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42 Essex Street # 1, Salem MA 01970

Salem, MA 01970
$334,000
2
Beds
1
Baths
910
Sq Ft
$367
Price/Sq Ft
1840
Year Built
1
Parking
29
Days on Market
Closed Listed Oct 1, 2020 • MLS# 72736137 Copied! • Updated Dec 15, 2020

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

This Property
$367/sq ft
Area Average
$418/sq ft
Difference
12.3%

This property sold below the area average, 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.

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Recently Sold Nearby

Property History

Market Insights

21.4%
Price Range
31
Total Days on Market

Property Timeline

Current Active Listing - MLS #73550840
Full transaction history available when tracking began
🏡
Currently Listed
Jul 16, 2026
$425,000
MLS #73550840 - Active
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

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
Features None
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
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
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.
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
For Sale
Year Built
1840
Bedrooms
2
Full Bathrooms
1
Living Area
910 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Kitchen
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Peninsula
Bedroom2
Closet, Flooring - Wall to Wall Carpet
Living Room
Flooring - Hardwood, Open Floorplan
Master Bedroom
Closet, Flooring - Wall to Wall Carpet

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

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:
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 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 | #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
0.5 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.6 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-
Saltonstall School
0.8 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
B+
Bates School
1.3 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
C-
Horace Mann Laboratory School
1.7 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
1.8 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
M

Middle Schools

1 school
C+
Collins Middle School
1.2 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
0.5 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
1.8 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

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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