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5 Gardner St # 3, Salem MA 01970

Salem, MA 01970
$360,000
Est. $2,641/month
2
Beds
1
Baths
1,104
Sq Ft
$326
Price/Sq Ft
0.15
Acres
1914
Year Built
13
Days on Market
Closed Listed Apr 28, 2022 • MLS# 72973269 Copied!

About this home

Welcome to Gardner St, a commuters dream! Enjoy all that Salem has to offer with this lofty condo that is located less than half a mile to downtown Salem, Salem State, and Forest River Park. As soon as you go upstairs you are greeted with high ceilings, beautiful exposed brick, and hardwood floors throughout. With two bedrooms and one bath, what more could you need? Walk out to your back porch where you can enjoy your morning coffee. You will find your washer and dryer in the basement as well as ample storage.Not to mention your own exclusive storage in the attic. When you go out back you will find a deeded private spot in the yard for your pleasure. Come see all that Salem has to offer! Showings begin 4/29 @ 5pm. Open houses to follow on both Saturday and Sunday 11-1. All offers due on 5/3/22 @ Noon.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1914
Bedrooms
2
Full Bathrooms
1
Living Area
1,104 sq ft
Total Rooms
6
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $319,900
Final Sale Price: $360,000
Difference: +$40,100 (+12.5%)
Performance Metrics
112.5%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $290
Sale $/sq ft: $326
This property sold for $326 per square foot
Sale Summary

This property sold for 12.5% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$326/sq ft
Area Average
$385/sq ft
Difference
15.3%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1914
Living Area 1,104 sq ft
Lot Size 0.15 acres
Bedrooms 2
Full Baths 1
Total Rooms 6

Interior

Heating Oil
Cooling Window Unit(s)
Flooring Hardwood
Appliances Oven, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry In Basement
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Porch, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Wood

Parking

Has Garage Yes
Features Detached, Storage, Off Street, On Street

Utilities

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

Financial

Annual Tax $3,720
Assessed Value $306,400

Interior Features

Flooring: Hardwood
Appliances: Oven, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Basement
Security:

Construction & Materials

Year Built: 1914
Structure Type: 2/3 Family
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Oil
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Wood
Patio & Porch: Porch, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Detached, Storage, Off Street, On Street

Location

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Neighborhood

5 Gardner St # 3, 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

9 schools
The Phoenix School
1.0 mi
Grades PK-08
The Greenhouse School
1.1 mi
Grades PK-08
B-
Saltonstall School
< 0.1 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
0.9 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
C+
Bentley Academy Innovation School
1.3 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
1.3 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.3 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
Witchcraft Heights School
1.4 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
B+
Bates School
1.6 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
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
0.4 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
1.0 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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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 $310
Homeowners Insurance $200
HOA Fee $311/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

65.3%
Price Range
14
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73237757
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 27, 2024
$450,000
MLS #73237757
Sold
Jun 27, 2022
$360,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Apr 28, 2022
$319,900
Original listing
Agent: Danielle Rossi Office: Leading Edge Real Estate
Previous Transaction - MLS #71950385
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 28, 2016
$156,000
MLS #71950385

Price & Status History

Date Event Price Change
Mar 25, 2026 Sold $474,900
Jun 27, 2024 Sold $450,000
Apr 28, 2022 New Listing Added $319,900
Mar 28, 2016 Sold $156,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$326

Tax History

Year Taxes Assessment
2022 $3,720 $306,400

Financial Details

Annual Property Tax
$3,720
Tax Year 2022
HOA Fee
$311
Monthly
Assessed Value
$306,400

Listing Information

Listing Agent Danielle Rossi
Listing Office Leading Edge Real Estate
Agent MLS ID CN234244
Office MLS ID AN4646
Listing Data Updated Jun 28, 2022 1:20 PM 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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