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20 Central St # 406, Salem MA 01970

Salem, MA 01970
$460,000
Est. $3,509/month
2
Beds
2
Baths
1,395
Sq Ft
$330
Price/Sq Ft
1980
Year Built
21
Days on Market
Closed Listed Mar 10, 2025 • MLS# 73343563 Copied!

About this home

Simply cannot beat this location! Bring your ideas to this highly desired Central Plaza Condo located in the heart of downtown Salem! This top floor penthouse boasts a spacious layout including a large kitchen, open-concept living space w/wood burning fireplace, and 2 large sliders leading to your own private balcony. The primary suite has its own bathroom, large walk-in closet, and a 2nd walk out private balcony. A generous second bedroom and bathroom round out the unit. Come see! There are hardwood floors, central a/c, a deeded underground garage parking space for one car, elevator access, as well as additional storage space and laundry facilities on site. Here you are in the mix and Historic Salem just steps outside your door with great access to Salem Harbor, Commuter Rail, Pedestrian Mall, Pickering Wharf, a plethora of amazing restaurants, museums, boutique shopping, live entertainment, and all that The Witch City has to offer. Don't miss this one! Sorry, no pets allowed!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,395 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $450,000
Final Sale Price: $460,000
Difference: +$10,000 (+2.2%)
Performance Metrics
102.2%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $323
Sale $/sq ft: $330
This property sold for $330 per square foot
Sale Summary

This property sold for 2.2% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 21 similar properties sold within 0.5 miles in the last 90 days

This Property
$330/sq ft
Area Average
$360/sq ft
Difference
8.3%

This property sold near the area average for similar homes.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,395 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Fireplaces 1
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,393
Assessed Value $475,600

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 1980
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric
Cooling: Central Air
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

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:

Location

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Neighborhood

20 Central St # 406, 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
0.8 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
B-
Saltonstall School
0.5 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-
Carlton School
0.8 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
0.9 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
0.9 mi
106 students Diverse
Diverse Student Body
Grades PK
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
C-
Horace Mann Laboratory School
1.2 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
Witchcraft Heights School
1.4 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
M

Middle Schools

1 school
C+
Collins Middle School
0.7 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
0.5 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
1.3 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
$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 $449
Homeowners Insurance $200
HOA Fee $534/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

2.2%
Price Range
23
Total Days on Market

Property Timeline

Sold
Apr 30, 2025
$460,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Mar 10, 2025
$450,000
Original listing
Agent: Piantidosi Group Office: Coldwell Banker Realty - Andovers/Readings Regional

Price & Status History

Date Event Price Change
Mar 10, 2025 New Listing Added $450,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$330

Tax History

Year Taxes Assessment
2025 $5,393 $475,600

Financial Details

Annual Property Tax
$5,393
Tax Year 2025
HOA Fee
$534
Monthly
Assessed Value
$475,600

Listing Information

Listing Agent Piantidosi Group
Listing Office Coldwell Banker Realty - Andovers/Readings Regional
Agent MLS ID TM336881
Office MLS ID AN8827
Listing Data Updated Apr 30, 2025 4:35 PM 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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