Dimensions5 x 7
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
LevelSecond
42 Broad Street # 4, Salem MA 01970
Salem, MA 01970
$493,000
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Sale Statistics
Sale Overview
Original List Price:
$499,900
Final Sale Price:
$493,000
Difference:
$6,900 (-1.4%)
Performance Metrics
98.6%
List to Sale Ratio
Sold below asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$472
Sale $/sq ft:
$465
This property sold for $465 per square foot
Sale Summary
This property sold for 1.4% below the original asking price.
The property spent 48 days on market before selling.
Nearby Sales Comparison
Based on 22 similar properties sold within 0.5 miles in the last 90 days
This Property
$465/sq ft
Area Median
$319/sq ft
Difference
+45.8%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
This bright spacious two bedroom condo is located on a wide residential boulevard conveniently located within blocks to downtown Salem, the Historic Federal McIntire District, as well as close to the major highways and train station for commuting. Newly installed windows throughout for efficient heat lend to the bright rooms with high ceilings. Two very large bedrooms, the main bedroom with full bath and double closets, in-unit laundry, spacious walk-in entry closet, large living room and eat-in kitchen with sliding doors to a private deck complete this unit. The unit also offers a storage room and two deeded parking spaces in the rear of the property. New Heating system and new hot water heater installed second week of January 2025. Solid HOA and management company make this a rare opportunity for a buyer to have all the amenities Salem has to offer. As a resident, many free passes to museums, sandy beaches and harbor. See Firm Remarks regarding offers.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
1.4%
Price Range
49
Total Days on Market
Property Timeline
Sold
Mar 25, 2025
$493,000
Property sold
Days on Market: 49
Listed for Sale
Jan 14, 2025
$499,900
Original listing
Agent: Debra Goldberg
Office: William Raveis R.E. & Home Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/25/2025 | ✓ Sold | $493,000 | - | - | Property sold |
| 01/14/2025 | 🏠 Listed for Sale | $499,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,847 | $427,400 |
Financial Details
Annual Property Tax
$4,847
Tax Year 2025
HOA Fee
$317
Per month
Assessed Value
$427,400
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1900
Living Area
1,060 sq ft
Lot Size
0.0000
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Baseboard
Cooling
None
Flooring
Wood, Vinyl, Carpet
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
Laundry Closet, Second Floor
Features
Walk-in Closet(s)
Exterior
Construction
None
Architecture
None
Roof
Slate
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Total Spaces
2
Utilities
Electric
Circuit Breakers, 200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,847
Assessed Value
$427,400
HOA & Community
HOA Fee
$317
Fee Includes
Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities
Storage
Optional Fee Includes
None
Owner-Occupied Units
6
MA Disclosures
Seller Disclosures
Room Sizes Approximate- Square Footage By Assessors.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
4
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
49 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,060 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,060 sq ft above grade
Dimensions10 x 13
FeaturesFlooring - Wood, Balcony / Deck, Recessed Lighting, Lighting - Pendant
LevelSecond
Dimensions7 x 8
FeaturesBathroom - With Tub & Shower, Flooring - Vinyl
LevelSecond
Dimensions10 x 11
FeaturesCloset, Flooring - Wall to Wall Carpet
LevelSecond
Dimensions13 x 13
FeaturesFlooring - Hardwood, Lighting - Overhead, Crown Molding
LevelSecond
Dimensions10 x 12
FeaturesBathroom - Full, Closet, Flooring - Wall to Wall Carpet
LevelSecond
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Vinyl, Carpet
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Walk-In Closet(s)
Windows:
Insulated Windows
Basement:
Y
Laundry:
Laundry Closet, Second Floor
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Mid-Rise
Exterior Materials:
Roof:
Slate
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard
Heating Zones:
1
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
9 schools
The Phoenix School
0.5 mi
Grades PK-08
The Greenhouse School
1.4 mi
Grades PK-08
B-
Saltonstall School
0.6 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
C-
Horace Mann Laboratory School
0.8 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
0.9 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
B-
Carlton School
1.2 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B+
Bates School
1.2 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.4 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.4 mi
106 students
Diverse
Diverse Student Body
Grades PK
Middle Schools
1 school
C+
Collins Middle School
0.2 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
0.8 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
0.9 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Location
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Neighborhood
42 Broad Street # 4, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Debra Goldberg
Listing Office
William Raveis R.E. & Home Services
Office Phone
781-631-1199
Agent MLS ID
C4462832
Office MLS ID
M95385
Listing Data Updated
Mar 26, 2025 12:31 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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