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42 Broad Street # 5, Salem MA 01970

Salem, MA 01970
$444,000
Est. $3,142/month
2
Beds
2
Baths
1,020
Sq Ft
$435
Price/Sq Ft
1900
Year Built
7
Days on Market
Closed Listed Apr 20, 2022 • MLS# 72968817 Copied!

About this home

Home Sweet Home!! As soon as you step inside this gorgeous 2 bedroom/2 full bath single level condo you will feel right at home! Located in the heart of the McIntire Historic District amongst some of the country's most iconic antique properties you'll find this beautiful brick building. The living room features a stunning wall of custom built-ins including a whole tower for wine storage! Open to an area that could serve as a dining space but currently used as a home office. The updated kitchen boasts lots of stone counter space along with stainless appliances, and offers sliding glass door access to your private deck! The ultra spacious master bedroom also has a full en-suite bath with marble topped vanity. The guest room generously sized plus there is a second full bath with marble vanity! In-unit laundry, separate basement storage units and 2 car parking are huge pluses. Did we mention it's dog friendly & minutes to downtown Salem, train station & Healthy Prof Managed Association!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,020 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $449,000
Final Sale Price: $444,000
Difference: $5,000 (-1.1%)
Performance Metrics
98.9%
List to Sale Ratio
Sold below asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $440
Sale $/sq ft: $435
This property sold for $435 per square foot
Sale Summary

This property sold for 1.1% below the original asking price.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 10 similar properties sold within 0.5 miles in the last 90 days

This Property
$435/sq ft
Area Average
$310/sq ft
Difference
+40.1%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,020 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

Construction Frame, Brick
Architecture None
Roof Slate
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Assigned
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,843
Assessed Value $365,500

Interior Features

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

Construction & Materials

Year Built: 1900
Structure Type: Mid-Rise
Exterior Materials: Frame, Brick
Roof: Slate
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: Deck
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Assigned

Location

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Neighborhood

42 Broad Street # 5, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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

3 schools
The Phoenix School
0.5 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
C-
Horace Mann Laboratory School
0.8 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
M

Middle Schools

1 school
C+
Collins Middle School
0.2 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

3 schools
B+
Salem Academy Charter School
0.8 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
0.9 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
Bishop Fenwick High School
1.6 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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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 $404
Homeowners Insurance $200
HOA Fee $293/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

30.6%
Price Range
9
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73358256
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 10, 2025
$485,000
MLS #73358256
Sold
May 19, 2022
$444,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Apr 20, 2022
$449,000
Original listing
Agent: Pamela McKee Office: Keller Williams Realty Evolution
Previous Transaction - MLS #72292570
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 27, 2018
$336,700
MLS #72292570

Price & Status History

Date Event Price Change
Jun 10, 2025 Sold $485,000
Apr 20, 2022 New Listing Added $449,000
Apr 27, 2018 Sold $336,700

Market Statistics

Days on Market
7 days
Price per Sq Ft
$435

Tax History

Year Taxes Assessment
2022 $4,843 $365,500

Financial Details

Annual Property Tax
$4,843
Tax Year 2022
HOA Fee
$293
Monthly
Assessed Value
$365,500

Listing Information

Listing Agent Pamela McKee
Listing Office Keller Williams Realty Evolution
Agent MLS ID CT009727
Office MLS ID C95098
Listing Data Updated May 19, 2022 10:53 AM EDT
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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