7 Phelps Street # 1, Salem MA 01970

Salem, MA 01970
$430,000
Est. $2,289/month
2
Beds
1
Baths
966
Sq Ft
$445
Price/Sq Ft
1920
Year Built
Condominium
Type
23
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73279924

About this home

This lovely garden-style residence is located in one of Salem's finer neighborhoods, on a quiet dead-end side street, abutting the McIntire historic district. You'll enjoy the serenity of the suburbs while living only minutes from the museums, shops, restaurants and pubs in vibrant downtown Salem. This first-floor condo features a large open-concept living room and dining room with high ceilings, center bay window, built-in China cabinet, glass panel doors and beautiful hardwood floors. The large eat-in kitchen features a classic walk-in pantry, stainless appliances and stone countertops. The kitchen provides easy access to a covered porch, overlooking beautiful perennial gardens and grassy outdoor space. The unit includes a deeded garage space, and a second parking spot just outside of the garage. Single-level living on a wonderful tree-lined street, in a great neighborhood!

Sale Statistics

Sale Overview
Original List Price: $429,900
Final Sale Price: $430,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $445
Sale $/sq ft: $445
This property sold for $445 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Living Area
966 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Vinyl, Hardwood, Flooring - Hardwood
Heating
Baseboard
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Interior Features
Storage, Foyer, Internet Available - Broadband
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement, In Building
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Covered Patio/Deck, Garden, Rain Gutters
Patio/Porch Features
Covered
Has Spa
No
Waterfront Features
1/2 to 1 Mile To Beach
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Deeded, Paved
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 220 Volts, Circuit Breakers

Community & HOA

Community Features
Public Transportation, Park, Golf, Medical Facility, Bike Path, T-Station, University
HOA Fee
$150
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,720
Tax Year
2024
Tax Assessed Value
$406,200
Parcel Number
4465892
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Exclusions
Personal Items. All Appliances Stay.

Location

Loading map...

Neighborhood

7 Phelps Street # 1, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $393
Homeowners Insurance $200
HOA Fee $150
PMI $0

Property History

Market Insights

0%
Price Range
24
Total Days on Market

Property Timeline

Sold
Oct 10, 2024
$430,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Aug 20, 2024
$429,900
Original listing
Agent: Mark M. Wade Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Aug 20, 2024 New Listing Added $429,900

Market Statistics

Days on Market
23 days
Price per Sq Ft
$445

Tax History

Year Taxes Assessment
2024 $4,720 $406,200

Financial Details

Annual Property Tax
$4,720
Tax Year 2024
HOA Fee
$150
Monthly
Assessed Value
$406,200

Listing Information

Listing Agent Mark M. Wade
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID C9501114
Office MLS ID AN6221

Similar Homes

7 Phelps Street # 1, Salem MA 01970 - Photo 1 7 Phelps Street # 1, Salem MA 01970 - Photo 2 7 Phelps Street # 1, Salem MA 01970 - Photo 3 7 Phelps Street # 1, Salem MA 01970 - Photo 4 7 Phelps Street # 1, Salem MA 01970 - Photo 5 7 Phelps Street # 1, Salem MA 01970 - Photo 6 7 Phelps Street # 1, Salem MA 01970 - Photo 7 7 Phelps Street # 1, Salem MA 01970 - Photo 8 7 Phelps Street # 1, Salem MA 01970 - Photo 9 7 Phelps Street # 1, Salem MA 01970 - Photo 10 7 Phelps Street # 1, Salem MA 01970 - Photo 11 7 Phelps Street # 1, Salem MA 01970 - Photo 12 7 Phelps Street # 1, Salem MA 01970 - Photo 13 7 Phelps Street # 1, Salem MA 01970 - Photo 14 7 Phelps Street # 1, Salem MA 01970 - Photo 15 7 Phelps Street # 1, Salem MA 01970 - Photo 16 7 Phelps Street # 1, Salem MA 01970 - Photo 17 7 Phelps Street # 1, Salem MA 01970 - Photo 18 7 Phelps Street # 1, Salem MA 01970 - Photo 19 7 Phelps Street # 1, Salem MA 01970 - Photo 20 7 Phelps Street # 1, Salem MA 01970 - Photo 21 7 Phelps Street # 1, Salem MA 01970 - Photo 22

Contact Agent

Schedule a Tour