Experience a luxury lifestyle in this sun-drenched, spacious 1 bedroom, 1-1/2 bath condo featuring mesmerizing harbor & ocean views atop the Salem Waterfront Hotel & Suites. Ideally set on Salem Harbor adjacent to the elegant boutiques & world-class eateries at Pickering Wharf & Marina. Includes access to hotel amenities, including a heated pool. Open layout features a living/dining area w/ gas fireplace, Juliet balcony, & large windows showcasing water views. The kitchen gleams w/ brand-new stainless LG appliances & granite countertops. Central air, in-unit washer/dryer, elevator & parking just steps from the entrance add convenience. Pets allowed w/ approval. Salem residents enjoy free admission to Peabody Essex Museum & The House of Seven Gables. A fast commute to Boston by MBTA Commuter Rail & Salem Ferry. Getting around Salem is easy by Bluebikes, & Salem Skipper rideshare. Walk to historic downtown, Salem Maritime National Park, Essex Street Pedestrian Mall, & Salem Common.
Sold for $610,000
$610,000
225 Derby St Unit 503, Salem, MA 01970
1beds
1,151sqft
Condominium
Built in 2004
-- sqft lot
$610,100 Zestimate®
$530/sqft
$3,067 Estimated rent
Home value
$610,100
$555,000 - $665,000
$3,067/mo
Zestimate® history
Owner options
List your home for rent
$3,067/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,067/mo
Rent Zestimate®
Refinance and save
$4,302/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,302/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Gas fireplaceCentral airJuliet balcony
Zillow last checked:
Listing updated:
Listed by:
Ed Abrams 617-388-1764,
RE/MAX Real Estate Center 617-576-3800,
Elisee Labrecque 617-921-0356
Bought with:
Chris LeVasseur
Keller Williams Realty Evolution
Source: MLS PIN,MLS#: 73481755
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Cable Hookup
- Level: First
- Area: 260
- Dimensions: 13 x 20
Primary bathroom
- Features: Yes
Bathroom 1
- Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
- Level: First
Bathroom 2
- Features: Bathroom - Half, Dryer Hookup - Electric, Washer Hookup
- Level: First
Dining room
- Features: Closet, Flooring - Hardwood, Window(s) - Picture, Slider
- Level: First
- Area: 240
- Dimensions: 12 x 20
Kitchen
- Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances, Gas Stove
- Level: First
- Area: 168
- Dimensions: 12 x 14
Living room
- Features: Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Open Floorplan, Slider, Lighting - Overhead
- Level: First
- Area: 240
- Dimensions: 12 x 20
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Unit Control
Appliances
- Included: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
- Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Features
- Elevator
- Flooring: Carpet, Marble, Hardwood
- Windows: Insulated Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Dining Room
Interior area
- Total structure area: 1,151
- Total interior livable area: 1,151 sqft
- Finished area above ground: 1,151
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Assigned
- Uncovered spaces: 1
Accessibility
- Accessibility features: Accessible Entrance
Features
- Entry location: Unit Placement(Upper)
- Pool features: Association, Indoor
- Has view: Yes
- View description: Water, Harbor, Ocean, Public Water View
- Has water view: Yes
- Water view: Harbor,Ocean,Public,Water
- Waterfront features: Waterfront, Ocean, Harbor, Marina, Public, Ocean, 1 to 2 Mile To Beach
Lot
- Size: 0.91 Acres
Details
- Parcel number: M:34 L:0446 S:904,4591740
- Zoning: B5
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 2004
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Individual Meter
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Public School, T-Station, University
- Security: Intercom
HOA
- Amenities included: Pool, Elevator(s)
- Services included: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- HOA fee: $516 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $580,100
- Annual tax amount: $6,305
- Date on market: 5/4/2026
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Sold | $610,000$530/sqft |
Source: MLS PIN #73481755 Report a problem | ||
