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55 Ocean Avenue # 3, Salem MA 01970

Salem, MA 01970
$303,900
3
Beds
1
Baths
1,395
Sq Ft
$218
Price/Sq Ft
0.10
Acres
1895
Year Built
1
Parking
24
Days on Market
Closed Listed Nov 30, 2018 • MLS# 72428465 Copied! • Updated Mar 6, 2019

Sale Statistics

Sale Overview
Original List Price: $299,900
Final Sale Price: $303,900
Difference: +$4,000 (+1.3%)
Performance Metrics
101.3%
List to Sale Ratio
Sold above asking price
24
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $215
Sale $/sq ft: $218
This property sold for $218 per square foot
Sale Summary

This property sold for 1.3% above the original asking price, indicating strong buyer demand.

With only 24 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$218/sq ft
Area Average
$248/sq ft
Difference
12.1%

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

About this home

Beautiful pent house condo in this lovely Victorian style 3 Family house. Location is ideal with a new train stop in the works just blocks away. Close to enough to walk to the downtown, Forest River Park, Salem Harbor, University, train, and the many restaurants Salem has to offer. High enough to catch the summer ocean breezes and abundant light with oversized windows. 3 bedms w/ great closet space, master having 2 closets ,all bedrms w/ gleaming hardwood floors. Upgraded cabinets and granite counters in a large eat in kit. Dining room has a built in bar and electric fireplace exceptional large for all your entertaining needs. Living room has a beautiful faux fireplace and detailed crown molding in keeping w/Victorian charm. Bathroom has original claw foot tub, great for soaking. Each unit has garden bed. Shared grounds, patio and porch. Exclusive attic storage as well as basement storage. 1 deeded parking sp and resident sticker parking for on street parking.

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Recently Sold Nearby

Property History

Market Insights

48.3%
Price Range
26
Total Days on Market
2
Previous Sales

Property Timeline

Current Active Listing - MLS #73545195
Full transaction history available when tracking began
🏡
Currently Listed
Jul 6, 2026
$499,000
MLS #73545195 - Active
Previous Transaction - MLS #72997761
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 8, 2022
$430,000
MLS #72997761
Sold
Jan 17, 2019
$303,900
Property sold
Days on Market: 26
🏠
Listed for Sale
Nov 30, 2018
$299,900
Original listing
Agent: Kathie Strout Office: Century 21 North East
Previous Transaction - MLS #71887950
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 28, 2016
$258,000
MLS #71887950

Tax History

Year Taxes Assessment
2018 $3,748 $243,700

Financial Details

Annual Property Tax
$3,748
Tax Year 2018
HOA Fee
$216
Monthly
Assessed Value
$243,700

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1895
Living Area 1,395 sq ft
Lot Size 0.10 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Forced Air, Individual, Other
Cooling None
Flooring Vinyl, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace Dining Room, Living Room
Fireplaces 2
Basement Y
Laundry In Basement, In Building, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Slate
Features Porch, Patio, Garden, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio
Features Off Street, Deeded
Total Spaces 1
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer
Annual Tax $3,748
Assessed Value $243,700

HOA & Community

HOA Fee $216 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure
Amenities Storage, Garden Area
Optional Fee Includes Snow Removal, Extra Storage, Refuse Removal
Owner-Occupied Units 2
Pets Yes w/ Restrictions
Seller Disclosures Washer And Dryer Negotiable.laundry In Basement But Can Be Put In Unit. Heating System And Hot Water Tank/ 2015. Pocket Doors Removed And Are In Basement, Fireplace In Living Room Is Faux And One In Dining Room Is Electric
Possession None
Accepted Financing Other (see Remarks)
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Public Record
Documents Unit Deed (1)
County Essex
Total market time (incl. prior listings) 26 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1895
Bedrooms
3
Full Bathrooms
1
Living Area
1,395 sq ft
Total Rooms
6
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Remodeled
Bedroom3
13 x 10
Closet, Flooring - Wood
Bedroom2
13 x 10
Closet, Flooring - Hardwood
Master Bedroom
12 x 11
Closet, Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom
No

Main,Third Floor

Dining Room
16 x 13
Flooring - Hardwood, Wine Chiller
Kitchen
16 x 11
Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island
Living Room
16 x 15
Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Exterior Access

Interior Features

Flooring: Vinyl, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1895
Effective Year (Renovated): 2002
Structure Type: Garden
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Individual, Other
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Patio, Garden, Professional Landscaping
Patio & Porch: Porch, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

Fireplaces: 2
Fireplace Type: Dining Room, Living Room
Community Amenities: Public Transportation, Shopping, Golf, Medical Facility, Highway Access, T-Station, University
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 Greenhouse School
0.7 mi
Grades PK-08
The Phoenix School
1.3 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
0.9 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
B
Witchcraft Heights School
1.5 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+
Bentley Academy Innovation School
1.6 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
1.6 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.7 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+
Bates School
2.0 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
M

Middle Schools

1 school
C+
Collins Middle School
0.8 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
0.7 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
0.9 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

55 Ocean Avenue # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office Century 21 North East
Office Phone 978-774-2770
Agent MLS ID C0001650
Office MLS ID AN4339
Listing Data Updated Mar 6, 2019 12:36 PM 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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