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12 Varney St, Salem MA 01970

Salem, MA 01970
$399,900
Est. $2,661/month
3
Beds
1
Baths
1,197
Sq Ft
$334
Price/Sq Ft
0.19
Acres
1890
Year Built
2 hours 9 minutes
Time on Market
Active Listed Mar 5, 2026 • MLS# 73483118 Copied!

About this home

This home sits on an approximately 8,200 square foot lot and is being sold strictly AS-IS. Renovation or possible tear-down. Ideal for investors, contractors, or buyers seeking a value-add project. Three off-street parking spaces and large yard. Located minutes from downtown Salem, commuter routes, and historic attractions. Excellent opportunity in a high-demand area.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1890
Bedrooms
3
Full Bathrooms
1
Living Area
1,197 sq ft
Total Rooms
6

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1890
Living Area 1,197 sq ft
Lot Size 0.19 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring None
Appliances Gas Water Heater, Water Heater, Range
Fireplace None
Basement Full, Walk-out Access, Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Storage
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,270
Assessed Value $464,700

Interior Features

Flooring:
Appliances: Gas Water Heater, Water Heater, Range
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Unfinished
Laundry:
Security:

Construction & Materials

Style: Cape
Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street

Location

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Neighborhood

12 Varney St, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
0.2 mi
Grades PK-08
The Greenhouse School
1.7 mi
Grades PK-08
B
Witchcraft Heights School
0.5 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
0.8 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Saltonstall School
1.1 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B+
Bates School
1.2 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Carlton School
1.4 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
1.8 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.8 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
0.5 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.3 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
0.9 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $439
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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$0/mo
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Current Rate
$0/mo
+0.5% Rate
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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

Property Timeline

🏠
Listed for Sale
Mar 5, 2026
$399,900
Original listing

Price & Status History

Date Event Price Change
Mar 5, 2026 New Listing Added $399,900

Market Statistics

Time on Market
2 hours 9 minutes
Price per Sq Ft
$334

Tax History

Year Taxes Assessment
2025 $5,270 $464,700

Financial Details

Annual Property Tax
$5,270
Tax Year 2025
Assessed Value
$464,700

Listing Information

Listing Agent Nicholas Musto
Listing Office Tinkham Realty, Inc.
Agent MLS ID CT009071
Office MLS ID D95214
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

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