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Off market
  • $692,100

    225 Derby St Unit 506, Salem, MA 01970

    2beds
    1,346sqft
    Condo
    Built in 2004
    -- sqft lot
    $692,100 Zestimate®
    $514/sqft
    $3,436 Estimated rent

    Home value

    $692,100

    $657,000 - $727,000

    $3,436/mo

    Zestimate® history
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    $3,436/mo

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    Rent Zestimate®

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    $4,721/mo

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    $4,721/mo

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    What's special

    Live the perfect life style on the waterfront in Historic Salem in a wonderful boutique hotel. As seen on TV's Chronicle the hotel has received "Best on the North Shore" awards for great Amenities and Location 4 years in a row and you could LIVE the Dream on the Waterfront. Be sure to look at the photo's and take the Virtual TOUR. 2 bed/2full bath, laundry room, workout room, restaurant, full bar, heated pool, within walking distance of many restaurants, 24 hour security, 3 elevators,pet friendly 5 mins. to Boston train and Salem ferry to Long Wharf, deeded parking. In excellent condition owners live part of the year in Naples Fl.All marble bathrooms, wood floors in other rooms. Fireplace living room, granite counter tops...Description of living on 225 Derby st. FUN,FUN & EASY. If you don't want to cook just go down to the restaurant and eat or bring your dinner up to your condo in your elevator and you never have to go outside ..if there's bad weather. Owners moving to Fl. full time..

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,346 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 0.91 Acres
    Details
    • Parcel number: SALEM34L0446S907

    Construction

    Type & style
    • Home type: Condo
    Materials
    • steel
    • Roof: Asphalt
    Condition
    • Year built: 2004

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $425 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $514/sqft
    • Tax assessed value: $559,100
    • Annual tax amount: $6,340

    Price history

    DateEventPrice
    10/5/2015Listing removed$469,900$349/sqft
    Source: SoldOnMLS.com #71833048 Report a problem
    6/12/2015Pending sale$469,900+2.6%$349/sqft
    Source: SoldOnMLS.com #71833048 Report a problem
    6/8/2015Sold$458,000-2.5%$340/sqft
    Source: Public Record Report a problem
    5/9/2015Listed for sale$469,900+0.1%$349/sqft
    Source: SoldOnMLS.com #71833048 Report a problem
    2/13/2015Listing removed$469,600$349/sqft
    Source: SoldOnMLS.com #71663331 Report a problem
    10/24/2014Price change$469,600-0.1%$349/sqft
    Source: SoldOnMLS.com #71663331 Report a problem
    9/25/2014Price change$469,900-1.9%$349/sqft
    Source: SoldOnMLS.com #71663331 Report a problem
    5/21/2014Price change$479,000+2.1%$356/sqft
    Source: SoldOnMLS.com #71663331 Report a problem
    4/29/2014Pending sale$469,000$348/sqft
    Source: SoldOnMLS.com #71663331 Report a problem
    4/19/2014Listed for sale$469,000+3.1%$348/sqft
    Source: SoldOnMLS.com #71663331 Report a problem
    12/17/2013Listing removed$455,000$338/sqft
    Source: Cooperstone Real Estate Group, LLC #71587831 Report a problem
    11/20/2013Price change$455,000-5%$338/sqft
    Source: Cooperstone Real Estate Group, LLC #71587831 Report a problem
    11/12/2013Price change$479,000+4.4%$356/sqft
    Source: Cooperstone Real Estate Group, LLC #71587831 Report a problem
    8/14/2013Listed for sale$459,000+15%$341/sqft
    Source: Owner Report a problem
    8/4/2005Sold$399,000$296/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,340 +2.6%$559,100 +5.2%
    2024$6,177 -10.7%$531,600 -3.9%
    2023$6,918 $553,000
    2022$6,918 -0.3%$553,000 +10%
    2021$6,939 -1.7%$502,800 +2.9%
    2020$7,059 +3.6%$488,500 +8.3%
    2019$6,813 +1.7%$451,200 +3.6%
    2018$6,698 +0.3%$435,500 +3.4%
    2017$6,680 +2%$421,200 +0.7%
    2016$6,552 -2.4%$418,100 +2.2%
    2015$6,710 -1.9%$408,900
    2014$6,841 +28.8%$408,900 +20.4%
    2012$5,310 +0.7%$339,700 -3%
    2011$5,272 +3.3%$350,300 -3.8%
    2010$5,102 +6.4%$364,200 -1.9%
    2009$4,797 +7.9%$371,300 -2.6%
    2008$4,447 +5.9%$381,100 -2.2%
    2007$4,198 $389,800
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $692,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $692,100