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104 Bridge St # 5, Salem MA 01970

Salem, MA 01970
$440,000
Est. $3,028/month
1
Beds
1.5
Baths
732
Sq Ft
$601
Price/Sq Ft
0.16
Acres
1850
Year Built
28
Days on Market
Closed Listed Feb 12, 2025 • MLS# 73334550 Copied!

About this home

This beautifully detached condo, fully gut-renovated in 2018, offers modern living with all the charm of Salem. Perfect for first-time homebuyers or those looking to downsize, this 1-bedroom, 1.5-bathroom home boasts two floors of spacious living. The updated kitchen features marble countertops and stainless steel appliances, while the open-concept layout is perfect for relaxing or entertaining. Upstairs, enjoy a generous bedroom and modern, convenient bathroom. Additional perks include a private parking spot, in-unit laundry, extra storage space, access to a shared outdoor common patio, and pet-friendly policies. Ideally located one minute from Collins Cove Beach and across the street from walking trails, you are an easy walk from Downtown Salem, Salem MBTA (Commuter Rail) and Salem Common. This home blends privacy and convenience, making it a rare find in a prime location. Schedule a tour today and experience the best of Salem living!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
732 sq ft
Total Rooms
3
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $470,000
Final Sale Price: $440,000
Difference: $30,000 (-6.4%)
Performance Metrics
93.6%
List to Sale Ratio
Sold below asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $642
Sale $/sq ft: $601
This property sold for $601 per square foot
Sale Summary

This property sold for 6.4% below the original asking price.

With only 28 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property
$601/sq ft
Area Average
$391/sq ft
Difference
+53.5%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 732 sq ft
Lot Size 0.16 acres
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 3

Interior

Heating Electric, Ductless
Cooling Ductless
Flooring Tile, Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer/dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, First Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Assigned, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $4,902
Assessed Value $432,300

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer/Dryer
Interior Features:
Windows:
Basement: N
Laundry: Electric Dryer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1850
Effective Year (Renovated): 2018
Structure Type: Detached
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Electric, Ductless
Heating Zones: 2
Cooling: Ductless
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Paved

Location

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Neighborhood

104 Bridge St # 5, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $409
Homeowners Insurance $200
HOA Fee $195/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.1%
Price Range
29
Total Days on Market

Property Timeline

Sold
May 1, 2025
$440,000
Property sold
Days on Market: 29
🏠
Listed for Sale
Feb 12, 2025
$445,000
Original listing
Office: Rise Signature Homes

Price & Status History

Date Event Price Change
Feb 12, 2025 New Listing Added $445,000

Market Statistics

Days on Market
28 days
Price per Sq Ft
$601

Tax History

Year Taxes Assessment
2025 $4,902 $432,300

Financial Details

Annual Property Tax
$4,902
Tax Year 2025
HOA Fee
$195
Monthly
Assessed Value
$432,300

Listing Information

Listing Office Rise Signature Homes
Agent MLS ID CN219114
Office MLS ID AN8910
Listing Data Updated May 1, 2025 4:57 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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