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263 Jefferson Ave, Salem MA 01970

Salem, MA 01970
$569,000
Est. $3,508/month
3
Beds
1.5
Baths
1,312
Sq Ft
$434
Price/Sq Ft
0.12
Acres
1915
Year Built
249
Days on Market
Active Price Drop -$42,000 Listed Jun 20, 2025 • MLS# 73394482 Copied!

About this home

Welcome to 263 Jefferson Ave in Salem! This 3-bedroom, 1.5-bath Colonial has plenty of space to make your own. The kitchen has modern appliances and there’s lots of natural sunlight throughout the home. The layout makes it easy to relax, cook, or have friends over. Upstairs, you’ll find 3 comfortable bedrooms a full bath, and large loft for storage. Downstairs, there’s a convenient half bath and laundry area. Enjoy beautiful hardwood floors, plenty of storage, and your own private driveway that fits 2 cars. Step outside to the fenced-in backyard—great for play, gardening, or relaxing. Also features a brand new heating system and water heater. Centrally located in Salem, just minutes to downtown and the Salem Commuter Station.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1915
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,312 sq ft
Total Rooms
6

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1915
Living Area 1,312 sq ft
Lot Size 0.12 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Steam
Cooling Window Unit(s)
Flooring Tile, Carpet, Concrete, Laminate, Flooring - Stone/ceramic Tile
Appliances Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Bulkhead, Sump Pump, Concrete, Unfinished
Laundry First Floor
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Porch, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch

Parking

Features Paved Drive, Off Street, Tandem
Total Spaces 2

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven

Financial

Annual Tax $5,164
Assessed Value $455,400

Interior Features

Flooring: Tile, Carpet, Concrete, Laminate, Flooring - Stone/Ceramic Tile
Appliances: Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Bulkhead, Sump Pump, Concrete, Unfinished
Laundry: First Floor
Security:

Construction & Materials

Style: Colonial
Year Built: 1915
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Porch, Fenced Yard
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Tandem

Location

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Neighborhood

263 Jefferson Ave, 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
C-
Horace Mann Laboratory School
0.4 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
The Greenhouse School
0.7 mi
Grades PK-08
B-
Saltonstall School
0.7 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
M

Middle Schools

2 schools
C+
Collins Middle School
0.6 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
B+
Village School
1.7 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

3 schools
B
Salem High School
0.5 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
B+
Salem Academy Charter School
1.1 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
A-
Marblehead High School
1.9 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $430
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

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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.

Property History

Property Timeline

🏠
Listed for Sale
Jun 20, 2025
$569,000
Original listing

Price & Status History

Date Event Price Change
Jun 20, 2025 New Listing Added $569,000

Market Statistics

Days on Market
249 days
Price per Sq Ft
$434
Total Price Drop
-$42,000

Tax History

Year Taxes Assessment
2025 $5,164 $455,400

Financial Details

Annual Property Tax
$5,164
Tax Year 2025
Assessed Value
$455,400

Listing Information

Listing Office Fiv Realty Co.
Agent MLS ID CN258844
Office MLS ID AN8571
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

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