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85 Bridge Street # 3, Salem MA 01970

Salem, MA 01970
$396,000
Est. $2,808/month
2
Beds
2
Baths
814
Sq Ft
$486
Price/Sq Ft
0.11
Acres
1990
Year Built
20
Days on Market
Closed Listed Nov 4, 2020 • MLS# 72753014 Copied!

About this home

Gorgeous open concept unit with two bedrooms, two full bathrooms featuring gleaming hardwood floors and soaring high ceilings! Open plan living at its best, this unit was thoughtfully designed and includes unique lighting and details throughout. The modern open kitchen has bar height seating, quartz countertops, a stunning herringbone backsplash and stainless appliances. All systems installed new with 2018 conversion: including high efficiency gas furnace, central a/c, hot water heater, electrical, plumbing, windows/siding/roof. Deeded storage in the basement and bonus storage across from unit, 2 car deeded parking, and in-unit laundry. This pet friendly, and virtually maintenance-free building is close to all Salem has to offer! Just minutes to Salem Common & Pickering Warf, MBTA commuter rail, award winning restaurants and shops as well as beautiful Collins Cove just at the end of the street.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1990
Bedrooms
2
Full Bathrooms
2
Living Area
814 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $399,000
Final Sale Price: $396,000
Difference: $3,000 (-0.8%)
Performance Metrics
99.2%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $490
Sale $/sq ft: $486
This property sold for $486 per square foot
Sale Summary

This property sold for 0.8% below the original asking price.

With only 20 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
$486/sq ft
Area Average
$408/sq ft
Difference
+19.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1990
Living Area 814 sq ft
Lot Size 0.11 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned, Deeded, Driveway, Paved
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,010
Assessed Value $346,700

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1990
Effective Year (Renovated): 2018
Structure Type: Garden, Low-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Deeded, Driveway, Paved

Location

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Neighborhood

85 Bridge Street # 3, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $417
Homeowners Insurance $200
HOA Fee $188/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

99.2%
Price Range
21
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73479294
Full transaction history available when tracking began
🏡
Currently Listed
Feb 22, 2026
$3,000
MLS #73479294 - Active
Sold
Jan 27, 2021
$396,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Nov 4, 2020
$399,000
Original listing
Agent: Margaret Finn Office: James A. Finn & Sons
Previous Transaction - MLS #72284320
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 19, 2018
$378,000
MLS #72284320

Price & Status History

Date Event Price Change
Feb 26, 2026 Sold $3,000
Nov 4, 2020 New Listing Added $399,000
Apr 19, 2018 Sold $378,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$486

Tax History

Year Taxes Assessment
2020 $5,010 $346,700

Financial Details

Annual Property Tax
$5,010
Tax Year 2020
HOA Fee
$188
Monthly
Assessed Value
$346,700

Listing Information

Listing Agent Margaret Finn
Listing Office James A. Finn & Sons
Agent MLS ID CN201148
Office MLS ID C63900
Listing Data Updated Feb 1, 2021 11:47 AM 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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