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17-3 High St # 3, Salem MA 01970

Salem, MA 01970
$560,000
Est. $3,794/month
2
Beds
1.5
Baths
1,165
Sq Ft
$481
Price/Sq Ft
1850
Year Built
14
Days on Market
Closed Listed Mar 26, 2025 • MLS# 73350048 Copied!

About this home

STEP INTO YOUR DREEM PROPERTY NEXT DOOR TO HISTORICAL " GEDNEY HOUSE" IN PRIME DOWNTOWN SALEM, where historic charm meets modern living.This two story gem retains its original wooden floors and beautiful wooden beams, preserving its timeless beauty. Open floor plan. Updated beautiful kitchen with older Fireplace, newer cabinets and stainless steel appliances. Large laundry room has custom built cabinets. Stunning large full bathroom on the main with Stained Glass window. Second floor boats : 2 stunning bedrooms, brand-new half a bath, balcony, new doors, skylight. New windows throughout the TH. One car garage. Large storage in the basement. Common court yard. This home seamlessly combining history with comfort. Located within walking distance of vibrant shops, restaurants, and cultural attractions, this property embodies the perfect blend of lifestyle and practicality. DON'T MISS THIS RARE CHANCE TO OWN A PIECE OF SALEM'S HISTORY !!!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,165 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $529,900
Final Sale Price: $560,000
Difference: +$30,100 (+5.7%)
Performance Metrics
105.7%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $455
Sale $/sq ft: $481
This property sold for $481 per square foot
Sale Summary

This property sold for 5.7% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property
$481/sq ft
Area Average
$351/sq ft
Difference
+37.1%

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

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 1,165 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Electric Baseboard, Steam, Natural Gas
Cooling None
Flooring Wood, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace Kitchen
Fireplaces 1
Basement Y
Laundry Closet/cabinets - Custom Built, Flooring - Wood, Second Floor, In Unit
Features Closet, Entry Hall, Loft

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under
Total Spaces 1

Utilities

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

Financial

Annual Tax $5,118
Assessed Value $418,048

Interior Features

Flooring: Wood, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Closet, Entry Hall, Loft
Windows: Insulated Windows
Basement: Y
Laundry: Closet/Cabinets - Custom Built, Flooring - Wood, Second Floor, In Unit
Security:

Construction & Materials

Year Built: 1850
Effective Year (Renovated): 2024
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Electric Baseboard, Steam, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under

Special Features

Fireplaces: 1
Fireplace Type: Kitchen
Community Amenities:

Location

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Neighborhood

17-3 High St # 3, 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 $427
Homeowners Insurance $200
HOA Fee $336/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

5.4%
Price Range
16
Total Days on Market

Property Timeline

Sold
May 1, 2025
$560,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Mar 26, 2025
$529,900
Original listing
Agent: Sima Rotenberg Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Mar 26, 2025 New Listing Added $529,900

Market Statistics

Days on Market
14 days
Price per Sq Ft
$481

Tax History

Year Taxes Assessment
2025 $5,118 $418,048

Financial Details

Annual Property Tax
$5,118
Tax Year 2025
HOA Fee
$336
Monthly
Assessed Value
$418,048

Listing Information

Listing Agent Sima Rotenberg
Listing Office William Raveis R.E. & Home Services
Agent MLS ID C5742425
Office MLS ID M95385
Listing Data Updated May 2, 2025 8:40 AM 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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