2020
|
2 Bed
|
1.5 Bath
|
1754 ft²
|
$540,000
2 Bed
1.5 Bath
1754 ft²
|
-
-
|
-
|
-
|
|
|
04/24/2017
|
2 Bed
|
2 Bath
|
-
|
$425,000
2 Bed
2 Bath
|
$425,000
06/28/2017
|
-
|
The Mavroules Team
Good Deeds Realty Partners
|
|
|
11/01/2016
|
2 Bed
|
2 Bath
|
-
|
$439,000
2 Bed
2 Bath
|
$439,000
03/30/2017
|
-
|
Northshorist Group
RE/MAX 360
|
|
|
08/11/2015
|
2 Bed
|
2 Bath
|
-
|
$334,900
2 Bed
2 Bath
|
$334,900
10/09/2015
|
-
|
Marie Farrar
Realty Executives
|
|
|
04/27/2013
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
$299,900
05/23/2013
|
-
|
Kathleen Fabrizio
J. Barrett & Company
|
|
|
07/19/2011
|
2 Bed
|
2 Bath
|
-
|
$255,000
2 Bed
2 Bath
|
$255,000
05/01/2012
|
-
|
Gary Blattberg
RE/MAX 360
|
|
|
04/26/2003
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
$299,900
08/28/2003
|
-
|
Peter Albano
Albano Realty Group
|
|
|
06/06/1997
|
2 Bed
|
2 Bath
|
-
|
$115,000
2 Bed
2 Bath
|
$115,000
11/28/1997
|
-
|
Walter Cook
Coldwell Banker Residential Brokerage - Salem
|
Building Info
