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114 Margin St # 2, Salem MA 01970

Salem, MA 01970
$638,500
2
Beds
2
Baths
1,226
Sq Ft
$521
Price/Sq Ft
1870
Year Built
2
Parking
3
Days on Market
Closed Listed Jan 13, 2022 • MLS# 72933694 Copied! • Updated Feb 25, 2022

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $638,500
Difference: +$89,500 (+16.3%)
Performance Metrics
116.3%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $448
Sale $/sq ft: $521
This property sold for $521 per square foot
Sale Summary

This property sold for 16.3% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property
$521/sq ft
Area Average
$176/sq ft
Difference
+195.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Not much can be written that will come close to doing justice to this amazing loft style condo. If I didn't feel guilty for not doing my job, I would just let the pictures speak for themselves. I guess maybe I should point out that this is truly a one of a kind, unique condo? Should I point out that it feels like you are in SoHo? Let's see....super high, soaring ceilings? Obviously you can see that when the work was done this was converted from a garage and the owners used the old garage doors to make walls. May as well point out that you can see the split ducts which do heat and central air. Oh, I can add some value: there is heat in flooring in bathroom (can't tell that in the pictures). Yes, amazing bathrooms with attention to detail you rarely see. I know, there is a ton of light in here. And yes, the pictures do show that there is room for two cars within the fence or great patio area. Aha, I have it! This was completely renovated in 2019! Finally, I added some value

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

21%
Price Range
5
Total Days on Market

Property Timeline

Current Active Listing - MLS #73549827
Full transaction history available when tracking began
🏡
Currently Listed
Jul 15, 2026
$695,000
MLS #73549827 - Active
Sold
Feb 23, 2022
$638,500
Property sold
Days on Market: 5
🏠
Listed for Sale
Jan 13, 2022
$549,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Tax History

Year Taxes Assessment
2022 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2022
Assessed Value
$0

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1870
Living Area 1,226 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Ductless
Cooling Ductless
Flooring Tile, Concrete
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry First Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Porch, Patio - Enclosed
Pool None
Spa None
Fencing Security
Patio/Porch Porch, Patio - Enclosed
Features Off Street
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax 0.00
Assessed Value 0.00

HOA & Community

Fee Includes None
Amenities None
Optional Fee Includes None
Pets Yes
Seller Disclosures No Condo Fee. Units Split Master Insurance, Which Is $1, 763 Per Year. All Utilities And Maintenance Separate.
Possession None
Accepted Financing None
Structure Type ["Detached"]
Unit/Building 2
Sq Ft Source Unit Floor Plan
Documents None
County Essex
Total market time (incl. prior listings) 5 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1870
Bedrooms
2
Full Bathrooms
2
Living Area
1,226 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Room Details

First Floor

Bathroom1
Kitchen
Bathroom2
Bedroom2
Living Room
Master Bedroom

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom3
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Tile, Concrete
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1870
Structure Type: Detached
Exterior Materials: Brick
Roof: Rubber
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: Porch, Patio - Enclosed
Patio & Porch: Porch, Patio - Enclosed
Fencing: Security
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:
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

9 schools
The Phoenix School
0.7 mi
Grades PK-08
The Greenhouse School
1.3 mi
Grades PK-08
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
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
B
Witchcraft Heights School
1.1 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
Carlton School
1.2 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
1.3 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.3 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
1.4 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
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
H

High Schools

2 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
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Location

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Neighborhood

114 Margin St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Office Phone 978-808-8064
Agent MLS ID TEAM0226
Office MLS ID C95279
Listing Data Updated Feb 25, 2022 8:30 AM EST
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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