48 Essex Street # 6, Salem MA 01970

Salem, MA 01970
$430,000
Est. $2,289/month
2
Beds
1
Baths
880
Sq Ft
$489
Price/Sq Ft
1900
Year Built
Condominium
Type
18
Days on Market
Closed Listed Sep 30, 2025 • MLS# 73389360 Copied!

About this home

Charming 2-bedroom condo just down the street from Salem Common, The Daniels House, and a block from Historic Derby Street and the Pickering Wharf waterfront. Details such as over 8-foot ceilings, tall windows, pretty hardwood floors, and one off-street parking space make 48 Essex a lovely place to live! Enter into a large, divided front parlor that can be used as living room and dining room and/or home office. The eat-in kitchen features plentiful custom maple cabinets, granite counters, and exposed brick for added character. Both bedrooms are generously sized with ample closet space, and the full bathroom offers classic comfort with tasteful finishes. Enjoy added conveniences like laundry and private storage in the basement, plus a shared common deck on the floor—perfect for relaxing outdoors. A perfect blend of historic charm and modern comfort in one of Salem’s most desirable neighborhoods!

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: $425,000
Final Sale Price: $430,000
Difference: +$5,000 (+1.2%)
Performance Metrics
101.2%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $483
Sale $/sq ft: $489
This property sold for $489 per square foot
Sale Summary

This property sold for 1.2% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

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
Cooling None
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, In Building
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 1

Utilities

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

Financial

Annual Tax $4,172
Assessed Value $367,900

Location

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Neighborhood

48 Essex Street # 6, 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 $348
Homeowners Insurance $200
HOA Fee $400
PMI $0

Property History

Market Insights

1.2%
Price Range
20
Total Days on Market

Property Timeline

Sold
Jul 29, 2025
$430,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Jun 11, 2025
$425,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
Jun 11, 2025 New Listing Added $425,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$489

Tax History

Year Taxes Assessment
2025 $4,172 $367,900

Financial Details

Annual Property Tax
$4,172
Tax Year 2025
HOA Fee
$400
Monthly
Assessed Value
$367,900

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279

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