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98 Bridge Street # 4, Salem MA 01970

Salem, MA 01970
$695,000
Est. $4,543/month
3
Beds
2
Baths
1,357
Sq Ft
$512
Price/Sq Ft
1806
Year Built
10
Days on Market
Closed Listed Mar 12, 2025 • MLS# 73344611 Copied!

About this home

Historic Grace meets Modern Sophistication! With exposed beams and brick, streaming sunshine, and artful renovations, this 3 Bedroom, 2 Bath Salem condo creates an exceptional and welcoming living space.The kitchen stands as a culinary showpiece, featuring gleaming quartz countertops, a central island, custom wine storage, and premium stainless steel appliances including a 5 burner gas range. Hardwoods flow throughout this thoughtfully designed home.The upper level primary suite has exposed beams, a fireplace, and a full bath with a gorgeous step-in tiled shower. 2 additional large bedrooms with vaulted ceilings are located on the main level along with a tiled full bath. 2 off-street parking spaces, central air, in-unit laundry, and additional attic and basement storage. Prime commuter location, only .8 miles to both the MBTA Train Station and Salem Ferry. A few short blocks to Salem Common, vibrant downtown, Collins Cove and bike paths. Pets welcome! OPEN Sat 3/15 & Sun 3/16 11 to 1.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1806
Bedrooms
3
Full Bathrooms
2
Living Area
1,357 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $650,000
Final Sale Price: $695,000
Difference: +$45,000 (+6.9%)
Performance Metrics
106.9%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $479
Sale $/sq ft: $512
This property sold for $512 per square foot
Sale Summary

This property sold for 6.9% above the original asking price, indicating strong buyer demand.

With only 10 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$512/sq ft
Area Average
$408/sq ft
Difference
+25.5%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1806
Living Area 1,357 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace Living Room, Master Bedroom
Fireplaces 2
Basement Y
Laundry Laundry Closet, Second Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Off Street, Tandem, Paved, Exclusive Parking
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $6,220
Assessed Value $548,500

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Windows:
Basement: Y
Laundry: Laundry Closet, Second Floor, In Unit
Security:

Construction & Materials

Year Built: 1806
Effective Year (Renovated): 2020
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Wood
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem, Paved, Exclusive Parking

Special Features

Fireplaces: 2
Fireplace Type: Living Room, Master Bedroom
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, T-Station, University

Location

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Neighborhood

98 Bridge Street # 4, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $518
Homeowners Insurance $200
HOA Fee $311/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

6.5%
Price Range
11
Total Days on Market

Property Timeline

Sold
May 6, 2025
$695,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Mar 12, 2025
$650,000
Original listing
Agent: Team Curtin - Tim & Jody Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Mar 12, 2025 New Listing Added $650,000

Market Statistics

Days on Market
10 days
Price per Sq Ft
$512

Tax History

Year Taxes Assessment
2025 $6,220 $548,500

Financial Details

Annual Property Tax
$6,220
Tax Year 2025
HOA Fee
$311
Monthly
Assessed Value
$548,500

Listing Information

Listing Office Leading Edge Real Estate
Agent MLS ID TM001362
Office MLS ID AN7144
Listing Data Updated May 6, 2025 3:21 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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