See Home Value
$434,000
Condo - Off Market

5 Derby Square #1

Salem, MA 01970
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$705,587
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

The Ultimate in Urban Chic!! Located in the heart of downtown Salem in the c.1817 former home of the Bancroft Tavern-shops, restaurants, train all within 5 minutes! This Uber Cool townhouse complete w/exposed brick walls & floors, a huge central fireplace & original built-in bar! If you are looking for Unique - this is it! The spacious and open concept living area will be the envy of all your friends as entertaining is a breeze! The granite and stainless kitchen features a large peninsula with seating for 6 while the dining area boasts a granite-topped built-in buffet cabinet and HUGE walk-in pantry with custom shelving and French Doors! The highlight is of course the raised fireplace and hearth that is sure to keep you warm on the snowy nights ahead! Both bedrooms access the full bath w/jaccuzzi tub and glass tile surround and floor! Laundry is in the 1/2 bath on the lower level along with a separate office. Bonus: central a/c, HUGE walk-in closet, private Patio & fee includes heat!
Unit Size
-
Days on Market
149 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$432
HOA Dues
$239
Year Built
-
Last updated: 2 years ago (MLSPIN #72088316)

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
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…
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: Closet/Cabinets - Custom Built, Pantry, Countertops - Stone/Granite/Solid, French Doors, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula

Bathroom #2 Information

Level: First
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Jacuzzi / Whirlpool Soaking Tub

Bedroom #2 Information

Level: First
Features: Bathroom - Full, Closet, Flooring - Hardwood

Dining Room Information

Features: Closet/Cabinets - Custom Built, Open Floorplan, Recessed Lighting
Level: Basement

Bathroom #1 Information

Features: Bathroom - Half, Flooring - Laminate, Dryer Hookup - Electric, Washer Hookup
Level: Basement

Master Bedroom Information

Features: Bathroom - Full, Closet, Flooring - Hardwood
Level: First

Living Room Information

Level: Basement
Features: Closet, Open Floorplan

Office Information

Level: Basement
Features: Flooring - Laminate

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 1

Interior Information

Interior Features: Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater
Flooring Type: Wood, Tile, Laminate, Other, Flooring - Laminate
Laundry Features: Bathroom - Half, In Basement, In Unit

Room Information

Rooms: 6

Fireplace Information

Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1

Basement Information

Basement: Y
Exterior Details

Property Information

Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium

Building Information

Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Patio - Enclosed
Lead Paint: Unknown

Lot Information

Lot Size Units: Acres
Zoning: B
Parcel Number: 2136657

Land Information

Water Source: Public


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211102 Unit 1
11/02/2021
1
2 Bed
2 Bath
-
$485,000
bedrooms
2 Bed
bathrooms
2 Bath
$485,000
12/17/2021
-
Justin Repp
Keller Williams Realty Evolution
20200831 Unit 1
08/31/2020
1
2 Bed
1.5 Bath
1754 ft²
$540,000
bedrooms
2 Bed
bathrooms
1.5 Bath
square feet
1754 ft²
-
-
-
-
20170424 Unit 3
04/24/2017
3
2 Bed
2 Bath
-
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
$425,000
06/28/2017
-
The Mavroules Team
Good Deeds Realty Partners
20161101 Unit 1
11/01/2016
1
2 Bed
2 Bath
-
$439,000
bedrooms
2 Bed
bathrooms
2 Bath
$439,000
03/30/2017
-
Northshorist Group
RE/MAX 360
20150811 Unit 4
08/11/2015
4
2 Bed
2 Bath
-
$334,900
bedrooms
2 Bed
bathrooms
2 Bath
$334,900
10/09/2015
-
Marie Farrar
Realty Executives
20130427 Unit 4
04/27/2013
4
2 Bed
2 Bath
-
$299,900
bedrooms
2 Bed
bathrooms
2 Bath
$299,900
05/23/2013
-
Kathleen Fabrizio
J. Barrett & Company
20110719 Unit 3
07/19/2011
3
2 Bed
2 Bath
-
$255,000
bedrooms
2 Bed
bathrooms
2 Bath
$255,000
05/01/2012
-
Gary Blattberg
RE/MAX 360
20030426 Unit 45
04/26/2003
45
2 Bed
2 Bath
-
$299,900
bedrooms
2 Bed
bathrooms
2 Bath
$299,900
08/28/2003
-
Peter Albano
Albano Realty Group
19970606 Unit 2
06/06/1997
2
2 Bed
2 Bath
-
$115,000
bedrooms
2 Bed
bathrooms
2 Bath
$115,000
11/28/1997
-
Walter Cook
Coldwell Banker Residential Brokerage - Salem

Building Info

5 Derby Square 5 Derby Square, Salem, MA 01970
More about this Building
5 Derby Square
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