20 Central St # 406, Salem MA 01970

Salem, MA 01970
$460,000
Est. $2,448/month
2
Beds
2
Baths
1,395
Sq Ft
$330
Price/Sq Ft
1980
Year Built
Condominium
Type
21
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73343563

About this home

Simply cannot beat this location! Bring your ideas to this highly desired Central Plaza Condo located in the heart of downtown Salem! This top floor penthouse boasts a spacious layout including a large kitchen, open-concept living space w/wood burning fireplace, and 2 large sliders leading to your own private balcony. The primary suite has its own bathroom, large walk-in closet, and a 2nd walk out private balcony. A generous second bedroom and bathroom round out the unit. Come see! There are hardwood floors, central a/c, a deeded underground garage parking space for one car, elevator access, as well as additional storage space and laundry facilities on site. Here you are in the mix and Historic Salem just steps outside your door with great access to Salem Harbor, Commuter Rail, Pedestrian Mall, Pickering Wharf, a plethora of amazing restaurants, museums, boutique shopping, live entertainment, and all that The Witch City has to offer. Don't miss this one! Sorry, no pets allowed!

Sale Statistics

Sale Overview
Original List Price: $450,000
Final Sale Price: $460,000
Difference: +$10,000 (+2.2%)
Performance Metrics
102.2%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $323
Sale $/sq ft: $330
This property sold for $330 per square foot
Sale Summary

This property sold for 2.2% 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
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,395 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Interior Features

Heating
Forced Air, Heat Pump, Electric
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Basement Details
N

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA Fee
$534
HOA Fee Frequency
Monthly
Association Amenities
Laundry, Elevator(s), Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,393
Tax Year
2025
Tax Assessed Value
$475,600
Parcel Number
M:35 L:0248 S:848,2136579
Zoning
B5

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Central Plaza Condominiums

Location

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Neighborhood

20 Central St # 406, 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 $449
Homeowners Insurance $200
HOA Fee $534
PMI $0

Property History

Market Insights

2.2%
Price Range
23
Total Days on Market

Property Timeline

Sold
Apr 30, 2025
$460,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Mar 10, 2025
$450,000
Original listing
Agent: Piantidosi Group Office: Coldwell Banker Realty - Andovers/Readings Regional

Price & Status History

Date Event Price Change
Mar 10, 2025 New Listing Added $450,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$330

Tax History

Year Taxes Assessment
2025 $5,393 $475,600

Financial Details

Annual Property Tax
$5,393
Tax Year 2025
HOA Fee
$534
Monthly
Assessed Value
$475,600

Listing Information

Listing Agent Piantidosi Group
Listing Office Coldwell Banker Realty - Andovers/Readings Regional
Agent MLS ID TM336881
Office MLS ID AN8827

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