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Off market
    • Zillow Home logoZestimate®
    $723,500

    225 Derby St Unit 508, Salem, MA 01970

    2beds
    1,455sqft
    Condo
    Built in 2004
    -- sqft lot
    $723,500 Zestimate®
    $497/sqft
    $3,420 Estimated rent

    Home value

    $723,500

    $687,000 - $767,000

    $3,420/mo

    Zestimate® history
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    What's special

    Premier corner residence at the celebrated Salem Water Front Hotel. This luxury two bedroom two bath corner unit features an open floor plan, fireplaced living room, custom kitchen, new upgraded marble spa baths, master suite Juliet balcony and parking. Vacation year round and enjoy the fabulous amenities of pool and health club. Steps to waterfront, boating, beaches, train and ferry to Boston, boutique shopping, fine dining, museums and nightlife.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Cable Available, Intercom, Security System
    • Flooring: Tile, Hardwood, Laminate
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,455 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 0.91 Acres
    Details
    • Parcel number: SALEM34L0446S909

    Construction

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

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $45 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $497/sqft
    • Tax assessed value: $632,700
    • Annual tax amount: $7,175

    Price history

    DateEventPrice
    8/24/2020Sold$591,000-1.3%$406/sqft
    Source: Public Record Report a problem
    6/17/2020Listed for sale$598,900+9.1%$412/sqft
    Source: Merry Fox Realty #72674996 Report a problem
    8/15/2017Sold$549,000-3.5%$377/sqft
    Source: Agent Provided Report a problem
    5/24/2017Pending sale$569,000$391/sqft
    Source: Merry Fox Realty #72127098 Report a problem
    5/8/2017Price change$569,000-1.7%$391/sqft
    Source: Merry Fox Realty #72127098 Report a problem
    3/6/2017Listed for sale$579,000+5.5%$398/sqft
    Source: Merry Fox Realty #72127098 Report a problem
    8/12/2016Listing removed$549,000$377/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71990655 Report a problem
    5/19/2016Price change$549,000-3.5%$377/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71990655 Report a problem
    5/3/2016Price change$569,000-1.7%$391/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71990655 Report a problem
    4/20/2016Listed for sale$579,000+5.5%$398/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71990655 Report a problem
    4/21/2015Listing removed$549,000$377/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71813210 Report a problem
    4/9/2015Listed for sale$549,000$377/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71813210 Report a problem
    12/18/2014Listing removed$2,800$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71774545 Report a problem
    12/6/2014Listed for rent$2,800+12%$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71774545 Report a problem
    8/27/2013Listing removed$549,000$377/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71560479 Report a problem
    7/26/2013Listed for sale$549,000+14.6%$377/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71560479 Report a problem
    5/16/2012Listing removed$2,500$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71364704 Report a problem
    5/2/2012Listed for rent$2,500$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71364704 Report a problem
    11/10/2011Listing removed$479,000$329/sqft
    Source: Coldwell Banker Residential Brokerage - #71215003 Report a problem
    10/17/2011Price change$479,000-4%$329/sqft
    Source: Coldwell Banker Residential Brokerage - #71215003 Report a problem
    9/15/2011Price change$499,000-3.1%$343/sqft
    Source: Coldwell Banker Residential Brokerage - #71215003 Report a problem
    8/20/2011Price change$515,000-4.5%$354/sqft
    Source: Coldwell Banker Residential Brokerage - #71215003 Report a problem
    6/11/2011Price change$539,000-1.8%$370/sqft
    Source: Coldwell Banker Residential Brokerage - #71215003 Report a problem
    4/13/2011Listed for sale$549,000-1.1%$377/sqft
    Source: Coldwell Banker Residential Brokerage - HQ #71215003 Report a problem
    10/5/2005Sold$555,000$381/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,175 +4%$632,700 +6.6%
    2024$6,898 -8.6%$593,600 -1.6%
    2023$7,549 $603,400
    2022$7,549 -0.2%$603,400 +10.1%
    2021$7,564 -1.6%$548,100 +3%
    2020$7,689 -2.4%$532,100 +2%
    2019$7,875 +1.7%$521,500 +3.6%
    2018$7,742 +3.5%$503,400 +6.7%
    2017$7,483 +1.9%$471,800 +0.7%
    2016$7,340 -4.3%$468,400 +0.2%
    2015$7,670 -8.5%$467,400 -6.7%
    2014$8,378 +27.9%$500,800 +19.5%
    2012$6,549 +0.7%$419,000 -3%
    2011$6,503 +3.3%$432,100 -3.9%
    2010$6,297 +6.4%$449,500 -1.9%
    2009$5,921 +7.8%$458,300 -2.6%
    2008$5,491 +5.9%$470,500 -2.2%
    2007$5,183 $481,200
    Find assessor info on the county website

    Neighborhood: 01970

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    Estimated market value
    $723,500
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    Estimated market value
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