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46 1/2 Essex Street, Salem MA 01970

Salem, MA 01970
$750,000
Est. $4,572/month
5
Beds
2
Baths
1,920
Sq Ft
$391
Price/Sq Ft
0.06
Acres
1850
Year Built
40
Days on Market
Closed Listed Jul 17, 2023 • MLS# 73137066 Copied!

About this home

Centrally located in the heart of downtown Salem. Beaches nearby. Walk to all the attractions that Salem has to offer. This updated 2-family features a modern unit that has an open floor plan with a beautiful new kitchen, stainless steel appliances, recessed lights, huge island with quartz countertop, under counter fridge and combo washer/dryer. New bath with tile, glass door. Private yard that is fenced in. Townhouse unit with lots of beams, fireplace, wood floors, modern kitchen & bath, 3 bedrooms. Updates include siding and windows (2018), roof (2016), 1 hot water heater (2019), and 2nd hot water heater (2022). OPEN HOUSE CANCELLED ON 8/13.SELLER HAS ACCEPTED AN OFFER.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1850
Bedrooms
5
Full Bathrooms
2
Living Area
1,920 sq ft
Total Rooms
10
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $739,900
Final Sale Price: $750,000
Difference: +$10,100 (+1.4%)
Performance Metrics
101.4%
List to Sale Ratio
Sold above asking price
40
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $385
Sale $/sq ft: $391
This property sold for $391 per square foot
Sale Summary

This property sold for 1.4% above the original asking price, indicating strong buyer demand.

The property spent 40 days on market before selling.

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1850
Living Area 1,920 sq ft
Lot Size 0.06 acres
Bedrooms 5
Full Baths 2
Total Rooms 10

Interior

Heating Natural Gas
Cooling None
Flooring Wood, Tile
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer/dryer
Fireplace Wood Burning
Fireplaces 2
Basement Full, Concrete
Laundry None
Features Stone/granite/solid Counters, Upgraded Countertops, Bathroom With Shower Stall, Open Floorplan, Remodeled, Living Room, Kitchen, Dining Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters, Garden
Pool None
Spa None
Fencing None
Patio/Porch Patio - Enclosed

Parking

Features Shared Driveway, Off Street
Total Spaces 3

Utilities

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

Financial

Annual Tax $6,958
Assessed Value $556,200

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer/Dryer
Interior Features: Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom with Shower Stall, Open Floorplan, Remodeled, Living Room, Kitchen, Dining Room
Windows: Insulated Windows, Screens
Basement: Full, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1850
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Garden
Patio & Porch: Patio - Enclosed
Fencing:
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Shared Driveway, Off Street

Special Features

Fireplaces: 2
Fireplace Type: Wood Burning
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School, T-Station, University

Location

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Neighborhood

46 1/2 Essex Street, Salem MA 01970

Salem, MA 01970

Walkability

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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
1.2 mi
Grades PK-08
The Greenhouse School
1.9 mi
Grades PK-08
C+
Bentley Academy Innovation School
0.5 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
0.5 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.6 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-
Saltonstall School
0.8 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+
Bates School
1.3 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
1.7 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
1.8 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
M

Middle Schools

1 school
C+
Collins Middle School
1.2 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

2 schools
B+
Salem Academy Charter School
0.5 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
1.8 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
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $580
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

-0.5% Rate
$0/mo
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Current Rate
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+0.5% 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.

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Recently Sold Nearby

Property History

Market Insights

10.3%
Price Range
42
Total Days on Market

Property Timeline

Current Active Listing - MLS #73544671
Full transaction history available when tracking began
🏡
Currently Listed
Jul 5, 2026
$825,000
MLS #73544671 - Active
Sold
Sep 22, 2023
$750,000
Property sold
Days on Market: 42
🏠
Listed for Sale
Jul 17, 2023
$739,900
Original listing
Agent: Dalina Fantini Office: RE/MAX Main St. Associates

Price & Status History

Date Event Price Change
Jul 5, 2026 Sold $825,000
Jul 17, 2023 New Listing Added $739,900

Market Statistics

Days on Market
40 days
Price per Sq Ft
$391

Tax History

Year Taxes Assessment
2023 $6,958 $556,200

Financial Details

Annual Property Tax
$6,958
Tax Year 2023
Assessed Value
$556,200

Listing Information

Listing Agent Dalina Fantini
Agent MLS ID C8606677
Office MLS ID F33001
Listing Data Updated Sep 22, 2023 1:47 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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