FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
LevelThird
55 Ocean Ave # 3, Salem MA 01970
Salem, MA 01970
$258,000
Track this home for price, status, and open-house alerts.
Sale Statistics
Sale Overview
Original List Price:
$259,900
Final Sale Price:
$258,000
Difference:
$1,900 (-0.7%)
Performance Metrics
99.3%
List to Sale Ratio
Sold below asking price
216
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$186
Sale $/sq ft:
$185
This property sold for $185 per square foot
Sale Summary
This property sold for 0.7% below the original asking price.
At 216 days on market, this property took longer than average to sell.
Nearby Sales Comparison
Based on 15 similar properties sold within 0.5 miles in the last 90 days
This Property
$185/sq ft
Area Median
$416/sq ft
Difference
55.5%
This property sold below the area median, potentially representing good value for the buyer.
About this home
AWESOME CONDO!!! Best VALUE in SALEM! Move in ready Top Level Unit in a Classic Queen Ann Victorian (3) family home. Rooms are flooded with light from the oversized double glass windows. High ceilings and spacious rooms give you the feeling of a single family home. Beautiful hardwood floors throughout and a large dining room for Holiday gatherings. Bay windowed dining room also has a built in china cabinet, additional closet and amazing carved wood mantle. Lots of room in the fully appliance kitchen with center island sit down eating space. All three bedrooms are good size with closets. Super location just one block from a bus stop on Lafayette St. Really short 5 or 6 minute walk to Salem State University, Salem Harbor and Forest River Park. Off street parking for (1) car and secure storage in the basement. Nice place to call home! New heating system in November.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Price & Status History
Market Insights
55.8%
Price Range
217
Total Days on Market
4
Previous Sales
Property Timeline
Current Active Listing - MLS #73600739
Full transaction history available when tracking began
Currently Listed
Nov 10, 2026
$489,000
MLS #73600739 - Active
Previous Transaction - MLS #72997761
Full transaction history available when tracking began
Previously Sold
Jul 8, 2022
$430,000
MLS #72997761
Previous Transaction - MLS #72428465
Full transaction history available when tracking began
Previously Sold
Jan 17, 2019
$303,900
MLS #72428465
Sold
Apr 28, 2016
$258,000
Property sold
Days on Market: 217
Listed for Sale
Aug 12, 2015
$259,900
Original listing
Agent: William B. Hoey
Office: RE/MAX Renaissance Inc.
Previous Transaction - MLS #70140857
Full transaction history available when tracking began
Previously Sold
Apr 14, 2005
$275,000
MLS #70140857
Previous Transaction - MLS #30622217
Full transaction history available when tracking began
Previously Sold
Sep 25, 2002
$216,000
MLS #30622217
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/10/2026 | 🏡 Currently Listed | $489,000 | - | - | MLS #73600739 - Active |
| 07/08/2022 | 🏷️ Previously Sold | $430,000 | - | - | MLS #72997761 |
| 01/17/2019 | 🏷️ Previously Sold | $303,900 | - | - | MLS #72428465 |
| 04/28/2016 | ✓ Sold | $258,000 | - | - | Property sold |
| 08/12/2015 | 🏠 Listed for Sale | $259,900 | - | - | Original listing |
| 04/14/2005 | 🏷️ Previously Sold | $275,000 | - | - | MLS #70140857 |
| 09/25/2002 | 🏷️ Previously Sold | $216,000 | - | - | MLS #30622217 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2016 | $3,476 | $212,000 |
Financial Details
Annual Property Tax
$3,476
Tax Year 2016
HOA Fee
$216
Monthly
Assessed Value
$212,000
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1895
Living Area
1,395 sq ft
Lot Size
0.10 acres
Bedrooms
3
Full Baths
1
Total Rooms
6
Interior
Heating
Central, Forced Air, Natural Gas
Cooling
Window Unit(s)
Flooring
Vinyl, Hardwood
Appliances
Range, Dishwasher, Disposal, Refrigerator
Fireplace
None
Basement
Y
Laundry
In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame, Stone
Architecture
None
Roof
Slate
Features
Porch, Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Off Street, Assigned, Deeded
Total Spaces
1
Utilities
Electric
220 Volts, Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$3,476
Assessed Value
$212,000
HOA & Community
HOA Fee
$216 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
3
Pets
Yes
MA Disclosures
Seller Disclosures
None
Exclusions
Washer And Dryer
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["2\/3 Family"]
Unit/Building
3
Sq Ft Source
Field Card
Sq Ft Disclosures
GAS --> HEAT, HOT WATER, COOKING = Less than $900.00 LAST YEAR!!!
Documents
Master Deed, Rules & Regs, Management Association Bylaws, Floor Plans (4)
County
Essex
Total market time (incl. prior listings)
217 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1895
Bedrooms
3
Full Bathrooms
1
Living Area
1,395 sq ft
Total Rooms
6
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Dimensions13 x 10
FeaturesCloset, Flooring - Hardwood
LevelThird
Dimensions16 x 13
FeaturesCloset, Flooring - Hardwood, Window(s) - Bay/Bow/Box
LevelThird
Dimensions16 x 11
FeaturesFlooring - Vinyl, Dining Area, Kitchen Island, Gas Stove
LevelThird
Dimensions13 x 10
FeaturesCloset, Flooring - Hardwood
LevelThird
Dimensions16 x 15
FeaturesFlooring - Hardwood, Window(s) - Bay/Bow/Box
LevelThird
Dimensions12 x 11
FeaturesCeiling Fan(s), Closet, Flooring - Hardwood
LevelThird
FeaturesNo
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (2)
BRBedroom (3)
DDining (1)
KKitchen (1)
LLiving (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Hardwood
Appliances:
Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows:
Insulated Windows
Basement:
Y
Laundry:
In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1895
Effective Year (Renovated):
2002
Structure Type:
2/3 Family
Exterior Materials:
Frame, Stone
Roof:
Slate
Foundation:
Stories:
1
Utilities & Systems
Heating:
Central, Forced Air, Natural Gas
Heating Zones:
1
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch, Rain Gutters
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Off Street, Assigned, Deeded
Nearby Schools
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
Elementary Schools
9 schools
The Greenhouse School
0.7 mi
Grades PK-08
The Phoenix School
1.3 mi
Grades PK-08
C+
Saltonstall School
0.4 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
C
Horace Mann Laboratory School
0.9 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
B
Witchcraft Heights School
1.5 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+
Bentley Academy Innovation School
1.6 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
1.6 mi
107 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.6 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
2.0 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
Middle Schools
1 school
B-
Collins Middle School
0.8 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
High Schools
2 schools
B+
Salem Academy Charter School
0.7 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
0.9 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
Learn about these ratings
Location
Loading map...
Neighborhood
55 Ocean Ave # 3, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
William B. Hoey
Listing Office
RE/MAX Renaissance Inc.
Office Phone
978-664-3000
Agent MLS ID
B8001188
Office MLS ID
AN2612
Listing Data Updated
Apr 29, 2016 1:19 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Salem.