Sold!
$560,000
2
Beds
2
Baths
1,527
Living Area
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Property Description
Luxurious Urban Sanctuary in the Heart of Salem! Experience sophisticated city living in this stunning 2-bedroom, 2-bathroom residence situated in a premier, elevator-equipped building. This unit boasts a spacious, modern open-concept layout accented by high-end finishes and premium materials throughout. Residents enjoy a unique, sun-drenched lifestyle featuring a dramatic skylit atrium and a secure-entry building for ultimate peace of mind. Located at the epicenter of Salem’s vibrant culture, you are minutes away from the Peabody Essex Museum (PEM), the historic waterfront, renowned fine dining, boutique shopping, and local arts venues. Whether you’re looking for a chic primary residence or a coastal retreat, this property offers an unparalleled lifestyle in one of New England’s most historic and walkable cities.
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Highlights
- Building Name: Derby Loft Condominiums
- Has View: Yes
- HOA Fee: $502
- Property Type: Condominium
- Total Rooms: 4
- Year Built: 2003
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
- Property Class: Residential
- Stories: 1
- Unit Number: 207
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction: Brick
- Exterior Features: City View(s)
- Interior Features: Closet, Open Floorplan, Entrance Foyer, Elevator
- Roof: Rubber
- Total Number of Units: 54
- Year Built Details: Approximate
- Zoning: B5
- Basement: N
- Exclusions: Living Room Chandelier
- Flooring: Tile, Hardwood, Flooring - Hardwood
- Pets Allowed: Yes
- SqFt Source: Public Record
- View: City
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
- Security Features: Intercom
- Parking Features: Leased
- Waterfront Features: Ocean
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $525,700
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
- Taxes: $5,630
- HOA Fee Frequency: Monthly
- Tax Year: 2026
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Keller Williams Realty Evolution.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
