Welcome home! This charming Historic Greek Revival home, built circa 1820, for the Nathanial Perkins family, blends timeless elegance with potential for modern living. Just moments from Salem Common, adjacent to downtown, and less than a mile from the T Station, it offers an unbeatable location. The spacious, light-filled interior spans four levels, featuring thoughtfully designed spaces ready for transformation. The generous backyard, a rare find near downtown, provides a peaceful retreat, while the driveway accommodates parking for 2+ vehicles—a true bonus. This property presents an exciting opportunity to restore and enhance its historic charm, making it uniquely yours.
Sale Statistics
Sale Overview
Original List Price:$1,295,000
Final Sale Price:$1,000,000
Difference:
$295,000 (-22.8%)
Performance Metrics
77.2%
List to Sale Ratio
Sold below asking price
70
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$330
Sale $/sq ft:$255
This property sold for $255 per square foot
Sale Summary
This property sold for 22.8% below the original asking price.
The property spent 70 days on market before selling.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1820
Bedrooms
7
Full Bathrooms
3
Half Bathrooms
2
Living Area
3,919 sq ft
Total Rooms
11
Interior Features
Flooring
Flooring - Hardwood
Heating
Central, Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Gas Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Refrigerator
Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.11 acres
Lot Size
4,661 sq ft
Lot Size Area
0.1100
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Tandem, On Street, Paved
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$11,801
Tax Year
2024
Tax Assessed Value
$1,015,600
Parcel Number
M:35 L:0110,2136264
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Subject to license to sell. Floor plans are for marketing purposes only. Buyer to do their diligence.
Location
Loading map...
Neighborhood
5 Oliver St, Salem MA 01970
Salem, MA 01970
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$983
Homeowners Insurance$200
PMI$0
Property History
Market Insights
16.6%
Price Range
72
Total Days on Market
Property Timeline
✓
Sold
Dec 19, 2024
$1,000,000
Property sold
Days on Market: 72
🏠
Listed for Sale
Sep 17, 2024
$1,199,000
Original listing
Agent: Chris LeVasseurOffice: Keller Williams Realty Evolution
