42 Essex Street # 1, Salem MA 01970

Salem, MA 01970

$334,000

Beds

Baths

910

Sq Ft

$367

Price/Sq Ft

1840

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Oct 1, 2020 • MLS# 72736137 Copied! • Updated Dec 15, 2020

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Sale Statistics

Sale Overview

Original List Price: $339,000

                            Final Sale Price:
                            $334,000
                        

Difference: $5,000 (-1.5%)

Performance Metrics

98.5%

List to Sale Ratio

Sold below asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $373

                            Sale $/sq ft:
                            $367
                        

This property sold for $367 per square foot

Sale Summary

This property sold for 1.5% below the original asking price.

With only 29 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 29 similar properties sold within 0.5 miles in the last 90 days

This Property

$367/sq ft

Area Median

$467/sq ft

Difference

21.4%

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

About this home

PRIME location for this SWEET 2 Bedroom First Floor condo! In the heart to the Derby Wharf/Salem Common Neighborhood, Downtown Salem, the Waterfront and Commuter Rail are all just minutes away! You will love the open concept living/kitchen area with wood and tile floors and exposed beams. The kitchen features new Stainless Appliances with gas cooking, and granite counters with bar seating! The master easily accommodates a king sized bed and double closet while the second bedroom also boasts a double closet. Updates to the full bathroom include a granite topped vanity, tile floor, new lighting and tiled tub! A large double closet in the hall serves as coat and pantry storage! Off the kitchen is private access to the shared deck/porch. Laundry and storage is found in the basement PLUS you have assigned parking with a guest spot as well. Pet friendly association includes 6 units in 2 separate buildings.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

21.4%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73550840

Full transaction history available when tracking began

🏷️

Previously Sold

Aug 20, 2026

$425,000

MLS #73550840

View Listing →

✓

Sold

Dec 15, 2020

$334,000

Property sold

Days on Market: 31

🏠

Listed for Sale

Oct 1, 2020

$339,000

Original listing

Agent: Pam McKee Team Office: Keller Williams Realty Evolution

Date	Event	Price	Change	$/sqft	Details
08/20/2026	🏷️ Previously Sold	$425,000	-	-	MLS #73550840
12/15/2020	✓ Sold	$334,000	-	-	Property sold
10/01/2020	🏠 Listed for Sale	$339,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2020	$4,001	$276,900

Financial Details

Annual Property Tax

$4,001

Tax Year 2020

HOA Fee

$262

Monthly

Assessed Value

$276,900

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1840

Living Area 910 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 4

Interior

Heating Baseboard, Natural Gas

Cooling None

Flooring Wood, Tile

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator

Fireplace None

Basement Y

Laundry In Basement, Common Area, In Building

Features None

Exterior

Construction Post & Beam

Architecture None

Roof Shingle

Features Porch

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Features None

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $4,001

Assessed Value $276,900

HOA & Community

HOA Fee $262 Monthly

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

Amenities Laundry

Optional Fee Includes None

Pets Yes

MA Disclosures

Seller Disclosures Laundry Is Common In Basement-but Only Used By 2 Units-its Possible To Add To The Unit. Roof Permit Showing Strip And Reroof In 2007.

Additional Details

Possession None

Accepted Financing None

Structure Type ["2\/3 Family"]

Unit/Building 1

Sq Ft Source Field Card

Documents None

County Essex

Total market time (incl. prior listings) 31 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1840

Bedrooms

Full Bathrooms

Living Area

910 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator

Interior Features:

Windows: Storm Window(s)

Basement: Y

Laundry: In Basement, Common Area, In Building

Security:

Construction & Materials

Year Built: 1840

Effective Year (Renovated): 1980

Structure Type: 2/3 Family

Exterior Materials: Post & Beam

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

42 Essex Street # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office Keller Williams Realty Evolution

Office Phone 978-927-8700

Agent MLS ID TM008191

Office MLS ID C95098

Listing Data Updated Dec 15, 2020 2:04 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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