92 Essex Street # 1, Salem MA 01970

Salem, MA 01970
$285,000
1
Beds
1
Baths
836
Sq Ft
$341
Price/Sq Ft
1850
Year Built
1
Garage Space
118
Days on Market
Sold Listed Jan 25, 2017 • MLS# 72112328 Copied! • Updated Jun 27, 2017

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Sale Statistics

Sale Overview
Original List Price: $290,000
Final Sale Price: $285,000
Difference: $5,000 (-1.7%)
Performance Metrics
98.3%
List to Sale Ratio
Sold below asking price
118
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $347
Sale $/sq ft: $341
This property sold for $341 per square foot
Sale Summary

This property sold for 1.7% below the original asking price.

At 118 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 35 similar properties sold within 0.5 miles in the last 90 days

This Property
$341/sq ft
Area Median
$467/sq ft
Difference
27.0%

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

About this home

Back on Market due to financing glitch. Buyer's loss is your gain! Truly rare opportunity in the heart of Historic Downtown Salem: Light, spacious and tranquil first floor, one bedroom condo with onsite garage parking spot and central A/C, mere steps to the Salem Common, the Peabody Essex Museum, top notch restaurants and a short walk to the commuter rail with express service to Boston. New high efficiency gas heating/cooling system and new hot water tank installed in 2013. Must see!

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Recently Sold Nearby

Property History

Market Insights

26.6%
Price Range
91
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73318880
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 4, 2025
$385,000
MLS #73318880
Sold
Jun 27, 2017
$285,000
Property sold
Days on Market: 91
🏠
Listed for Sale
Jan 25, 2017
$282,500
Original listing
Agent: Carmel Harney Office: Coldwell Banker Residential Brokerage - Marblehead

Tax History

Year Taxes Assessment
2017 $3,954 $249,300

Financial Details

Annual Property Tax
$3,954
Tax Year 2017
HOA Fee
$178
Monthly
Assessed Value
$249,300

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 836 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry In Building
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Exclusive Parking
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,954
Assessed Value $249,300

HOA & Community

HOA Fee $178 Monthly
Fee Includes Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Owner-Occupied Units 4
Pets Yes w/ Restrictions
Seller Disclosures Seller Is A Licensed Real Estate Agent Out Of State And Does Not Live Full Time At The Unit.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 1
Sq Ft Source Field Card
Documents Master Deed, Unit Deed, Rules & Regs, Master Plan (4)
County Essex
Total market time (incl. prior listings) 91 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1850
Bedrooms
1
Full Bathrooms
1
Living Area
836 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Building
Security:

Construction & Materials

Year Built: 1850
Structure Type: Garden
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Off Street, Exclusive Parking

Nearby Schools

School information not available for this location.

Location

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Neighborhood

92 Essex Street # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Agent MLS ID CT004173
Office MLS ID C75100
Listing Data Updated Jun 27, 2017 5:55 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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Douglas Elliman
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