15 Cabot St # 2, Salem MA 01970

Salem, MA 01970
$540,000
Est. $2,874/month
3
Beds
2
Baths
971
Sq Ft
$556
Price/Sq Ft
0.11
Acres
1925
Year Built
Condominium
Type
19
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73241451

About this home

Open House Cancelled. Seller accepted an offer. Offering a perfect blend of comfort, style, and convenience. Don’t miss out on this unique opportunity to live in one of Salem’s most desirable areas. Schedule a viewing today and make this beautiful condo your new home! Discover this exceptional 3-BR, 2-bathroom condo perfectly situated in the heart of Salem, offering unparalleled convenience and modern amenities. This home is within proximity to the commuter rail, Salem State University, and all the vibrant urban and maritime attractions that Salem has to offer. Key features: Spacious MB complete with an upgraded ensuite bathroom, Open concept living and dining space, featuring an ultra-modern FP with a stylish shiplap accent wall, upgraded kitchen featuring quartz Countertop, Shaker Cabinets, and GE Appliances. In unit laundry, extra storage, deeded detached garage 1 additional off-street space. Pets are welcome, making this the home for the entire family!

Sale Statistics

Sale Overview
Original List Price: $525,000
Final Sale Price: $540,000
Difference: +$15,000 (+2.9%)
Performance Metrics
102.9%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $541
Sale $/sq ft: $556
This property sold for $556 per square foot
Sale Summary

This property sold for 2.9% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1925
Bedrooms
3
Full Bathrooms
2
Living Area
971 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Interior Features

Flooring
Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Center Hall
Laundry Features
Second Floor, In Unit, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Deck - Vinyl
Patio/Porch Features
Deck - Exterior, Deck - Vinyl
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,578 sq ft
Lot Size Area
0.1100

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Assigned, Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Walk/Jog Trails
HOA Fee
$175
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,795
Tax Year
2024
Tax Assessed Value
$498,700
Parcel Number
M:34 L:0036 S:802,5156807
Zoning
R3

Additional Details

Year Built Source
Builder
Year Built Details
Actual
Building Name
15 Cabot Street Salem Condominium

Location

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Neighborhood

15 Cabot St # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $483
Homeowners Insurance $200
HOA Fee $175
PMI $0

Property History

Market Insights

2.8%
Price Range
21
Total Days on Market

Property Timeline

Sold
Jun 26, 2024
$540,000
Property sold
Days on Market: 21
🏠
Listed for Sale
May 22, 2024
$525,000
Original listing
Agent: Debra L. Lovelace Office: Churchill Properties

Price & Status History

Date Event Price Change
May 22, 2024 New Listing Added $525,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$556

Tax History

Year Taxes Assessment
2024 $5,795 $498,700

Financial Details

Annual Property Tax
$5,795
Tax Year 2024
HOA Fee
$175
Monthly
Assessed Value
$498,700

Listing Information

Listing Agent Debra L. Lovelace
Listing Office Churchill Properties
Agent MLS ID C8000245
Office MLS ID AN4955

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