20 Central St # 406, Salem MA 01970

Salem, MA 01970

$460,000

Beds

Baths

1,395

Sq Ft

$330

Price/Sq Ft

1980

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Mar 10, 2025 • MLS# 73343563 Copied! • Updated Apr 30, 2025

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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

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.

Nearby Sales Comparison

Based on 44 similar properties sold within 0.5 miles in the last 90 days

This Property

$330/sq ft

Area Median

$468/sq ft

Difference

29.4%

This property sold below the area median, potentially representing good value for the buyer.

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!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

2.2%

Price Range

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

Date	Event	Price	Change	$/sqft	Details
04/30/2025	✓ Sold	$460,000	-	-	Property sold
03/10/2025	🏠 Listed for Sale	$450,000	-	-	Original listing

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

Facts & Features

1 Car Garage

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1980

Living Area 1,395 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 5

Interior

Heating Forced Air, Heat Pump, Electric

Cooling Central Air

Flooring None

Appliances None

Fireplace None

Fireplaces 1

Basement N

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Garage Spaces 1

Has Garage Yes

Features None

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,393

Assessed Value $475,600

HOA & Community

HOA Fee $534 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Amenities Laundry, Elevator(s), Storage

Optional Fee Includes None

Owner-Occupied Units 36

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 406

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 23 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1980

Bedrooms

Full Bathrooms

Living Area

1,395 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement: N

Laundry:

Security:

Construction & Materials

Year Built: 1980

Structure Type: Garden

Exterior Materials:

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric

Cooling: Central Air

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 1

Parking Features:

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

20 Central St # 406, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Piantidosi Group

Listing Office Coldwell Banker Realty - Andovers/Readings Regional

Office Phone 978-475-2201

Agent MLS ID TM336881

Office MLS ID AN8827

Listing Data Updated Apr 30, 2025 4:35 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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