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For sale
  • $695,000

    114 Margin St #2, Salem, MA 01970

    2beds
    1,226sqft
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    Condominium
    Built in 1920
    -- sqft lot
    $685,400 Zestimate®
    $567/sqft
    $123/mo HOA

    What's special

    Exposed brickLush private patio
    Industrial cool meets modern comfort in this one-of-a-kind SOHO loft style stand alone condo created from a cleverly converted antique garage. Original garage doors have been reimagined as striking interior walls, while soaring 11-foot ceilings, exposed brick, and three sets of French doors flood the home with natural light and create an airy feel that's equal parts chic and inviting. The oversized kitchen is made for gathering, with room to cook, entertain, and spread out. Three mini-split systems keep the home comfortable year-round. The home offers 2 spacious bedrooms and 2 full baths, including a serene primary suite with a heated bathroom floor. Enter through a lush private patio that transforms into off-street parking—especially welcome during New England winters. If you've been searching for something stylish and unique, this distinctive loft offers the character of a historic building with the vibe of a downtown city retreat. Minutes from the center of town and the train.
    6 days
    |
    2,035
    |
    191
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Selbst 617-504-9159,

    Gibson Sotheby's International Realty 978-526-0243

    Source: MLS PIN,MLS#: 73549827

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Ductless
      Cooling
      • Ductless
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,226
      • Total interior livable area: 1,226 sqft
      • Finished area above ground: 1,226
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Uncovered spaces: 2
      Features
      • Entry location: Unit Placement(Street)
      • Patio & porch: Patio - Enclosed
      • Exterior features: Patio - Enclosed
      • Fencing: Security
      Lot
      • Size: 5,833 Square Feet
      Details
      • Parcel number: M:0025 B:0500 L:0802,5195625
      • Zoning: R2

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Brick
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Services included: Insurance
      • HOA fee: $123 monthly
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $567/sqft
      • Tax assessed value: $659,600
      • Annual tax amount: $7,110
      • Date on market: 7/15/2026

        Estimated market value

        $685,400

        $651,000 - $720,000

        $3,200/mo

        Price history

        DateEventPrice
        7/15/2026Listed for sale$695,000+8.8%$567/sqft
        Source: MLS PIN #73549827 Report a problem
        2/23/2022Sold$638,500$521/sqft
        Source: MLS PIN #72933694 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,285 +2%$642,400 +4.5%
        2024$7,144 -2.7%$614,800 +4.7%
        2023$7,346 $587,200
        2022$7,346 $587,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 01970

        Getting around

        93 / 100
        Walker's Paradise
        38 / 100
        Some Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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