45 Summit Ave, Salem MA 01970

Salem, MA 01970 • South Salem
$774,500
Est. $4,772/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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3
Beds
2
Baths
1,908
Sq Ft
$406
Price/Sq Ft
0.13
Acres
1920
Year Built
2
Parking
10 hours 58 minutes
Time on Market
For Sale Open House Listed Sep 21, 2026 • MLS# 73580330 Copied! • Updated Sep 21, 2026

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Open House Schedule

26
Sep
Saturday, September 26
10:00 AM - 11:30 AM EDT
27
Sep
Sunday, September 27
11:00 AM - 1:00 PM EDT

About this home

A wonderful opportunity to own a home in this coveted South Salem neighborhood where properties rarely come up for sale, especially one so unique. Tucked in on a beautiful tree lined street this 1920s Craftsman bungalow, once part of the historic Pitman Estate, brings together classic charm and a location that's hard to beat. In fact, the home has only had three owners in over 100 years, a true testament to how special this property is. Once inside, the character shows immediately. Beautiful hardwood floors, coffered ceilings, ornate windows, rich original woodwork, and built-in china cabinets all speak to the craftsmanship of the era. A cozy gas fireplace adds warmth and charm to the living space especially on those cool New England nights. The renovated kitchen is a standout with cathedral ceilings, skylights that fill the space with natural light, a kitchen island, and breakfast nook. The open layout with family/dining room right off kitchen creates a perfect venue for entertaining. The home offers 3 bedrooms, 2 bathrooms, and over 1,900 square feet of comfortable living space, including a flexible office/guest room. The thoughtfully updated kitchen and bathrooms add modern convenience without losing any of that old-house charm. Two heat pumps with mini splits throughout offers efficient, comfortable heating/cooling year-round. Lots of potential to add solar. Open the sliding doors off the kitchen you'll find a great backyard made for everyday life. Private patio perfect for relaxing or entertaining, a fenced in vegetable garden ready for planting, and a custom-built swings set that makes the yard a favorite spot for kids and adults alike. When it comes to location, this one is has it all, just a short walk to the ocean, Forest River Park, with its trails and open green space, walking distance to Salem State University, and the commuter rail just over a mile away for an easy trip into Boston. Add in the neighborhood's low turnover, and it's easy to see why this is one of Salem's most desirable places to call home. This home is truly a special place, boasting real history, character that can't be replicated these days and a bit of that Salem magic all mixed together. Once you come see you won't want to leave. Come take a look for yourself.

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Recently Sold Nearby

Property History

Market Insights

52.1%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Sep 21, 2026
$774,500
Original listing
Office: J. Barrett & Company
Previous Transaction - MLS #71872501
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 28, 2015
$371,000
MLS #71872501

Tax History

Year Taxes Assessment
2026 $7,873 $730,300

Financial Details

Annual Property Tax
$7,873
Tax Year 2026
Assessed Value
$730,300

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1920
Living Area 1,908 sq ft
Lot Size 0.13 acres
Bedrooms 3
Full Baths 2
Total Rooms 9

Interior

Heating Heat Pump, Ductless
Cooling Heat Pump, Ductless
Flooring Flooring - Hardwood
Appliances Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Family Room, Living Room
Fireplaces 2
Basement Full, Concrete
Laundry In Basement
Features Office

Exterior

Construction Frame
Architecture Bungalow, Craftsman
Roof Shingle
Features Porch - Enclosed, Patio, Balcony, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch - Enclosed, Patio
Features Paved Drive, Off Street, Paved
Total Spaces 2
Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $7,873
Assessed Value $730,300
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Public Record States Home Is 1 Level, When It Has A Second Floor. Buyer And Buyers Agents To Do Own Due Diligence
Exclusions Swings On Swingset Not Included. Two Stained Glass Windows On Hooks In Bathrooms Not Included.
Possession None
Accepted Financing None
Structure Type []
House Color pink
Sq Ft Source Public Record
Sq Ft Disclosures All measurements are approximate. Buyers to do own due diligence.
Documents None
County Essex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
2
Living Area
1,908 sq ft
Total Rooms
9
Main Level Bedrooms
1

Floor Layout

Interior Features

Flooring: Flooring - Hardwood
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Office
Windows:
Basement: Full, Concrete
Laundry: In Basement
Security:

Construction & Materials

Style: Bungalow, Craftsman
Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Heat Pump, Ductless
Heating Zones: 2
Cooling: Heat Pump, Ductless
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Patio, Balcony, Fenced Yard
Patio & Porch: Porch - Enclosed, Patio
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 2
Fireplace Type: Family Room, Living Room
Community Amenities: Public Transportation, Shopping, Pool, Park, Public School, University, Sidewalks
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
C+
Saltonstall School
0.4 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
The Greenhouse School
0.8 mi
Grades PK-08
C
Horace Mann Laboratory School
1.0 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
B-
Collins Middle School
0.9 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Village School
1.2 mi | #266 of 825 | Score: 51.8
Dropped 77 spots from last year
-6.4 below state avg
480 students Less Diverse
Strong Attendance
Grades 04-06
A-
Marblehead Veterans Middle School
1.5 mi | #88 of 352 | Score: 50.8
Dropped 35 spots from last year
-7.4 below state avg
347 students Moderate
Grades 07-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.6 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.1 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
A-
Marblehead High School
1.5 mi | #82 of 346 | Score: 62.5
Dropped 39 spots from last year
+4.3 above state avg
807 students Moderate
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $656
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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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.

Location

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Neighborhood

South Salem

45 Summit Ave, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Daniel Flanagan
Listing Office J. Barrett & Company
Office Phone 978-468-0046
Agent MLS ID CN212044
Office MLS ID C95243
Listing Data Updated Sep 21, 2026 3:29 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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