5 Hazel St, Salem MA 01970

Salem, MA 01970
$765,000
Est. $4,072/month
5
Beds
2.5
Baths
1,892
Sq Ft
$404
Price/Sq Ft
0.07
Acres
1915
Year Built
Multi Family
Type
4
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73231885

About this home

Welcome to this two-family home in the heart of the historic city of Salem. Close to Salem State College and down town Salem. This income producing property features a freshly painted first floor with new floors and a completely renovated bathroom. The second floor, town house style with 3 beds, one and a half bathrooms, sprawls over two levels with a large deck off the second floor kitchen over looking the back yard. The house has recently been vinyl sided and a brand new front porch put on. Come check it out before it goes!

Sale Statistics

Sale Overview
Original List Price: $699,000
Final Sale Price: $765,000
Difference: +$66,000 (+9.4%)
Performance Metrics
109.4%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $369
Sale $/sq ft: $404
This property sold for $404 per square foot
Sale Summary

This property sold for 9.4% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1915
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,892 sq ft
Total Rooms
10
Stories
3
Levels
3

Interior Features

Has Fireplace
No

Exterior & Structure

Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
2,901 sq ft
Lot Size Area
0.0700
Lot Features
Corner Lot

Parking & Garage

Has Garage
No

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
110 Volts

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,384
Tax Year
2024
Tax Assessed Value
$549,400
Parcel Number
M:33 L:0292,2134849
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

5 Hazel 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 $532
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.6%
Price Range
6
Total Days on Market

Property Timeline

Sold
Jul 19, 2024
$765,000
Property sold
Days on Market: 6
🏠
Listed for Sale
May 2, 2024
$699,000
Original listing
Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
May 2, 2024 New Listing Added $699,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$404

Tax History

Year Taxes Assessment
2024 $6,384 $549,400

Financial Details

Annual Property Tax
$6,384
Tax Year 2024
Assessed Value
$549,400

Listing Information

Listing Agent Jordan Ryan
Listing Office Keller Williams Realty Evolution
Agent MLS ID CN255751
Office MLS ID C95098

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