Grand triple-mint condition single family townhouse on gorgeous Chestnut Street in Salem. Started life in 1845 as a Greek Revival, later updated Colonial Revival details, which has yielded a house with a rarified material quality...fluted pilasters, hand carved mantels, rich paneled wainscotting, mahogany windowsills, and the most delightful old-world butlers pantry. The whole house imparts a sense of enduring and elevated quality. The owners have maintained this home to the highest standards; recent repointing, 2 zone c/ac, recent new roof, custom baths, 4 zone irrigation & exterior lighting, & custom copper gutters, to name a few. The outdoor spaces are artfully designed for beauty, functional and low maintenance. Located at the upper end of Chestnut St, lined with 19th century mansions built during the heyday of Salem’s seafaring trade. Minutes from downtown Salem and the train. This is a rare offering of a turnkey home in a completely intact 19th century New England setting.
Sale Statistics
Sale Overview
Original List Price:$2,250,000
Final Sale Price:$2,110,000
Difference:
$140,000 (-6.2%)
Performance Metrics
93.8%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$375
Sale $/sq ft:$352
This property sold for $352 per square foot
Sale Summary
This property sold for 6.2% below the original asking price.
With only 21 days on market, this was a quick sale compared to typical market conditions.
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$20,930
Tax Year
2025
Tax Assessed Value
$1,845,700
Parcel Number
M:25 L:0219,2131596
Zoning
R1
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Attached Property
Yes
Exclusions
Curtains In Main Bedroom And Back Bedroom On 3rd Floor. Sconces In The Dining Room.
Location
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Neighborhood
McIntire Historic District
40 Chestnut St, 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$1,744
Homeowners Insurance$200
PMI$0
Property History
Market Insights
6.2%
Price Range
22
Total Days on Market
Property Timeline
✓
Sold
May 15, 2025
$2,110,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Apr 1, 2025
$2,250,000
Original listing
Agent: Michael SelbstOffice: Gibson Sotheby's International Realty
Date
Event
Price
Change
$/sqft
Details
05/15/2025
✓
Sold
$2,110,000
-
-
Property sold
04/01/2025
🏠
Listed for Sale
$2,250,000
-
-
Original listing
Price & Status History
Date
Event
Price
Change
Apr 1, 2025
New Listing Added
$2,250,000
—
Market Statistics
Days on Market
21 days
Price per Sq Ft
$352
Tax History
Year
Taxes
Assessment
2025
$20,930
$1,845,700
Financial Details
Annual Property Tax
$20,930
Tax Year 2025
Assessed Value
$1,845,700
Listing Information
Listing AgentMichael Selbst
Listing OfficeGibson Sotheby's International Realty
