127 Derby St
Salem, MA 01970
2 bd 1 ba 763 sqft Built 1786 condos
Most recent sale
$365,000
Apr 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2022 | Sold | $365,000 | MLS #72943378 |
| Mar 31, 2022 | Relisted | $353,900 | MLS #72943378 |
| Feb 23, 2022 | Listing removed | $353,900 | MLSPIN |
| Feb 16, 2022 | Listed | $353,900 | MLS #72943378 |
| Sep 19, 2016 | Sold | $229,900 | MLS #72055673 |
| Aug 19, 2016 | Listed | $229,900 | MLS #72055673 |
| Aug 29, 2013 | Listing removed | $1,450 | MLSPIN |
| Aug 10, 2012 | Listing removed | $1,500 | MLSPIN |
| Jul 27, 2012 | Price changed for rent | $1,500 | MLSPIN |
| Jul 16, 2012 | Listed for rent | $1,600 | MLSPIN |
| Mar 6, 2003 | Sold | $172,000 | Public Record |
| Aug 27, 1999 | Sold | $121,000 | Public Record |
| Jun 12, 1998 | Sold | $76,265 | Public Record |
| Apr 17, 1997 | Sold | $42,500 | Public Record |
| Aug 15, 1988 | Sold | $117,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $370,300 | — | $370,300 | $4,199 |
| 2024 | $364,600 | — | $364,600 | $4,237 |
| 2023 | $337,600 | — | $337,600 | $4,223 |
| 2022 | $310,000 | — | $310,000 | $4,108 |
| 2021 | $292,900 | — | $292,900 | $4,042 |
| 2020 | $274,200 | — | $274,200 | $3,962 |
| 2019 | $249,500 | — | $249,500 | $3,767 |
| 2018 | $227,700 | — | $227,700 | $3,502 |
| 2017 | $198,000 | — | $198,000 | $3,140 |
| 2016 | $189,600 | — | $189,600 | $2,971 |
| 2015 | $181,200 | — | $181,200 | $2,973 |
| 2014 | $172,800 | — | $172,800 | $2,891 |
| 2006 | $195,500 | — | $195,500 | $2,192 |
| 2005 | $176,700 | — | $176,700 | $2,011 |
| 2004 | $158,000 | — | $158,000 | $1,850 |
| 2003 | $130,500 | — | $130,500 | $1,680 |
Property facts
Year built
1786
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
763 sqft
Lot size
—
ZIP code
01970
City
Salem
Street
Derby St
Coordinates
42.52208, -70.88489
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,213
Gross rental yield
7.28%
Implied cap rate
4.73%
Trend-extrapolated value
—
Frequently asked questions
When did 127 Derby St last sell?
127 Derby St most recently sold on Apr 8, 2022 for $365,000.
What is the current tax assessment for 127 Derby St?
The most recent total assessment for 127 Derby St (year 2025) is $370,300 with $4,199 in property tax.
How does 127 Derby St's assessment compare to its last sale price?
The current assessment is 1.5% above the last sale price of $365,000.
When was 127 Derby St built?
127 Derby St was built in 1786.
How does 127 Derby St compare to others on Derby St?
We track 8 other properties on Derby St. Browse the list under "Other properties on Derby St" to compare beds, baths, and sale history.
What are the property facts for 127 Derby St?
127 Derby St is a 2 bed, 1 bath, 763 sqft condos.
Is 127 Derby St a flip candidate?
No — 127 Derby St does not appear in our flips dataset.
Is 127 Derby St a tax-appeal candidate?
No — 127 Derby St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$565.8K
2026 Q4
$565.7K
ZIP 01970 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Derby St