324-328 Essex St # 2, Salem MA 01970

Salem, MA 01970

$985,000

Beds

2.5

Baths

1,946

Sq Ft

$506

Price/Sq Ft

0.54

Acres

1818

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Jul 16, 2024 • MLS# 73265514 Copied! • Updated Sep 18, 2024

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Sale Statistics

Sale Overview

Original List Price: $985,000

                            Final Sale Price:
                            $985,000
                        

Difference: +$0 (+0.0%)

Performance Metrics

100.0%

List to Sale Ratio

Sold at asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $506

                            Sale $/sq ft:
                            $506
                        

This property sold for $506 per square foot

Sale Summary

This property sold exactly at the asking price.

With only 29 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 35 similar properties sold within 0.5 miles in the last 90 days

This Property

$506/sq ft

Area Median

$443/sq ft

Difference

+14.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Grand 2 BR 2 ½ bath duplex located in the historic 1818 Loring-Emmerton House in Salem’s McIntire District. This mansion, elegantly subdivided into 4 condos, gets its name from the diplomat & statesman, George P Loring and the great philanthropist & preservationist Caroline Emmerton, under whose leadership the House of Seven Gables museum was established. Large & beautifully proportioned rooms with windows running the length of the front façade on two floors, suffusing the space with abundant natural light. On the living level, the sense of tradition remains with all the fabulous detail intact, but interpreted in a modern way with a house-scaled kitchen and an open flow across the whole floor. Upstairs are 2 large bedrooms, each with its own spa-like bath, & conveniently located laundry. Above is a real bonus, a skylight lit finished attic which could be an office or a studio/art space. 2 car parking , lovely shared outdoor space, and moments to downtown Salem and the train station.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

45.5%

Price Range

Total Days on Market

Previous Sales

Property Timeline

✓

Sold

Sep 18, 2024

$985,000

Property sold

Days on Market: 30

🏠

Listed for Sale

Jul 16, 2024

$985,000

Original listing

Agent: Michael Selbst Office: Gibson Sotheby's International Realty

Previous Transaction - MLS #72038899

Full transaction history available when tracking began

🏷️

Previously Sold

Nov 10, 2016

$537,000

MLS #72038899

View Listing →

Date	Event	Price	Change	$/sqft	Details
09/18/2024	✓ Sold	$985,000	-	-	Property sold
07/16/2024	🏠 Listed for Sale	$985,000	-	-	Original listing
11/10/2016	🏷️ Previously Sold	$537,000	-	-	MLS #72038899

Tax History

Year	Taxes	Assessment
2024	$9,011	$775,500

Financial Details

Annual Property Tax

$9,011

Tax Year 2024

HOA Fee

$628

Monthly

Assessed Value

$775,500

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1818

Living Area 1,946 sq ft

Lot Size 0.54 acres

Bedrooms 2

Full Baths 2

Half Baths 1

Total Rooms 4

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Wood, Marble

Appliances Range, Disposal, Refrigerator, Freezer, Washer, Dryer

Fireplace None

Fireplaces 1

Basement Y

Laundry In Unit

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Total Spaces 2

Utilities

Electric 110 Volts, 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $9,011

Assessed Value $775,500

HOA & Community

HOA Fee $628 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Amenities None

Optional Fee Includes None

Owner-Occupied Units 4

MA Disclosures

Seller Disclosures Finished Attic Not Climate Controlled

Additional Details

Possession None

Accepted Financing None

Structure Type ["Townhouse"]

Unit/Building 2

Sq Ft Source Unit Floor Plan

Sq Ft Disclosures includes finished 3rd floor/attic space.

Documents Master Deed, Unit Deed, Rules & Regs, Master Plan (4)

County Essex

Total market time (incl. prior listings) 30 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1818

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

1,946 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Marble

Appliances: Range, Disposal, Refrigerator, Freezer, Washer, Dryer

Interior Features:

Windows: Storm Window(s)

Basement: Y

Laundry: In Unit

Security:

Construction & Materials

Year Built: 1818

Effective Year (Renovated): 2005

Structure Type: Townhouse

Exterior Materials:

Roof:

Foundation:

Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas

Heating Zones: 1

Cooling: Central Air

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features:

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Nearby Schools

School information not available for this location.

Location

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Neighborhood

324-328 Essex St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Michael Selbst

Listing Office Gibson Sotheby's International Realty

Office Phone 978-526-0243

Agent MLS ID BB804690

Office MLS ID AN6133

Listing Data Updated Sep 18, 2024 10:43 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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