5 Willow Avenue, Salem MA 01970
Salem, MA 01970
$365,000
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Sale Statistics
Sale Overview
Original List Price:
$359,900
Final Sale Price:
$365,000
Difference:
+$5,100 (+1.4%)
Performance Metrics
101.4%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$161
Sale $/sq ft:
$164
This property sold for $164 per square foot
Sale Summary
This property sold for 1.4% above the original asking price, indicating strong buyer demand.
With only 7 days on market, this was a quick sale compared to typical market conditions.
About this home
South Salem 2 family near beach, park and bus route on quiet side street. First floor features a 4 room, 1 bath apartment. 2nd floor features 2 level, 7 rooms, 4 bedrooms and 2 baths. Separate utilities, replacement windows, garage, yard and parking. Showing start at Open House Sunday April 26, 11-1
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Property History
Market Insights
58.9%
Price Range
8
Total Days on Market
1
Previous Sales
Property Timeline
Current Active Listing - MLS #73578416
Full transaction history available when tracking began
Currently Listed
Sep 16, 2026
$875,000
MLS #73578416 - Active
Previous Transaction - MLS #72330458
Full transaction history available when tracking began
Previously Sold
Jun 29, 2018
$513,000
MLS #72330458
Sold
May 27, 2015
$365,000
Property sold
Days on Market: 8
Listed for Sale
Apr 21, 2015
$359,900
Original listing
Office: Tache Real Estate, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/16/2026 | 🏡 Currently Listed | $875,000 | - | - | MLS #73578416 - Active |
| 06/29/2018 | 🏷️ Previously Sold | $513,000 | - | - | MLS #72330458 |
| 05/27/2015 | ✓ Sold | $365,000 | - | - | Property sold |
| 04/21/2015 | 🏠 Listed for Sale | $359,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2015 | $5,065 | $0 |
Financial Details
Annual Property Tax
$5,065
Tax Year 2015
Assessed Value
$0
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1890
Living Area
2,229 sq ft
Lot Size
0.06 acres
Bedrooms
5
Full Baths
3
Total Rooms
12
Investment Metrics
Units
2
Unit 1 Rent
$1,000/mo · N
Unit 2 Rent
— · N
Total Monthly Rent
$1,000/mo
Gross Income
$12,000
Net Operating Income
$9,629
Operating Expenses
$2,371
Water/Sewer Expense
$786
Insurance Expense
$1,225
Cap Rate
2.68%
Interior
Heating
Central, Baseboard, Natural Gas, Individual, Unit Control
Cooling
None
Flooring
Wood, Vinyl, Carpet
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Interior Entry, Concrete
Laundry
Gas Dryer Hookup
Features
Living Room, Dining Room, Kitchen, Family Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Patio
Parking
Garage Spaces
1
Has Garage
Yes
Features
Paved Drive, Off Street, Tandem, Paved
Total Spaces
4
Utilities
Electric
Circuit Breakers, 60 Amps/less
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Dryer
Financial
Annual Tax
$5,065
Assessed Value
0.00
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
brown
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
8 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
Sold
Year Built
1890
Bedrooms
5
Full Bathrooms
3
Living Area
2,229 sq ft
Total Rooms
12
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Display Options
Outdoor Areas
Patio & porchPatio
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (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:
Wood, Vinyl, Carpet
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen, Family Room
Windows:
Insulated Windows, Screens
Basement:
Full, Interior Entry, Concrete
Laundry:
Gas Dryer Hookup
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone, Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Central, Baseboard, Natural Gas, Individual, Unit Control
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Patio
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Tandem, Paved
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
3 schools
C+
Saltonstall School
0.3 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
The Greenhouse School
0.9 mi
Grades PK-08
C
Horace Mann Laboratory School
1.0 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
Middle Schools
3 schools
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
B+
Village School
1.3 mi
|
#266 of 825
|
Score: 51.8
Dropped 77 spots from last year
-6.4 below state avg
480 students
Less Diverse
Strong Attendance
Grades 04-06
A-
Marblehead Veterans Middle School
1.7 mi
|
#88 of 352
|
Score: 50.8
Dropped 35 spots from last year
-7.4 below state avg
347 students
Moderate
Grades 07-08
High Schools
3 schools
B+
Salem Academy Charter School
0.5 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
1.1 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
A-
Marblehead High School
1.7 mi
|
#82 of 346
|
Score: 62.5
Dropped 39 spots from last year
+4.3 above state avg
807 students
Moderate
20 sports
• 2,426 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Location
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Neighborhood
5 Willow Avenue, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Virginia Carson
Listing Office
Tache Real Estate, Inc.
Office Phone
978-745-2004
Agent MLS ID
C2712712
Office MLS ID
C86500
Listing Data Updated
May 28, 2015 4:20 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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