49 Summit St, Salem MA 01970

Salem, MA 01970
$575,000
Est. $3,060/month
2
Beds
1.5
Baths
2,146
Sq Ft
$268
Price/Sq Ft
0.19
Acres
1965
Year Built
Single Family Residence
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73275035

About this home

Here's your chance to get into the beautiful town of Salem! This charming ranch has wonderful curb appeal with its new stone walkway and entry stairs. Upon entry you'll notice the ease of living with the efficient layout. On the first floor you'll find 2 bedrooms, a full bath, kitchen, living and dining room. Off the kitchen area you'll find a 4-season porch that leads out to your private backyard. Outside there's a matching shed perfect for storage as well as plenty of outdoor space for the kids or just to relax with a book and a glass of lemonade. The basement is finished with ample room and would make an ideal entertaining area with the built in bar.

Sale Statistics

Sale Overview
Original List Price: $529,900
Final Sale Price: $575,000
Difference: +$45,100 (+8.5%)
Performance Metrics
108.5%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $247
Sale $/sq ft: $268
This property sold for $268 per square foot
Sale Summary

This property sold for 8.5% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1965
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,146 sq ft
Total Rooms
5

Interior Features

Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s), None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Basement Details
Full

Exterior & Structure

Architectural Style
Ranch
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.19 acres
Lot Size
8,359 sq ft
Lot Size Area
0.1900
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,864
Tax Year
2024
Tax Assessed Value
$590,700
Parcel Number
M:15 L:0529,2128965
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Listing Terms
Contract

Location

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Neighborhood

49 Summit St, 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 $572
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.8%
Price Range
22
Total Days on Market

Property Timeline

Sold
Sep 6, 2024
$575,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Aug 7, 2024
$529,900
Original listing
Agent: Frederick Dodd Office: Cameron Real Estate Group

Price & Status History

Date Event Price Change
Aug 7, 2024 New Listing Added $529,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$268

Tax History

Year Taxes Assessment
2024 $6,864 $590,700

Financial Details

Annual Property Tax
$6,864
Tax Year 2024
Assessed Value
$590,700

Listing Information

Listing Agent Frederick Dodd
Listing Office Cameron Real Estate Group
Agent MLS ID CN239896
Office MLS ID AC0756

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