289 Essex St # 101, Salem MA 01970

Salem, MA 01970
$554,000
Est. $2,949/month
2
Beds
2
Baths
1,244
Sq Ft
$445
Price/Sq Ft
0.31
Acres
1987
Year Built
Condominium
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73338062

About this home

Experience the best of Salem living in this rarely available, spacious 2-bedroom, 2-bathroom condo with over 1,200 square feet of comfortable living space. Nestled in the heart of downtown, this home offers unbeatable access to the city’s vibrant culture, renowned restaurants, shops, and public transportation—making it perfect for year-round enjoyment, especially during Salem’s famous Halloween festivities! This condo features an open and inviting layout, with a primary suite complete with a walk-in closet, in-unit washer and dryer, and recent updates including a 2017 heating system and a 2022 water heater. A true standout, this unit includes a deeded garage parking spot—a rare find in this prime location! Enjoy low association fees that cover water and sewer, all while benefiting from the convenience of city living with a cozy retreat to call home. Don’t miss this incredible opportunity to own a piece of Salem’s historic charm!

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $554,000
Difference: +$5,000 (+0.9%)
Performance Metrics
100.9%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $441
Sale $/sq ft: $445
This property sold for $445 per square foot
Sale Summary

This property sold for 0.9% above the original asking price, indicating strong buyer demand.

With only 20 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
1987
Bedrooms
2
Full Bathrooms
2
Living Area
1,244 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Interior Features

Flooring
Wood, Tile, Carpet
Heating
Central, Forced Air, Heat Pump, Electric
Has Heating
Yes
Cooling
Central Air, Heat Pump
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Entry Hall
Laundry Features
In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
N
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Brick
Has Spa
No
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.31 acres
Lot Size
13,530 sq ft
Lot Size Area
0.3100

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Parking Features
Under, Deeded
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Energy Efficient Features
Thermostat

Community & HOA

HOA Fee
$313
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,591
Tax Year
2025
Tax Assessed Value
$493,000
Tax Lot
0456
Tax Map Number
26
Parcel Number
M:26 L:0456 S:801,4583384
Zoning
B5

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
289 On Essex Condominium
Disclosures
Some photos virtually staged. Two tax bills. One for the unit $5, 591 and another for the parking spot $173.50.

Location

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Neighborhood

289 Essex St # 101, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Saltonstall
Rating information coming soon
Middle School
New Liberty
Rating information coming soon
High School
Salem Prep Hs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $466
Homeowners Insurance $200
HOA Fee $313
PMI $0

Property History

Market Insights

0.9%
Price Range
22
Total Days on Market

Property Timeline

Sold
Mar 27, 2025
$554,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Feb 25, 2025
$549,000
Original listing
Agent: Alex Fronduto Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Feb 25, 2025 New Listing Added $549,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$445

Tax History

Year Taxes Assessment
2025 $5,591 $493,000

Financial Details

Annual Property Tax
$5,591
Tax Year 2025
HOA Fee
$313
Monthly
Assessed Value
$493,000

Listing Information

Listing Agent Alex Fronduto
Listing Office Real Broker MA, LLC
Agent MLS ID CN239316
Office MLS ID AN4866

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