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Sold for $675,000
  • $675,000

    225 Derby St Unit 608, Salem, MA 01970

    2beds
    1,455sqft
    Condominium
    Built in 2004
    -- sqft lot
    $689,700 Zestimate®
    $464/sqft
    $3,547 Estimated rent

    Home value

    $689,700

    $628,000 - $759,000

    $3,547/mo

    Zestimate® history
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    What's special

    Gas fireplaceCorner penthousePatio accessCathedral ceilingsOpen floor planJuliet balconySpacious private bath
    Stylish Penthouse with Harbor Views! Live the good life at Pickering Wharf in this sleek 2BR/2BA corner penthouse at the celebrated Salem Waterfront Hotel. This luxurious sun-splashed unit offers a lovely open floor plan with cathedral ceilings, gas fireplace and Juliet balcony overlooking vibrant city and harbor views. The designer granite and stainless kitchen flows into the bright living and dining space—perfect for entertaining. The primary suite features a large walk-in closet and a spacious private bath. Enjoy exclusive hotel amenities including a heated indoor pool, on-site dining and bar and patio access . Units are rarely offered at this highly desirable complex and deeded parking is included. Moments from historic downtown Salem, the PEM, commuter rail, ferry to Boston, and the best in dining, shopping, and seaside charm. Welcome to 225 Derby Street—where every day feels like a getaway.

    Zillow last checked:

    Listing updated:

    Listed by:

    Judith Zissulis 781-417-9779,

    Keller Williams Realty Evolution 978-927-8700

    Bought with:

    Daniel Meegan

    J. Barrett & Company

    Source: MLS PIN,MLS#: 73415103

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Bathroom - Full, Closet - Linen, Walk-In Closet(s), Window(s) - Bay/Bow/Box, Double Vanity, Lighting - Overhead
    • Level: Main,First
    Bedroom 2
    • Features: Closet, Flooring - Laminate, Flooring - Wood, Window(s) - Bay/Bow/Box, Lighting - Overhead
    • Level: Main,First
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled
    • Level: Main,First
    Bathroom 2
    • Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Recessed Lighting
    • Level: Main,First
    Dining room
    • Features: Window(s) - Bay/Bow/Box, Recessed Lighting, Lighting - Overhead
    • Level: Main,First
    Kitchen
    • Features: Flooring - Laminate, Flooring - Wood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
    • Level: Main,First
    Living room
    • Features: Cathedral Ceiling(s), Flooring - Laminate, Flooring - Wood, Window(s) - Bay/Bow/Box, Balcony - Interior, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Slider, Crown Molding, Half Vaulted Ceiling(s)
    • Level: Main,First
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Unit Control
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer
    • Laundry: Laundry Closet, Flooring - Laminate, Flooring - Wood, Main Level, Gas Dryer Hookup, Recessed Lighting, Washer Hookup, In Unit
    Features
    • Wired for Sound, Internet Available - Broadband, Elevator
    • Flooring: Carpet, Wood Laminate
    • Doors: French Doors
    • Windows: Insulated Windows, Screens
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    • Common walls with other units/homes: No One Above,Corner
    Interior area
    • Total structure area: 1,455
    • Total interior livable area: 1,455 sqft
    • Finished area above ground: 1,455
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street, Deeded
    • Uncovered spaces: 1
    Features
    • Patio & porch: Patio, Covered
    • Exterior features: Patio, Covered Patio/Deck, Decorative Lighting, City View(s), Screens, Professional Landscaping, Sprinkler System
    • Pool features: Association, In Ground, Indoor
    • Has view: Yes
    • View description: City, Water, Canal, Dock/Mooring, Harbor, Marina, Ocean, Public Water View
    • Has water view: Yes
    • Water view: Canal,Dock/Mooring,Harbor,Marina,Ocean,Public,Water
    • Waterfront features: Waterfront, Ocean, Harbor, Dock/Mooring, Canal, Direct Access, Marina, Public, Harbor, Ocean, Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 0.91 Acres
    Details
    • Parcel number: M:34 L:0446 S:918,4641808
    • Zoning: B5
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Stone
    • Roof: Shingle
    Condition
    • Year built: 2004

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
    • Security: Intercom, Security System
    HOA
    • Amenities included: Pool, Elevator(s)
    • Services included: Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
    • HOA fee: $659 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $464/sqft
    • Tax assessed value: $619,400
    • Annual tax amount: $7,024
    • Date on market: 11/23/2025
    • Listing terms: Contract

