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3 Preston Rd # 1, Salem MA 01970

Salem, MA 01970
$375,000
Est. $2,608/month
3
Beds
1
Baths
1,514
Sq Ft
$248
Price/Sq Ft
1930
Year Built
0
Days on Market
Closed Listed Jul 17, 2020 • MLS# 72693382 Copied!

About this home

Don't wait to check out this sun filled 3 bedroom, 1 bathroom condo! This place has been recently updated and freshly painted. Property includes beautiful hard wood floors through out , updated kitchen with granite counter-tops and stainless steel appliances. Laundry in unit and off Street parking. Close to Salem State university, i95 and the many shops, stores and restaurants that Salem, has to offer. Schedule your showing today. This property may also be sold as a 2 family!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1930
Bedrooms
3
Full Bathrooms
1
Living Area
1,514 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $375,000
Final Sale Price: $375,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
Price per Square Foot Analysis
Original $/sq ft: $248
Sale $/sq ft: $248
This property sold for $248 per square foot
Sale Summary

This property sold exactly at the asking price.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$248/sq ft
Area Average
$378/sq ft
Difference
34.4%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 1,514 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Natural Gas
Cooling Other
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,741
Assessed Value $400,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type: 2/3 Family
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 1
Cooling: Other
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

3 Preston Rd # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Greenhouse School
0.3 mi
Grades PK-08
The Phoenix School
1.6 mi
Grades PK-08
C-
Horace Mann Laboratory School
0.7 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Saltonstall School
1.0 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
1.6 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C+
Bentley Academy Innovation School
2.2 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
2.2 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
2.2 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B+
Bates School
2.4 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
1.1 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.3 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
0.8 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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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 $312
Homeowners Insurance $200
HOA Fee $200/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

29.2%
Price Range
6
Total Days on Market

Property Timeline

Current Active Listing - MLS #73519627
Full transaction history available when tracking began
🏡
Currently Listed
May 15, 2026
$529,900
MLS #73519627 - Active
Sold
Sep 15, 2020
$375,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Jul 17, 2020
$375,000
Original listing
Agent: DNA Realty Group Office: Keller Williams Realty

Price & Status History

Date Event Price Change
May 15, 2026 Sold $529,900
Jul 17, 2020 New Listing Added $375,000

Market Statistics

Days on Market
0 days
Price per Sq Ft
$248

Tax History

Year Taxes Assessment
2020 $3,741 $400,000

Financial Details

Annual Property Tax
$3,741
Tax Year 2020
HOA Fee
$200
Per month
Assessed Value
$400,000

Listing Information

Listing Agent DNA Realty Group
Listing Office Keller Williams Realty
Agent MLS ID TM003972
Office MLS ID G95022
Listing Data Updated Sep 17, 2020 10:59 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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