18 Chase St, Salem MA 01970

Salem, MA 01970
$730,000
Est. $3,885/month
5
Beds
2
Baths
2,700
Sq Ft
$270
Price/Sq Ft
0.08
Acres
1920
Year Built
Multi Family
Type
16
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73240506

About this home

GREAT 2-Family with 2 and 3 bedroom units on a dead-end street. Situated near Palmer Cove Park with community gardens and barely a half mile from downtown Salem with its numerous restaurants, shops and attractions. Both units feature beautiful hardwood floors and open concept floor plan. They each have an eat-in/galley kitchen with gas stoves, a large dining room, living room and back porches. Laundry in large basement. Fenced in yard. Tenants at Will.

Sale Statistics

Sale Overview
Original List Price: $745,000
Final Sale Price: $730,000
Difference: $15,000 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $276
Sale $/sq ft: $270
This property sold for $270 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

With only 16 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
1920
Bedrooms
5
Full Bathrooms
2
Living Area
2,700 sq ft
Total Rooms
11
Stories
2
Levels
2

Interior Features

Flooring
Hardwood
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Laundry Room, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Basement Details
Full, Interior Entry, Bulkhead, Concrete

Exterior & Structure

Construction Materials
Frame
Roof
Slate
Foundation
Concrete Perimeter
Patio/Porch Features
Porch
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Features
Harbor, Ocean, 3/10 to 1/2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,502 sq ft
Lot Size Area
0.0800
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Parking Features
On Street

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,943
Tax Year
2024
Tax Assessed Value
$597,500
Parcel Number
M:34 L:0463,2136038
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Oil Heat/Water Unit 1Gas Heat/Hot water Unit 2

Location

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Neighborhood

18 Chase 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 $579
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2%
Price Range
18
Total Days on Market

Property Timeline

Sold
Jul 3, 2024
$730,000
Property sold
Days on Market: 18
🏠
Listed for Sale
May 20, 2024
$745,000
Original listing
Agent: Paul Goyette Office: Stelmach Realty

Price & Status History

Date Event Price Change
May 20, 2024 New Listing Added $745,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$270

Tax History

Year Taxes Assessment
2024 $6,943 $597,500

Financial Details

Annual Property Tax
$6,943
Tax Year 2024
Assessed Value
$597,500

Listing Information

Listing Agent Paul Goyette
Listing Office Stelmach Realty
Agent MLS ID B9500824
Office MLS ID B70007

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