1 Watson Street, Salem MA 01970

Salem, MA 01970
$450,000
Est. $2,395/month
1
Beds
1
Baths
1,170
Sq Ft
$385
Price/Sq Ft
0.09
Acres
1800
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73174817

About this home

Welcome to 1 Watson Street! Here is your chance to stop renting and own your own home. You'll love the spacious kitchen with granite counters, recessed lighting, marble backsplash and radiant heated floors. The large adjacent dining room is a wonderful gathering space with built in shelves, a brick accent wall and beamed ceilings. The living room has cherry HW flooring and a beautiful brick fireplace. On the 2nd there's a front to back primary bedroom with a ceiling fan, skylights, HW under carpet and flexibility to convert the second floor into two bedrooms. Newer heating system and hot water heater. The basement offers plenty of storage, a bonus workout space and a bulkhead for easy access. The fenced in yard is nicely landscaped and is perfect for your furry friend or just to relax and enjoy your privacy. Located just over the Peabody line, close to all downtown Salem has to offer, convenient to shopping, commuting routes, public transportation and restaurants.

Sale Statistics

Sale Overview
Original List Price: $389,900
Final Sale Price: $450,000
Difference: +$60,100 (+15.4%)
Performance Metrics
115.4%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $333
Sale $/sq ft: $385
This property sold for $385 per square foot
Sale Summary

This property sold for 15.4% above the original asking price, indicating strong buyer demand.

With only 5 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
1800
Bedrooms
1
Full Bathrooms
1
Living Area
1,170 sq ft
Total Rooms
4

Interior Features

Flooring
Tile, Carpet, Hardwood
Heating
Baseboard, Electric Baseboard
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features
Exercise Room
Laundry Features
In Basement
Basement Details
Full, Interior Entry, Bulkhead, Concrete, Unfinished

Exterior & Structure

Construction Materials
Frame
Architectural Style
Antique, Cottage, Bungalow
Roof
Shingle
Foundation
Stone, Granite
Exterior Features
Patio, Storage, Fenced Yard
Patio/Porch Features
Patio
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,121 sq ft
Lot Size Area
0.0900
Lot Features
Corner Lot
Frontage Length
53 ft
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,718
Tax Year
2023
Tax Assessed Value
$377,100
Parcel Number
2129179
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Access driveway from Beaver Street, 2nd floor front to back can easily be converted to two bedrooms. LL workout room is un-heated.

Location

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Neighborhood

1 Watson Street, 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 $393
Homeowners Insurance $200
PMI $0

Property History

Market Insights

13.4%
Price Range
7
Total Days on Market

Property Timeline

Sold
Dec 6, 2023
$450,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Nov 1, 2023
$389,900
Original listing
Agent: The Nancy Dowling Team Office: Foundation Brokerage Group

Price & Status History

Date Event Price Change
Nov 1, 2023 New Listing Added $389,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$385

Tax History

Year Taxes Assessment
2023 $4,718 $377,100

Financial Details

Annual Property Tax
$4,718
Tax Year 2023
Assessed Value
$377,100

Listing Information

Listing Agent The Nancy Dowling Team
Listing Office Foundation Brokerage Group
Agent MLS ID TM324632
Office MLS ID AN7081

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