40 Broad St, Salem MA 01970

Salem, MA 01970
$770,000
Est. $4,098/month
3
Beds
1.5
Baths
1,612
Sq Ft
$478
Price/Sq Ft
0.16
Acres
1915
Year Built
Single Family Residence
Type
16
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73159040

About this home

McIntyre District! Beautiful moldings, hardwood floors, built-ins, French doors, and diamond-paned windows are some of the character details you’ll find in this 1915 home just a half mile from downtown Salem. With a Walk Score® of 95 you’ll be delighted by the proximity of this home to restaurants, shops, and public transportation. The first floor boasts a completely opened up kitchen/dining room (w/ a slider to a lovely 3-season porch), a spacious living room w/ French doors and a wood burning fireplace, and a powder room. The second floor has 3 bedrooms PLUS an office, and a full bath. The attic is large and offers expansion potential. There's also finished sq. footage in the lower level offering additional living space. A deck overlooks the large, completely fenced-in, level backyard, which has a vegetable garden, patio w/ pergola and a good-sized shed. 2-3 car parking, fabulous location, and charm galore make this home a must see! Showings begin 9/16. OHs 9/16 & 9/17 12-1:30pm.

Sale Statistics

Sale Overview
Original List Price: $700,000
Final Sale Price: $770,000
Difference: +$70,000 (+10.0%)
Performance Metrics
110.0%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $434
Sale $/sq ft: $478
This property sold for $478 per square foot
Sale Summary

This property sold for 10.0% above the original asking price, indicating strong buyer demand.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1915
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,612 sq ft
Total Rooms
7

Interior Features

Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Walk-up Attic
Basement Details
Partially Finished
Door Features
French Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck - Composite
Patio/Porch Features
Deck - Composite
Has Spa
No
Waterfront Features
Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.16 acres
Lot Size
6,808 sq ft
Lot Size Area
0.1600
Lot Features
Level

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,985
Tax Year
2023
Tax Assessed Value
$478,400
Parcel Number
M:25 L:0254,2131638
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Windows in LR don't open. 1 pane in door to LR is missing. Fireplace flue doesn't work. Side porch needs replacement. Shed has electric wires running to it but is not hooked up. Seller needs a closing 11/1 or after. Offers are kindly requested by 4pm Monday. Please give 24 hours to respond.

Location

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Neighborhood

40 Broad St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $499
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.1%
Price Range
17
Total Days on Market

Property Timeline

Sold
Nov 6, 2023
$770,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Sep 13, 2023
$700,000
Original listing
Agent: The Murray Brown Group Office: RE/MAX Beacon

Price & Status History

Date Event Price Change
Sep 13, 2023 New Listing Added $700,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$478

Tax History

Year Taxes Assessment
2023 $5,985 $478,400

Financial Details

Annual Property Tax
$5,985
Tax Year 2023
Assessed Value
$478,400

Listing Information

Listing Agent The Murray Brown Group
Listing Office RE/MAX Beacon
Agent MLS ID TM329476
Office MLS ID AN8171

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