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225 Derby St # 608, Salem MA 01970

Salem, MA 01970 • Downtown
$709,900
Est. $3,778/month
2
Beds
2
Baths
1,455
Sq Ft
$488
Price/Sq Ft
0.91
Acres
2004
Year Built
Condominium
Type
49
Days on Market
Active Price Drop -$20,000 Listed Sep 26, 2025 • MLS# 73415103

About this home

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.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2004
Bedrooms
2
Full Bathrooms
2
Living Area
1,455 sq ft
Total Rooms
4
Stories
1
Entry Level
6
Main Level Bedrooms
2

Interior Features

Flooring
Carpet, Wood Laminate
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air, Unit Control
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer
Interior Features
Wired for Sound, Internet Available - Broadband, Elevator
Laundry Features
Laundry Closet, Flooring - Laminate, Flooring - Wood, Main Level, Gas Dryer Hookup, Recessed Lighting, Washer Hookup, In Unit
Basement Details
N
Window Features
Insulated Windows, Screens
Door Features
French Doors

Exterior & Structure

Construction Materials
Brick, Stone
Roof
Shingle
Exterior Features
Patio, Covered Patio/Deck, Decorative Lighting, City View(s), Screens, Professional Landscaping, Sprinkler System
Patio/Porch Features
Patio, Covered
Has Spa
No
Pool Features
Association, In Ground, Indoor
View
City
Has View
Yes
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)
Waterfront Property
Yes

Lot & Land

Lot Size
0.91 acres
Lot Size
39,648 sq ft
Lot Size Area
0.9100

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Deeded

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Security Features
Intercom, Security System

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
HOA Fee
$659
HOA Fee Frequency
Monthly
Association Amenities
Pool, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,024
Tax Year
2025
Tax Assessed Value
$619,400
Parcel Number
M:34 L:0446 S:918,4566858
Zoning
B5

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
The Salem Waterfront Hotel And Suites
Common Walls
No One Above, Corner
Attached Property
Yes
Listing Terms
Contract

Location

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Neighborhood

Downtown

225 Derby St # 608, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Middle School
Collins Middle
Rating information coming soon
High School
Salem High & Charter
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $585
Homeowners Insurance $200
HOA Fee $659
PMI $0

Property History

Market Insights

2.7%
Price Range

Property Timeline

🏠
Listed for Sale
Aug 7, 2025
$729,900
Original listing
Office: Keller Williams Realty Evolution
🏠
Listed for Sale
Aug 7, 2025
$709,900
Original listing
Agent: Judith Zissulis Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Aug 7, 2025 New Listing Added $729,900 —
Aug 7, 2025 New Listing Added $709,900 —

Market Statistics

Days on Market
49 days
Price per Sq Ft
$488
Total Price Drop
-$20,000

Tax History

Year Taxes Assessment
2025 $7,024 $619,400

Financial Details

Annual Property Tax
$7,024
Tax Year 2025
HOA Fee
$659
Monthly
Assessed Value
$619,400

Listing Information

Listing Agent Judith Zissulis
Listing Office Keller Williams Realty Evolution
Agent MLS ID CT009716
Office MLS ID C95098

Similar Homes

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