5 Orchard Street, Salem MA 01970

Salem, MA 01970 • Dearborn/North Salem
$1,005,000
Est. $5,349/month
4
Beds
2.5
Baths
2,287
Sq Ft
$439
Price/Sq Ft
0.08
Acres
1820
Year Built
Single Family Residence
Type
18
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73341379

About this home

Having trouble deciding between new construction and historic charm? 5 Orchard gives you both! The considerable 2021 addition is so well integrated that it's impossible to determine which parts are historic and which are new. The gorgeous custom designed kitchen features an oversized island, quartz counters, Bosch appliances, marble mosaic backsplash, and access to fenced backyard and patio. Enjoy water views from both 2nd and 3rd floors and a panoramic vista from the spacious roof deck. Luxurious primary suite includes two large walk-in closets and an amazing bathroom. 2nd floor laundry has heated flooring as does the mudroom and primary bath! Living room off kitchen is highlighted by a gas fireplace and pocket glass doors, allowing flexibility of privacy or open concept. Home office spaces on either 1st, 2nd or 3rd floors. Outside offers 3 separate areas to choose from: farmers porch, roof top deck, or private yard surrounded by an array of mature plantings and flowers.

Sale Statistics

Sale Overview
Original List Price: $949,000
Final Sale Price: $1,005,000
Difference: +$56,000 (+5.9%)
Performance Metrics
105.9%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $415
Sale $/sq ft: $439
This property sold for $439 per square foot
Sale Summary

This property sold for 5.9% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1820
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,287 sq ft
Total Rooms
11

Interior Features

Flooring
Wood, Tile, Carpet
Heating
Forced Air, Heat Pump, Natural Gas, Electric
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Tankless Water Heater, Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Office, Mud Room
Laundry Features
Second Floor
Basement Details
Full
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter, Stone
Exterior Features
Porch, Deck - Roof, Patio, Fenced Yard
Patio/Porch Features
Porch, Deck - Roof, Patio
Fencing
Fenced
Has Spa
No
View
Scenic View(s)
Has View
Yes
Waterfront Features
Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,563 sq ft
Lot Size Area
0.0800
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service
Energy Efficient Features
Thermostat

Community & HOA

Subdivision
Dearborn/North Salem
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Highway Access, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,822
Tax Year
2025
Tax Assessed Value
$601,600
Parcel Number
2133409
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Duel fuel heating system is made up of both an electric heat pump and gas furnace. The system operates on duel fuel to maximize efficiency and most effectively heat and cool the home. Heat and AC. Lead paint report identifies a few minimal locations.

Location

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Neighborhood

Dearborn/North Salem

5 Orchard Street, 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 $569
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.6%
Price Range
20
Total Days on Market

Property Timeline

Sold
Apr 11, 2025
$1,005,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Mar 5, 2025
$949,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
Mar 5, 2025 New Listing Added $949,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$439

Tax History

Year Taxes Assessment
2025 $6,822 $601,600

Financial Details

Annual Property Tax
$6,822
Tax Year 2025
Assessed Value
$601,600

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279

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