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42 Broad St # 5, Salem MA 01970

Salem, MA 01970 • McIntire Historic District
$485,000
Est. $3,412/month
2
Beds
2
Baths
1,020
Sq Ft
$475
Price/Sq Ft
1900
Year Built
41
Days on Market
Closed Listed Apr 10, 2025 • MLS# 73358256 Copied!

About this home

Welcome to your dream home in the heart of the McIntire Historic District! This charming 2-bedroom, 2-bathroom single-level condo blends historic elegance with modern comforts. The updated kitchen is a chef's delight, featuring expansive stone countertops, sleek stainless steel appliances, and convenient access to your private deck through stylish sliding glass doors—perfect for al fresco dining or morning coffee. Step into the expansive living and dining area, where natural light pours through large windows, illuminating every corner with a warm glow. This airy space provides a perfect setting for both relaxed living and elegant entertaining, making it the heart of your new home. Enjoy the convenience of in-unit laundry, basement storage, and two parking spaces. This charming abode is just minutes from downtown Salem and the train station. Schedule your visit today to experience this delightful home!

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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
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $485,000
Difference: $14,000 (-2.8%)
Performance Metrics
97.2%
List to Sale Ratio
Sold below asking price
41
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $489
Sale $/sq ft: $475
This property sold for $475 per square foot
Sale Summary

This property sold for 2.8% below the original asking price.

The property spent 41 days on market before selling.

Nearby Sales Comparison

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

This Property
$475/sq ft
Area Average
$422/sq ft
Difference
+12.6%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,020 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring None
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,156
Assessed Value $454,700

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Location

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Neighborhood

McIntire Historic District

42 Broad St # 5, 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 $430
Homeowners Insurance $200
HOA Fee $330/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

1.2%
Price Range
42
Total Days on Market

Property Timeline

Sold
Jun 10, 2025
$485,000
Property sold
Days on Market: 42
🏠
Listed for Sale
Apr 10, 2025
$479,000
Original listing
Agent: David Wise Office: Compass

Price & Status History

Date Event Price Change
Apr 10, 2025 New Listing Added $479,000

Market Statistics

Days on Market
41 days
Price per Sq Ft
$475

Tax History

Year Taxes Assessment
2025 $5,156 $454,700

Financial Details

Annual Property Tax
$5,156
Tax Year 2025
HOA Fee
$330
Per month
Assessed Value
$454,700

Listing Information

Listing Office Compass
Agent MLS ID CN232389
Office MLS ID AN6818
Listing Data Updated Jun 13, 2025 1:30 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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