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Off market
  • $706,500

    225 Derby St Unit 602, Salem, MA 01970

    2beds
    2baths
    1,325sqft
    Apartment
    Built in 2004
    -- sqft lot
    $706,500 Zestimate®
    $533/sqft
    $3,089 Estimated rent

    Home value

    $706,500

    $671,000 - $742,000

    $3,089/mo

    Zestimate® history
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    $3,089/mo

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    Rent Zestimate®

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    $4,801/mo

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    $4,801/mo

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    What's special

    Stunning 2 bed, 2 bath updated penthouse condo for rent in the Salem Waterfront Hotel. The unit comes with one assigned parking spot, in unit laundry, and beautiful vaulted ceilings. Amenities include exercise room, heated pool, and restaurant! This location can't be beat being close to the train and only a half mile to the water taxi that brings you to Boston. It's also located in the heart of Salem, next to the waterfront and close to restaurants. Entrance to condo is on the side, please don't enter through the hotel. OPEN HOUSE SATURDAY 18TH 12-1:30PM! First, last, and security due at signing. Co-broke to collect their own commission directly from tenant.

    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
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Dryer, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,325 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.91 Acres
    Details
    • Parcel number: SALEM34L0446S912

    Construction

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

    Community & neighborhood

    Location
    • Region: Salem

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $466 monthly

    Price history

    DateEventPrice
    1/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/18/2023Listed for rent$3,400+13.3%$3/sqft
    Source: Zillow Rentals Report a problem
    9/27/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    9/17/2021Listed for rent$3,000+7.1%$2/sqft
    Source: Zillow Rental Manager Report a problem
    9/10/2021Sold$629,000+25.8%$475/sqft
    Source: MLS PIN #72868993 Report a problem
    10/16/2018Sold$500,000-7.4%$377/sqft
    Source: Public Record Report a problem
    8/10/2018Pending sale$539,900$407/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72360216 Report a problem
    7/11/2018Listing removed$2,800$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72338079 Report a problem
    7/11/2018Listed for sale$539,900+79.4%$407/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72360216 Report a problem
    6/1/2018Listed for rent$2,800+12%$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72338079 Report a problem
    2/6/2018Listing removed$2,500$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72266976 Report a problem
    10/20/2017Price change$2,500-10.7%$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72221097 Report a problem
    8/31/2017Listed for rent$2,800$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72221097 Report a problem
    5/20/2010Sold$301,000-8.4%$227/sqft
    Source: Public Record Report a problem
    10/1/2008Sold$328,755-23.5%$248/sqft
    Source: Public Record Report a problem
    4/28/2008Listing removed$429,900$324/sqft
    Source: MLS Property Information Network #70681372 Report a problem
    4/27/2008Price change$429,900-4.4%$324/sqft
    Source: MLS Property Information Network #70681372 Report a problem
    3/14/2008Price change$449,900-2.2%$340/sqft
    Source: MLS Property Information Network #70681372 Report a problem
    1/26/2008Listed for sale$459,900+1.1%$347/sqft
    Source: MLS Property Information Network #70681372 Report a problem
    2/1/2006Sold$455,000$343/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,807 +0.6%$600,300 +3.1%
    2024$6,767 -6.2%$582,400 +1%
    2023$7,213 $576,600
    2022$7,213 +2.1%$576,600 +12.7%
    2021$7,063 -1.8%$511,800 +2.8%
    2020$7,192 +6.9%$497,700 +11.7%
    2019$6,726 +1.7%$445,400 +3.6%
    2018$6,612 -0.9%$429,900 +2.2%
    2017$6,671 +2%$420,600 +0.7%
    2016$6,542 -4.4%$417,500 +0.1%
    2015$6,841 -1.9%$416,900
    2014$6,975 +12.3%$416,900 +4.9%
    2012$6,213 +3.4%$397,500 -0.4%
    2011$6,006 +3.2%$399,100 -3.9%
    2010$5,817 +6.4%$415,200 -1.9%
    2009$5,469 +7.8%$423,300 -2.6%
    2008$5,072 +6%$434,600 -2.2%
    2007$4,787 $444,500

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $706,500
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    Estimated market value
    $706,500