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4 Union Street # 3C, Salem MA 01970

Salem, MA 01970
$465,000
Est. $2,475/month
1
Beds
1
Baths
947
Sq Ft
$491
Price/Sq Ft
1900
Year Built
Condominium
Type
21
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73336725

About this home

Wow! So close to Salem Common, the Peabody Essex Museum, historic Derby St., 0.6 miles to the Salem Ferry and 0.7 miles to the commuter rail, with a walkability score of 99 /100, this location can’t be beat! Featuring an open floor plan with vaulted ceiling, exposed brick, 2 fireplaces and spacious loft to a private 7' x 7.5' balcony. The sleek red kitchen cabinets and black granite counters provides a trendy vibe. The spacious bedroom leads to the updated full bath. In-unit washer and dryer and dedicated storage space in the basement round out this great property. Low condo fee includes heat & hot water. Pets allowed with approval. Subject to a license to sell. Seller is unable to make any representations or warranties regarding the property. Seller is a fiduciary with obligations to the Protected Person, and the Court. Buyer and Buyer Agent to do their own due diligence. Please include required language with offer and Leading Edge Addendum (see attached).Offers due March 4 at 2PM.

Sale Statistics

Sale Overview
Original List Price: $389,900
Final Sale Price: $465,000
Difference: +$75,100 (+19.3%)
Performance Metrics
119.3%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $412
Sale $/sq ft: $491
This property sold for $491 per square foot
Sale Summary

This property sold for 19.3% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
947 sq ft
Total Rooms
4
Stories
2
Entry Level
3

Interior Features

Flooring
Wood, Tile, Bamboo
Heating
Baseboard
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Living Room, Master Bedroom
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Loft
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Skylight(s), Insulated Windows
Door Features
French Doors

Exterior & Structure

Exterior Features
Balcony / Deck, Balcony
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Shopping, Park, Walk/Jog Trails
HOA Fee
$379
HOA Fee Frequency
Monthly
Association Amenities
Hot Water
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,961
Tax Year
2025
Tax Assessed Value
$349,300
Parcel Number
2136673
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Union Street Condos
Common Walls
2+ Common Walls
Disclosures
The loft space does not have its own heat source but benefits passively from the heated main level. Buyer should be flexible with the closing date, and closing can be scheduled once the court issues the license to sell.
Listing Terms
Contract

Location

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Neighborhood

4 Union Street # 3C, 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 $330
Homeowners Insurance $200
HOA Fee $379
PMI $0

Property History

Market Insights

16.2%
Price Range
23
Total Days on Market

Property Timeline

✓
Sold
May 15, 2025
$465,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Feb 20, 2025
$389,900
Original listing
Agent: The Beaton Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Feb 20, 2025 New Listing Added $389,900 —

Market Statistics

Days on Market
21 days
Price per Sq Ft
$491

Tax History

Year Taxes Assessment
2025 $3,961 $349,300

Financial Details

Annual Property Tax
$3,961
Tax Year 2025
HOA Fee
$379
Monthly
Assessed Value
$349,300

Listing Information

Listing Agent The Beaton Team
Listing Office Leading Edge Real Estate
Agent MLS ID TEAM0447
Office MLS ID AN4648

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