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7 Adams Street, Salem MA 01970

Salem, MA 01970
$605,000
Est. $3,220/month
3
Beds
1.5
Baths
1,299
Sq Ft
$466
Price/Sq Ft
0.12
Acres
1915
Year Built
Single Family Residence
Type
18
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73285914

About this home

Welcome to this charming 3-bedroom, 2-bathroom home nestled in the heart of historic Salem, MA. This lovely property boasts updated finishes throughout, including a beautifully finished basement perfect for additional living space or a home office. Enjoy the outdoors on your private off-street deck, perfect for entertaining, while the fenced-in yard offers privacy and room for gardening or pets. With its blend of modern updates and historic charm, this home is perfect for those seeking a cozy retreat in one of Salem's most sought-after locations.

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $605,000
Difference: +$6,000 (+1.0%)
Performance Metrics
101.0%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $461
Sale $/sq ft: $466
This property sold for $466 per square foot
Sale Summary

This property sold for 1.0% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1915
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,299 sq ft
Total Rooms
6

Interior Features

Flooring
Vinyl, Carpet, Hardwood, Flooring - Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Refrigerator
Interior Features
Home Office, Laundry Chute
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Partially Finished
Window Features
Storm Window(s)

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch, Deck, Fenced Yard
Patio/Porch Features
Porch, Deck
Fencing
Fenced
Has Spa
No
Waterfront Features
Ocean
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,201 sq ft
Lot Size Area
0.1200
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
3
Parking Features
Detached, Paved Drive, Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Public School, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,659
Tax Year
2024
Tax Assessed Value
$487,000
Parcel Number
M:23 L:0155,2130946
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Buyer responsible for own due diligence.
Exclusions
See Inclusion/Exclusion List

Location

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Neighborhood

7 Adams Street, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Horace
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Salem High
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $472
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1%
Price Range
19
Total Days on Market

Property Timeline

✓
Sold
Oct 21, 2024
$605,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Sep 5, 2024
$599,000
Original listing
Agent: Team Lillian Montalto Office: Lillian Montalto Signature Properties

Price & Status History

Date Event Price Change
Sep 5, 2024 New Listing Added $599,000 —

Market Statistics

Days on Market
18 days
Price per Sq Ft
$466

Tax History

Year Taxes Assessment
2024 $5,659 $487,000

Financial Details

Annual Property Tax
$5,659
Tax Year 2024
Assessed Value
$487,000

Listing Information

Listing Agent Team Lillian Montalto
Listing Office Lillian Montalto Signature Properties
Agent MLS ID TM338007
Office MLS ID G62122

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