NE Provenance

163 Derby Street

Salem, MA 01970

Institutional
Owner
Uni...
Owner Type
Government
Assessed
$581,800
Built
1950
Sq Ft
2,542
Lot
6.75 ac
Bed/Bath
—
Type
Institutional
Elevated Risks27ConditionC3Fire GradeCPermits8Last PermitNov 2023FloodVESurgeCat 1

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163 Derby Street, Salem, MA 01970— Property Report

Home& Property Details

163 Derby Street is a US Government institutional built in 1950 located in Salem, Essex County, MA. The home has 2,542 square feet of living area on a 6.75-acre lot.

Flood Zone & Natural Hazard Assessment

163 Derby Street is in FEMA flood zone VE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 1 hurricane storm surge inundation zone based on NOAA SLOSH modeling. This property is at risk of inundation under a 1-foot sea level rise scenario. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 163 Derby Street at Grade C (Adequate fire protection access). The nearest fire station, SALEM FIRE DEPARTMENT, is 0.4 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure.

Building Permits & Property History

Municipal records show 8 building permits on file for 163 Derby Street. The most recent permit was filed November 6, 2023. In the past five years, 2 permits have been issued. The current municipal assessment is $581,800, with $462,600 attributed to land and $119,200 to improvements.

Environmental & Land Use

163 Derby Street is classified as a waterfront property. The property is located within a designated historic district.

SalemNeighborhood & Community

163 Derby Street is located in Salem, Essex County, MA. The property is zoned R2 (Residential Two Family). The median home value in this census tract is $488,100. The owner-occupancy rate in the surrounding area is 25%. The property is served by the Salem school district.

Full Property Intelligence Report

The complete NE Provenance report for 163 Derby Street, Salem, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.