98 Tremont Street, Salem MA 01970

Salem, MA 01970
$625,000
Est. $3,327/month
2
Beds
2
Baths
1,350
Sq Ft
$463
Price/Sq Ft
0.11
Acres
1880
Year Built
Single Family Residence
Type
11
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73245511

About this home

Charming farmhouse style home featuring a welcoming front porch. Living room & dining room areas have hardwood floors, ceiling fan and closet for storage. Nice kitchen with tile floors, granite counters, gas stove, portable dishwasher and ceiling fan. A back hall off the kitchen has a washer & dryer and full bath (with shower) which was added in 2013. Spacious deck overlooks the beautiful yard. Hardwood staircase leading up to the 2nd floor has a pretty stained glass window. The 2 bedrooms have hardwood floors and ceiling fans. A 3rd room is used as TV room/den/office. New flooring in the upstairs bath (installed May 2024). A newer gas heating system was installed in 2016. New hot water (installed May 2024) The yard is partially fenced and has a large storage shed. 2 car parking. Convenient North Salem location. A great opportunity to own this lovely home.

Sale Statistics

Sale Overview
Original List Price: $569,900
Final Sale Price: $625,000
Difference: +$55,100 (+9.7%)
Performance Metrics
109.7%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $422
Sale $/sq ft: $463
This property sold for $463 per square foot
Sale Summary

This property sold for 9.7% above the original asking price, indicating strong buyer demand.

With only 11 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
1880
Bedrooms
2
Full Bathrooms
2
Living Area
1,350 sq ft
Total Rooms
6

Interior Features

Flooring
Wood, Tile, Laminate
Heating
Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Flooring - Stone/Ceramic Tile, Main Level, First Floor
Basement Details
Partial

Exterior & Structure

Architectural Style
Colonial, Farmhouse
Roof
Shingle, Rubber
Foundation
Concrete Perimeter, Stone
Exterior Features
Porch, Deck, Rain Gutters, Storage, Fenced Yard, Garden
Patio/Porch Features
Porch, Deck
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
5,001 sq ft
Lot Size Area
0.1100
Lot Features
Corner Lot
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
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Marina, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,081
Tax Year
2024
Tax Assessed Value
$523,300
Parcel Number
2129424
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
See additional information sheet attached.

Location

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Neighborhood

98 Tremont 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 $507
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.8%
Price Range
12
Total Days on Market

Property Timeline

Sold
Jun 21, 2024
$625,000
Property sold
Days on Market: 12
🏠
Listed for Sale
May 31, 2024
$569,900
Original listing
Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
May 31, 2024 New Listing Added $569,900

Market Statistics

Days on Market
11 days
Price per Sq Ft
$463

Tax History

Year Taxes Assessment
2024 $6,081 $523,300

Financial Details

Annual Property Tax
$6,081
Tax Year 2024
Assessed Value
$523,300

Listing Information

Listing Agent Diane Vigneron
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID C2422671
Office MLS ID AN6221

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