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$695,000 Just Listed
Property Description
Industrial cool meets modern comfort in this one-of-a-kind SOHO loft style stand alone condo created from a cleverly converted antique garage. Original garage doors have been reimagined as striking interior walls, while soaring 11-foot ceilings, exposed brick, and three sets of French doors flood the home with natural light and create an airy feel that's equal parts chic and inviting. The oversized kitchen is made for gathering, with room to cook, entertain, and spread out. Three mini-split systems keep the home comfortable year-round. The home offers 2 spacious bedrooms and 2 full baths, including a serene primary suite with a heated bathroom floor. Enter through a lush private patio that transforms into off-street parking-especially welcome during New England winters. If you've been searching for something stylish and unique, this distinctive loft offers the character of a historic building with the vibe of a downtown city retreat. Minutes from the center of town and the train.
Full Property Details
Full Property Details for 114 Margin St #2
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General
- Price: $695,000
- HOA FEE: $123/month
- Taxes: $7,110 (2026)
- Status: Active
- Type: Condo
- MLS ID: 73549827
- Updated: Today (7/15/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Essex
Structural Information
- Basement: Yes
- Stories/Levels: 1
- Square Feet: 1,226
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.13
Financial Considerations
- Association Fee: $123
- Tax Amount: $7,110
- Tax Year: 2026
Disclosures and Reports
- Disclosures/Rstr.: A small portion of the property falls in a flood zone, annual insurance is $715.05. Master insurance policy is the only bill the 2 units share in common; otherwise they act like independent homes.
- Property ID: M:0025 B:0500 L:0802, 5195625
Listed by Gibson Sotheby's International Realty, Michael Selbst
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Schools
Schools serving 114 Margin St #2
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 0.4 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 0.9 mi |
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 1.1 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 0.4 mi |
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970 | 9-12 | 0.5 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 1 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 1.2 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 114 Margin St #2
Date
Details
Price
Change
Source
7/15/2026
Listed
$695,000
8.85%
MLS
2/23/2022
Sold
$638,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 114 Margin St #2
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,285
2%
$642,400
4%
2024
$7,144
-3%
$614,800
5%
2023
$7,346
—
$587,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 114 Margin St #2
114 Margin St #2, Salem, MA 01970 (MLS# 73549827) is a Condo property with 2 bedrooms and 2 full bathrooms. 114 Margin St #2 is currently listed for $695,000 and was received on July 15, 2026. Want to learn more about 114 Margin St #2? Do you have questions about finding other Condo real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.
