55 Ocean Avenue # 3, Salem MA 01970

Salem, MA 01970
$216,000
3
Beds
1
Baths
1,395
Sq Ft
$155
Price/Sq Ft
0.10
Acres
1895
Year Built
1
Parking
Condominium
Type
44
Days on Market
Sold 2002 Listed Jul 1, 2002 • MLS# 30622217 Copied! • Updated Mar 30, 2006

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $218,900
Final Sale Price: $216,000
Difference: $2,900 (-1.3%)
Performance Metrics
98.7%
List to Sale Ratio
Sold below asking price
44
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $157
Sale $/sq ft: $155
This property sold for $155 per square foot
Sale Summary

This property sold for 1.3% below the original asking price.

The property spent 44 days on market before selling.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property
$155/sq ft
Area Median
$416/sq ft
Difference
62.7%

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

About this home

LARGE RENOVATED CONDO WITH NEW KITCHEN, VERY SPACIOUS NEW ELECT. SERVICE, AND NEW GAS FURNACE. DEEDED PARKING AND STORAGE. GREAT THREE BEDROOM LAYOUT FOR LARGE FAMILY. AMAZING HARDWOOD FLOORS. TAXES TBD

BMN Estimate

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Market Insights

55.8%
Price Range
45
Total Days on Market
4
Previous Sales

Property Timeline

Current Active Listing - MLS #73600739
Full transaction history available when tracking began
🏡
Currently Listed
Nov 10, 2026
$489,000
MLS #73600739 - Active
View Listing →
Previous Transaction - MLS #72997761
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 8, 2022
$430,000
MLS #72997761
View Listing →
Previous Transaction - MLS #72428465
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 17, 2019
$303,900
MLS #72428465
View Listing →
Previous Transaction - MLS #71887950
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 28, 2016
$258,000
MLS #71887950
View Listing →
Previous Transaction - MLS #70140857
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 14, 2005
$275,000
MLS #70140857
View Listing →
✓
Sold
Sep 25, 2002
$216,000
Property sold
Days on Market: 45
🏠
Listed for Sale
Jul 1, 2002
$217,500
Original listing
Agent: Richard Newburg Office: Cornerlot

Tax History

Year Taxes Assessment
2002 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2002
HOA Fee
$167
Per month
Assessed Value
$0

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1895
Living Area 1,395 sq ft
Lot Size 0.10 acres
Stories 1
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Forced Air, Natural Gas, Individual
Cooling None
Flooring Wood
Appliances None
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Slate
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Deeded
Total Spaces 1
Electric Circuit Breakers, 100 Amp Service
Water Public, City/town Water, City/town Sewer
Sewer Public Sewer
Gas None
Other None
Annual Tax 0.00
Assessed Value 0.00

HOA & Community

HOA Fee $167
Fee Includes Water, Sewer, Maintenance Grounds, Snow Removal
Amenities None
Optional Fee Includes Air Conditioning
Lead Paint Unknown
Seller Disclosures Broker Is Co-owner Of Property
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Master Deed
Documents None
County Essex
Total market time (incl. prior listings) 45 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1895
Bedrooms
3
Full Bathrooms
1
Living Area
1,395 sq ft
Total Rooms
6
Stories
1
Entry Level
3

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1895
Effective Year (Renovated): 2002
Structure Type: Garden
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Utilities & Systems

Heating: Forced Air, Natural Gas, Individual
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public, City/Town Water, City/Town Sewer
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage: 0.00 ft
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded
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
0.7 mi
Grades PK-08
The Phoenix School
1.3 mi
Grades PK-08
C+
Saltonstall School
0.4 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
C
Horace Mann Laboratory School
0.9 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.5 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
C+
Bentley Academy Innovation School
1.6 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.6 mi
107 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.6 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
2.0 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
B-
Collins Middle School
0.8 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.7 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
0.9 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Location

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Neighborhood

55 Ocean Avenue # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Richard Newburg
Listing Office Cornerlot
Office Phone 617-839-8584
Agent MLS ID C4524538
Office MLS ID C10049
Listing Data Updated Mar 30, 2006 12:00 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

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