| 3/3/2026 | Listed for sale | $610,000$530/sqft |
Source: MLS PIN #73481755 Report a problem | ||
| 5/30/2024 | Sold | $610,000-3.8%$530/sqft |
Source: MLS PIN #73188067 Report a problem | ||
| 5/5/2024 | Contingent | $634,000$551/sqft |
Source: MLS PIN #73188067 Report a problem | ||
| 2/23/2024 | Price change | $634,000-0.8%$551/sqft |
Source: MLS PIN #73188067 Report a problem | ||
| 12/18/2023 | Listed for sale | $639,000+12.1%$555/sqft |
Source: MLS PIN #73188067 Report a problem | ||
| 11/22/2022 | Sold | $570,000-5%$495/sqft |
Source: Public Record Report a problem | ||
| 4/19/2022 | Listed for sale | $599,900+11.3%$521/sqft |
Source: MLS PIN #72967968 Report a problem | ||
| 12/6/2018 | Listing removed | $539,000$468/sqft |
Source: Engel & Volkers By The Sea #72357526 Report a problem | ||
| 7/6/2018 | Listed for sale | $539,000$468/sqft |
Source: By The Sea Sotheby's International Realty #72357526 Report a problem | ||
| 1/3/2018 | Listing removed | $539,000$468/sqft |
Source: By The Sea Sotheby's International Realty #72122414 Report a problem | ||
| 5/30/2017 | Listed for sale | $539,000$468/sqft |
Source: By the Sea Sotheby's International Realty #72122414 Report a problem | ||
| 5/5/2017 | Pending sale | $539,000$468/sqft |
Source: By the Sea Sotheby's International Realty #72122414 Report a problem | ||
| 2/23/2017 | Listed for sale | $539,000$468/sqft |
Source: By The Sea Sotheby's International Realty #72122414 Report a problem | ||
| 12/1/2016 | Listing removed | $539,000$468/sqft |
Source: J. Barrett & Company #72018307 Report a problem | ||
| 6/7/2016 | Listed for sale | $539,000+29.9%$468/sqft |
Source: J. Barrett & Company #72018307 Report a problem | ||
| 11/18/2011 | Sold | $415,000-7.6%$361/sqft |
Source: Public Record Report a problem | ||
| 8/13/2011 | Price change | $449,000-5.5%$390/sqft |
Source: Signature Homes #71219866 Report a problem | ||
| 7/10/2011 | Price change | $475,000-6.7%$413/sqft |
Source: Signature Homes #71219866 Report a problem | ||
| 6/27/2011 | Price change | $509,000-5.6%$442/sqft |
Source: Signature Homes #71219866 Report a problem | ||
| 4/22/2011 | Listed for sale | $539,000-1.8%$468/sqft |
Source: Coldwell Banker Signature Homes #71219866 Report a problem | ||
| 3/16/2005 | Sold | $549,000$477/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,713 +4.4% | $592,000 +7% |
| 2024 | $6,428 -11% | $553,200 -4.1% |
| 2023 | $7,220 | $577,100 |
| 2022 | $7,220 -0.2% | $577,100 +10.1% |
| 2021 | $7,234 -1.6% | $524,200 +3% |
| 2020 | $7,352 -0.5% | $508,800 +4% |
| 2019 | $7,387 +1.7% | $489,200 +3.6% |
| 2018 | $7,262 -3.8% | $472,200 -0.7% |
| 2017 | $7,545 +2% | $475,700 +0.7% |
| 2016 | $7,399 -4.3% | $472,200 +0.3% |
| 2015 | $7,729 -1.9% | $471,000 |
| 2014 | $7,880 +5.8% | $471,000 -1.2% |
| 2012 | $7,449 +0.7% | $476,600 -3% |
| 2011 | $7,397 +3.1% | $491,500 -4% |
| 2010 | $7,175 +6.4% | $512,100 -1.9% |
| 2009 | $6,746 +7.7% | $522,100 -2.7% |
| 2008 | $6,262 +2.2% | $536,600 -5.7% |
| 2007 | $6,129 | $569,100 |
Find assessor info on the county website
Neighborhood: 01970
Nearby homes
- $675,0002 bd2 ba1.4k sqft225 Derby St UNIT 608, Salem, MA 01970Sold
- $701,8002 bd2 ba1.4k sqft225 Derby St UNIT 504, Salem, MA 01970Off Market
- $796,3002 bd2 ba1.6k sqft225 Derby St UNIT 501, Salem, MA 01970Off Market
- $876,0002 bd1 ba1.6k sqft225 Derby St UNIT 505, Salem, MA 01970Off Market
- $749,8002 bd2 ba1.3k sqft225 Derby St UNIT 502, Salem, MA 01970Off Market
- $692,1002 bd2 ba1.3k sqft225 Derby St UNIT 506, Salem, MA 01970Off Market
- $867,3002 bd2 ba1.6k sqft225 Derby St UNIT 507, Salem, MA 01970Off Market
- $749,7002 bd2 ba1.4k sqft225 Derby St UNIT 508, Salem, MA 01970Off Market
Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.5 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.3 mi
- 5/10Carlton Elementary SchoolGrades: K-5Distance: 0.8 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$610,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$610,100
- Massachusetts
- Essex County
- Salem
- 01970
- 225 Derby St Unit 503
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Salem Topics
