28 Monroe Road, Salem MA 01970

Salem, MA 01970
$640,000
Est. $3,406/month
3
Beds
1.5
Baths
1,447
Sq Ft
$442
Price/Sq Ft
0.15
Acres
1952
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73285793

About this home

Charming Cape nestled in a serene neighborhood, offering a perfect blend of comfort and convenience! This home features hardwood floors throughout most of the living areas. The cozy fireplaced living room is perfect for gatherings, while the dining room flows into the fully-applianced kitchen, which leads to a cozy mudroom. The first floor also boasts a spacious bedroom and a convenient half bath. Upstairs, you'll find two additional well-sized bedrooms and a full bath. The outdoor space is a true retreat, with a lovely patio—ideal for relaxing. A river flows in from Salem Harbor, winding its way to a serene salt marsh right in front of the house, providing stunning views all year round. Located just steps from Pickman Park, with easy access to the Salem Rail Trail for outdoor enthusiasts. Don't miss this opportunity to own a home in such a desirable location!

Sale Statistics

Sale Overview
Original List Price: $569,900
Final Sale Price: $640,000
Difference: +$70,100 (+12.3%)
Performance Metrics
112.3%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $394
Sale $/sq ft: $442
This property sold for $442 per square foot
Sale Summary

This property sold for 12.3% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1952
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,447 sq ft
Total Rooms
6

Interior Features

Flooring
Wood, Tile
Heating
Forced Air, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Range, Dishwasher, Microwave, Refrigerator
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Walk-Out Access, Concrete
Window Features
Insulated Windows, Storm Window(s)
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Patio, Rain Gutters
Patio/Porch Features
Porch - Enclosed, Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,482 sq ft
Lot Size Area
0.1500
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

Community Features
Shopping, Park, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,180
Tax Year
2024
Tax Assessed Value
$531,800
Tax Lot
0192
Tax Map Number
31
Parcel Number
2133934
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Listing Terms
Estate Sale

Location

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Neighborhood

28 Monroe Road, 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 $515
Homeowners Insurance $200
PMI $0

Property History

Market Insights

11%
Price Range
6
Total Days on Market

Property Timeline

Sold
Oct 25, 2024
$640,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Sep 5, 2024
$569,900
Original listing
Agent: Paige Cadogan Office: Advisors Living - Tewksbury

Price & Status History

Date Event Price Change
Sep 5, 2024 New Listing Added $569,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$442

Tax History

Year Taxes Assessment
2024 $6,180 $531,800

Financial Details

Annual Property Tax
$6,180
Tax Year 2024
Assessed Value
$531,800

Listing Information

Listing Agent Paige Cadogan
Listing Office Advisors Living - Tewksbury
Agent MLS ID B8000338
Office MLS ID AN7852

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