324-328 Essex St # 2, Salem MA 01970

Salem, MA 01970
$985,000
Est. $5,243/month
2
Beds
2.5
Baths
1,946
Sq Ft
$506
Price/Sq Ft
0.54
Acres
1818
Year Built
Condominium
Type
29
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73265514

About this home

Grand 2 BR 2 ½ bath duplex located in the historic 1818 Loring-Emmerton House in Salem’s McIntire District. This mansion, elegantly subdivided into 4 condos, gets its name from the diplomat & statesman, George P Loring and the great philanthropist & preservationist Caroline Emmerton, under whose leadership the House of Seven Gables museum was established. Large & beautifully proportioned rooms with windows running the length of the front façade on two floors, suffusing the space with abundant natural light. On the living level, the sense of tradition remains with all the fabulous detail intact, but interpreted in a modern way with a house-scaled kitchen and an open flow across the whole floor. Upstairs are 2 large bedrooms, each with its own spa-like bath, & conveniently located laundry. Above is a real bonus, a skylight lit finished attic which could be an office or a studio/art space. 2 car parking , lovely shared outdoor space, and moments to downtown Salem and the train station.

Sale Statistics

Sale Overview
Original List Price: $985,000
Final Sale Price: $985,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
29
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $506
Sale $/sq ft: $506
This property sold for $506 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 29 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
1818
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,946 sq ft
Total Rooms
4
Stories
2
Entry Level
2

Interior Features

Flooring
Wood, Marble
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Disposal, Refrigerator, Freezer, Washer, Dryer
Laundry Features
In Unit
Basement Details
Y
Window Features
Storm Window(s)

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.54 acres
Lot Size
23,714 sq ft
Lot Size Area
0.5400

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$628
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,011
Tax Year
2024
Tax Assessed Value
$775,500
Parcel Number
M:26 L:0521 S:802
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Loring Emmerton
Disclosures
finished attic not climate controlled

Location

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Neighborhood

324-328 Essex St # 2, 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 $751
Homeowners Insurance $200
HOA Fee $628
PMI $0

Property History

Market Insights

30
Total Days on Market

Property Timeline

Sold
Sep 18, 2024
$985,000
Property sold
Days on Market: 30
🏠
Listed for Sale
Jul 16, 2024
$985,000
Original listing
Agent: Michael Selbst Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Jul 16, 2024 New Listing Added $985,000

Market Statistics

Days on Market
29 days
Price per Sq Ft
$506

Tax History

Year Taxes Assessment
2024 $9,011 $775,500

Financial Details

Annual Property Tax
$9,011
Tax Year 2024
HOA Fee
$628
Monthly
Assessed Value
$775,500

Listing Information

Listing Agent Michael Selbst
Listing Office Gibson Sotheby's International Realty
Agent MLS ID BB804690
Office MLS ID AN6133

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