289 Essex St # 101, Salem MA 01970

Salem, MA 01970
$480,000
2
Beds
2
Baths
1,244
Sq Ft
$386
Price/Sq Ft
1987
Year Built
1
Garage Space
74
Days on Market
Sold Listed Aug 5, 2021 • MLS# 72877103 Copied! • Updated Nov 13, 2021

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Sale Statistics

Sale Overview
Original List Price: $495,000
Final Sale Price: $480,000
Difference: $15,000 (-3.0%)
Performance Metrics
97.0%
List to Sale Ratio
Sold below asking price
74
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $398
Sale $/sq ft: $386
This property sold for $386 per square foot
Sale Summary

This property sold for 3.0% below the original asking price.

The property spent 74 days on market before selling.

Nearby Sales Comparison

Based on 40 similar properties sold within 0.5 miles in the last 90 days

This Property
$386/sq ft
Area Median
$435/sq ft
Difference
11.2%

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

About this home

Right in downtown Salem! Enjoy all the Salem has to offer right outside your door. The commuter train around the corner, enjoy fine dining restaurants, boutique shops, waterfront and strolling historic streets with easy access to major routes. Professionally managed and pet friendly! Beautiful one level living unit with granite counters and high end cabinetry, two bedrooms and two baths, laundry in unit with deeded garage parking in the building, a major plus for downtown Salem. New heat and a/c system in 2017. Open House Sunday 12 - 1:30 PM Sept 26 come on by!

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Recently Sold Nearby

Property History

Market Insights

13.4%
Price Range
76
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73338062
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 27, 2025
$554,000
MLS #73338062
Sold
Nov 11, 2021
$480,000
Property sold
Days on Market: 76
🏠
Listed for Sale
Aug 5, 2021
$485,000
Original listing
Agent: Philip O'Donnell Office: Armstrong Field Real Estate

Tax History

Year Taxes Assessment
2021 $4,963 $359,600

Financial Details

Annual Property Tax
$4,963
Tax Year 2021
HOA Fee
$279
Monthly
Assessed Value
$359,600

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 1,244 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Forced Air, Heat Pump, Electric
Cooling Central Air, Heat Pump
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Off Street, Deeded
Total Spaces 1
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $4,963
Assessed Value $359,600

HOA & Community

HOA Fee $279 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash
Amenities Elevator(s)
Optional Fee Includes None
Owner-Occupied Units 33
Seller Disclosures Two Tax Bills. One For The Unit $4, 751.14 And Another For The Parking Spot $211.14. Please Allow 48 Hour For Response Seller Is Overseas.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 101
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans (4)
County Essex
Total market time (incl. prior listings) 76 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Living Area
1,244 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1987
Effective Year (Renovated): 2005
Structure Type: Garden
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air, Heat Pump
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

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Off Street, Deeded
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
0.6 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
B-
Saltonstall School
0.6 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-
Carlton School
0.8 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
1.0 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
C+
Bentley Academy Innovation School
1.1 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
1.1 mi
106 students Diverse
Diverse Student Body
Grades PK
C-
Horace Mann Laboratory School
1.1 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
1.2 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
0.6 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
1.2 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

289 Essex St # 101, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Philip O'Donnell
Agent MLS ID C8000753
Office MLS ID C95180
Listing Data Updated Nov 13, 2021 10:09 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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