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114 Margin Street

114 Margin Street, Salem, MA 01970
House in South Salem
Local assessors in Salem, MA have categorized 114 Margin Street as a type of property. The home was built in 1870 and is 156 years old. The property's lot size has been calculated to be 5,833 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 114 Margin Street has a total of 3,446 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 114 Margin Street sold most recently in Jan 1, 1970 for a total of $340,000. If you work out the math, that's approximately a cost of $98.67 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $937,400 in taxes each year. 114 Margin Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $707,500. If we break it down further, the land itself was valued at $128,600. Improvements to the property, however, were assessed at a total of $578,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
Tandem Parking
Detached Garage

Location

Corner Lot
Near Public Transit

Waterfront

Beach Front
Waterfront
Oceanfront
Access to Beach

Facilities

Laundry Room

Pet Policy

Dogs Allowed / Cats Allowed

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20260715 Unit 2
07/15/2026
2
2 Bed
2 Bath
1226 ft²
$695,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1226 ft²
$715,000 +2.88%
08/20/2026
Michael Selbst
Gibson Sotheby's International Realty
20220113 Unit 2
01/13/2022
2
2 Bed
2 Bath
1226 ft²
$549,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1226 ft²
$638,500 +16.30%
02/23/2022
Merry Fox Team
MerryFox Realty
20211209 Unit 1
12/09/2021
1
3 Bed
3 Bath
2091 ft²
$649,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2091 ft²
$644,000 -0.77%
01/27/2022
Pamela Coffin
MerryFox Realty
20141029
10/29/2014
3 Bed
1 Bath
2000 ft²
$389,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
2000 ft²
$340,000 -12.60%
03/25/2015
George Fallon
Tache Real Estate, Inc.


Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,122
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,833
  • Total Building Area: 3,446
  • Gross Building Area: 5,058
  • Building Area: 3,446
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,446
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Swampscott School District in Nahant (7-12)
  • School Tax School District: SALEM SD
  • Census Tract: 204200

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:25 L:0500
  • Lot: 500
  • Municipality: SALEM
  • Latitude: 42.5162
  • Longitude: -70.8977

    Address

  • Full Address: 114 Margin St
  • Address - House Number: 114
  • Address - Street Name: Margin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C037
  • 4-Digit Zip Code: 3338
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $937,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $707,500
  • Assessed Land Value: $128,600
  • Assessed Improvements Value: $578,900

    Sales

  • Current Sale Recording Date: Mar 25, 2015
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32500132
  • Previous Sale Recording Date: Mar 01, 2012
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About South Salem



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Frequently Asked Questions

What neighborhood is 114 Margin Street located in?
The 114 Margin Street is a house located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 114 Margin Street?
The average sales price for units in 114 Margin Street is $389,000 , or $195/sqft. currently.