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3 Preston Rd # 1, Salem MA 01970

Salem, MA 01970 • South Salem
$529,900
Est. $3,537/month
3
Beds
1
Baths
1,000
Sq Ft
$530
Price/Sq Ft
0.10
Acres
1930
Year Built
4 hours 50 minutes
Time on Market
Active Open House Listed May 15, 2026 • MLS# 73519627 Copied!

About this home

Welcome To 3 Preston Road! Like Brand New! This Designer Condo Was Completely Renovated in 2020! Open Concept Living And Dining Area Features Hardwood Floors And Flows Seamlessly Into Gorgeous Chef's Kitchen Complete With Stainless Steel Appliances, Gas Cooking, Granite Countertops, A Kitchen Island! Generous Cabinet And Counter Space Perfect For Both Everyday Living And Entertaining! Completing The Home Are Three Spacious Bedrooms, A Remodeled Luxury Full Bathroom, And In-Unit Laundry, Offering A Comfortable And Well-Designed Layout. Additional Highlights Include Assigned Driveway Parking Spaces, Exclusive Use Of The Back Porch, Additional Exclusive Basement Storage, And Access To A Private Common Outdoor Area. Low Condo Fee Includes Master Insurance And Common Electric. Conveniently Located Near Restaurants, Salem State College, Salem Hospital, Downtown, Parks, Public Transportation, And More! Showings Begin At Open House Saturday 1:30PM-2:30PM!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1930
Bedrooms
3
Full Bathrooms
1
Living Area
1,000 sq ft
Total Rooms
6
Stories
1
Entry Level
1

Open House Schedule

16
May
Saturday, May 16
1:30 PM - 2:30 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 1,000 sq ft
Lot Size 0.10 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Fenced Yard, Garden, Rain Gutters
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch

Parking

Features Off Street, Tandem
Total Spaces 2

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,889
Assessed Value $431,100

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Fenced Yard, Garden, Rain Gutters
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem

Location

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Neighborhood

South Salem

3 Preston Rd # 1, 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 $407
Homeowners Insurance $200
HOA Fee $250/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
1
Previous Sales

Property Timeline

🏠
Listed for Sale
May 15, 2026
$529,900
Original listing
Agent: Colleen Toner Office: Toner Real Estate, LLC
Previous Transaction - MLS #72693382
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 15, 2020
$375,000
MLS #72693382

Price & Status History

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

Market Statistics

Time on Market
4 hours 50 minutes
Price per Sq Ft
$530

Tax History

Year Taxes Assessment
2025 $4,889 $431,100

Financial Details

Annual Property Tax
$4,889
Tax Year 2025
HOA Fee
$250
Monthly
Assessed Value
$431,100

Listing Information

Listing Agent Colleen Toner
Listing Office Toner Real Estate, LLC
Agent MLS ID C1541120
Office MLS ID AC1714
Listing Data Updated May 14, 2026 9:43 PM 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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