12 Savoy Rd, Salem MA 01970

Salem, MA 01970 • Osgood Park
$1,012,500
Est. $5,389/month
6
Beds
2.5
Baths
2,850
Sq Ft
$355
Price/Sq Ft
0.12
Acres
1920
Year Built
Single Family Residence
Type
4
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73354951

About this home

Experience a rare opportunity with this extraordinary home in Salem, available for the first time in decades. Located in the sought after Osgood Park neighborhood, this meticulously cared-for residence boasts original hardwood floors, intricate moldings, charming built-ins, and stunning stained glass windows. The spacious layout includes 6 bedrooms, a versatile finished lower level and a grand enclosed front porch - a floor plan that feels just right for today's living. Natural light pours in through oversized windows, offering water views in select rooms. As a resident of the Osgood Park neighborhood, you'll enjoy exclusive access to a private beach and dock, just waiting for summertime enjoyment. This home offers historic charm and the most convenient setting, so close to bustling downtown Salem, the university and Marblehead - a perfect spot for creating lasting memories. 12 Savoy is offered today for your consideration. Offers, if any, reviewed Wed, April 9, at 4pm.

Sale Statistics

Sale Overview
Original List Price: $925,000
Final Sale Price: $1,012,500
Difference: +$87,500 (+9.5%)
Performance Metrics
109.5%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $325
Sale $/sq ft: $355
This property sold for $355 per square foot
Sale Summary

This property sold for 9.5% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1920
Bedrooms
6
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,850 sq ft
Total Rooms
10

Interior Features

Flooring
Wood, Laminate
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Interior Features
Bedroom, Walk-up Attic
Laundry Features
In Basement, Gas Dryer Hookup, Washer Hookup
Basement Details
Full, Partially Finished, Walk-Out Access, Interior Entry, Bulkhead
Window Features
Insulated Windows, Storm Window(s), Screens
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Other
Exterior Features
Porch - Enclosed, Deck, Deck - Wood, Rain Gutters, Screens, Fenced Yard
Patio/Porch Features
Porch - Enclosed, Deck, Deck - Wood
Fencing
Fenced
Has Spa
No
Waterfront Features
Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Association)
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,415 sq ft
Lot Size Area
0.1200
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
7
Parking Features
Paved Drive, Off Street, Tandem, Deeded

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service
Security Features
Security System

Community & HOA

Subdivision
Osgood Park
Community Features
Public Transportation, Shopping, Park, Medical Facility, Public School, University
HOA
Yes
HOA Fee
$200
HOA Fee Frequency
Annually
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,206
Tax Year
2025
Tax Assessed Value
$811,800
Parcel Number
M:32 L:0411,2134507
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Listing Terms
Contract

Location

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Neighborhood

Osgood Park

12 Savoy Rd, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

High School
Salem Hs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $767
Homeowners Insurance $200
HOA Fee $200
PMI $0

Property History

Market Insights

8.6%
Price Range
7
Total Days on Market

Property Timeline

Sold
Apr 28, 2025
$1,012,500
Property sold
Days on Market: 7
🏠
Listed for Sale
Apr 4, 2025
$925,000
Original listing
Agent: Karen M. Hanson Office: Engel & Volkers By the Sea

Price & Status History

Date Event Price Change
Apr 4, 2025 New Listing Added $925,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$355

Tax History

Year Taxes Assessment
2025 $9,206 $811,800

Financial Details

Annual Property Tax
$9,206
Tax Year 2025
HOA Fee
$200
Annually
Assessed Value
$811,800

Listing Information

Listing Agent Karen M. Hanson
Listing Office Engel & Volkers By the Sea
Agent MLS ID BB900881
Office MLS ID AN4733

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