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8 Burnside Street # 2, Salem MA 01970

Salem, MA 01970
$161,500
Est. $1,214/month
2
Beds
1
Baths
596
Sq Ft
$271
Price/Sq Ft
0.11
Acres
1870
Year Built
16
Days on Market
Closed Listed Feb 2, 2017 • MLS# 72115027 Copied!

About this home

Great opportunity to become a home owner. This first floor unit, located in the ever popular historic Salem, is situated near all that anyone could want including the commuter rail, down town, Salem common, shopping, Salem State University, Collins Cove, Salem Willows and so much more. All on one level living with 2 bedrooms with new carpets, bright sunny living room with hardwood floors, eat in kitchen and laundry located in unit. Large common yard with 2 patios, garden area and entirely fenced in. Two off street spots. Pets are welcome.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1870
Bedrooms
2
Full Bathrooms
1
Living Area
596 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $168,900
Final Sale Price: $161,500
Difference: $7,400 (-4.4%)
Performance Metrics
95.6%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $283
Sale $/sq ft: $271
This property sold for $271 per square foot
Sale Summary

This property sold for 4.4% below the original asking price.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$271/sq ft
Area Average
$513/sq ft
Difference
47.2%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1870
Living Area 596 sq ft
Lot Size 0.11 acres
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Oil
Cooling Window Unit(s)
Flooring Wood, Vinyl, Carpet
Appliances Range, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Patio, Fenced Yard, Garden
Pool None
Spa None
Fencing Security, Fenced
Patio/Porch Patio

Parking

Has Garage Yes
Features Detached, Assigned, Off Street, Tandem
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $2,365
Assessed Value $148,600

Interior Features

Flooring: Wood, Vinyl, Carpet
Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1870
Effective Year (Renovated): 2005
Structure Type: Garden, Duplex
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: Window Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Fenced Yard, Garden
Patio & Porch: Patio
Fencing: Security, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Detached, Assigned, Off Street, Tandem

Location

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Neighborhood

8 Burnside Street # 2, Salem MA 01970

Salem, MA 01970

Walkability

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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
E

Elementary Schools

9 schools
The Phoenix School
1.3 mi
Grades PK-08
The Greenhouse School
2.4 mi
Grades PK-08
B-
Carlton School
< 0.1 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.6 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.6 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
0.9 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Saltonstall School
1.3 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
1.9 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
2.0 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
1.5 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.1 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
2.1 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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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 $197
Homeowners Insurance $200
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

47.9%
Price Range
19
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73542036
Full transaction history available when tracking began
🏡
Currently Listed
Jun 25, 2026
$309,900
MLS #73542036 - Active
Previous Transaction - MLS #73174285
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 11, 2023
$310,000
MLS #73174285
Sold
Mar 1, 2017
$161,500
Property sold
Days on Market: 19
🏠
Listed for Sale
Feb 2, 2017
$168,900
Original listing
Agent: Marie Bishop Office: LAER Realty Partners

Price & Status History

Date Event Price Change
Jun 26, 2026 Sold $309,900
Dec 11, 2023 Sold $310,000
Feb 2, 2017 New Listing Added $168,900

Market Statistics

Days on Market
16 days
Price per Sq Ft
$271

Tax History

Year Taxes Assessment
2017 $2,365 $148,600

Financial Details

Annual Property Tax
$2,365
Tax Year 2017
Assessed Value
$148,600

Listing Information

Listing Office LAER Realty Partners
Agent MLS ID C3383711
Office MLS ID AN1202
Listing Data Updated Mar 2, 2017 10:30 AM EST
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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