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114 Margin St # 2, Salem MA 01970

Salem, MA 01970
$695,000
Est. $4,430/month
2
Beds
2
Baths
1,226
Sq Ft
$567
Price/Sq Ft
0.13
Acres
1920
Year Built
2
Parking
1
Days on Market
Active Open House Listed Jul 15, 2026 • MLS# 73549827 Copied! • Updated Jul 16, 2026

Open House Schedule

18
Jul
Saturday, July 18
12:00 PM - 1:30 PM EDT
19
Jul
Sunday, July 19
11:00 AM - 12:30 PM EDT

About this home

Industrial cool meets modern comfort in this one-of-a-kind SOHO loft style stand alone condo created from a cleverly converted antique garage. Original garage doors have been reimagined as striking interior walls, while soaring 11-foot ceilings, exposed brick, and three sets of French doors flood the home with natural light and create an airy feel that's equal parts chic and inviting. The oversized kitchen is made for gathering, with room to cook, entertain, and spread out. Three mini-split systems keep the home comfortable year-round. The home offers 2 spacious bedrooms and 2 full baths, including a serene primary suite with a heated bathroom floor. Enter through a lush private patio that transforms into off-street parking—especially welcome during New England winters. If you've been searching for something stylish and unique, this distinctive loft offers the character of a historic building with the vibe of a downtown city retreat. Minutes from the center of town and the train.

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Recently Sold Nearby

Property History

Market Insights

8.1%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Jul 15, 2026
$695,000
Original listing
Agent: Michael Selbst Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #72933694
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 23, 2022
$638,500
MLS #72933694

Tax History

Year Taxes Assessment
2026 $7,110 $659,600

Financial Details

Annual Property Tax
$7,110
Tax Year 2026
HOA Fee
$123
Monthly
Assessed Value
$659,600

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,226 sq ft
Lot Size 0.13 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Ductless
Cooling Ductless
Flooring None
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Patio - Enclosed
Pool None
Spa None
Fencing Security
Patio/Porch Patio - Enclosed
Features None
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $7,110
Assessed Value $659,600

HOA & Community

HOA Fee $123 Monthly
Fee Includes Insurance
Amenities None
Optional Fee Includes None
Owner-Occupied Units 2
Down Payment Resource Eligible
Pets Yes
Seller Disclosures A Small Portion Of The Property Falls In A Flood Zone, Annual Insurance Is $715.05. Master Insurance Policy Is The Only Bill The 2 Units Share In Common; Otherwise They Act Like Independent Homes.
Possession None
Accepted Financing None
Structure Type ["Detached"]
Unit/Building 2
Sq Ft Source Public Record
Documents Master Deed, Floor Plans (2)
County Essex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
1,226 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type: Detached
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Ductless
Heating Zones: 3
Cooling: Ductless
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio - Enclosed
Patio & Porch: Patio - Enclosed
Fencing: Security
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features:
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

3 schools
B-
Saltonstall School
0.4 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
The Phoenix School
0.7 mi
Grades PK-08
C-
Horace Mann Laboratory School
0.9 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
C+
Collins Middle School
0.4 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Village School
1.8 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
2.2 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.6 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.0 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.8 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $593
Homeowners Insurance $200
HOA Fee $123/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

114 Margin St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Michael Selbst
Listing Office Gibson Sotheby's International Realty
Office Phone 978-526-0243
Agent MLS ID BB804690
Office MLS ID AN6133
Listing Data Updated Jul 16, 2026 9:52 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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