281 Essex Street # 206, Salem MA 01970

Salem, MA 01970
$525,000
Est. $2,794/month
2
Beds
2
Baths
972
Sq Ft
$540
Price/Sq Ft
0.17
Acres
1900
Year Built
Condominium
Type
37
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73382106

About this home

*** OPEN HOUSE Sunday, 11:00 AM - 1:00 PM ***. $25k price adjustment! Experience unparalleled urban living in this stunning two-bedroom, two-bath corner loft at Latitude Condos, nestled in historic seaside Salem. Flooded with natural light from soaring ceilings and large NEW windows, this home boasts timeless character with exposed brick walls and original maple floors. The gourmet kitchen features stainless steel appliances, a gas range, and an island, while the main bedroom comes complete with an ensuite. Brand-new washer/dryer, heat/AC unit replaced in 2023, new smoke alarms, electronic keypad entry, fresh paint throughout - move-in ready! Enjoy the convenience of an elevator, dedicated basement storage, and a parking spot at the Museum Place garage—all covered by an affordable condo fee. Located within Salem's vibrant downtown, with shops and restaurants just minutes away, plus easy access to Boston by train and ferry, this is city living at its finest. Easy to Show.

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $525,000
Difference: $74,000 (-12.4%)
Performance Metrics
87.6%
List to Sale Ratio
Sold below asking price
37
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $616
Sale $/sq ft: $540
This property sold for $540 per square foot
Sale Summary

This property sold for 12.4% below the original asking price.

The property spent 37 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
972 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Interior Features

Flooring
Hardwood
Heating
Heat Pump, Electric
Has Heating
Yes
Cooling
Central Air, Heat Pump
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
First Floor, Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Brick
Roof
Rubber
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.17 acres
Lot Size
7,545 sq ft
Lot Size Area
0.1700

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Parking Features
Detached, Common, Rented
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping
HOA Fee
$375
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s), Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,022
Tax Year
2025
Tax Assessed Value
$442,900
Parcel Number
M:26 L:0447 S:811
Zoning
B5

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Latitude Condominiums
Common Walls
End Unit
Disclosures
Pets allowed but subject to condo board approval.

Location

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Neighborhood

281 Essex Street # 206, 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 $419
Homeowners Insurance $200
HOA Fee $375
PMI $0

Property History

Market Insights

2.8%
Price Range
38
Total Days on Market

Property Timeline

Sold
Jul 29, 2025
$525,000
Property sold
Days on Market: 38
🏠
Listed for Sale
May 29, 2025
$539,900
Original listing
Agent: Armstrong Field Team Office: Aluxety

Price & Status History

Date Event Price Change
May 29, 2025 New Listing Added $539,900

Market Statistics

Days on Market
37 days
Price per Sq Ft
$540

Tax History

Year Taxes Assessment
2025 $5,022 $442,900

Financial Details

Annual Property Tax
$5,022
Tax Year 2025
HOA Fee
$375
Monthly
Assessed Value
$442,900

Listing Information

Listing Agent Armstrong Field Team
Listing Office Aluxety
Agent MLS ID TEAM0455
Office MLS ID AN8387

Similar Homes

281 Essex Street # 206, Salem MA 01970 - Photo 1 281 Essex Street # 206, Salem MA 01970 - Photo 2 281 Essex Street # 206, Salem MA 01970 - Photo 3 281 Essex Street # 206, Salem MA 01970 - Photo 4 281 Essex Street # 206, Salem MA 01970 - Photo 5 281 Essex Street # 206, Salem MA 01970 - Photo 6 281 Essex Street # 206, Salem MA 01970 - Photo 7 281 Essex Street # 206, Salem MA 01970 - Photo 8 281 Essex Street # 206, Salem MA 01970 - Photo 9 281 Essex Street # 206, Salem MA 01970 - Photo 10 281 Essex Street # 206, Salem MA 01970 - Photo 11 281 Essex Street # 206, Salem MA 01970 - Photo 12 281 Essex Street # 206, Salem MA 01970 - Photo 13 281 Essex Street # 206, Salem MA 01970 - Photo 14 281 Essex Street # 206, Salem MA 01970 - Photo 15 281 Essex Street # 206, Salem MA 01970 - Photo 16 281 Essex Street # 206, Salem MA 01970 - Photo 17 281 Essex Street # 206, Salem MA 01970 - Photo 18 281 Essex Street # 206, Salem MA 01970 - Photo 19 281 Essex Street # 206, Salem MA 01970 - Photo 20 281 Essex Street # 206, Salem MA 01970 - Photo 21 281 Essex Street # 206, Salem MA 01970 - Photo 22 281 Essex Street # 206, Salem MA 01970 - Photo 23 281 Essex Street # 206, Salem MA 01970 - Photo 24 281 Essex Street # 206, Salem MA 01970 - Photo 25 281 Essex Street # 206, Salem MA 01970 - Photo 26 281 Essex Street # 206, Salem MA 01970 - Photo 27 281 Essex Street # 206, Salem MA 01970 - Photo 28 281 Essex Street # 206, Salem MA 01970 - Photo 29

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