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48 Northey Street # 48, Salem MA 01970

Salem, MA 01970 • Downtown
$695,500
Est. $4,667/month
4
Beds
2
Baths
2,195
Sq Ft
$317
Price/Sq Ft
0.14
Acres
1890
Year Built
21
Days on Market
Closed Listed May 19, 2025 • MLS# 73377387 Copied!

About this home

Located half a mile or less to ALL the Salem things: the train, the Common, Collins Cove, the PEM, + your new favorite haunt, Coffee Time Bake Shop. Don’t tempt me with a whipped cream Bismarck—I’m only human. You’re also moments from Bernadette, Settler, Odd Meter, and Turner’s. Yes, some of the best food + drink in the state are your neighbors. Inside, this upper-level townhouse spans nearly 2,200 square feet with 4 beds, an office, 2 full baths, and serious charm. Wide pine floors, connected and comfortable living space, a cute/clean/functional kitchen, and water views! With a park across the street, light pours in unobstructed. Storage? More in-unit than many single-family homes, plus even MORE in the basement. If you’ve been looking at Salem single-family homes this past year, with four bedrooms and this size: you get it. They don’t come around often, and when they do, they trade north of $800K. This might be your entry into the market. Come see all 48 Northey offers!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1890
Bedrooms
4
Full Bathrooms
2
Living Area
2,195 sq ft
Total Rooms
8
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $695,500
Final Sale Price: $695,500
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $317
Sale $/sq ft: $317
This property sold for $317 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property
$317/sq ft
Area Average
$353/sq ft
Difference
10.2%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1890
Living Area 2,195 sq ft
Lot Size 0.14 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Carpet, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Other
Fireplace None
Basement Y
Laundry In Basement, Electric Dryer Hookup
Features Lighting - Overhead, Home Office

Exterior

Construction None
Architecture None
Roof Shingle, Rubber
Features Storage, Garden
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Tandem, Assigned
Total Spaces 2

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $6,314
Assessed Value $556,800

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Other
Interior Features: Lighting - Overhead, Home Office
Windows:
Basement: Y
Laundry: In Basement, Electric Dryer Hookup
Security: Other

Construction & Materials

Year Built: 1890
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem, Assigned

Location

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Neighborhood

Downtown

48 Northey Street # 48, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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
B-
Carlton School
0.3 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.7 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.7 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
1.1 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.9 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
Bishop Fenwick High School
1.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.8 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

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 $526
Homeowners Insurance $200
HOA Fee $424/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

22
Total Days on Market

Property Timeline

Sold
Jul 21, 2025
$695,500
Property sold
Days on Market: 22
🏠
Listed for Sale
May 19, 2025
$695,500
Original listing
Agent: TEAM BRUSIL Office: Keller Williams Realty Boston-Metro | Back Bay

Price & Status History

Date Event Price Change
May 19, 2025 New Listing Added $695,500

Market Statistics

Days on Market
21 days
Price per Sq Ft
$317

Tax History

Year Taxes Assessment
2025 $6,314 $556,800

Financial Details

Annual Property Tax
$6,314
Tax Year 2025
HOA Fee
$424
Monthly
Assessed Value
$556,800

Listing Information

Listing Agent TEAM BRUSIL
Listing Office Keller Williams Realty Boston-Metro | Back Bay
Agent MLS ID TM356387
Office MLS ID BB5522
Listing Data Updated Jul 29, 2025 5:55 AM 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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