24 Forrester St # 2, Salem MA 01970

Salem, MA 01970
$637,500
Est. $3,393/month
3
Beds
2
Baths
1,570
Sq Ft
$406
Price/Sq Ft
0.07
Acres
1850
Year Built
Condominium
Type
83
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73307748

About this home

Welcome to this stunning 3-bedroom, 2-bathroom condo in the heart of downtown Salem. This rare gem combines timeless elegance with modern updates, making it the perfect blend of old-world character and contemporary convenience. From the moment you step inside, you’ll be captivated by the rich original hardwood flooring, beautifully preserved to retain its classic appeal. Every room exudes charm, featuring intricate details that highlight the condo's historical significance while offering a warm, inviting atmosphere. The thoughtfully updated kitchen boasts sleek countertops and updated appliances. Bask in the natural beauty of the sun-drenched main bedroom, adorned with skylights that flood the space with warm, natural light. Prime Downtown Salem Location Located steps from Salem Common, this condo offers unbeatable access to all the attractions that make Salem a beloved destination! Don't wait this property will not last!

Sale Statistics

Sale Overview
Original List Price: $679,000
Final Sale Price: $637,500
Difference: $41,500 (-6.1%)
Performance Metrics
93.9%
List to Sale Ratio
Sold below asking price
83
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $432
Sale $/sq ft: $406
This property sold for $406 per square foot
Sale Summary

This property sold for 6.1% below the original asking price.

The property spent 83 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1850
Bedrooms
3
Full Bathrooms
2
Living Area
1,570 sq ft
Total Rooms
8
Stories
2
Entry Level
2

Interior Features

Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Basement Details
Y

Exterior & Structure

Exterior Features
Patio
Patio/Porch Features
Patio
Has Spa
No
Waterfront Features
Ocean, 1/10 to 3/10 To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
3,193 sq ft
Lot Size Area
0.0700

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station, University
HOA Fee
$276
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,506
Tax Year
2024
Tax Assessed Value
$559,900
Parcel Number
M:35 L:0439 S:802,4973519
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
attached

Location

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Neighborhood

24 Forrester 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 $542
Homeowners Insurance $200
HOA Fee $276
PMI $0

Property History

Market Insights

1.8%
Price Range
79
Total Days on Market

Property Timeline

Sold
Mar 14, 2025
$637,500
Property sold
Days on Market: 79
🏠
Listed for Sale
Nov 4, 2024
$649,000
Original listing
Agent: Amy Frizzi Office: Ivy Realty Group

Price & Status History

Date Event Price Change
Nov 4, 2024 New Listing Added $649,000

Market Statistics

Days on Market
83 days
Price per Sq Ft
$406

Tax History

Year Taxes Assessment
2024 $6,506 $559,900

Financial Details

Annual Property Tax
$6,506
Tax Year 2024
HOA Fee
$276
Monthly
Assessed Value
$559,900

Listing Information

Listing Agent Amy Frizzi
Listing Office Ivy Realty Group
Agent MLS ID CN222616
Office MLS ID AN4225

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