5 Oakland St, Salem MA 01970

Salem, MA 01970
$546,000
Est. $2,906/month
3
Beds
1
Baths
1,666
Sq Ft
$328
Price/Sq Ft
0.10
Acres
1890
Year Built
Single Family Residence
Type
19
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73178396

About this home

Handsome 1890 Colonial Revival Home, located in wonderful North Salem neighborhood. Fenced in Yard area with patio which backs up to McGlew Park. Many period details throughout. Spacious main level includes Living room with fireplace and is open to the large Dining room with beamed ceilings. Large eat-in-kitchen with ornamental fireplace. The upper level has three bedrooms and one full bathroom. The basement offers good storage and space for a work shop, laundry and a three zoned heating system with a newer oil tank. Near Salem Train Station. A charming Salem Home waits for its new owner.

Sale Statistics

Sale Overview
Original List Price: $544,900
Final Sale Price: $546,000
Difference: +$1,100 (+0.2%)
Performance Metrics
100.2%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $327
Sale $/sq ft: $328
This property sold for $328 per square foot
Sale Summary

This property sold for 0.2% above the original asking price, indicating strong buyer demand.

With only 19 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
1890
Bedrooms
3
Full Bathrooms
1
Living Area
1,666 sq ft
Total Rooms
6

Interior Features

Flooring
Wood, Carpet, Hardwood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Tankless Water Heater, Water Heater, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features
Library
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement
Basement Details
Full, Bulkhead
Window Features
Storm Window(s)

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial Revival
Roof
Shingle
Foundation
Stone, Irregular
Exterior Features
Patio, Storage, Fenced Yard
Patio/Porch Features
Patio
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,326 sq ft
Lot Size Area
0.1000
Road Frontage Type
Private Road

Parking & Garage

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

Utilities & Systems

Utilities Available
for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts, Circuit Breakers, Knob & Tube Wiring

Community & HOA

Community Features
Public Transportation, Park, House of Worship, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,099
Tax Year
2023
Tax Assessed Value
$487,500
Parcel Number
M:17 L:0238,2129652
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Sellers have not lived in the property for many years and makes no representations or warranties. Not all kitchen appliances are in working order, Kitchen fireplace is ornamental. some knob-and -tube in the basement. Property will be sold "As-Is" Buyer and Representatives to do their due diligence.
Listing Terms
Estate Sale

Location

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Neighborhood

5 Oakland St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Bates
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Shs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $508
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.2%
Price Range
21
Total Days on Market

Property Timeline

Sold
Dec 15, 2023
$546,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Nov 8, 2023
$544,900
Original listing
Agent: Douglas G. Desrocher Office: Desrocher Real Estate

Price & Status History

Date Event Price Change
Nov 8, 2023 New Listing Added $544,900

Market Statistics

Days on Market
19 days
Price per Sq Ft
$328

Tax History

Year Taxes Assessment
2023 $6,099 $487,500

Financial Details

Annual Property Tax
$6,099
Tax Year 2023
Assessed Value
$487,500

Listing Information

Listing Agent Douglas G. Desrocher
Listing Office Desrocher Real Estate
Agent MLS ID C2420737
Office MLS ID C27000

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