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225 Derby St # 608, Salem MA 01970 - Preview 1 225 Derby St # 608, Salem MA 01970 - Preview 2 225 Derby St # 608, Salem MA 01970 - Preview 3 225 Derby St # 608, Salem MA 01970 - Preview 4 225 Derby St # 608, Salem MA 01970 - Preview 5 225 Derby St # 608, Salem MA 01970 - Preview 6 225 Derby St # 608, Salem MA 01970 - Preview 7 225 Derby St # 608, Salem MA 01970 - Preview 8 225 Derby St # 608, Salem MA 01970 - Preview 9 225 Derby St # 608, Salem MA 01970 - Preview 10 225 Derby St # 608, Salem MA 01970 - Preview 11 225 Derby St # 608, Salem MA 01970 - Preview 12 225 Derby St # 608, Salem MA 01970 - Preview 13 225 Derby St # 608, Salem MA 01970 - Preview 14 225 Derby St # 608, Salem MA 01970 - Preview 15 225 Derby St # 608, Salem MA 01970 - Preview 16 225 Derby St # 608, Salem MA 01970 - Preview 17 225 Derby St # 608, Salem MA 01970 - Preview 18 225 Derby St # 608, Salem MA 01970 - Preview 19 225 Derby St # 608, Salem MA 01970 - Preview 20 225 Derby St # 608, Salem MA 01970 - Preview 21 225 Derby St # 608, Salem MA 01970 - Preview 22 225 Derby St # 608, Salem MA 01970 - Preview 23 225 Derby St # 608, Salem MA 01970 - Preview 24 225 Derby St # 608, Salem MA 01970 - Preview 25 225 Derby St # 608, Salem MA 01970 - Preview 26 225 Derby St # 608, Salem MA 01970 - Preview 27 225 Derby St # 608, Salem MA 01970 - Preview 28 225 Derby St # 608, Salem MA 01970 - Preview 29 225 Derby St # 608, Salem MA 01970 - Preview 30 225 Derby St # 608, Salem MA 01970 - Preview 31 225 Derby St # 608, Salem MA 01970 - Preview 32 225 Derby St # 608, Salem MA 01970 - Preview 33 225 Derby St # 608, Salem MA 01970 - Preview 34 225 Derby St # 608, Salem MA 01970 - Preview 35 225 Derby St # 608, Salem MA 01970 - Preview 36 225 Derby St # 608, Salem MA 01970 - Preview 37 225 Derby St # 608, Salem MA 01970 - Preview 38 225 Derby St # 608, Salem MA 01970 - Preview 39

225 Derby St # 608, Salem MA 01970

Salem, MA 01970 • Downtown
$675,000
2
Beds
2
Baths
1,455
Sq Ft
$464
Price/Sq Ft
0.91
Acres
2004
Year Built
1
Parking
Condominium
Type
63
Days on Market
Sold Listed Aug 7, 2025 • MLS# 73415103 Copied! • Updated Oct 13, 2025

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $729,900
Final Sale Price: $675,000
Difference: $54,900 (-7.5%)
Performance Metrics
92.5%
List to Sale Ratio
Sold below asking price
63
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $502
Sale $/sq ft: $464
This property sold for $464 per square foot
Sale Summary

This property sold for 7.5% below the original asking price.

The property spent 63 days on market before selling.

Nearby Sales Comparison

Based on 46 similar properties sold within 0.5 miles in the last 90 days

This Property
$464/sq ft
Area Median
$472/sq ft
Difference
1.7%

This property sold near the area median for similar homes.

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.

BMN Estimate

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Recently Sold Nearby

Property History

Market Insights

4.9%
Price Range
64
Total Days on Market

Property Timeline

✓
Sold
Oct 10, 2025
$675,000
Property sold
Days on Market: 64
🏠
Listed for Sale
Aug 7, 2025
$709,900
Original listing
Agent: Judith Zissulis Office: Keller Williams Realty Evolution

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2004
Living Area 1,455 sq ft
Lot Size 0.91 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air, Unit Control
Flooring Carpet, Wood Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Energy Star Qualified Dryer, Energy Star Qualified Washer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Laundry Closet, Flooring - Laminate, Flooring - Wood, Main Level, Gas Dryer Hookup, Recessed Lighting, Washer Hookup, In Unit
Features Wired For Sound, Internet Available - Broadband, Elevator

Exterior

Construction Brick, Stone
Architecture None
Roof Shingle
Features Patio, Covered Patio/deck, Decorative Lighting, City View(s), Screens, Professional Landscaping, Sprinkler System
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch Patio, Covered
Features Off Street, Deeded
Total Spaces 1
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $7,024
Assessed Value $619,400

HOA & Community

HOA Fee $659 Monthly
Fee Includes Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Pool, Elevator(s)
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type ["Garden","High-Rise"]
Unit/Building 608
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (5)
County Essex
Total market time (incl. prior listings) 64 days

Property Overview

Property Type
Condominium
Listing Type
Sold
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

Floor Layout

Interior Features

Flooring: Carpet, Wood Laminate
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
Windows: Insulated Windows, Screens
Basement: N
Laundry: Laundry Closet, Flooring - Laminate, Flooring - Wood, Main Level, Gas Dryer Hookup, Recessed Lighting, Washer Hookup, In Unit
Security: Intercom, Security System

Construction & Materials

Year Built: 2004
Structure Type: Garden, High-Rise
Exterior Materials: Brick, Stone
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Covered Patio/Deck, Decorative Lighting, City View(s), Screens, Professional Landscaping, Sprinkler System
Patio & Porch: Patio, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Waterfront: Yes
Waterfront Type: 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)
View: Yes
View Type: City
Community Amenities: 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
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
1.1 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
C+
Saltonstall School
0.5 mi | #525 of 825 | Score: 43.9
Improved 43 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
C+
Bentley Academy Innovation School
0.8 mi | #531 of 825 | Score: 43.7
Improved 180 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.8 mi
107 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.8 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
1.4 mi | #319 of 825 | Score: 50.0
Improved 260 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
C
Horace Mann Laboratory School
1.4 mi | #654 of 825 | Score: 38.1
Improved 67 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.6 mi | #340 of 825 | Score: 49.4
Improved 210 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

1 school
B-
Collins Middle School
0.9 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.3 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.5 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Location

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Neighborhood

Downtown

225 Derby St # 608, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Judith Zissulis
Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID CT009716
Office MLS ID C95098
Listing Data Updated Oct 13, 2025 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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