225 Derby Street, Unit 505

Salem, MA 01970

$575,000
Last Sold Price
2
Beds
1
Bath
1
1/2 Bath
1,630 Sq. Ft.
$353 / Sq. Ft.
1,630
Sq. Ft.
$353
per Sq. Ft.

Description

The best of downtown Salem! Fifth floor condo unit in the Salem Waterfront Hotel. Enjoy all the amenities of a full service hotel, including indoor pool, fitness room, elevator and parking, with the comforts and luxuries of home. This 1,630 square foot constructed (2004) residence includes a gas fireplaced living room, spacious kitchen, two full baths, a large master bedroom suite with full bath and walk-in closet and laundry in-unit. Stunning aerial views of downtown Salem, the harbor and the Friendship...The best of downtown Salem! Fifth floor condo unit in the Salem Waterfront Hotel. Enjoy all the amenities of a full service hotel, including indoor pool, fitness room, elevator and parking, with the comforts and luxuries of home. This 1,630 square foot constructed (2004) residence includes a gas fireplaced living room, spacious kitchen, two full baths, a large master bedroom suite with full bath and walk-in closet and laundry in-unit. Stunning aerial views of downtown Salem, the harbor and the Friendship sloop. Conveniently located in the heart of Pickering Wharf, close to restaurants, shops and the Salem Ferry. Don’t miss this opportunity!
  1. Listed by Mary Stewart & Heather Kaznoski • Coldwell Banker Realty - Marblehead
  2. Listed by Heather Kaznoski • Coldwell Banker Realty - Marblehead

Property Details for 225 Derby Street, Unit 505

Town
Salem
Area
MA-Salem
Style
Garden
Garage Spaces
0
Parking Spaces
1.00
Parking Spaces Total
1

Location

Listing Courtesy of Coldwell Banker Realty - Marblehead, Mary Stewart & Heather Kaznoski; Coldwell Banker Realty - Marblehead, Heather Kaznoski

Sold By Seaport Realty, Richard Jagolta

Add your commute
LISTING UPDATED: 04/14/2022 07:14 AM

Property Details for 225 Derby Street, Unit 505

StatusSold
MLS #71817260
Days on Market50
Taxes$9,168 / year
HOA Fees$535 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built2004
CountyEssex County

Location

Listing Courtesy of Coldwell Banker Realty - Marblehead, Mary Stewart & Heather Kaznoski; Coldwell Banker Realty - Marblehead, Heather Kaznoski

Sold By Seaport Realty, Richard Jagolta

Add your commute

Building Information for 225 Derby Street, Unit 505

Building/Complex225 Derby StFloor5Stories1Residences17Pet PolicyAllowedYear Built2004

Payment Calculator

$4,437 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$764

HOA Dues

$535

The Payment Calculator is for illustrative purposes only.

Property Information for 225 Derby Street, Unit 505

General Details
Property Details
  • Association Amenities: Elevator(s)
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, House of Worship, Marina, Private School, Public School, University
  • Current Financing: Conv. ARM
  • Living Area: 1630.0
  • Total Units: 17
  • Type of Condo: Condo
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Public
  • High School: Public
  • Middle School: Public
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Gas Water Heater
  • Basement Features: N
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • DoorFeatures: Insulated Doors
  • FireplaceFeatures: Living Room
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Carpet
  • Interior Features: Intercom, Indoor Pool
  • Laundry Features: Closet/Cabinets - Custom Built, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Other Equipment: Intercom
  • Primary Bath: Yes
  • Window Features: Insulated Windows
Exterior Features
  • Exterior Features: Other (See Remarks)
  • Exterior Features: City View(s), Pool - Inground, Other (See Remarks)
  • Pool Features: Association, In Ground, Indoor
  • Roof Material: Shingle
  • Structure Type: Garden
  • View: City
  • View: Yes
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterview Features: Harbor, Ocean
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Assigned, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Assigned, Paved Driveway
  • Parking Features: Off-Street, Assigned, Paved Driveway
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 342.0
  • Room Primary Bedroom Features: Walk-In Closet(s),Flooring - Wall to Wall Carpet
  • Room Primary Bedroom Length: 18.0
  • Primary Bedroom Level: First Floor
  • Room Primary Bedroom Width: 19.0
Bedroom 2
  • Bedroom2 Area: 192.0
  • Bedroom2 Features: Closet,Flooring - Wall to Wall Carpet
  • Bedroom2 Length: 12.0
  • Bedroom2 Level: First
  • Bedroom2 Width: 16.0
Bathroom 1
  • Bathroom1 Area: 54.0
  • Bathroom1 Features: Bathroom - Half,Flooring - Stone/Ceramic Tile
  • Bathroom1 Length: 6.0
  • Bathroom1 Level: First
  • Bathroom1 Width: 9.0
Bathroom 2
  • Bathroom2 Area: 104.0
  • Bathroom2 Features: Bathroom - Full,Flooring - Stone/Ceramic Tile
  • Bathroom2 Length: 8.0
  • Bathroom2 Level: First
  • Bathroom2 Width: 13.0
Kitchen
  • Kitchen Area: 130.0
  • Kitchen Features: Flooring - Wood
  • Kitchen Length: 10.0
  • Kitchen Level: First
  • Kitchen Width: 13.0
Laundry
  • Laundry Dimen: 5X9
Living Room
  • Room Living Room Area: 462.0
  • Room Living Room Features: Flooring - Wood
  • Room Living Room Length: 21.0
  • Room Living Room Level: First
  • Room Living Room Width: 22.0
Property Information
Property Info
  • UFFI: No
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 4555030
  • Assessments: $558,700
  • Book: 28054
  • Tax Year: 2015
  • Zoning: B5
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 1
Other Building Characteristics
  • Accessibility Features: Accessible Entrance
  • Heat Zones: 1
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds
  • Complex Complete: Yes
  • Management: Professional - On Site
  • Association Security: Intercom
Unit Information
Unit Information
  • Unit Building: 505
  • Unit Floor Level Integer: 5.0
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 225 Derby Street, Unit 505

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 225 Derby Street, Unit 505

Taxable ValueLand-Additions$643,600Total-
Tax Record2024$7,479 ($623 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,630 SqFtAbove Grade Finished SqFt1,630 SqFtLot Size39,648 SqFtStyleCondominiumYear Built2004ZoningB5CountyESSEXAPNSALE M:34 L:0446 S:906Fireplace TypeHas Fireplace

Schools near 225 Derby Street, Unit 505

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 8
Rating
School
Distance
Carlton Elementary School
PublicK to 5

Horace Mann Laboratory
PublicK to 5

Bates Elementary School
PublicK to 5

Saltonstall School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty - Marblehead, Mary Stewart & Heather Kaznoski; Coldwell Banker Realty - Marblehead, Heather Kaznoski

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.