324-328 Essex St # 3, Salem MA 01970

Salem, MA 01970
$985,000
Est. $5,243/month
2
Beds
2.5
Baths
1,751
Sq Ft
$563
Price/Sq Ft
0.54
Acres
1818
Year Built
Condominium
Type
8
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73265539

About this home

Erected in 1818, this grand home now elegantly parceled into 4 condos, gets its name from the diplomat and statesman, George P Loring and the great philanthropist and preservationist Caroline Emmerton, under whose leadership the House of Seven Gables museum was established. Enter this sprawling condo to the serene open living areas overlooking the Ropes Garden. The custom kitchen has floor to ceiling cabinets & durable quartz counters providing plenty of room to spread-out. BR 1 delights with a gently arched ceiling, Miss Emmerton’s ornately carved meditation room, and a glamorous bath with a five-sided bay window offering panoramic views of an array of 19th century houses and gardens. The multifunctional 2nd BR offers the dramatic surprise of a groin-vault ceiling, cantilevered bay window (used as an exercise space), side room (used as an office), a fabulous paneling, and spa like marble mosaic bath. Parking for 2 cars, lovely grounds, and best of all...30 seconds downtown Salem!

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
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $563
Sale $/sq ft: $563
This property sold for $563 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 8 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
1,751 sq ft
Total Rooms
4
Stories
1
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
3
Appliances
Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Laundry Features
In Unit, Electric Dryer Hookup, Washer Hookup
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, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts

Community & HOA

HOA Fee
$628
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,924
Tax Year
2024
Tax Assessed Value
$768,000
Parcel Number
M:26 L:0521 S:803
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
Yes
Disclosures
prior owner used fireplaces in bedrooms, current owner has not and makes no warrants.

Location

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Neighborhood

324-328 Essex St # 3, 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 $744
Homeowners Insurance $200
HOA Fee $628
PMI $0

Property History

Market Insights

10
Total Days on Market

Property Timeline

Sold
Sep 6, 2024
$985,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Jul 17, 2024
$985,000
Original listing
Agent: Michael Selbst Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Jul 17, 2024 New Listing Added $985,000

Market Statistics

Days on Market
8 days
Price per Sq Ft
$563

Tax History

Year Taxes Assessment
2024 $8,924 $768,000

Financial Details

Annual Property Tax
$8,924
Tax Year 2024
HOA Fee
$628
Monthly
Assessed Value
$768,000

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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