Seller's Agent in 2025
Judith Zissulis
Keller Williams Realty Evolution
(781) 417-9779
1 in this area
31 Total Sales
225 Derby St Unit 608 Salem, MA 01970
Downtown Salem Neighborhood
2
Beds
2
Baths
1,455
Sq Ft
0.91
Acres
Highlights
- Harbor Views
- Forced Air Heating and Cooling System
- 5-minute walk to National Park Service
- Security Service
About This Home
As of December 2020A fabulous lifestyle awaits you at this stunning corner penthouse residence at the celebrated Waterfront Hotel at Pickering Wharf. This luxury 1455 sq.ft. 2 bedroom, 2 bath unit features master suite with walk in closet, designer granite/stainless kitchen, open floor plan, cathedral ceilings, sunny living/ dining room with gas fireplace, deeded parking Juliet balcony. You will enjoy the wonderful hotel amenities including indoor heated pool and health club and easy access to the bar and restaurant. Close to the historic downtown, the Peabody Essex Museum, train and ferry to Boston, boating, fishing, fine dining, boutique shopping and night life. Everything is within reach at 225 Derby Street!
Co-Listed By
Betsy Merry
MerryFox Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,024
Year Built
- Built in 2004
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Harbor Views
- Laminate Flooring
- Year Round Access
Listing and Financial Details
- Assessor Parcel Number M:34 L:0446 S:918
Community Details
Pet Policy
- Call for details about the types of pets allowed
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2020
Closed on
Dec 1, 2020
Sold by
Mulligan Hugh F and Mulligan Katherine
Bought by
Paquette Michelle-Rae
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Judith Zissulis
Keller Williams Realty Evolution
List Price
$609,000
Sold Price
$575,000
Premium/Discount to List
-$34,000
-5.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$125,000
Outstanding Balance
$112,598
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$610,725
Purchase Details
Listed on
Apr 10, 2017
Closed on
Mar 9, 2017
Sold by
Decareau Donald J
Bought by
Mulligan Hugh F and Mulligan Katherine
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
Sold Price
$2,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Purchase Details
Closed on
Mar 28, 2007
Sold by
Salem Wat Hotel & Suite
Bought by
Decareau Donald J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $575,000 | None Available | |
| Not Resolvable | $545,000 | -- | |
| Deed | $568,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,000 | New Conventional | |
| Previous Owner | $374,000 | No Value Available | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $33,500 | No Value Available | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Price Changed | $709,900 | 0.0% | $488 / Sq Ft |
| 09/19/2025 09/19/25 | For Sale | $709,900 | -2.7% | $488 / Sq Ft |
| 09/09/2025 09/09/25 | Pending | -- | -- | -- |
| 08/07/2025 08/07/25 | For Sale | $729,900 | +26.9% | $502 / Sq Ft |
| 12/02/2020 12/02/20 | Sold | $575,000 | -3.8% | $395 / Sq Ft |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- |
| 10/07/2020 10/07/20 | Price Changed | $598,000 | -1.8% | $411 / Sq Ft |
| 09/07/2020 09/07/20 | For Sale | $609,000 | 0.0% | $419 / Sq Ft |
| 09/04/2019 09/04/19 | Rented | $2,500 | 0.0% | -- |
| 08/30/2019 08/30/19 | Under Contract | -- | -- | -- |
| 08/19/2019 08/19/19 | Price Changed | $2,500 | -3.8% | $2 / Sq Ft |
| 08/16/2019 08/16/19 | For Rent | $2,600 | 0.0% | -- |
| 04/27/2018 04/27/18 | Rented | $2,600 | 0.0% | -- |
| 04/15/2018 04/15/18 | Price Changed | $2,600 | -3.7% | $2 / Sq Ft |
| 04/06/2018 04/06/18 | Price Changed | $2,700 | -3.6% | $2 / Sq Ft |
| 01/29/2018 01/29/18 | For Rent | $2,800 | 0.0% | -- |
| 04/22/2017 04/22/17 | Rented | $2,800 | 0.0% | -- |
| 04/16/2017 04/16/17 | Under Contract | -- | -- | -- |
| 04/10/2017 04/10/17 | For Rent | $2,800 | 0.0% | -- |
| 03/09/2017 03/09/17 | Sold | $545,000 | -0.7% | $375 / Sq Ft |
| 01/24/2017 01/24/17 | Pending | -- | -- | -- |
| 01/03/2017 01/03/17 | Price Changed | $549,000 | -5.2% | $377 / Sq Ft |
| 10/24/2016 10/24/16 | For Sale | $579,000 | +6.2% | $398 / Sq Ft |
| 09/08/2016 09/08/16 | Off Market | $545,000 | -- | -- |
| 02/22/2016 02/22/16 | For Sale | $579,000 | -- | $398 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,024 | $619,400 | $0 | $619,400 |
| 2024 | $6,826 | $587,400 | $0 | $587,400 |
| 2023 | $7,706 | $616,000 | $0 | $616,000 |
| 2022 | $7,415 | $559,600 | $0 | $559,600 |
| 2021 | $7,722 | $559,600 | $0 | $559,600 |
| 2020 | $7,851 | $543,300 | $0 | $543,300 |
| 2019 | $7,710 | $510,600 | $0 | $510,600 |
| 2018 | $7,581 | $492,900 | $0 | $492,900 |
| 2017 | $7,472 | $471,100 | $0 | $471,100 |
| 2016 | $7,327 | $467,600 | $0 | $467,600 |
| 2015 | $7,657 | $466,600 | $0 | $466,600 |
Source: Public Records
Agents Affiliated with this Home
-
Judith Zissulis
-
Merry Fox Team
M
Seller's Agent in 2020
Merry Fox Team
MerryFox Realty
60 in this area
266 Total Sales
-
B
Seller Co-Listing Agent in 2020
Betsy Merry
MerryFox Realty
-
Stephanie Curran
Seller's Agent in 2017
Stephanie Curran
William Raveis R.E. & Home Services
(617) 510-3120
46 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72721649
APN: SALE-000034-000000-000446-000918-000918
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