3 Riverway Road, Salem MA 01970

Salem, MA 01970
$968,000
Est. $5,152/month
4
Beds
3
Baths
2,024
Sq Ft
$478
Price/Sq Ft
0.13
Acres
1974
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73219096

About this home

BEAUTIFLLY renovated 7+ room Mansard Colonial featuring 4 bedroom, 3 NEW baths, NEW kitchen with granite counters, peninsula for seating, open to dining room, fireplace living room, crown molding, gleaming hardwood flooring, 1st floor bedroom, large, great mud room with additional built-in storage, 2nd floor deck with peaceful river views, convenient 2nd floor laundry, ductless mini split central air systems, finished lower level offers family room with wet bar, one car garage, corner lot. Welcome Home to Riverway!

Sale Statistics

Sale Overview
Original List Price: $899,900
Final Sale Price: $968,000
Difference: +$68,100 (+7.6%)
Performance Metrics
107.6%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $445
Sale $/sq ft: $478
This property sold for $478 per square foot
Sale Summary

This property sold for 7.6% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1974
Bedrooms
4
Full Bathrooms
3
Living Area
2,024 sq ft
Total Rooms
7

Interior Features

Heating
Forced Air, Oil
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Laundry Features
Second Floor

Exterior & Structure

Architectural Style
Colonial
Foundation
Concrete Perimeter, Block
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,515 sq ft
Lot Size Area
0.1300
Lot Features
Corner Lot
Road Surface Type
Paved

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Attached, Paved Drive, Off Street
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,988
Tax Year
2024
Tax Assessed Value
$2,024
Parcel Number
2134069
Zoning
Call City

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Seller requests no Buyer letters. Seller has never lived in property and makes no warranties or representations. Not sure if fireplace is operable.

Location

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Neighborhood

3 Riverway Road, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $582
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7%
Price Range
6
Total Days on Market

Property Timeline

Sold
May 20, 2024
$968,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Apr 3, 2024
$899,900
Original listing
Agent: Wendy Carpenito Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Apr 3, 2024 New Listing Added $899,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$478

Tax History

Year Taxes Assessment
2024 $6,988 $2,024

Financial Details

Annual Property Tax
$6,988
Tax Year 2024
Assessed Value
$2,024

Listing Information

Listing Agent Wendy Carpenito
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID C8002906
Office MLS ID AN8238

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