5 Mall St # 1, Salem MA 01970

Salem, MA 01970

$320,000

2

Beds

1

Baths

880

Sq Ft

$364

Price/Sq Ft

1900

Year Built

1

Parking

Condominium

Type

16

Days on Market

Sold Listed May 15, 2020 • MLS# 72656834 Copied! • Updated Jul 16, 2020

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview

Original List Price: $314,900

                            Final Sale Price:
                            $320,000
                        

Difference: +$5,100 (+1.6%)

Performance Metrics

101.6%

List to Sale Ratio

Sold above asking price

16

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $358

                            Sale $/sq ft:
                            $364
                        

This property sold for $364 per square foot

Sale Summary

This property sold for 1.6% above the original asking price, indicating strong buyer demand.

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

Nearby Sales Comparison

Based on 49 similar properties sold within 0.5 miles in the last 90 days

This Property

$364/sq ft

Area Median

$476/sq ft

Difference

23.6%

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

About this home

Welcome home to your lovely and tastefully appointed unit in the vibrant and charming downtown district! Steps from Salem Common and within close proximity to so many historic sites, Peabody Essex Museum, abundant restaurants, beach, train service, the list just goes on. The unit offers two spacious bedrooms, an ample living room, dining room and a well proportioned updated kitchen and bath. Beautiful wide pine hardwood floors, brick fireplace, private deck, lots of storage space in the basement and off street parking are just some of the features and amenities of this fine unit within a registered historic building. With all that this home offers and it's surroundings, it will get snapped up quickly, don't miss this opportunity and schedule your showing today!

Public Records & Permits

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

99.2%

Price Range

18

Total Days on Market

1

Previous Sales

Property Timeline

Current Active Listing - MLS #73564115

Full transaction history available when tracking began

🏡

Currently Listed

Aug 15, 2026

$2,550

MLS #73564115 - Active

View Listing →

✓

Sold

Jul 10, 2020

$320,000

Property sold

Days on Market: 18

🏠

Listed for Sale

May 15, 2020

$314,900

Original listing

Agent: Eliot Cristobal Office: EXIT Realty Beatrice Associates

Previous Transaction - MLS #72269720

Full transaction history available when tracking began

🏷️

Previously Sold

Apr 10, 2018

$285,000

MLS #72269720

View Listing →

Date	Event	Price	Change	$/sqft	Details
08/15/2026	🏡 Currently Listed	$2,550	-	-	MLS #73564115 - Active
07/10/2020	✓ Sold	$320,000	-	-	Property sold
05/15/2020	🏠 Listed for Sale	$314,900	-	-	Original listing
04/10/2018	🏷️ Previously Sold	$285,000	-	-	MLS #72269720

Tax History

Year	Taxes	Assessment
2020	$3,962	$274,200

Financial Details

Annual Property Tax

$3,962

Tax Year 2020

HOA Fee

$267

Monthly

Assessed Value

$274,200

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 880 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 5

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Wood, Pine

Appliances Range, Dishwasher, Refrigerator, Washer, Dryer, Energy Star Qualified Dishwasher

Fireplace Kitchen

Fireplaces 1

Basement Y

Laundry None

Features None

Exterior

Construction Frame

Architecture Other (see Remarks)

Roof Shingle

Features Deck - Wood, Garden

Pool None

Spa None

Fencing None

Patio/Porch Deck - Wood

Parking

Features Off Street

Total Spaces 1

Utilities

Electric 220 Volts

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $3,962

Assessed Value $274,200

HOA & Community

HOA Fee $267 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Amenities None

Optional Fee Includes None

Pets Yes

MA Disclosures

Seller Disclosures Please Review Property Info, 3d Tour And Neighborhood Before Making An Appointment. Room Sizes Are Approximated, Agents/buyers To Verify.. All Parties Must Comply With Cdc Guidelines And Protocols For Covid19.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden","2\/3 Family"]

Unit/Building 1

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 18 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1900

Bedrooms

2

Full Bathrooms

1

Living Area

880 sq ft

Total Rooms

5

Stories

1

Entry Level

1

Floor Layout

Interior Features

Flooring: Wood, Pine

Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Dishwasher

Interior Features:

Windows:

Basement: Y

Laundry:

Security:

Construction & Materials

Style: Other (See Remarks)

Year Built: 1900

Structure Type: Garden, 2/3 Family

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas

Heating Zones: 1

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Deck - Wood, Garden

Patio & Porch: Deck - Wood

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street

Special Features

Fireplaces: 1

Fireplace Type: Kitchen

Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, Public School, T-Station, Other

Loading comparison...

Location

Loading map...

Neighborhood

5 Mall St # 1, Salem MA 01970

Salem, MA 01970

Contact Us

BMN Boston Real Estate

BMN Boston Powered by SERHANT

(617) 955-2224 contact@bmnboston.com

Ask about this property — free, no obligation.