5 Gardner St # 3, Salem MA 01970

Salem, MA 01970
$450,000
Est. $2,395/month
2
Beds
1
Baths
1,104
Sq Ft
$408
Price/Sq Ft
0.15
Acres
1914
Year Built
Condominium
Type
4
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73237757

About this home

Light, bright, & totally turnkey this 2bed/1bath condo will make you say WOW! Well maintained & thoughtfully updated w/in the last 2 years, this gem will not disappoint. A-Frame style cathedral ceilings w/exposed beams give a charming loft-like feel in an open concept living area. New EVERYTHING (quartz & granite counters, stylish lighting, sink/disposal, open shelving & FULL suite of new Samsung 'smart' appliances) means you can host dinner parties ASAP. The bathroom's equally updated w/chic & modern new vanity, tile floor, & even a new toilet! Upgrades to kitchen electric, recessed LED lighting, keyless unit door entry, & smart technology. Added bonuses include dedicated washer/dryer in basement, deeded portion of back porch & tranquil backyard, as well as a brand new Oil Tank & hot-water heater (heat/hot H2O included in low HOA)! All just a few blocks from the best shops/restaurants of vibrant downtown Salem in one direction & Forest River Park in the other. Don't miss this one

Sale Statistics

Sale Overview
Original List Price: $419,000
Final Sale Price: $450,000
Difference: +$31,000 (+7.4%)
Performance Metrics
107.4%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $380
Sale $/sq ft: $408
This property sold for $408 per square foot
Sale Summary

This property sold for 7.4% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1914
Bedrooms
2
Full Bathrooms
1
Living Area
1,104 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Interior Features

Flooring
Tile, Hardwood
Heating
Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Disposal, Microwave, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Oven
Laundry Features
In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Basement Details
Y

Exterior & Structure

Roof
Slate, Rubber
Exterior Features
Porch, Fenced Yard, Garden
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Features
Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,377 sq ft
Lot Size Area
0.1500

Parking & Garage

Has Garage
Yes
Attached Garage
No
Has Carport
No
Parking Features
Detached, Storage, Tandem, On Street

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$311
HOA Fee Frequency
Monthly
Association Amenities
Hot Water
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,973
Tax Year
2024
Tax Assessed Value
$341,900
Parcel Number
M:33 L:0218 S:803,4421181
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Jba Condominium Trust
Common Walls
No One Above
Disclosures
One car permitted in driveway in snow emergencies. 2nd floor BACK porch shared w/U:2. Yard space behind garage exclusive to U:3 (Garage U:1&2 only- have discussed removal). Pet friendly Association (approval needed if +1). All measurements approximate. Buyers to do due diligence
Exclusions
Curtains (Rods Will Stay)

Location

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Neighborhood

5 Gardner St # 3, 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 $331
Homeowners Insurance $200
HOA Fee $311
PMI $0

Property History

Market Insights

6.9%
Price Range
7
Total Days on Market

Property Timeline

Sold
Jun 27, 2024
$450,000
Property sold
Days on Market: 7
🏠
Listed for Sale
May 15, 2024
$419,000
Original listing
Office: The Proper Nest Real Estate

Price & Status History

Date Event Price Change
May 15, 2024 New Listing Added $419,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$408

Tax History

Year Taxes Assessment
2024 $3,973 $341,900

Financial Details

Annual Property Tax
$3,973
Tax Year 2024
HOA Fee
$311
Monthly
Assessed Value
$341,900

Listing Information

Listing Agent KC Cucchi
Listing Office The Proper Nest Real Estate
Agent MLS ID CN247379
Office MLS ID AN7859

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