2 Cedar St, Salem MA 01970

Salem, MA 01970 • Historic Salem
$652,000
Est. $3,470/month
3
Beds
1.5
Baths
2,462
Sq Ft
$265
Price/Sq Ft
0.08
Acres
1915
Year Built
Single Family Residence
Type
14
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73162900

About this home

Welcome to the George Morrill House,built in 1915 & designed as a replica of a dwelling built in 1690.Historical features abound in this classic 3 bedroom 1.5 bath home. The woodwork, including the moldings,some light fixtures,stairway,doorways & floors, are all original to the home exemplifying craftsmanship & charm. Although the property needs some restoration & updating, there is value in the integrity as well as the historic Salem location.Therefore, the list price should reflect the incredible potential to restore this property & build equity in this historic landmark gem which stands as a testament to timeless elegance & craftsmanship.Huge Rooms! Recent updates include,200 amp electrical system, new roof, bulkhead, HWH, & gas furnace. Enclosed porch & fenced backyard offer great entertaining space & a 2 car driveway.Just steps to downtown Salem, convenient to shops, stores,restaurants,bars,museums & the commuter rail. Charm, Class & Character that has weathered the years w/grace.

Sale Statistics

Sale Overview
Original List Price: $649,900
Final Sale Price: $652,000
Difference: +$2,100 (+0.3%)
Performance Metrics
100.3%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $264
Sale $/sq ft: $265
This property sold for $265 per square foot
Sale Summary

This property sold for 0.3% above the original asking price, indicating strong buyer demand.

With only 14 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
2,462 sq ft
Total Rooms
7

Interior Features

Flooring
Vinyl, Hardwood, Flooring - Hardwood, Flooring - Wood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air, Other
Has Cooling
Yes
Fireplace Features
Dining Room, Bedroom
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features
Wainscoting, Crown Molding, Decorative Molding, Entrance Foyer, Sun Room, Entry Hall
Laundry Features
In Basement
Basement Details
Concrete, Unfinished

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Stone
Exterior Features
Porch - Enclosed
Patio/Porch Features
Porch - Enclosed
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,685 sq ft
Lot Size Area
0.0800
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service, Knob & Tube Wiring

Community & HOA

Subdivision
Historic Salem
Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,650
Tax Year
2023
Tax Assessed Value
$451,600
Tax Lot
0107
Tax Map Number
34
Parcel Number
4695059
Zoning
B1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate,Renovated Since
Attached Property
No
Disclosures
The cast iron stove in the basement will remain. Electric was updated to 200 Amp. Central AC Compressor needs replacement. Room measurements are estimates.

Location

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Neighborhood

Historic Salem

2 Cedar 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 $471
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.3%
Price Range
20
Total Days on Market

Property Timeline

Sold
Nov 9, 2023
$652,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Sep 28, 2023
$649,900
Original listing
Agent: Susan Sinrich Office: Conway - Swampscott

Price & Status History

Date Event Price Change
Sep 28, 2023 New Listing Added $649,900

Market Statistics

Days on Market
14 days
Price per Sq Ft
$265

Tax History

Year Taxes Assessment
2023 $5,650 $451,600

Financial Details

Annual Property Tax
$5,650
Tax Year 2023
Assessed Value
$451,600

Listing Information

Listing Agent Susan Sinrich
Listing Office Conway - Swampscott
Agent MLS ID C9501225
Office MLS ID AC0598

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