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39 Leach St # 1, Salem MA 01970

Salem, MA 01970 • South Salem
$350,000
Est. $2,525/month
3
Beds
1
Baths
1,299
Sq Ft
$269
Price/Sq Ft
0.16
Acres
1915
Year Built
20
Days on Market
Closed Listed Sep 9, 2019 • MLS# 72561553 Copied!

About this home

You will love this 1st floor garden-style condominium located mid-way between Salem State University and downtown Salem. This spacious, 3-Bedroom unit was converted in 2015 retaining much of its original character, from the stained glass window and high ceilings, to the original refinished hardwood floors. It features an open floor plan, granite/SS kitchen, a tiled bath and an expansive dining room to entertain. Extend your living space to the exclusive use deck that overlooks the backyard. Additional conveniences include generous closet space, 2-car off-street parking, exclusive storage and on-site laundry. Enjoy the ocean breezes on a leisurely stroll to the Salem harbor waterfront and nearby Forest River Park. Less than a mile to the T-station and all that the vibrant city of Salem has to offer! Call today to schedule a showing of your new home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1915
Bedrooms
3
Full Bathrooms
1
Living Area
1,299 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $329,000
Final Sale Price: $350,000
Difference: +$21,000 (+6.4%)
Performance Metrics
106.4%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $253
Sale $/sq ft: $269
This property sold for $269 per square foot
Sale Summary

This property sold for 6.4% 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 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$269/sq ft
Area Average
$384/sq ft
Difference
30.0%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1915
Living Area 1,299 sq ft
Lot Size 0.16 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Features High Speed Internet

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Wood

Parking

Features Assigned
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,867
Assessed Value $322,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: High Speed Internet
Windows: Insulated Windows, Storm Window(s)
Basement: Y
Laundry: In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1915
Effective Year (Renovated): 2014
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Deck - Wood
Patio & Porch: Porch, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Assigned

Location

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Neighborhood

South Salem

39 Leach St # 1, 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

9 schools
The Greenhouse School
1.0 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
B-
Saltonstall School
0.1 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
C-
Horace Mann Laboratory School
1.0 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.3 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.3 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.4 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B
Witchcraft Heights School
1.6 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
B+
Bates School
1.8 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
0.8 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

2 schools
B+
Salem Academy Charter School
0.4 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
1.1 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
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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 $406
Homeowners Insurance $200
HOA Fee $150/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

44.7%
Price Range
22
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73416758
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 1, 2025
$520,000
MLS #73416758
Sold
Oct 23, 2019
$350,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Sep 9, 2019
$329,000
Original listing
Agent: Norman R. Banville Office: Coldwell Banker Residential Brokerage - Topsfield
Previous Transaction - MLS #71813980
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 24, 2015
$287,500
MLS #71813980

Price & Status History

Date Event Price Change
Oct 1, 2025 Sold $520,000
Sep 9, 2019 New Listing Added $329,000
Jul 24, 2015 Sold $287,500

Market Statistics

Days on Market
20 days
Price per Sq Ft
$269

Tax History

Year Taxes Assessment
2019 $4,867 $322,300

Financial Details

Annual Property Tax
$4,867
Tax Year 2019
HOA Fee
$150
Monthly
Assessed Value
$322,300

Listing Information

Listing Agent Norman R. Banville
Listing Office Coldwell Banker Residential Brokerage - Topsfield
Agent MLS ID C9500992
Office MLS ID C75300
Listing Data Updated Oct 23, 2019 1:36 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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