42 Broad Street # 4, Salem MA 01970

Salem, MA 01970
$493,000
Est. $2,624/month
2
Beds
2
Baths
1,060
Sq Ft
$465
Price/Sq Ft
0.00
Acres
1900
Year Built
Condominium
Type
48
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73325810

About this home

This bright spacious two bedroom condo is located on a wide residential boulevard conveniently located within blocks to downtown Salem, the Historic Federal McIntire District, as well as close to the major highways and train station for commuting. Newly installed windows throughout for efficient heat lend to the bright rooms with high ceilings. Two very large bedrooms, the main bedroom with full bath and double closets, in-unit laundry, spacious walk-in entry closet, large living room and eat-in kitchen with sliding doors to a private deck complete this unit. The unit also offers a storage room and two deeded parking spaces in the rear of the property. New Heating system and new hot water heater installed second week of January 2025. Solid HOA and management company make this a rare opportunity for a buyer to have all the amenities Salem has to offer. As a resident, many free passes to museums, sandy beaches and harbor. See Firm Remarks regarding offers.

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $493,000
Difference: $6,900 (-1.4%)
Performance Metrics
98.6%
List to Sale Ratio
Sold below asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $472
Sale $/sq ft: $465
This property sold for $465 per square foot
Sale Summary

This property sold for 1.4% below the original asking price.

The property spent 48 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,060 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Interior Features

Flooring
Wood, Vinyl, Carpet
Heating
Baseboard
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Walk-In Closet(s)
Laundry Features
Laundry Closet, Second Floor
Basement Details
Y
Window Features
Insulated Windows
Accessibility Features
No

Exterior & Structure

Roof
Slate
Has Spa
No
Waterfront Features
Harbor, Ocean, Direct Access, 1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.00 acres
Lot Size
0 sq ft
Lot Size Area
0.0000

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$317
Association Amenities
Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,847
Tax Year
2025
Tax Assessed Value
$427,400
Parcel Number
4078551
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
42 Broad Street Condominium
Attached Property
Yes
Disclosures
Room sizes approximate- square footage by assessors.

Location

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Neighborhood

42 Broad Street # 4, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $404
Homeowners Insurance $200
HOA Fee $317
PMI $0

Property History

Market Insights

1.4%
Price Range
49
Total Days on Market

Property Timeline

Sold
Mar 25, 2025
$493,000
Property sold
Days on Market: 49
🏠
Listed for Sale
Jan 14, 2025
$499,900
Original listing
Agent: Debra Goldberg Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Jan 14, 2025 New Listing Added $499,900

Market Statistics

Days on Market
48 days
Price per Sq Ft
$465

Tax History

Year Taxes Assessment
2025 $4,847 $427,400

Financial Details

Annual Property Tax
$4,847
Tax Year 2025
HOA Fee
$317
Per month
Assessed Value
$427,400

Listing Information

Listing Agent Debra Goldberg
Listing Office William Raveis R.E. & Home Services
Agent MLS ID C4462832
Office MLS ID M95385

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