BMN Boston

Get our mobile app!

Download on the App Store

55 Ocean Ave # 3, Salem MA 01970

Salem, MA 01970
$499,000
Est. $3,401/month
3
Beds
1
Baths
1,395
Sq Ft
$358
Price/Sq Ft
0.10
Acres
1895
Year Built
1
Parking
9 hours 36 minutes
Time on Market
Active Open House Listed Jul 6, 2026 • MLS# 73545195 Copied! • Updated Jul 6, 2026

Open House Schedule

11
Jul
Saturday, July 11
11:00 AM - 1:00 PM EDT
09
Jul
Thursday, July 9
5:30 PM - 7:00 PM EDT
12
Jul
Sunday, July 12
11:00 AM - 1:00 PM EDT

About this home

Salem charm at its finest in this 3 bedroom, 1 full bath condo with beautiful hardwood floors, crown molding, loads of natural light, laundry in unit, yard space and off street parking. Enter into a bright living room with lovely detailed mantels just off of the dedicated dining room with electric fireplace and plenty of storage. Enjoy the large kitchen with granite countertops, wood cabinets, and stainless steel appliances. Outside of this well designed unit, you will find a shared yard space and an exclusive garden area to grow whatever you would like. Relax on the wrap around porch overlooking the yard space or venture down the street to one of the nearby beaches or parks. Other local amenities include, Salem State University, Salem Commuter Rail, downtown Salem, restaurants, shops and much more. Join us for one of the open houses either Thursday 7/9 from 5:30-7, Saturday 7/11 & Sunday 7/12 11-1 or schedule a private showing today.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

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

Property History

Market Insights

48.3%
Price Range
3
Previous Sales

Property Timeline

🏠
Listed for Sale
Jul 6, 2026
$499,000
Original listing
Agent: Farrar Realty Group Office: Atlantic Coast Homes,Inc
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
Previous Transaction - MLS #71887950
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 28, 2016
$258,000
MLS #71887950

Tax History

Year Taxes Assessment
2026 $5,189 $481,400

Financial Details

Annual Property Tax
$5,189
Tax Year 2026
HOA Fee
$245
Monthly
Assessed Value
$481,400

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 Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances None
Fireplace None
Fireplaces 2
Basement Y
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Slate
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $5,189
Assessed Value $481,400

HOA & Community

HOA Fee $245 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 3
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1895
Bedrooms
3
Full Bathrooms
1
Living Area
1,395 sq ft
Total Rooms
6
Stories
1
Entry Level
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1895
Effective Year (Renovated): 2002
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
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

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities:

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 $432
Homeowners Insurance $200
HOA Fee $245/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.

Location

Loading map...

Neighborhood

55 Ocean Ave # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Farrar Realty Group
Listing Office Atlantic Coast Homes,Inc
Office Phone 978-777-4444
Agent MLS ID TM333642
Office MLS ID AC1991
Listing Data Updated Jul 6, 2026 3:32 PM 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

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

55 Ocean Ave # 3, Salem MA 01970 - Photo 1 55 Ocean Ave # 3, Salem MA 01970 - Photo 2 55 Ocean Ave # 3, Salem MA 01970 - Photo 3 55 Ocean Ave # 3, Salem MA 01970 - Photo 4 55 Ocean Ave # 3, Salem MA 01970 - Photo 5 55 Ocean Ave # 3, Salem MA 01970 - Photo 6 55 Ocean Ave # 3, Salem MA 01970 - Photo 7 55 Ocean Ave # 3, Salem MA 01970 - Photo 8 55 Ocean Ave # 3, Salem MA 01970 - Photo 9 55 Ocean Ave # 3, Salem MA 01970 - Photo 10 55 Ocean Ave # 3, Salem MA 01970 - Photo 11 55 Ocean Ave # 3, Salem MA 01970 - Photo 12 55 Ocean Ave # 3, Salem MA 01970 - Photo 13 55 Ocean Ave # 3, Salem MA 01970 - Photo 14 55 Ocean Ave # 3, Salem MA 01970 - Photo 15 55 Ocean Ave # 3, Salem MA 01970 - Photo 16 55 Ocean Ave # 3, Salem MA 01970 - Photo 17 55 Ocean Ave # 3, Salem MA 01970 - Photo 18 55 Ocean Ave # 3, Salem MA 01970 - Photo 19 55 Ocean Ave # 3, Salem MA 01970 - Photo 20 55 Ocean Ave # 3, Salem MA 01970 - Photo 21 55 Ocean Ave # 3, Salem MA 01970 - Photo 22 55 Ocean Ave # 3, Salem MA 01970 - Photo 23 55 Ocean Ave # 3, Salem MA 01970 - Photo 24 55 Ocean Ave # 3, Salem MA 01970 - Photo 25 55 Ocean Ave # 3, Salem MA 01970 - Photo 26 55 Ocean Ave # 3, Salem MA 01970 - Photo 27 55 Ocean Ave # 3, Salem MA 01970 - Photo 28 55 Ocean Ave # 3, Salem MA 01970 - Photo 29 55 Ocean Ave # 3, Salem MA 01970 - Photo 30 55 Ocean Ave # 3, Salem MA 01970 - Photo 31 55 Ocean Ave # 3, Salem MA 01970 - Photo 32 55 Ocean Ave # 3, Salem MA 01970 - Photo 33 55 Ocean Ave # 3, Salem MA 01970 - Photo 34 55 Ocean Ave # 3, Salem MA 01970 - Photo 35 55 Ocean Ave # 3, Salem MA 01970 - Photo 36
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour