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396 Essex # 2, Salem MA 01970

Salem, MA 01970
$540,000
Est. $2,874/month
2
Beds
2
Baths
1,418
Sq Ft
$381
Price/Sq Ft
1881
Year Built
Condominium
Type
61
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73302150

About this home

Embrace the beauty of historic Salem in this delightful 2-bedroom, 2-bathroom condo located in the sought-after McIntire District. The main floor includes a spacious living room with an added lower level family room, providing plenty of room to relax and entertain. The family room includes a second bathroom with laundry and a bonus storage room. On the second floor, you’ll find two oversize bedrooms and a remodeled full bath. The expansive primary bedroom boasts a cozy sitting area and direct access to the full bath. Step outside to enjoy the lovely garden area and private back deck, perfect for outdoor gatherings. Located just minutes from Forest River, parks, Pickering Wharf, museums, the commuter rail, and all the dining and shopping options downtown Salem has to offer. Don’t miss out on this unique opportunity!

Sale Statistics

Sale Overview
Original List Price: $580,000
Final Sale Price: $540,000
Difference: $40,000 (-6.9%)
Performance Metrics
93.1%
List to Sale Ratio
Sold below asking price
61
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $409
Sale $/sq ft: $381
This property sold for $381 per square foot
Sale Summary

This property sold for 6.9% below the original asking price.

The property spent 61 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1881
Bedrooms
2
Full Bathrooms
2
Living Area
1,418 sq ft
Total Rooms
5
Stories
3
Entry Level
1

Interior Features

Flooring
Wood, Tile
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Basement Details
Y

Exterior & Structure

Exterior Features
Porch
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Walk/Jog Trails, Medical Facility, House of Worship, T-Station, University
HOA Fee
$420
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,664
Tax Year
2024
Tax Assessed Value
$487,400
Parcel Number
2131418
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Certified Historic
Disclosures
Water/Sewer is shared equally among the 3 units in the main house. The fourth unit has its own meter.

Location

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Neighborhood

396 Essex # 2, 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 $472
Homeowners Insurance $200
HOA Fee $420
PMI $0

Property History

Market Insights

1.8%
Price Range
62
Total Days on Market

Property Timeline

✓
Sold
Jan 31, 2025
$540,000
Property sold
Days on Market: 62
🏠
Listed for Sale
Oct 15, 2024
$549,999
Original listing
Agent: Francesca Little Office: Little & Co., REALTORS®

Price & Status History

Date Event Price Change
Oct 15, 2024 New Listing Added $549,999 —

Market Statistics

Days on Market
61 days
Price per Sq Ft
$381

Tax History

Year Taxes Assessment
2024 $5,664 $487,400

Financial Details

Annual Property Tax
$5,664
Tax Year 2024
HOA Fee
$420
Monthly
Assessed Value
$487,400

Listing Information

Listing Agent Francesca Little
Listing Office Little & Co., REALTORS®
Agent MLS ID CN234756
Office MLS ID C67600

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