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52 Forrester # 2, Salem MA 01970

Salem, MA 01970 • Downtown
$850,000
Est. $4,963/month
3
Beds
2.5
Baths
2,060
Sq Ft
$413
Price/Sq Ft
2025
Year Built
39
Days on Market
Closed Listed Feb 26, 2025 • MLS# 73338966 Copied!

About this home

Welcome to 52 Forrester Street. A stunning 3 bedroom, 2.5 bath home boasting over 2,000 square ft of living space. This newly constructed townhome features brand new electrical, plumbing, HVAC, insulation, and windows, ensuring energy efficiency and peace of mind for years to come. The open concept main level showcases a designer kitchen with quartz countertops, shaker cabinets, and SS appliances, seamlessly flowing into the dining and living areas - perfect for entertaining. Upstairs, you'll find spacious bedrooms and beautifully designed bathrooms. The primary suite offers a luxurious ensuite bath, creating a private retreat. Furthermore - a brand new office or workout room - perfect for remote work or fitness enthusiasts. Enjoy the vibrant Salem lifestyle with quaint shops, renowned restaurants, and historic attractions, all a stone's throw away. With easy access to public transportation and commuter routes, this home is ideal for those looking to enjoy the best of coastal living.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2025
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,060 sq ft
Total Rooms
7
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $899,900
Final Sale Price: $850,000
Difference: $49,900 (-5.5%)
Performance Metrics
94.5%
List to Sale Ratio
Sold below asking price
39
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $437
Sale $/sq ft: $413
This property sold for $413 per square foot
Sale Summary

This property sold for 5.5% below the original asking price.

The property spent 39 days on market before selling.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$413/sq ft
Area Average
$392/sq ft
Difference
+5.3%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2025
Living Area 2,060 sq ft
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Central, Heat Pump, Electric
Cooling Central Air, Heat Pump
Flooring Carpet, Hardwood, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator, Range Hood
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Features Recessed Lighting, Home Office

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street
Total Spaces 1

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, Washer Hookup

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Carpet, Hardwood, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
Interior Features: Recessed Lighting, Home Office
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Security:

Construction & Materials

Year Built: 2025
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Heat Pump, Electric
Heating Zones: 2
Cooling: Central Air, Heat Pump
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

Downtown

52 Forrester # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

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 $0
Homeowners Insurance $200
HOA Fee $465/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

5.5%
Price Range
40
Total Days on Market

Property Timeline

Sold
May 15, 2025
$850,000
Property sold
Days on Market: 40
🏠
Listed for Sale
Feb 26, 2025
$899,900
Original listing
Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Price & Status History

Date Event Price Change
Feb 26, 2025 New Listing Added $899,900

Market Statistics

Days on Market
39 days
Price per Sq Ft
$413

Tax History

Year Taxes Assessment
2025 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025
HOA Fee
$465
Per month
Assessed Value
$0

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Herrick Lutts Realty Partners
Agent MLS ID TM312527
Office MLS ID AN6507
Listing Data Updated May 22, 2025 10:31 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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