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5 Gardner Street # 2, Salem MA 01970

Salem, MA 01970
$470,000
Est. $2,502/month
3
Beds
1
Baths
1,228
Sq Ft
$383
Price/Sq Ft
0.14
Acres
1914
Year Built
Condominium
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73349713

About this home

Tucked on a quiet one-way street, this sun-splashed Salem condo blends timeless charm with thoughtful updates. Soaring ceilings, gleaming hardwood floors, and classic millwork give the home a warm and welcoming feel. The updated kitchen features gas cooking, ample cabinetry, generous prep space, and a breakfast bar that opens to a roomy dining area—perfect for everyday living or entertaining. Natural light pours into the spacious living room and three comfortable bedrooms. Enjoy exclusive front balcony access. Additional highlights include a dedicated storage room, exclusive-use laundry in the basement, and shared backyard space. The pet-friendly condo's association fee covers heat and hot water. Ideally located close to Salem’s thriving downtown, with its mix of historic landmarks, restaurants, shops, and waterfront attractions. Also convenient to Salem State University, local parks, and public transit—this is city living with comfort and character.

Sale Statistics

Sale Overview
Original List Price: $459,000
Final Sale Price: $470,000
Difference: +$11,000 (+2.4%)
Performance Metrics
102.4%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $374
Sale $/sq ft: $383
This property sold for $383 per square foot
Sale Summary

This property sold for 2.4% 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
1914
Bedrooms
3
Full Bathrooms
1
Living Area
1,228 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Interior Features

Flooring
Wood, Tile
Heating
Steam, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Laundry Features
In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Balcony, Fenced Yard, Garden, Rain Gutters
Fencing
Fenced
Has Spa
No
Waterfront Features
Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,359 sq ft
Lot Size Area
0.1400

Parking & Garage

Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Deeded

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$420
Association Amenities
Hot Water
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,882
Tax Year
2025
Tax Assessed Value
$430,500
Tax Lot
802
Tax Block
218
Tax Map Number
33
Parcel Number
330218802,4421181
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Common Walls
2+ Common Walls
Disclosures
Heating system is shared. Unit owners meet and decide on temps for the season.

Location

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Neighborhood

5 Gardner Street # 2, 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 $407
Homeowners Insurance $200
HOA Fee $420
PMI $0

Property History

Market Insights

4.3%
Price Range
22
Total Days on Market
1
Previous Sales

Property Timeline

✓
Sold
May 29, 2025
$470,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Mar 25, 2025
$459,000
Original listing
Agent: The Pizzo Group Office: Aluxety
Previous Transaction - MLS #73178172
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 22, 2023
$450,000
MLS #73178172
View Listing →

Price & Status History

Date Event Price Change
Mar 25, 2025 New Listing Added $459,000 —
Dec 22, 2023 Sold $450,000 —

Market Statistics

Days on Market
20 days
Price per Sq Ft
$383

Tax History

Year Taxes Assessment
2025 $4,882 $430,500

Financial Details

Annual Property Tax
$4,882
Tax Year 2025
HOA Fee
$420
Per month
Assessed Value
$430,500

Listing Information

Listing Agent The Pizzo Group
Listing Office Aluxety
Agent MLS ID TM319354
Office MLS ID AN8387

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