5 Ober St, Salem MA 01970

Salem, MA 01970
$735,000
Est. $3,912/month
4
Beds
2
Baths
1,890
Sq Ft
$389
Price/Sq Ft
0.15
Acres
1870
Year Built
2 Family - 2 Units Up/Down
Type
52
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73230585

About this home

Charming 2 family home in the desirable Gallows Hill area features NEW ROOF and NEW 6 car DRIVEWAY (2023). Surrounded by single family homes w/ lovely grounds, double lot, mature cherry trees and perennials. Main unit offers freshly painted rooms, New Bathroom Renovation, Eat in kitchen/dining room/LR, Euro-cabinets, Fridge, Gas stove, DW, W/D h/u, oak floors, ceramic tile and 3 carpeted Bedrooms. 1st floor features 1 bedroom, newly painted w/refinished oak flooring, tile and carpeted BR. Euro-style cabinets, W/D h/u, and crown molding. Sep. heat (FHA by gas) 2 hot water heaters, electric CB. Witchcraft Heights school. This home shows pride in ownership. Great rental history Easy access to Boston and points North. Prequalified buyers only please. Convenient to commuter rail into Boston, PEM Museum, waterfront and all that vibrant Historical Salem has to offer. OFFERS, IF ANY, BY TUESDAY May 7th at 1 PM. OPEN HOUSES FRIDAY MAY 3, 4-6 PM, SAT/SUN MAY 4/5, 12-2PM.

Sale Statistics

Sale Overview
Original List Price: $785,500
Final Sale Price: $735,000
Difference: $50,500 (-6.4%)
Performance Metrics
93.6%
List to Sale Ratio
Sold below asking price
52
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $416
Sale $/sq ft: $389
This property sold for $389 per square foot
Sale Summary

This property sold for 6.4% below the original asking price.

The property spent 52 days on market before selling.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1870
Bedrooms
4
Full Bathrooms
2
Living Area
1,890 sq ft
Total Rooms
9
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Carpet, Varies
Heating
Forced Air, Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator, Dryer, Dishwasher
Interior Features
Living Room, Kitchen, Dining Room
Laundry Features
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Basement Details
Full, Sump Pump
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Features
Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,360 sq ft
Lot Size Area
0.1500
Road Surface Type
Paved

Parking & Garage

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

Utilities & Systems

Utilities Available
for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,737
Tax Year
2024
Tax Assessed Value
$579,800
Parcel Number
M:15 L:0149,2128574
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Sump pump in basement. Seller has not lived in property.Property being sold 'AS IS'. buyer to do their own due diligence. Inspection for information only. 3 bedroom Rent is well under the market rent of $3, 418. Appliances left as gifts.
Exclusions
Washer/Dryer In Unit #2 (Belongs To Tenants)
Listing Service
Entry Only

Location

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Neighborhood

5 Ober 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

6.4%
Price Range
54
Total Days on Market

Property Timeline

Sold
Jul 15, 2024
$735,000
Property sold
Days on Market: 54
🏠
Listed for Sale
Apr 30, 2024
$785,500
Original listing
Office: Armstrong Field Real Estate

Price & Status History

Date Event Price Change
Apr 30, 2024 New Listing Added $785,500

Market Statistics

Days on Market
52 days
Price per Sq Ft
$389

Tax History

Year Taxes Assessment
2024 $6,737 $579,800

Financial Details

Annual Property Tax
$6,737
Tax Year 2024
Assessed Value
$579,800

Listing Information

Listing Agent Armstrong Field Team
Listing Office Armstrong Field Real Estate
Agent MLS ID TEAM0455
Office MLS ID C95180

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