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42 Broad St # 5, Salem MA 01970

Salem, MA 01970
$336,700
Est. $2,422/month
2
Beds
2
Baths
1,020
Sq Ft
$330
Price/Sq Ft
1900
Year Built
7
Days on Market
Closed Listed Mar 13, 2018 • MLS# 72292570 Copied!

About this home

Welcome to the historic Samuel Mcintire neighborhood! Come home to an impeccably maintained brick & slate Georgian residence with beautiful period details. This 2 bedroom/2 bath home is ideally located to take advantage of Salem's vibrant downtown, waterfront, and train - so you can leave the car at home. Large windows on 3 sides ensures ocean breezes and year round natural light. The remodeled kitchen is fully equipped with stainless appliances, high performance countertops and generous storage for the avid cook. In summer - enjoy a tree top oasis and expansive views from your oversized deck. Great entertaining floorpan, high ceilings, gleaming wood floors, in-unit laundry, gas heating and a bonus space for formal dining or home office. The baths have been tastefully remodeled with luxurious marble vanities, fixtures and tile. The custom walnut built-in offers smart storage and significant room for your wine collection. Pet friendly HOA, freshly painted, and 2 deeded parking!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,020 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $299,000
Final Sale Price: $336,700
Difference: +$37,700 (+12.6%)
Performance Metrics
112.6%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $293
Sale $/sq ft: $330
This property sold for $330 per square foot
Sale Summary

This property sold for 12.6% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 10 similar properties sold within 0.5 miles in the last 90 days

This Property
$330/sq ft
Area Average
$310/sq ft
Difference
+6.3%

This property sold slightly above the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,020 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Wood, Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Energy Star Qualified Dishwasher
Fireplace None
Basement Y
Laundry Dryer Hookup - Electric, Electric Dryer Hookup, First Floor, In Building, In Unit, Washer Hookup
Features Closet, Recessed Lighting, Home Office

Exterior

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

Parking

Features Off Street, Assigned, Deeded, Paved, Exclusive Parking
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,773
Assessed Value $245,300

Interior Features

Flooring: Wood, Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, ENERGY STAR Qualified Dishwasher
Interior Features: Closet, Recessed Lighting, Home Office
Windows: Insulated Windows
Basement: Y
Laundry: Dryer Hookup - Electric, Electric Dryer Hookup, First Floor, In Building, In Unit, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type: Mid-Rise
Exterior Materials: Frame, Brick
Roof: Shingle, Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Deeded, Paved, Exclusive Parking

Location

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Neighborhood

42 Broad St # 5, 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
0.4 mi
Grades PK-08
B-
Saltonstall School
0.6 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
0.8 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
M

Middle Schools

1 school
C+
Collins Middle School
0.3 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
0.9 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
1.6 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 $314
Homeowners Insurance $200
HOA Fee $205/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

38.4%
Price Range
9
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73358256
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 10, 2025
$485,000
MLS #73358256
Previous Transaction - MLS #72968817
Full transaction history available when tracking began
🏷️
Previously Sold
May 19, 2022
$444,000
MLS #72968817
Sold
Apr 27, 2018
$336,700
Property sold
Days on Market: 9
🏠
Listed for Sale
Mar 13, 2018
$299,000
Original listing
Agent: Karen Herrick Office: RE/MAX Leading Edge

Price & Status History

Date Event Price Change
Jun 10, 2025 Sold $485,000
May 19, 2022 Sold $444,000
Mar 13, 2018 New Listing Added $299,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$330

Tax History

Year Taxes Assessment
2018 $3,773 $245,300

Financial Details

Annual Property Tax
$3,773
Tax Year 2018
HOA Fee
$205
Monthly
Assessed Value
$245,300

Listing Information

Listing Office RE/MAX Leading Edge
Agent MLS ID B8000326
Office MLS ID AN0156
Listing Data Updated Apr 30, 2018 10:20 AM 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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