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185 North St # 1, Salem MA 01970

Salem, MA 01970 • Downtown
$470,000
Est. $3,124/month
2
Beds
1
Baths
943
Sq Ft
$498
Price/Sq Ft
1890
Year Built
21
Days on Market
Closed Listed Apr 26, 2025 • MLS# 73365167 Copied!

About this home

This pristine first level unit located in North Salem is move-in ready and features meticulous upgrades and restoration throughout. The unit comes with (2) deeded parking spots, and is situated on a corner lot with a large yard. Pet friendly, and owner-managed, the entire building underwent an full restoration in 2014. The exterior features vinyl siding, and a newly renovated porch with new columns and ceiling. Throughout the unit restored wide-plank hardwood flooring, original crown molding, and new premium light fixtures add to the charm of this unit. The kitchen (12'11" x 16'2") features a center island, granite countertops, young Samsung stainless steel appliances, a pantry closet and ample cabinetry. The main bedroom (22'6" x 11'0") features a Custom California Closet and designer velvet wallpaper. The second bedroom spans 13'9" x 13'9" and is currently used as a living area. Located just steps from Historic Downtown Salem. Schedule a tour today before this gem is gone!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1890
Bedrooms
2
Full Bathrooms
1
Living Area
943 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $489,000
Final Sale Price: $470,000
Difference: $19,000 (-3.9%)
Performance Metrics
96.1%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $519
Sale $/sq ft: $498
This property sold for $498 per square foot
Sale Summary

This property sold for 3.9% below the original asking price.

With only 21 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
$498/sq ft
Area Average
$296/sq ft
Difference
+68.5%

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 1890
Living Area 943 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Covered Patio/deck, Rain Gutters
Pool None
Spa None
Fencing Security
Patio/Porch Covered

Parking

Features Off Street, Deeded, Common, Paved
Total Spaces 3

Utilities

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

Financial

Annual Tax $4,766
Assessed Value $410,200

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1890
Effective Year (Renovated): 2014
Structure Type: Detached
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Covered Patio/Deck, Rain Gutters
Patio & Porch: Covered
Fencing: Security
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street, Deeded, Common, Paved

Location

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Neighborhood

Downtown

185 North St # 1, 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

3 schools
B+
Bates School
0.4 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
C
Thomas Carroll School
0.6 mi | #611 of 824 | Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades PK-05
The Phoenix School
0.7 mi
Grades PK-08
M

Middle Schools

2 schools
C+
Collins Middle School
1.1 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
C+
J. Henry Higgins Middle School
1.7 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

3 schools
Bishop Fenwick High School
0.8 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B+
Salem Academy Charter School
1.4 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
1.7 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
Learn about these ratings

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 $397
Homeowners Insurance $200
HOA Fee $150/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

3.9%
Price Range
23
Total Days on Market

Property Timeline

Sold
Jun 11, 2025
$470,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Apr 26, 2025
$489,000
Original listing
Agent: The WP Group Office: Smith and Oak Real Estate Co.

Price & Status History

Date Event Price Change
Apr 26, 2025 New Listing Added $489,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$498

Tax History

Year Taxes Assessment
2025 $4,766 $410,200

Financial Details

Annual Property Tax
$4,766
Tax Year 2025
HOA Fee
$150
Monthly
Assessed Value
$410,200

Listing Information

Listing Agent The WP Group
Listing Office Smith and Oak Real Estate Co.
Agent MLS ID TM359646
Office MLS ID AN8066
Listing Data Updated Jun 12, 2025 10:41 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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