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Atlanta, GA 30339
225 Derby St, Salem, MA, 01970
UNIT SIZE RANGE
1,151-1,706 sqft
225 Derby St is located in downtown Salem, near the intersection of Bridge Street and Boston Street. This building stands as a single-story low-rise condominium with waterfront views. The Saugus River provides an attractive backdrop. It offers close access to local points of interest like Pickering Wharf and the Peabody Essex Museum. The building consists of 16 units, ranging from 1,151 to 1,706 square feet. Units include 1 and 2 bedrooms, catering to diverse living needs. Prices range from $749,000 to $829,000. The average price per square foot sits at $464. Recent sales show a lowest sold price of about $675,000, indicating solid market value. Amenities support an active lifestyle. These include a heated indoor pool, fitness center, and a sauna. Outdoor spaces offer tennis courts and recreation facilities. For those who enjoy golf, access to nearby golf courses is available. Public transportation offers options for commuting to Boston. On-site parking is included for residents. Nearby roads and highways make traveling to surrounding areas straightforward. The building also has elevator access. The mixture of hotel amenities and community features creates a welcoming environment. With an average of 64 days on the market, units maintain good interest. Nearby public schools and entertainment venues like Brodies Seaport add to the locality's appeal. This property sits in a vibrant neighborhood, balancing comfort with city conveniences.
225 Derby St, Salem, MA, 01970
225 Derby St is located in downtown Salem, near the intersection of Bridge Street and Boston Street. This building stands as a single-story low-rise condominium with waterfront views. The Saugus River provides an attractive backdrop. It offers close access to local points of interest like Pickering Wharf and the Peabody Essex Museum. The building consists of 16 units, ranging from 1,151 to 1,706 square feet. Units include 1 and 2 bedrooms, catering to diverse living needs. Prices range from $749,000 to $829,000. The average price per square foot sits at $464. Recent sales show a lowest sold price of about $675,000, indicating solid market value. Amenities support an active lifestyle. These include a heated indoor pool, fitness center, and a sauna. Outdoor spaces offer tennis courts and recreation facilities. For those who enjoy golf, access to nearby golf courses is available. Public transportation offers options for commuting to Boston. On-site parking is included for residents. Nearby roads and highways make traveling to surrounding areas straightforward. The building also has elevator access. The mixture of hotel amenities and community features creates a welcoming environment. With an average of 64 days on the market, units maintain good interest. Nearby public schools and entertainment venues like Brodies Seaport add to the locality's appeal. This property sits in a vibrant neighborhood, balancing comfort with city conveniences.
225 Derby St is located in downtown Salem, near the intersection of Bridge Street and Boston Street. This building stands as a single-story low-rise condominium with waterfront views. The Saugus River provides an attractive backdrop. It offers close access to local points of interest like Pickering Wharf and the Peabody Essex Museum. The building consists of 16 units, ranging from 1,151 to 1,706 square feet. Units include 1 and 2 bedrooms, catering to diverse living needs. Prices range from $749,000 to $829,000. The average price per square foot sits at $464. Recent sales show a lowest sold price of about $675,000, indicating solid market value. Amenities support an active lifestyle. These include a heated indoor pool, fitness center, and a sauna. Outdoor spaces offer tennis courts and recreation facilities. For those who enjoy golf, access to nearby golf courses is available. Public transportation offers options for commuting to Boston. On-site parking is included for residents. Nearby roads and highways make traveling to surrounding areas straightforward. The building also has elevator access. The mixture of hotel amenities and community features creates a welcoming environment. With an average of 64 days on the market, units maintain good interest. Nearby public schools and entertainment venues like Brodies Seaport add to the locality's appeal. This property sits in a vibrant neighborhood, balancing comfort with city conveniences.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 605 | 1701 | 1 | 2 | 979 | 2010-05-26 MLS#: 70651387 | Closed | $710,000 | |
| 605 | 1706 | 2 | 2 | 207 | 2006-01-30 MLS#: 70221461 | Closed | $829,000 | |
| 501 | 1648 | 2 | 2 | 186 | 2005-03-15 MLS#: 70088767 | Closed | $749,000 |