    Price history

    DateEventPrice
    10/10/2025Sold$675,000-4.9%$464/sqft
    Source: MLS PIN #73415103 Report a problem
    10/1/2025Contingent$709,900$488/sqft
    Source: MLS PIN #73415103 Report a problem
    9/19/2025Listed for sale$709,900-2.7%$488/sqft
    Source: MLS PIN #73415103 Report a problem
    9/10/2025Contingent$729,900$502/sqft
    Source: MLS PIN #73415103 Report a problem
    8/7/2025Listed for sale$729,900+26.9%$502/sqft
    Source: MLS PIN #73415103 Report a problem
    12/3/2020Sold$575,000-3.8%$395/sqft
    Source: Public Record Report a problem
    11/5/2020Pending sale$598,000$411/sqft
    Source: Merry Fox Realty #72721649 Report a problem
    10/7/2020Price change$598,000-1.8%$411/sqft
    Source: Merry Fox Realty #72721649 Report a problem
    9/7/2020Listed for sale$609,000+1.5%$419/sqft
    Source: Merry Fox Realty #72721649 Report a problem
    9/1/2019Listing removed$2,500$2/sqft
    Source: Merry Fox Realty #72550881 Report a problem
    8/19/2019Price change$2,500-3.8%$2/sqft
    Source: Merry Fox Realty #72550881 Report a problem
    7/12/2019Listed for rent$2,600$2/sqft
    Source: Merry Fox Realty #72533511 Report a problem
    7/12/2019Listing removed$599,900$412/sqft
    Source: Merry Fox Realty #72519923 Report a problem
    7/1/2019Price change$599,900-1.5%$412/sqft
    Source: Merry Fox Realty #72519923 Report a problem
    6/17/2019Listed for sale$609,000+11.7%$419/sqft
    Source: Merry Fox Realty #72519923 Report a problem
    4/27/2018Listing removed$2,600$2/sqft
    Source: Merry Fox Realty #72275566 Report a problem
    4/17/2018Price change$2,600-3.7%$2/sqft
    Source: Merry Fox Realty #72275566 Report a problem
    4/6/2018Price change$2,700-3.6%$2/sqft
    Source: Merry Fox Realty #72275566 Report a problem
    1/29/2018Listed for rent$2,800$2/sqft
    Source: Merry Fox Realty #72275566 Report a problem
    4/17/2017Listing removed$2,800$2/sqft
    Source: Merry Fox Realty #72144004 Report a problem
    3/14/2017Listed for rent$2,800$2/sqft
    Source: Merry Fox Realty #72130521 Report a problem
    3/9/2017Sold$545,000-0.7%$375/sqft
    Source: Public Record Report a problem
    1/24/2017Pending sale$549,000$377/sqft
    Source: J. Barrett & Company #71961568 Report a problem
    1/3/2017Price change$549,000-5.2%$377/sqft
    Source: J. Barrett & Company #71961568 Report a problem
    10/24/2016Listed for sale$579,000$398/sqft
    Source: J. Barrett & Company #71961568 Report a problem
    9/8/2016Listing removed$579,000+1.9%$398/sqft
    Source: J. Barrett & Company #71961568 Report a problem
    3/28/2007Sold$568,000$390/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,024 +2.9%$619,400 +5.4%
    2024$6,826 -11.4%$587,400 -4.6%
    2023$7,706 $616,000
    2022$7,706 -0.2%$616,000 +10.1%
    2021$7,722 -1.6%$559,600 +3%
    2020$7,851 +1.8%$543,300 +6.4%
    2019$7,710 +1.7%$510,600 +3.6%
    2018$7,581 +1.5%$492,900 +4.6%
    2017$7,472 +2%$471,100 +0.7%
    2016$7,327 -4.3%$467,600 +0.2%
    2015$7,657 -8.5%$466,600 -6.7%
    2014$8,368 +14.3%$500,200 +6.7%
    2012$7,324 +0.7%$468,600 -3%
    2011$7,274 +3.2%$483,300 -4%
    2010$7,050 +6.4%$503,200 -1.9%
    2009$6,629 +7.8%$513,100 -2.7%
    2008$6,151 +23.1%$527,100 +13.6%
    2007$4,995 $463,800
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Collins Middle
    • High: Salem High & Charter

    Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $689,700
    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
    $689,700