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328 Essex Street # 4, Salem MA 01970

Salem, MA 01970
$900,000
Est. $6,096/month
2
Beds
2.5
Baths
2,057
Sq Ft
$438
Price/Sq Ft
1813
Year Built
14
Days on Market
Closed Listed May 8, 2024 • MLS# 73234606 Copied!

About this home

Rare property with stunning historical details in the McIntire District. This exquisitely appointed unit blends 19th-century architecture with custom updates and modern conveniences. Natural light illuminates the grand staircase with original artisan railing details through an antique skylight with intricate spindle details. The 1st floor bedroom/office sets the tone with built-in bookcase, crown molding, fireplace and half bath with exposed brick. Upstairs, the custom kitchen features skylight, soapstone counters and farmer's sink, marble backsplash, top-of-the-line appliances and walk-in pantry. The spacious formal living/dining area includes built-in breakfast nook, fireplace, and window seat with views of the Ropes Mansion. Enjoy a private primary suite with fireplace, custom closets, and marble bathroom. Plenty of space with additional full bath, laundry room, third floor office/storage and overflow storage in basement. 2 off-street parking spots and steps to downtown.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1813
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,057 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $899,000
Final Sale Price: $900,000
Difference: +$1,000 (+0.1%)
Performance Metrics
100.1%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $437
Sale $/sq ft: $438
This property sold for $438 per square foot
Sale Summary

This property sold for 0.1% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$438/sq ft
Area Average
$341/sq ft
Difference
+28.5%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1813
Living Area 2,057 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 6

Interior

Heating Central, Forced Air, Natural Gas, Individual
Cooling Central Air, Individual
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room, Master Bedroom, Bedroom
Fireplaces 3
Basement Y
Laundry Closet/cabinets - Custom Built, Flooring - Marble, Countertops - Stone/granite/solid, Recessed Lighting, Third Floor, In Unit
Features Closet/cabinets - Custom Built, Recessed Lighting, Home Office

Exterior

Construction Brick
Architecture None
Roof Shingle, Slate, Rubber
Features Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,615
Assessed Value $741,400

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Closet/Cabinets - Custom Built, Recessed Lighting, Home Office
Windows:
Basement: Y
Laundry: Closet/Cabinets - Custom Built, Flooring - Marble, Countertops - Stone/Granite/Solid, Recessed Lighting, Third Floor, In Unit
Security: Intercom, Security System

Construction & Materials

Year Built: 1813
Effective Year (Renovated): 2005
Structure Type: Townhouse
Exterior Materials: Brick
Roof: Shingle, Slate, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

Special Features

Fireplaces: 3
Fireplace Type: Living Room, Master Bedroom, Bedroom
Community Amenities: Public Transportation, Shopping, Park, T-Station

Location

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Neighborhood

328 Essex Street # 4, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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

3 schools
The Phoenix School
0.5 mi
Grades PK-08
B-
Saltonstall School
0.7 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B-
Carlton School
0.9 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
M

Middle Schools

1 school
C+
Collins Middle School
0.5 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.8 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.2 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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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 $718
Homeowners Insurance $200
HOA Fee $628/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

0.1%
Price Range
16
Total Days on Market

Property Timeline

Sold
Jun 21, 2024
$900,000
Property sold
Days on Market: 16
🏠
Listed for Sale
May 8, 2024
$899,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
May 8, 2024 New Listing Added $899,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$438

Tax History

Year Taxes Assessment
2024 $8,615 $741,400

Financial Details

Annual Property Tax
$8,615
Tax Year 2024
HOA Fee
$628
Monthly
Assessed Value
$741,400

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279
Listing Data Updated Jun 21, 2024 4:12 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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