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289 Essex St # 211, Salem MA 01970

Salem, MA 01970
$409,000
Est. $2,881/month
1
Beds
1
Baths
679
Sq Ft
$602
Price/Sq Ft
0.31
Acres
1987
Year Built
48
Days on Market
Pending Price Drop -$10,000 Listed Feb 1, 2026 • MLS# 73473229 Copied!

About this home

This is a great opportunity for rental investment or make this jewel of Salem home your own! Live in the heart of historic and modern Salem! This spacious condo is walking distance to everything Salem has to offer, shops, restaurants, farmer's markets, festivals, and the train station for easy access to Boston and the entire North Shore. Inside, you’ll find a recently remodeled interior including white quartz counters, modern vinyl plank flooring, and a beautifully remodeled bathroom. The kitchen features all stainless-steel appliances and opens to a dining area and spacious living room filled with natural light from many windows on its west facing exposure. Enjoy the building’s many amenities -convenient elevator, common laundry, and well-maintained common areas with LOW HOA. Continue leasing a dedicated underground parking spot plus there is abundant public parking available adjacent to the property. Easy access to EV chargers and Zip Car.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
1
Full Bathrooms
1
Living Area
679 sq ft
Total Rooms
3
Stories
5
Entry Level
2

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 679 sq ft
Lot Size 0.31 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Main Level, First Floor
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Garden
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Leased
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $4,306
Assessed Value $379,700

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Main Level, First Floor
Security: Intercom, Security System

Construction & Materials

Year Built: 1987
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 5

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Garden
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Leased

Location

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Neighborhood

289 Essex St # 211, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $359
Homeowners Insurance $200
HOA Fee $254/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

Market Insights

1
Price Changes
40.3%
Price Range
2
Previous Sales

Property Timeline

📋
Status: Active under contract
Mar 9, 2026
Active → Active Under Contract
Pending Sale
Mar 3, 2026
Offer accepted, sale pending
Price Reduced
Feb 18, 2026
$409,000 $10,000 (-2.39%)
From $419,000 to $409,000 (-2.4%)
🏠
Listed for Sale
Feb 1, 2026
$419,000
Original listing
Office: Cameron Real Estate Group
Previous Transaction - MLS #72801648
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 4, 2021
$335,000
MLS #72801648
Previous Transaction - MLS #72772376
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 22, 2021
$250,000
MLS #72772376

Price & Status History

Date Event Price Change
Mar 9, 2026 Status: Active under contract $0
Feb 18, 2026 Price Changed $409,000 -$10,000
Feb 1, 2026 New Listing Added $419,000
Jun 4, 2021 Sold $335,000
Jan 22, 2021 Sold $250,000

Market Statistics

Days on Market
48 days
Price per Sq Ft
$602
Total Price Drop
-$10,000

Tax History

Year Taxes Assessment
2025 $4,306 $379,700

Financial Details

Annual Property Tax
$4,306
Tax Year 2025
HOA Fee
$254
Monthly
Assessed Value
$379,700

Listing Information

Listing Agent Sue Trainoff
Listing Office Cameron Real Estate Group
Agent MLS ID CN206822
Office MLS ID AC0756
Listing Data Updated Mar 23, 2026 3:05 AM EDT
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

Real-time market trends and pricing data for this area

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