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15 Lovett Street, Salem MA 01970

Salem, MA 01970
$872,000
Est. $5,145/month
3
Beds
2
Baths
2,092
Sq Ft
$417
Price/Sq Ft
0.13
Acres
1915
Year Built
13
Days on Market
Closed Listed May 5, 2025 • MLS# 73369841 Copied!

About this home

Not often do we love a home just as much as we do the location. 15 Lovett is in that rarified air. The owners did a full renovation upon purchasing + loved it ever since. It's a sophisticated + modern home that retains the character most new properties disregard. An open floor plan, custom-built-ins, newer appliances, a massive mudroom/entryway, and a fully fenced outdoor space that is the envy of any entertainer's dreams are a sampling of the things you'll find. And then: the setting. Turning onto this tucked-away side street, it's easy to get the sense of pride of ownership that the neighborhood exudes. You are minutes to both Mack and McGlew Park and a mile to the Salem Station for about a 30-minute ride to Boston. Commute by car? The home is less than 2 miles from Route 128. Salem is historic, eclectic, and a haven for both the arts + foodies. Curated coffee and award-winning eateries blend seamlessly with ocean breezes and cobblestone streets. It's ok to fall in love; we did.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1915
Bedrooms
3
Full Bathrooms
2
Living Area
2,092 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $799,000
Final Sale Price: $872,000
Difference: +$73,000 (+9.1%)
Performance Metrics
109.1%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $382
Sale $/sq ft: $417
This property sold for $417 per square foot
Sale Summary

This property sold for 9.1% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$417/sq ft
Area Average
$432/sq ft
Difference
3.5%

This property sold near the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1915
Living Area 2,092 sq ft
Lot Size 0.13 acres
Bedrooms 3
Full Baths 2
Total Rooms 7

Interior

Heating Baseboard, Oil
Cooling Window Unit(s)
Flooring Tile, Hardwood, Flooring - Stone/ceramic Tile
Appliances Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator
Fireplace None
Fireplaces 1
Basement Full, Interior Entry, Sump Pump, Concrete
Laundry Flooring - Hardwood, Cabinets - Upgraded, Second Floor, Electric Dryer Hookup
Features Cabinets - Upgraded, Lighting - Overhead, Closet - Double, Mud Room, Walk-up Attic, Wired For Sound, Internet Available - Unknown

Exterior

Construction Stone
Architecture Other (see Remarks)
Roof Shingle
Features Porch, Deck, Patio, Rain Gutters, Storage, Screens, Fenced Yard, Garden
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Deck, Patio

Parking

Features Off Street, Paved
Total Spaces 4

Utilities

Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer

Financial

Annual Tax $6,434
Assessed Value $567,400

Interior Features

Flooring: Tile, Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator
Interior Features: Cabinets - Upgraded, Lighting - Overhead, Closet - Double, Mud Room, Walk-up Attic, Wired for Sound, Internet Available - Unknown
Windows: Screens
Basement: Full, Interior Entry, Sump Pump, Concrete
Laundry: Flooring - Hardwood, Cabinets - Upgraded, Second Floor, Electric Dryer Hookup
Security:

Construction & Materials

Style: Other (See Remarks)
Year Built: 1915
Structure Type:
Exterior Materials: Stone
Roof: Shingle
Foundation: Stone
Condition: Updated/Remodeled

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Deck, Patio, Rain Gutters, Storage, Screens, Fenced Yard, Garden
Patio & Porch: Porch, Deck, Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Location

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Neighborhood

15 Lovett Street, 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
0.5 mi
Grades PK-08
The Greenhouse School
2.3 mi
Grades PK-08
B+
Bates School
0.5 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
Witchcraft Heights School
0.9 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
B-
Carlton School
1.1 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B-
Saltonstall School
1.4 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
C-
Horace Mann Laboratory School
1.5 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
C+
Bentley Academy Innovation School
1.6 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
1.6 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
1.0 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
1.5 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
1.5 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
$0
Principal, interest, taxes & insurance
Loan Amount
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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 $536
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

-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

8.4%
Price Range
14
Total Days on Market

Property Timeline

Sold
Jun 11, 2025
$872,000
Property sold
Days on Market: 14
🏠
Listed for Sale
May 5, 2025
$799,000
Original listing
Agent: TEAM BRUSIL Office: Keller Williams Realty Boston-Metro | Back Bay

Price & Status History

Date Event Price Change
May 5, 2025 New Listing Added $799,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$417

Tax History

Year Taxes Assessment
2025 $6,434 $567,400

Financial Details

Annual Property Tax
$6,434
Tax Year 2025
Assessed Value
$567,400

Listing Information

Listing Agent TEAM BRUSIL
Listing Office Keller Williams Realty Boston-Metro | Back Bay
Agent MLS ID TM356387
Office MLS ID BB5522
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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