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92 Essex Street # 1, Salem MA 01970

Salem, MA 01970
$385,000
1
Beds
1
Baths
836
Sq Ft
$461
Price/Sq Ft
0.11
Acres
1850
Year Built
1
Garage Space
44
Days on Market
Closed Listed Dec 10, 2024 • MLS# 73318880 Copied! • Updated Apr 4, 2025

Sale Statistics

Sale Overview
Original List Price: $415,000
Final Sale Price: $385,000
Difference: $30,000 (-7.2%)
Performance Metrics
92.8%
List to Sale Ratio
Sold below asking price
44
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $496
Sale $/sq ft: $461
This property sold for $461 per square foot
Sale Summary

This property sold for 7.2% below the original asking price.

The property spent 44 days on market before selling.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$461/sq ft
Area Average
$249/sq ft
Difference
+84.8%

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

About this home

Located in the heart of downtown Salem adjacent to Salem Common and the historic Hawthorne Hotel, this oversized 1-bedroom condo combines thoughtful details with inviting spaces. Featuring 9-foot ceilings, abundant natural light, and beautifully maintained hardwood floors with subtle inlay designs, the home has a warm and refined feel. The versatile kitchen/dining area is large enough to accommodate a sitting space, home office, or creative nook. The bedroom is bright and generously sized, creating a welcoming retreat. Detailed woodwork around the windows and doorways adds understated character throughout the unit. Additional highlights include exclusive use of the in-building washer/dryer, a locked storage area, and deeded garage parking. Enjoy low condo fees and the vibrant lifestyle Salem offers, with dining, shops, and waterfront attractions just outside your door. Don’t miss this perfect alternative to a single-family home!

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Recently Sold Nearby

Property History

Market Insights

28.6%
Price Range
46
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Apr 4, 2025
$385,000
Property sold
Days on Market: 46
🏠
Listed for Sale
Dec 10, 2024
$399,000
Original listing
Agent: The Pizzo Group Office: Aluxety
Previous Transaction - MLS #72112328
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 27, 2017
$285,000
MLS #72112328

Tax History

Year Taxes Assessment
2024 $4,662 $401,200

Financial Details

Annual Property Tax
$4,662
Tax Year 2024
HOA Fee
$171
Monthly
Assessed Value
$401,200

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 836 sq ft
Lot Size 0.11 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, Lighting - Overhead, In Basement, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Slate
Features Porch, Storage, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Assigned, Deeded
Total Spaces 2
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Annual Tax $4,662
Assessed Value $401,200

HOA & Community

HOA Fee $171 Monthly
Fee Includes Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Seller Disclosures This Is An Estate Sale. Seller Has Never Lived In The Property.
Possession None
Accepted Financing None
Structure Type ["Half-Duplex","Low-Rise"]
Unit/Building 1
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Floor Plans (3)
County Essex
Total market time (incl. prior listings) 46 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
1
Full Bathrooms
1
Living Area
836 sq ft
Total Rooms
3
Stories
1
Entry Level
1
Main Level Bedrooms
1

Room Details

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom
No

Main,First Floor

Bathroom1
Bathroom - 3/4, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
Dining Room
Ceiling Fan(s), Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
Kitchen
Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
Living Room
Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Crown Molding
Master Bedroom
Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Crown Molding

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, Lighting - Overhead, In Basement, In Building
Security:

Construction & Materials

Year Built: 1850
Structure Type: Half-Duplex, Low-Rise
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Storage, Rain Gutters
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Off Street, Assigned, Deeded

Nearby Schools

School information not available for this location.

Location

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Neighborhood

92 Essex Street # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent The Pizzo Group
Listing Office Aluxety
Office Phone 800-806-3212
Agent MLS ID TM319354
Office MLS ID AN8387
Listing Data Updated Apr 4, 2025 4:03 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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