114 Margin St, #2, Salem, MA 01970 Property Records

Essex County and Salem City property record for 114 Margin St, #2, Salem, MA 01970

Property Summary

Property TypeCondominium
Details2 bd · 1 ba · 1,226 sqft · built 1870
Lot Size0.134 acres (5,833 sqft)
Owner2 Individual Names on File
Last Sale$710,000 (Aug 2026)
Tax Bill$7,110 (2026)
Deeds & MortgagesAug 2026 Sale & Mortgage
Feb 2022 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APNSALEM:25L:0500S:802

Property Details

APN / Parcel Number

Primary APNSALEM:25L:0500S:802

Interior

Bedrooms2 Beds
Full Baths1 Bath
Total Rooms4 Rooms
Stories2 Stories
Building Area1,226 sqft Living Area

Exterior

Year BuiltBuilt 1870
Effective Year BuiltEffective 1995
Architectural StyleCondo/Apartment
Exterior MaterialWood Siding
Construction TypeFrame
Roof TypeGable
Roof MaterialAsphalt
Lot Area5,833 sqft (0.134 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Old Parcel NumberSALEM:25L:0500S:802
Street Address114 MARGIN ST, 2
CitySALEM
StateMA
Zip01970-3338
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning CodeR2
Legal Lot Number500
JurisdictionSALEM MA
Township / Civil DivisionSALEM
Census Block Group3
Census Block3018
Census Tract204200

Owner

114 Margin St, #2 is owned and occupied by two individuals who bought it in August 2026.

Source: Essex County and Salem City records, as of October 20, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record2 Individual Names on File
Mailing Address114 MARGIN ST, 2, SALEM, MA 01970-3338
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants with Right of Survivorship

Deeds, Mortgages & Sale History

DateDocument
Aug 20, 2026Condominium Deed, Transfer · Conventional Mortgage
SALEM FIVE MORTGAGE CORPORATION
Feb 23, 2022Quit Claim Deed, Transfer · Stand-Alone First Mortgage
FAIRWAY INDEPENDENT MORTGAGE CORP

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleAug 20, 2026 · Amount on File
Deed SaleAug 20, 2026 · Amount on File
Prior SaleFeb 23, 2022 · Amount on File
Deed Document Number20262090
Deed Book / Page43581 / 222
Record UpdatedOct 29, 2026

August 2026: Condominium Deed, Transfer

Document TypeCondominium Deed
JurisdictionSALEM MA
Recording DateAug 20, 2026
Property Address114 MARGIN ST, 2, SALEM, MA 01970-3338
Document Number0000002090
Book / Page43581 / 222
Instrument DateAug 7, 2026
Instrument20262090
Transaction TypeTransfer
Record UpdatedSep 9, 2026

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address114 MARGIN ST, 2, SALEM, MA 01970-3338

Mortgage

DateAug 20, 2026
Lender
NameSALEM FIVE MORTGAGE CORPORATION
Agreement
TypeConventional Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate
Rate5.88%
Initial TypeAdjustable Rate
Type Change DateSep 1, 2033
Index1-Year CMT
Margin3
Max Rate-1%

February 2022: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionSALEM MA
Recording DateFeb 23, 2022
Property Address114 MARGIN ST # 2, 2, SALEM, MA 01970-3338
Document Number0040745-76
Book / Page40745 / 76
Instrument DateFeb 23, 2022
Instrument20220223001950
Transaction TypeTransfer
Record UpdatedMar 7, 2023

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address114 MARGIN ST # 2, 2, SALEM, MA 01970-3338

Mortgage

Document Number220223001960
DateFeb 23, 2022
Instrument220223001960
Lender
NameFAIRWAY INDEPENDENT MORTGAGE CORP
TypeMortgage Company
Agreement
TypeStand-Alone First Mortgage
AmountAmount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 114 Margin St, #2 was $7,110, down 2.4% from the year before.

Source: Essex County and Salem City assessment roll, as of April 14, 2026

Property Jurisdictions

TypeName
StateMassachusetts
CountyEssex County
MunicipalitySalem City
Unified School DistrictSalem School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$7,110.00 (-2.4%)$659,600 (+2.68%) Building $657,800$657,440
2025$7,285.00 (+1.97%)$642,400 (+4.49%) Building $642,400
2024$7,144.00 (-2.75%)$614,800 (+4.7%) Building $614,800
2023$7,346.00$587,200 Building $587,200

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 114 Margin St, #2 in Zone X, an area of minimal flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective July 10, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies9 units insured
incl. 2 condo units

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 114 Margin St, #2 has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSALEM WATER DEPARTMENT
serves 44,480 people · EPA ID MA3258000
Water SourcePurchased surface water from SALEM AND BEVERLY WATER SUPPLY BOARD
Last State InspectionDec 2024

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 713 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 2,000
AT&T
Fixed Wireless
100 / 20

May also be available: T-Mobile, Verizon.

Nearby Properties on Margin St

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