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7 Winter Street # 2, Salem MA 01970

Salem, MA 01970
$391,000
Est. $2,991/month
2
Beds
2.5
Baths
1,460
Sq Ft
$268
Price/Sq Ft
1873
Year Built
2
Days on Market
Closed Listed Jan 23, 2015 • MLS# 71786885 Copied!

About this home

Stunning Victorian residence! Just steps from the Salem Common is this exceptional luxury townhouse, offering lifestyle and location to the discerning homebuyer. The main living level is elegant and spacious with high ceilings, tall Victorian era windows and classic architectural details. The living room has a centered gas fireplace flanked by a Juliet balcony. The gourmet kitchen is loaded with stone surfaces, custom cherry cabinets and Jenn-Air’s high-end stainless suite. The lower level is an updated, crisp and clean design with rich, dark cork flooring. Two nicely appointed bedrooms and bathrooms, including a luxurious master retreat with walk-in steam shower, walk-in closets and French doors leading to a private outdoor patio. Two car parking; Modern gas heating & cooling systems; Surround sound; Intercom; Etc. An easy walk to the train, restaurants and waterfront.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1873
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,460 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $383,900
Final Sale Price: $391,000
Difference: +$7,100 (+1.8%)
Performance Metrics
101.8%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $263
Sale $/sq ft: $268
This property sold for $268 per square foot
Sale Summary

This property sold for 1.8% above the original asking price, indicating strong buyer demand.

With only 2 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$268/sq ft
Area Average
$357/sq ft
Difference
24.9%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1873
Living Area 1,460 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Flooring - Stone/ceramic Tile, Electric Dryer Hookup, Recessed Lighting, Remodeled, Washer Hookup, In Basement, In Unit
Features Bathroom - Half, Entrance Foyer, Office, Wired For Sound

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Patio, Garden, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio

Parking

Features Deeded
Total Spaces 2

Utilities

Electric 110 Volts, 220 Volts, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $6,465
Assessed Value $394,300

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Interior Features: Bathroom - Half, Entrance Foyer, Office, Wired for Sound
Windows:
Basement: Y
Laundry: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Recessed Lighting, Remodeled, Washer Hookup, In Basement, In Unit
Security: Intercom

Construction & Materials

Year Built: 1873
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Patio, Garden, Professional Landscaping
Patio & Porch: Porch, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Deeded

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Park, Walk/Jog Trails, Bike Path, Marina, T-Station

Location

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Neighborhood

7 Winter Street # 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 $539
Homeowners Insurance $200
HOA Fee $275/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

45.2%
Price Range
3
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73362382
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 24, 2025
$700,000
MLS #73362382
Previous Transaction - MLS #72480949
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 19, 2019
$488,000
MLS #72480949
Sold
Mar 19, 2015
$391,000
Property sold
Days on Market: 3
🏠
Listed for Sale
Jan 23, 2015
$383,900
Original listing
Agent: Mark M. Wade Office: By The Sea Sotheby's International Realty

Price & Status History

Date Event Price Change
Jun 24, 2025 Sold $700,000
Jun 19, 2019 Sold $488,000
Jan 23, 2015 New Listing Added $383,900

Market Statistics

Days on Market
2 days
Price per Sq Ft
$268

Tax History

Year Taxes Assessment
2015 $6,465 $394,300

Financial Details

Annual Property Tax
$6,465
Tax Year 2015
HOA Fee
$275
Monthly
Assessed Value
$394,300

Listing Information

Listing Agent Mark M. Wade
Listing Office By The Sea Sotheby's International Realty
Agent MLS ID C9501114
Office MLS ID C80011
Listing Data Updated Mar 19, 2015 2:11 PM 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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