281 Essex St # 306, Salem MA 01970

Salem, MA 01970
$535,000
2
Beds
2
Baths
980
Sq Ft
$546
Price/Sq Ft
1900
Year Built
1
Garage Space
20
Days on Market
Sold Listed Jun 5, 2023 • MLS# 73120353 Copied! • Updated Sep 5, 2023

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Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $535,000
Difference: +$35,100 (+7.0%)
Performance Metrics
107.0%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $510
Sale $/sq ft: $546
This property sold for $546 per square foot
Sale Summary

This property sold for 7.0% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 43 similar properties sold within 0.5 miles in the last 90 days

This Property
$546/sq ft
Area Median
$443/sq ft
Difference
+23.3%

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

About this home

Discover the ultimate urban experience in the heart of historic-seaside Salem with this stunning two-bedroom two-full bath corner unit at Latitude Condos. With soaring windows, exposed brick walls throughout, custom blinds, and original maple floors, this unit exudes character. The master bedroom features a wall fireplace and private bath for added luxury. The large open concept living and kitchen area boast stainless steel appliances, and a gas range for cooking. Enjoy the convenience of an elevator and basement storage, plus a parking spot at the museum garage included in the affordable condo fee. Imagine the best of city living with an abundance of shops and restaurants right outside your door, plus easy access to Boston and Logan International via train and ferry. Make the perfect blend of convenience and luxury yours today!Showings begin Saturday 11:30-1 and Sunday 11:30-1

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Recently Sold Nearby

Property History

Market Insights

8.3%
Price Range
25
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73515431
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 4, 2026
$545,000
MLS #73515431
Sold
Sep 1, 2023
$535,000
Property sold
Days on Market: 25
🏠
Listed for Sale
Jun 5, 2023
$499,900
Original listing
Agent: Abigail Bates Office: Coldwell Banker Realty - Beverly

Tax History

Year Taxes Assessment
2023 $5,334 $426,400

Financial Details

Annual Property Tax
$5,334
Tax Year 2023
HOA Fee
$280
Monthly
Assessed Value
$426,400

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 980 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric
Cooling Central Air
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $5,334
Assessed Value $426,400

HOA & Community

HOA Fee $280 Monthly
Fee Includes Gas, Security, Maintenance Structure, Snow Removal
Amenities Elevator(s)
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Tenant Occupied Until Aug 31photos From When Owner Occupied Property
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 306
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 25 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
980 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2007
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:
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
C+
Bentley Academy Innovation School
1.0 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
1.0 mi
106 students Diverse
Diverse Student Body
Grades PK
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-
Horace Mann Laboratory School
1.2 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
1.3 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

281 Essex St # 306, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office Coldwell Banker Realty - Beverly
Office Phone 978-927-1111
Agent MLS ID CN244763
Office MLS ID AN6191
Listing Data Updated Sep 5, 2023 3:51 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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