Dimensions9 x 7
FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
40 Essex Street # 1, Salem MA 01970
Salem, MA 01970
$330,000
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Sale Statistics
Sale Overview
Original List Price:
$324,900
Final Sale Price:
$330,000
Difference:
+$5,100 (+1.6%)
Performance Metrics
101.6%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$282
Sale $/sq ft:
$286
This property sold for $286 per square foot
Sale Summary
This property sold for 1.6% above the original asking price, indicating strong buyer demand.
With only 21 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 27 similar properties sold within 0.5 miles in the last 90 days
This Property
$286/sq ft
Area Median
$475/sq ft
Difference
39.8%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Desirable first floor downtown Salem condo in three-unit building fully renovated in 2007 with a custom kitchen, SS appliances, granite counter & peninsula. Two bedrooms, two bathrooms, in-unit laundry, hardwood floors, central air, and off-street parking. The open dining and living room combine to make plenty of entertaining space. New hot water heater in 2017. Pets – ‘one ordinary domestic household cat or dog may be kept by any unit owner’. Venture just 0.4 miles to the Peabody Essex Museum and take advantage of all that awaits in the bustling downtown, featuring dozens of restaurants. Commuting is easy with the Salem train station 0.7 miles away. Stick close to home and enjoy the Salem Common 0.2 miles, Collins Cove or the Derby Wharf both at just 0.3 miles away.
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Property History
Market Insights
40.9%
Price Range
24
Total Days on Market
Property Timeline
Current Active Listing - MLS #73570783
Full transaction history available when tracking began
Currently Listed
Sep 1, 2026
$549,900
MLS #73570783 - Active
Sold
Jul 20, 2018
$330,000
Property sold
Days on Market: 24
Listed for Sale
Jun 14, 2018
$324,900
Original listing
Agent: Jonathan Davis
Office: Coldwell Banker Residential Brokerage - Beverly
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/01/2026 | 🏡 Currently Listed | $549,900 | - | - | MLS #73570783 - Active |
| 07/20/2018 | ✓ Sold | $330,000 | - | - | Property sold |
| 06/14/2018 | 🏠 Listed for Sale | $324,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2018 | $4,186 | $272,200 |
Financial Details
Annual Property Tax
$4,186
Tax Year 2018
HOA Fee
$175
Monthly
Assessed Value
$272,200
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1870
Living Area
1,153 sq ft
Lot Size
0.12 acres
Bedrooms
2
Full Baths
2
Total Rooms
5
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
In Unit, Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Patio, Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Patio
Parking
Garage Spaces
1
Has Garage
Yes
Features
Detached, Garage Door Opener, Deeded, Off Street, Paved
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$4,186
Assessed Value
$272,200
HOA & Community
HOA Fee
$175 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
1
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Dimensions Are Approximate. See Attached Escrow-email-text-notification. Seller Has Not Lived In The Property For 2+ Years.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Townhouse"]
Unit/Building
1
Sq Ft Source
Owner
Documents
Master Deed, Rules & Regs (2)
County
Essex
Total market time (incl. prior listings)
24 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1870
Bedrooms
2
Full Bathrooms
2
Living Area
1,153 sq ft
Total Rooms
5
Stories
1
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Dimensions11 x 11
FeaturesFlooring - Hardwood, Open Floorplan
LevelFirst
Dimensions18 x 11
FeaturesFlooring - Hardwood, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Peninsula
LevelFirst
Dimensions8 x 7
FeaturesBathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
LevelFirst
Dimensions17 x 10
FeaturesCloset, Flooring - Hardwood, Cable Hookup
LevelFirst
Dimensions21 x 11
FeaturesCloset, Flooring - Hardwood, Cable Hookup, Exterior Access, Open Floorplan
LevelFirst
Dimensions17 x 10
FeaturesBathroom - Full, Closet, Flooring - Hardwood, Cable Hookup
LevelFirst
FeaturesYes
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, Tile
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Insulated Windows
Basement:
Y
Laundry:
In Unit, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1870
Effective Year (Renovated):
2007
Structure Type:
Townhouse
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio, Rain Gutters
Patio & Porch:
Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
2
Parking Features:
Detached, Garage Door Opener, Deeded, Off Street, 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
9 schools
The Phoenix School
1.3 mi
Grades PK-08
The Greenhouse School
1.9 mi
Grades PK-08
C+
Bentley Academy Innovation School
0.5 mi
|
#532 of 825
|
Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.5 mi
107 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.6 mi
|
#470 of 825
|
Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students
Diverse
Diverse Student Body
Grades K-05
C+
Saltonstall School
0.8 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
B+
Bates School
1.3 mi
|
#318 of 825
|
Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C
Horace Mann Laboratory School
1.7 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
B
Witchcraft Heights School
1.8 mi
|
#339 of 825
|
Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
1 school
B-
Collins Middle School
1.2 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
High Schools
2 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
1.8 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
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Location
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Neighborhood
40 Essex Street # 1, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Office
Coldwell Banker Residential Brokerage - Beverly
Office Phone
978-927-1111
Agent MLS ID
CN207375
Office MLS ID
C75000
Listing Data Updated
Jul 20, 2018 10:56 AM 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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