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289 Essex St # 301, Salem MA 01970

Salem, MA 01970
$390,000
Est. $2,076/month
1
Beds
1
Baths
709
Sq Ft
$550
Price/Sq Ft
0.31
Acres
1987
Year Built
Condominium
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73254653

About this home

Great Downtown Salem Location with 1 deeded garage parking space! Convenient to public transportation, train station, YMCA, fine dining, breweries, and shops. Tastefully updated 1 bedroom unit with laminated wood flooring. Large living and dining room combination, great for entertaining. Updated kitchen with stainless steel appliances, modern cabinets and counter tops. Bedroom with walk in closet. Plenty of closet space in the unit, plus an additional storage space in the building. Newer heating and air conditioning systems Third floor unit with easy access to the elevator. Showings begin at first Open House on Saturday June 22nd at 10:00 AM to 11:30 AM and Sunday June 23rd from 1:00 to 2:30.

Sale Statistics

Sale Overview
Original List Price: $369,900
Final Sale Price: $390,000
Difference: +$20,100 (+5.4%)
Performance Metrics
105.4%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $522
Sale $/sq ft: $550
This property sold for $550 per square foot
Sale Summary

This property sold for 5.4% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1987
Bedrooms
1
Full Bathrooms
1
Living Area
709 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Interior Features

Flooring
Tile, Laminate
Heating
Forced Air, Electric
Has Heating
Yes
Cooling
Central Air, Heat Pump
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Closet, Cable Hookup, Living/Dining Rm Combo
Laundry Features
Common Area, In Building
Basement Details
N
Window Features
Window(s) - Picture, Insulated Windows

Exterior & Structure

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

Lot & Land

Lot Size
0.31 acres
Lot Size
13,530 sq ft
Lot Size Area
0.3100

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Parking Features
Under, Garage Door Opener, Deeded
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom, Security System

Community & HOA

Community Features
Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Public School, T-Station, University
HOA Fee
$254
HOA Fee Frequency
Monthly
Association Amenities
Laundry
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,046
Tax Year
2024
Tax Assessed Value
$348,200
Tax Lot
816
Tax Block
0456
Tax Map Number
26
Parcel Number
M:26 L:0456 S:816,4656086
Zoning
BS

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
289 On Essex Condominium
Common Walls
2+ Common Walls
Attached Property
Yes
Disclosures
Offers due Tuesday, June 25 by 1:00 PM, please allow for 24 hour response time.

Location

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Neighborhood

289 Essex St # 301, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
School Choice
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Salem High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $337
Homeowners Insurance $200
HOA Fee $254
PMI $0

Property History

Market Insights

5.2%
Price Range
22
Total Days on Market

Property Timeline

✓
Sold
Aug 16, 2024
$390,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jun 19, 2024
$369,900
Original listing
Agent: Catherine St. Pierre Office: Armstrong Field Real Estate

Price & Status History

Date Event Price Change
Jun 19, 2024 New Listing Added $369,900 —

Market Statistics

Days on Market
20 days
Price per Sq Ft
$550

Tax History

Year Taxes Assessment
2024 $4,046 $348,200

Financial Details

Annual Property Tax
$4,046
Tax Year 2024
HOA Fee
$254
Monthly
Assessed Value
$348,200

Listing Information

Listing Agent Catherine St. Pierre
Listing Office Armstrong Field Real Estate
Agent MLS ID C8001712
Office MLS ID C95180

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