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112 Margin Street

112 Margin Street, Salem, MA 01970
Condo in South Salem
112 Margin Street is a condo located in South Salem, Salem. The building was first built in 1870 and is 156 years old. In total, 112 Margin Street has a total floor area of 4,823 square feet. 112 Margin Street has a total of 200 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 5 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 57 days Meaning, listings tend to sell at a median of $356 price per square foot. The transaction that took the longest to complete was unit 1, listed on Apr 27, 2023 for $649,900. This particular unit ultimately sold 89 days later for $635,000. The most recent transaction was for unit 1, which was first advertised on Apr 27, 2023, sold for $635,000 on Jul 25, 2023. Fun fact, the oldest transaction we have on record took place on Apr 09, 2003. See the full transaction history for 112 Margin Street below.

South Salem, where 112 Margin Street is located, has a median asking price of $499,900 for condo buildings. Meanwhile, the building itself has a median asking price of $625,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Waterfront

Beach Front
Access to Beach

Parking

Off Street Parking
Assigned Parking
Paved Parking
Private Parking

Location

Corner Lot
Near Public Transit

Driveway

Driveway

Facilities

Laundry Room

Pet Policy

Dogs Allowed / Cats Allowed

6 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230420 Unit 2
04/20/2023
2
3 Bed
3 Bath
-
$635,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
EdVantage Home Group
RE/MAX Platinum
20230427 Unit 1
04/27/2023
1
3 Bed
3 Bath
1756 ft²
$649,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1756 ft²
$635,000 -2.29%
07/25/2023
Lorraine Gately
Chinatti Realty Group, Inc.
20210420 Unit 1
04/20/2021
1
3 Bed
3 Bath
1756 ft²
$625,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1756 ft²
$632,500 +1.20%
06/16/2021
Rahel Choi
eXp Realty
20190418 Unit 1
04/18/2019
1
3 Bed
2 Bath
1756 ft²
$529,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1756 ft²
$510,000 -3.59%
06/14/2019
Pam McKee Team
Keller Williams Realty Evolution
20190327 Unit 2
03/27/2019
2
3 Bed
3 Bath
1510 ft²
$489,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1510 ft²
$489,000
05/03/2019
EdVantage Home Group
RE/MAX Platinum
19981029
10/29/1998
2 Bed
-
2158 ft²
$149,900
bedrooms
2 Bed
bathrooms
-
square feet
2158 ft²
$138,000 -7.94%
03/30/1999
Marie Bishop
LAER Realty Partners


Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,314
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,097
  • Gross Building Area: 4,823
  • Building Area: 2,097
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,097
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Salem School District
  • Census Tract: 204200

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:25 L:0641
  • Lot: 641
  • Municipality: SALEM
  • Latitude: 42.5162
  • Longitude: -70.8972

    Address

  • Full Address: 112 Margin St
  • Address - House Number: 112
  • Address - Street Name: Margin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C037
  • 4-Digit Zip Code: 3339
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $587,800

    Appraisal Valuation

  • Standard Deviation: 0.0977
  • Valuation Date: May 13, 2020
  • Confidence Score: 95
  • Final Value: 522,409
  • High Value: 573,458
  • Low Value: 471,359

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $389,300
  • Assessed Land Value: $111,900
  • Assessed Improvements Value: $277,400

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180629001410
  • Previous Sale Recording Date: Apr 09, 2003
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
  • Previous Mortgage Transaction Date:
  • Previous Mortgage Loan Amount:
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About South Salem



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Frequently Asked Questions

What neighborhood is 112 Margin Street located in?
The 112 Margin Street is a condo located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 112 Margin Street?
The average sales price for units in 112 Margin Street is $625,000 , or $356/sqft. currently.