5 Walter St., Salem MA 01970

Salem, MA 01970
$645,000
Est. $4,028/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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4
Beds
1.5
Baths
1,495
Sq Ft
$431
Price/Sq Ft
0.06
Acres
1915
Year Built
2
Parking
4 hours 38 minutes
Time on Market
For Sale Open House Listed Sep 16, 2026 • MLS# 73578618 Copied! • Updated Sep 16, 2026

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Open House Schedule

19
Sep
Saturday, September 19
11:00 AM - 12:30 PM EDT
20
Sep
Sunday, September 20
11:00 AM - 12:30 PM EDT

About this home

Welcome home to this beautifully maintained Salem Colonial, offering 4+ bedrooms and 1.5 baths. The spacious kitchen features a brand-new stove and dishwasher, while the inviting dining room showcases custom built-ins. Beautiful hardwood floors add warmth and character throughout. Outside, enjoy a fully fenced backyard, perfect for relaxing or entertaining. Recently installed solar panels help keep energy costs in check, adding efficiency and value to this charming home. Recent updates include new gas furnace (2026) and new hot water (2025). Easy to show!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 17, 2026
$645,000
Original listing
Agent: Jenny May Office: J. Barrett & Company

Tax History

Year Taxes Assessment
2026 $6,797 $630,500

Financial Details

Annual Property Tax
$6,797
Tax Year 2026
Assessed Value
$630,500

Facts & Features

Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1915
Living Area 1,495 sq ft
Lot Size 0.06 acres
Bedrooms 4
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Vinyl, Hardwood, Flooring - Hardwood
Appliances Electric Water Heater, Range, Dishwasher, Refrigerator
Fireplace None
Basement Full
Laundry In Basement, Gas Dryer Hookup
Features Office

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Porch, Deck, Storage
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch, Deck
Features Off Street, Tandem
Total Spaces 2
Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Gas Dryer
Annual Tax $6,797
Assessed Value $630,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Solar Panels Installed In 2025. Transferable Lease To Be Assumed By Buyer.
Possession None
Accepted Financing None
Structure Type []
House Color Red
Sq Ft Source Public Record
Sq Ft Disclosures LIVING AREA DOES NOT INCLUDE FINISHED THIRD FLOOR (2BR + HALF BATH)
Documents None
County Essex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1915
Bedrooms
4
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,495 sq ft
Total Rooms
8

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Hardwood, Flooring - Hardwood
Appliances: Electric Water Heater, Range, Dishwasher, Refrigerator
Interior Features: Office
Windows:
Basement: Full
Laundry: In Basement, Gas Dryer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 1915
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar, Granite

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck, Storage
Patio & Porch: Porch, Deck
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

9 schools
The Phoenix School
0.7 mi
Grades PK-08
The Greenhouse School
2.1 mi
Grades PK-08
B-
Carlton School
0.5 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
0.6 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.0 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.0 mi
107 students Diverse
Diverse Student Body
Grades PK
C+
Saltonstall School
1.1 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
B
Witchcraft Heights School
1.3 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
C
Horace Mann Laboratory School
1.5 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
B-
Collins Middle School
1.0 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.0 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.6 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $566
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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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.

Location

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Neighborhood

5 Walter St., Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Jenny May
Listing Office J. Barrett & Company
Office Phone 978-922-3683
Agent MLS ID C0001878
Office MLS ID AC2087
Listing Data Updated Sep 16, 2026 8:39 PM 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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