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389 Essex St # 3, Salem MA 01970

Salem, MA 01970
$460,000
Est. $3,186/month
2
Beds
1
Baths
1,100
Sq Ft
$418
Price/Sq Ft
0.08
Acres
1882
Year Built
20
Days on Market
Closed Listed Sep 9, 2025 • MLS# 73428087 Copied!

About this home

The Kiley House – Penthouse Condo! This 2 bedroom, 1 bath home offers a rare blend of period detail and modern comfort. Set in a stately Second Empire building along the edge of Salem’s famed McIntire District, it features soaring ceilings, oversized windows, wide-plank floors, paneled wood front doors with transoms, and a grand staircase with fluted balusters . The unit's updated kitchen and claw-foot tub bath balance historic charm with today’s lifestyle. Enjoy lots of outdoor space for gardening or relaxing, all just steps to cobblestone sidewalks, the library, restaurants, shops, and the waterfront. Showings begin at the 1st open house, Sat: 9/13 & Sun: 9/14 12-1:30, Mon: 9/15 4:30 - 6:00. See Offer Instructions.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1882
Bedrooms
2
Full Bathrooms
1
Living Area
1,100 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $449,000
Final Sale Price: $460,000
Difference: +$11,000 (+2.4%)
Performance Metrics
102.4%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $408
Sale $/sq ft: $418
This property sold for $418 per square foot
Sale Summary

This property sold for 2.4% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$418/sq ft
Area Average
$422/sq ft
Difference
0.9%

This property sold near the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1882
Living Area 1,100 sq ft
Lot Size 0.08 acres
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Central, Baseboard, Natural Gas
Cooling Wall Unit(s), None
Flooring Tile, Hardwood
Appliances Range, Refrigerator, Washer/dryer
Fireplace None
Basement Y
Laundry Flooring - Hardwood, Third Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Slate
Features Porch, Patio, Covered Patio/deck, Fenced Yard, Garden
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Patio, Covered

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Oven

Financial

Annual Tax $5,220
Assessed Value $460,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Refrigerator, Washer/Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Flooring - Hardwood, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1882
Effective Year (Renovated): 2005
Structure Type: Garden
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Baseboard, Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s), None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Patio, Covered Patio/Deck, Fenced Yard, Garden
Patio & Porch: Porch, Patio, Covered
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

389 Essex St # 3, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

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 $435
Homeowners Insurance $200
HOA Fee $225/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

2.4%
Price Range
21
Total Days on Market

Property Timeline

Sold
Oct 6, 2025
$460,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Sep 9, 2025
$449,000
Original listing
Agent: Joyce Sullivan Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Sep 9, 2025 New Listing Added $449,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$418

Tax History

Year Taxes Assessment
2025 $5,220 $460,300

Financial Details

Annual Property Tax
$5,220
Tax Year 2025
HOA Fee
$225
Monthly
Assessed Value
$460,300

Listing Information

Listing Agent Joyce Sullivan
Listing Office Keller Williams Realty Evolution
Agent MLS ID C8001298
Office MLS ID AN6886
Listing Data Updated Oct 7, 2025 1:58 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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