3 Ocean Ter # 2, Salem MA 01970
Salem, MA 01970 • Forest River
$295,000
Sale Statistics
Sale Overview
Original List Price:
$295,000
Final Sale Price:
$295,000
Difference:
+$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$326
Sale $/sq ft:
$326
This property sold for $326 per square foot
Sale Summary
This property sold exactly at the asking price.
With only 5 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 5 similar properties sold within 0.5 miles in the last 90 days
This Property
$326/sq ft
Area Average
$317/sq ft
Difference
+2.7%
This property sold slightly above the area average for similar homes.
About this home
Welcome to one of the best neighborhoods in Salem! Live by the sea in this charming two-bedroom condo which is one block from the harbor and steps to Forest River Park. Enjoy this spacious sunny home with high ceilings, bay window, hardwood floors and new stainless steel appliances. Feel the inviting flow of the open living room & dining room, and enjoy a peaceful retreat in the exclusive, private rear porch. This unit also comes with plenty of storage in the basement, deeded off-street parking, a laundry room in the basement and is pet friendly. Only minutes from the beach, park, golf course, downtown shops, restaurants and MBTA. Move-in ready, just waiting for its new owner to enjoy. A quick closing is possible. Open house Saturday & Sunday, 12-1:30.
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Recently Sold Nearby
Property History
Market Insights
99.1%
Price Range
6
Total Days on Market
Property Timeline
Current Active Listing - MLS #73554900
Full transaction history available when tracking began
Currently Listed
Jul 25, 2026
$2,600
MLS #73554900 - Active
Sold
Oct 31, 2018
$295,000
Property sold
Days on Market: 6
Listed for Sale
Sep 20, 2018
$295,000
Original listing
Agent: Karen L. Ferro
Office: RE/MAX Advantage Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/25/2026 | 🏡 Currently Listed | $2,600 | - | - | MLS #73554900 - Active |
| 10/31/2018 | ✓ Sold | $295,000 | - | - | Property sold |
| 09/20/2018 | 🏠 Listed for Sale | $295,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2018 | $3,327 | $216,300 |
Financial Details
Annual Property Tax
$3,327
Tax Year 2018
HOA Fee
$250
Monthly
Assessed Value
$216,300
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1905
Living Area
906 sq ft
Lot Size
0.07 acres
Bedrooms
2
Full Baths
1
Total Rooms
5
Interior
Heating
Forced Air, Oil
Cooling
None
Flooring
Tile, Hardwood
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
Y
Laundry
In Basement, Common Area, In Building
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Porch - Enclosed
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Features
Deeded
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,327
Assessed Value
$216,300
HOA & Community
HOA Fee
$250 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure
Amenities
Laundry
Optional Fee Includes
None
Owner-Occupied Units
3
Pets
Yes
MA Disclosures
Seller Disclosures
Large Deeded Storage Room In Basement. Common Laundry In Basement.
Exclusions
A/C Units
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["2\/3 Family"]
Unit/Building
2
Sq Ft Source
Field Card
Documents
Master Deed, Unit Deed, Rules & Regs (3)
County
Essex
Total market time (incl. prior listings)
6 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1905
Bedrooms
2
Full Bathrooms
1
Living Area
906 sq ft
Total Rooms
5
Stories
3
Entry Level
2
Room Details
Second Floor
Dining Room
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Pantry, French Doors, Stainless Steel Appliances
Bedroom2
Flooring - Hardwood, French Doors
Living Room
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Master Bedroom
Ceiling Fan(s), Flooring - Hardwood, French Doors
Other Floor
Bathroom1
Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom
Interior Features
Flooring:
Tile, Hardwood
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Storm Window(s)
Basement:
Y
Laundry:
In Basement, Common Area, In Building
Security:
Construction & Materials
Year Built:
1905
Effective Year (Renovated):
2002
Structure Type:
2/3 Family
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air, Oil
Heating Zones:
1
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch - Enclosed
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Deeded
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 Greenhouse School
0.8 mi
Grades PK-08
The Phoenix School
1.4 mi
Grades PK-08
B-
Saltonstall School
0.4 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
C-
Horace Mann Laboratory School
1.0 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
C+
Bentley Academy Innovation School
1.5 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
1.5 mi
106 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.6 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B
Witchcraft Heights School
1.7 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
B+
Bates School
2.1 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
Middle Schools
1 school
C+
Collins Middle School
1.0 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
High Schools
2 schools
B+
Salem Academy Charter School
0.6 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
1.1 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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Location
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Neighborhood
Forest River
3 Ocean Ter # 2, Salem MA 01970
Salem, MA 01970
Listing Information
Agent MLS ID
C8001678
Office MLS ID
C95234
Listing Data Updated
Oct 31, 2018 12:04 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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