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1 Shore Ave, Salem MA 01970

Salem, MA 01970
$785,000
Est. $4,782/month
2
Beds
2
Baths
1,868
Sq Ft
$420
Price/Sq Ft
0.06
Acres
1890
Year Built
35
Days on Market
Closed Listed Jun 19, 2023 • MLS# 73123615 Copied!

About this home

Located at the intersection of Ocean and Shore Avenues with unobstructed views of Salem Harbor, Mbhd and points beyond. Forest River Park, Pioneer Village and Salem State University are nearby with easy access to downtown Salem's restaurants, museums and commuter rail. You will fall in love with not only the three floors of views of this rare gem but features which include a private fenced in yard with water feature, tea house, and patio. The main level has a cozy kitchen with it's wood panelled ceiling, and exposed brick and a built in kitchen table. The DR features a recessed, antique cabinet and is open to the LR where you can sit by the fire, and enjoy a book.The first floor bath has a unique sunken tub feature. There is a heated sun porch which can be a guest BR and sliders to the yard. Venture upstairs to your family room with the main bedroom with sleeping porch, full bath and laundry. The third level is another bedroom and deck. A two car garage completes this unique property.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1890
Bedrooms
2
Full Bathrooms
2
Living Area
1,868 sq ft
Total Rooms
8

Sale Statistics

Sale Overview
Original List Price: $859,900
Final Sale Price: $785,000
Difference: $74,900 (-8.7%)
Performance Metrics
91.3%
List to Sale Ratio
Sold below asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $460
Sale $/sq ft: $420
This property sold for $420 per square foot
Sale Summary

This property sold for 8.7% below the original asking price.

The property spent 35 days on market before selling.

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1890
Living Area 1,868 sq ft
Lot Size 0.06 acres
Bedrooms 2
Full Baths 2
Total Rooms 8

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring Hardwood
Appliances Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement Full, Partially Finished, Walk-out Access, Interior Entry
Laundry Second Floor
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Asphalt/composition Shingles
Features Porch, Porch - Enclosed, Patio - Enclosed, Balcony, Rain Gutters, Fenced Yard, Garden
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Porch - Enclosed, Enclosed

Parking

Garage Spaces 2
Has Garage Yes
Features Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved
Total Spaces 4

Utilities

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

Financial

Annual Tax $7,352
Assessed Value $602,100

Interior Features

Flooring: Hardwood
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Laundry: Second Floor
Security:

Construction & Materials

Style: Colonial
Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Asphalt/Composition Shingles
Foundation: Stone

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Porch - Enclosed, Patio - Enclosed, Balcony, Rain Gutters, Fenced Yard, Garden
Patio & Porch: Porch, Porch - Enclosed, Enclosed
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Corner Lot
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 4
Parking Features: Detached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Harbor, Harbor, Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Public School, Sidewalks

Location

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Neighborhood

1 Shore Ave, 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 Greenhouse School
0.8 mi
Grades PK-08
The Phoenix School
1.4 mi
Grades PK-08
B-
Saltonstall School
0.4 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
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
C+
Bentley Academy Innovation School
1.5 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
1.5 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.6 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
1.8 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
2.1 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
1.0 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
0.6 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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Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $613
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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Current Rate
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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

0.6%
Price Range
36
Total Days on Market

Property Timeline

Sold
Sep 6, 2023
$785,000
Property sold
Days on Market: 36
🏠
Listed for Sale
Jun 19, 2023
$779,900
Original listing
Agent: Gingle-Lerman Realty Group Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Mar 4, 2026 Sold $899,900
Jun 19, 2023 New Listing Added $779,900

Market Statistics

Days on Market
35 days
Price per Sq Ft
$420

Tax History

Year Taxes Assessment
2023 $7,352 $602,100

Financial Details

Annual Property Tax
$7,352
Tax Year 2023
Assessed Value
$602,100

Listing Information

Listing Agent Gingle-Lerman Realty Group
Listing Office William Raveis R.E. & Home Services
Agent MLS ID TM331675
Office MLS ID M95385
Listing Data Updated Sep 7, 2023 1:26 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

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