2 Chestnut St # 2, Salem MA 01970

Salem, MA 01970
$835,000
Est. $5,553/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1
Baths
1,500
Sq Ft
$557
Price/Sq Ft
1826
Year Built
1
Parking
New today
Time on Market
For Sale Listed Nov 3, 2026 • MLS# 73598358 Copied! • Updated Nov 3, 2026

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About this home

Welcome to this sun-drenched, sprawling condominium on one of Salem’s most admired streets. With a delightful meandering flow, extremely high ceilings, and big airy rooms, this home pairs the grace of the Federal era with the polish of a full renovation. Original 1820s woodwork runs throughout, including working interior shutters in the living room, dining room, and office. Oversized windows on four exposures fill the home with light all day long, and because the unit sits a floor and a half above the street, it remains surprisingly quiet despite the abundance of windows. The renovation is truly special. A gorgeous new kitchen and bathroom feel perfectly at home alongside the historic details, and clever custom storage keeps everything organized and out of sight. The dining room is large enough for big holiday celebrations and a bar between the dining and living rooms makes it easy to host a crowd. When it’s time to settle in, the gracious, practical layout places the office and bedrooms in opposite corners of the home, creating an ideal work-from-home setup. Enjoy the convenience of off-street parking and a location literally seconds from the center of town. Chestnut Street is lined with grand 18th-century homes built during Salem’s great seafaring era, and with only five condominiums on the street, this level of finish and original detail is a rare offering!

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Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 3, 2026
$835,000
Original listing
Agent: Michael Selbst Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2026 $7,220 $669,800

Financial Details

Annual Property Tax
$7,220
Tax Year 2026
HOA Fee
$529
Monthly
Assessed Value
$669,800

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1826
Living Area 1,500 sq ft
Stories 1
Bedrooms 2
Full Baths 1
Total Rooms 6

Interior

Heating Oil
Cooling Window Unit(s)
Flooring Wood
Appliances None
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $7,220
Assessed Value $669,800

HOA & Community

HOA Fee $529 Monthly
Fee Includes Heat, Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Owner-Occupied Units 3
Pets Yes
Lead Paint Unknown
Seller Disclosures Sellers Have Used Lr Fireplace; Have A Chimney Expert Inspect Before Using. Condo Fee Includes Heat And Hot Water
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 2
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1826
Bedrooms
2
Full Bathrooms
1
Living Area
1,500 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood
Appliances:
Interior Features:
Windows: Storm Window(s)
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1826
Structure Type: Townhouse
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 1

Utilities & Systems

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features:
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
C+
Saltonstall School
0.6 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
The Phoenix School
0.6 mi
Grades PK-08
B-
Carlton School
0.9 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
B-
Collins Middle School
0.5 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Village School
2.0 mi | #266 of 825 | Score: 51.8
Dropped 77 spots from last year
-6.4 below state avg
480 students Less Diverse
Strong Attendance
Grades 04-06
C+
J. Henry Higgins Middle School
2.2 mi | #235 of 352 | Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students Diverse
Grades 06-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.7 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.2 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.6 mi
17 sports • 1,390 athletes
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 $602
Homeowners Insurance $200
HOA Fee $529/mo
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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Current Rate
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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.

Location

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Neighborhood

2 Chestnut St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Michael Selbst
Listing Office Gibson Sotheby's International Realty
Office Phone 978-526-0243
Agent MLS ID BB804690
Office MLS ID AN6133
Listing Data Updated Nov 3, 2026 5:43 PM EST
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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