3 Essex St # 2, Salem MA 01970

Salem, MA 01970
$490,000
Est. $2,608/month
3
Beds
1
Baths
938
Sq Ft
$522
Price/Sq Ft
0.09
Acres
1900
Year Built
Condominium
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73231749

About this home

Exceptional find in the heart of Salem, this immaculate 3-bedroom condo boasts a one-of-a-kind retro style that sets it apart from the ordinary, step into a world where charm meets modern convenience. The spacious living area is adorned with vintage accents, seamlessly blended with contemporary finishes, creating a warm and inviting atmosphere. The well-appointed kitchen features unique appliances and ample counter space. What truly sets this condo apart is the captivating water view from the private balcony. With three generously sized bedrooms, each offering abundant natural light and ample storage, there's plenty of space to personalize and make it your own. Convenient in unit laundry, 2 parking spaces & basement storage. Located in sought-after area of Salem, this condo offers not only a unique living experience but also the convenience of being in close proximity to local amenities, parks, and vibrant cultural attractions. Don't miss out!

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $490,000
Difference: $9,900 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $533
Sale $/sq ft: $522
This property sold for $522 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

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
1900
Bedrooms
3
Full Bathrooms
1
Living Area
938 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Interior Features

Flooring
Tile, Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Laundry Features
In Unit
Basement Details
Y

Exterior & Structure

Exterior Features
Balcony
Has Spa
No
Waterfront Features
Ocean
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,999 sq ft
Lot Size Area
0.0900

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$290
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,221
Tax Year
2023
Tax Assessed Value
$337,400
Parcel Number
M:41 L:0247 S:802,4840427
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Essex Cove Condominiums
Common Walls
2+ Common Walls
Disclosures
Buyer and Buyer's Agent to verify all information and perform their own due diligence.
Listing Terms
Contract

Location

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Neighborhood

3 Essex St # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Carlton Elem
Rating information coming soon
Middle School
Bates Middle
Rating information coming soon
High School
Salem High
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $352
Homeowners Insurance $200
HOA Fee $290
PMI $0

Property History

Market Insights

2%
Price Range
21
Total Days on Market

Property Timeline

Sold
Jun 11, 2024
$490,000
Property sold
Days on Market: 21
🏠
Listed for Sale
May 1, 2024
$499,900
Original listing
Agent: Patricia Nunez Office: Redfin Corp.

Price & Status History

Date Event Price Change
May 1, 2024 New Listing Added $499,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$522

Tax History

Year Taxes Assessment
2023 $4,221 $337,400

Financial Details

Annual Property Tax
$4,221
Tax Year 2023
HOA Fee
$290
Monthly
Assessed Value
$337,400

Listing Information

Listing Agent Patricia Nunez
Listing Office Redfin Corp.
Agent MLS ID CN206323
Office MLS ID NB3534

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