9 Vale St, Salem MA 01970

Salem, MA 01970
$800,000
Est. $4,258/month
6
Beds
3
Baths
2,858
Sq Ft
$280
Price/Sq Ft
0.09
Acres
1920
Year Built
3 Family
Type
60
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73161765

About this home

Right down the street from the hustle and bustle of all the festivities, but quietly situated on a dead end street off of another dead end, the location provides the best of both worlds! With numerous recent upgrades, this property is a true gem. Each unit boasts modern amenities and newer systems and appliances. While legally a 2-family, the 3rd floor provides endless opportunity; current owner used it as a 2 bedroom unit for multi-generational living complete w/living room, kitchenette, & bathroom. The property's outdoor spaces are equally impressive- fenced backyard, two back decks AND two front porches. Don't miss the opportunity to own this exceptional multi-family property that combines income potential, modern amenities, and versatile living spaces. Whether you're an investor looking for a reliable income stream or a homeowner seeking a flexible living arrangement, this property offers the best of both worlds.

Sale Statistics

Sale Overview
Original List Price: $899,900
Final Sale Price: $800,000
Difference: $99,900 (-11.1%)
Performance Metrics
88.9%
List to Sale Ratio
Sold below asking price
60
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $315
Sale $/sq ft: $280
This property sold for $280 per square foot
Sale Summary

This property sold for 11.1% below the original asking price.

The property spent 60 days on market before selling.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
2,858 sq ft
Total Rooms
16
Stories
4
Levels
4

Interior Features

Flooring
Tile, Hardwood, Carpet
Heating
Forced Air, Natural Gas, Electric
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Microwave, Refrigerator, Washer, Dryer, Disposal
Interior Features
Ceiling Fan(s), Crown Molding, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Remodeled, Slider, Upgraded Cabinets, Living Room, Dining Room, Kitchen, Family Room, Living RM/Dining RM Combo
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Block, Stone
Exterior Features
Balcony/Deck
Patio/Porch Features
Porch, Deck - Wood, Deck - Vinyl
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,833 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Tandem, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Common, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,735
Tax Year
2023
Tax Assessed Value
$538,400
Parcel Number
M:25 L:0340,2131730
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Legally a two-family, but used as a 3 family(public record does list beds & bath in the 3rd unit). Property has Ring doorbell and cameras on front exterior of home. Forced air gas heat on first and second floor; third floor has three zone electric heat. Basement gets some seepage during heavy rains.
Exclusions
Chandelier In 1st Floor Dining Room,1st Floor Living Room Curtain Holdbacks

Location

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Neighborhood

9 Vale 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 $561
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.6%
Price Range
55
Total Days on Market

Property Timeline

Sold
Dec 8, 2023
$800,000
Property sold
Days on Market: 55
🏠
Listed for Sale
Sep 20, 2023
$875,000
Original listing
Agent: Ashley Trapp Office: The Simply Sold Realty Co.

Price & Status History

Date Event Price Change
Sep 20, 2023 New Listing Added $875,000

Market Statistics

Days on Market
60 days
Price per Sq Ft
$280

Tax History

Year Taxes Assessment
2023 $6,735 $538,400

Financial Details

Annual Property Tax
$6,735
Tax Year 2023
Assessed Value
$538,400

Listing Information

Listing Agent Ashley Trapp
Listing Office The Simply Sold Realty Co.
Agent MLS ID CT007824
Office MLS ID AN6399

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