2 Beds
2 Baths
1648 sqft
| Date | Status | Price |
|---|---|---|
| 2005-03-15 | Closed | $749,000 |

1 Beds
2 Baths
1701 sqft
| Date | Status | Price |
|---|---|---|
| 2010-05-26 | Closed | $710,000 |

2 Beds
2 Baths
1706 sqft
| Date | Status | Price |
|---|---|---|
| 2006-01-30 | Closed | $829,000 |
Elevator(s)
Pool
Security System
Tennis Court(s)
Storage
Balcony
The community’s policies are friendly for everyone, creating a welcoming environment in which you can feel right at home. With no major restrictions, you’ll enjoy the freedom to personalize your space while being part of a supportive and engaging neighborhood.
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 225 Derby St | $464/sqft. | $3 /sqft. |
| Salem Waterfront Condomiums | $464/sqft. | $3 /sqft. |
| 80 Wharf St | $364/sqft. | $4 /sqft. |
| 2 Hawthorne Blvd | $491/sqft. | $5 /sqft. |
| Union Street Condominium | $492/sqft. | $3 /sqft. |
| 11 Kosciusko Street | $291/sqft. | $6 /sqft. |
Derby Street/Waterfront District is a coastal area centered on the harbor. The area sits on the harbor with docks, a tree-lined boardwalk, and a small park. Small shops and seafood spots line the main streets, and art shops and weekly markets sell local goods and fresh food. The district has markets, cafes, and shops within short walks. It hosts summer concerts and a farmers market, and drivers use direct road links to nearby towns while buses and trains connect the area to nearby cities.
Derby Street/Waterfront District is a coastal area centered on the harbor. The area sits on the harbor with docks, a tree-lined boardwalk, and a small park. Small shops and seafood spots line the main streets, and art shops and weekly markets sell local goods and fresh food. The district has markets, cafes, and shops within short walks. It hosts summer concerts and a farmers market, and drivers use direct road links to nearby towns while buses and trains connect the area to nearby cities.
This neighborhood indicates a good mix of people which makes it a good place for families. About 16.08% are children aged 0–14, 21.35% are young adults between 15–29, 24.44% are adults aged 30–44, 18.11% are in the 45–59 range and 20.04% are seniors aged 60 and above. Commuting options are also varying where 62.33% of residents relying on driving, while others prefer public transit around 7.46%, walking around 10.3%, biking around 0.86%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 63.23% of units are rented and 36.77% are owner occupied. The neighborhood offers different household types. About 23.14% are single family homes and 3.88% are multi family units. Around 38.72% are single-person households, while 61.28% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 27.72% of residents have bachelor’s degrees. Around 18.53% have high school or college education. Another 4.84% hold diplomas while 20.96% have completed postgraduate studies. The remaining are 27.96% with other types of qualifications.
This neighborhood indicates a good mix of people which makes it a good place for families. About 16.08% are children aged 0–14, 21.35% are young adults between 15–29, 24.44% are adults aged 30–44, 18.11% are in the 45–59 range and 20.04% are seniors aged 60 and above. Commuting options are also varying where 62.33% of residents relying on driving, while others prefer public transit around 7.46%, walking around 10.3%, biking around 0.86%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 63.23% of units are rented and 36.77% are owner occupied. The neighborhood offers different household types. About 23.14% are single family homes and 3.88% are multi family units. Around 38.72% are single-person households, while 61.28% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 27.72% of residents have bachelor’s degrees. Around 18.53% have high school or college education. Another 4.84% hold diplomas while 20.96% have completed postgraduate studies. The remaining are 27.96% with other types of qualifications.
16.08%
21.35%
24.44%
18.11%
20.04%
7.46%
Transit
10.3%
Walk
62.33%
Drive
0.86%
Bike
36.77%
Owner Occupied
63.23%
Rental Units
Household:$6,329,782.81 /yr
Individual:$4,476,744.28 /yr