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48 Essex St # 6, Salem MA 01970

Salem, MA 01970
$231,000
Est. $2,113/month
2
Beds
1
Baths
880
Sq Ft
$263
Price/Sq Ft
1900
Year Built
7
Days on Market
Closed Listed Aug 7, 2017 • MLS# 72210097 Copied!

About this home

Charming spacious 5 Room, 2 bedroom, 1 bathroom condo located in Historical Salem area. Walk to everything! Minutes from Downtown, Salem Common, Pickering Wharf, fabulous dinning, Shops, Salem Willows, Collins Cove, Museums, MBTA and ferry to Boston. This spacious 2nd floor unit boasts with sun light. Quaint living room opens up to extended room, spectacular for dining room/office space or den area, make it your own. Nice hardwood flooring throughout the unit. Updated kitchen with exposed brick for additional charm, granite counter tops, tiled flooring, lots of cabinetry including two nice pantry style cabinets each side of refrigerator, updated bathroom with newly tiled shower. Off the kitchen, exterior door leading to a cozy back deck, perfect to start your day with your morning coffee or just enjoy the warm evening air relaxing. Back interior stairs lead down to the basement area where you have additional storage, washer and dryers for your convince.

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Property Overview

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

Sale Statistics

Sale Overview
Original List Price: $229,000
Final Sale Price: $231,000
Difference: +$2,000 (+0.9%)
Performance Metrics
100.9%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $260
Sale $/sq ft: $263
This property sold for $263 per square foot
Sale Summary

This property sold for 0.9% 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 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$263/sq ft
Area Average
$380/sq ft
Difference
30.8%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 880 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal
Fireplace None
Basement Y
Laundry In Basement, In Building
Features None

Exterior

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

Parking

Features Off Street, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $2,663
Assessed Value $167,900

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building
Security: Intercom

Construction & Materials

Year Built: 1900
Structure Type: Garden
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Paved

Location

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Neighborhood

48 Essex St # 6, 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 $222
Homeowners Insurance $200
HOA Fee $523/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

46.7%
Price Range
9
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73389360
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 29, 2025
$430,000
MLS #73389360
Sold
Oct 2, 2017
$231,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Aug 7, 2017
$229,000
Original listing
Agent: Linda Carrion Office: Tache Real Estate, Inc.

Price & Status History

Date Event Price Change
Jul 29, 2025 Sold $430,000
Aug 7, 2017 New Listing Added $229,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$263

Tax History

Year Taxes Assessment
2017 $2,663 $167,900

Financial Details

Annual Property Tax
$2,663
Tax Year 2017
HOA Fee
$523
Monthly
Assessed Value
$167,900

Listing Information

Listing Office Tache Real Estate, Inc.
Agent MLS ID C9500956
Office MLS ID C86500
Listing Data Updated Oct 2, 2017 12:22 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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