Dimensions12 x 12
FeaturesFireplace, Flooring - Wall to Wall Carpet
LevelThird
125 Derby Street # D, Salem MA 01970
Salem, MA 01970 • Downtown
$519,000
Est. $3,662/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
12
Sep
Saturday, September 12
11:00 AM - 12:00 PM EDT
10
Sep
Thursday, September 10
4:30 PM - 5:30 PM EDT
About this home
Step back in time without sacrificing modern convenience. Built in 1768 for Captain Edward Allen, this exceptional 6-room, 2-bedroom townhome is nestled in the heart of Salem's Historic District, just steps from The House of the Seven Gables, Pickering Wharf, and the historic Ye Olde Pepper Companie. Rich with period character, the home showcases beautifully refinished original King pine hardwood floors, multiple original fireplaces, and timeless architectural details throughout. The elegant dining room features a stunning hand-painted mural depicting Pickering Wharf as it appeared during the home's early years, creating a one-of-a-kind setting for entertaining. Thoughtfully updated for today's lifestyle, the home also offers a renovated kitchen, in-unit washer and dryer, and the perfect blend of historic charm and modern comfort. Rarely does an opportunity arise to own a piece of Salem's rich history in one of its most sought-after locations.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 9, 2026
$519,000
Original listing
Agent: Patrick Sargent
Office: Herrick Lutts Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | 🏠 Listed for Sale | $519,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,855 | $516,300 |
Financial Details
Annual Property Tax
$5,855
Tax Year 2025
HOA Fee
$350
Monthly
Assessed Value
$516,300
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1768
Living Area
1,416 sq ft
Stories
2
Bedrooms
2
Full Baths
2
Total Rooms
6
Interior
Heating
Oil, Fireplace(s)
Cooling
Window Unit(s)
Flooring
Carpet, Hardwood, Flooring - Wall To Wall Carpet
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace
Dining Room, Living Room, Master Bedroom
Fireplaces
4
Basement
Y
Laundry
Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Features
Office
Exterior
Construction
Stone
Architecture
None
Roof
Shingle, Rubber
Features
Patio, Fenced Yard, Garden
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Patio
Parking
Features
On Street
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$5,855
Assessed Value
$516,300
HOA & Community
HOA Fee
$350 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
3
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Several Photos Are Virtually Staged.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Townhouse"]
Unit/Building
D
Sq Ft Source
Public Record
Documents
Master Deed (1)
County
Essex
Total market time (incl. prior listings)
120 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1768
Bedrooms
2
Full Bathrooms
2
Living Area
1,416 sq ft
Total Rooms
6
Stories
2
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,416 sq ft above grade
Dimensions10 x 10
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower
LevelThird
Dimensions14 x 14
FeaturesCloset, Flooring - Hardwood
LevelThird
Dimensions12 x 12
FeaturesBathroom - Full, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid
LevelSecond
Dimensions12 x 10
FeaturesCloset, Flooring - Wall to Wall Carpet
LevelSecond
Dimensions10 x 8
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower
LevelSecond
Dimensions14 x 12
FeaturesFlooring - Hardwood, Window(s) - Bay/Bow/Box
LevelSecond
Dimensions14 x 14
FeaturesFlooring - Hardwood, Window(s) - Bay/Bow/Box
LevelSecond
Display Options
Outdoor Areas
Patio & porchPatio
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Carpet, Hardwood, Flooring - Wall to Wall Carpet
Appliances:
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Office
Windows:
Basement:
Y
Laundry:
Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Security:
Construction & Materials
Year Built:
1768
Structure Type:
Townhouse
Exterior Materials:
Stone
Roof:
Shingle, Rubber
Foundation:
Stories:
2
Heating, Cooling & Utilities
Heating:
Oil, Fireplace(s)
Heating Zones:
2
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio, Fenced Yard, Garden
Patio & Porch:
Patio
Fencing:
Fenced
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
On Street
Special Features
Fireplaces:
4
Fireplace Type:
Dining Room, Living Room, Master Bedroom
Community Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, T-Station
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
3 schools
C+
Bentley Academy Innovation School
0.5 mi
|
#531 of 825
|
Score: 43.7
Improved 180 spots from last year
-14.5 below state avg
277 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.5 mi
107 students
Diverse
Diverse Student Body
Grades PK
C+
Saltonstall School
0.7 mi
|
#525 of 825
|
Score: 43.9
Improved 43 spots from last year
-14.3 below state avg
267 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
Middle Schools
3 schools
B-
Collins Middle School
1.2 mi
|
#203 of 352
|
Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B+
Village School
1.6 mi
|
#265 of 825
|
Score: 51.8
Dropped 76 spots from last year
-6.4 below state avg
480 students
Less Diverse
Strong Attendance
Grades 04-06
B+
Marblehead Community Charter Public School
1.9 mi
|
#109 of 352
|
Score: 48.5
Improved 100 spots from last year
-9.7 below state avg
226 students
Moderate
Rising School
Grades 04-08
High Schools
3 schools
B+
Salem Academy Charter School
0.4 mi
|
#141 of 346
|
Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B+
Salem High School
1.7 mi
|
#124 of 346
|
Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.9 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$488
Homeowners Insurance
$200
HOA Fee
$350/mo
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
Downtown
125 Derby Street # D, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Patrick Sargent
Listing Office
Herrick Lutts Realty Partners
Office Phone
978-927-1959
Agent MLS ID
CT008034
Office MLS ID
AN6507
Listing Data Updated
Sep 9, 2026 12:40 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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