5 Greenway Rd, Salem MA 01970

Salem, MA 01970
$532,000
Est. $2,832/month
2
Beds
1
Baths
880
Sq Ft
$605
Price/Sq Ft
0.14
Acres
1948
Year Built
Single Family Residence
Type
13
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73358085

About this home

CHARMING HOME ON A QUIET DEAD-END STREET IN SALEM! Welcome to 5 Greenway Road, a lovingly maintained 2-bedroom, 1-bath home offering comfort, flexibility, and a peaceful setting. The fully applianced kitchen features stainless steel appliances and warm butcher block countertops, with an adjoining sunroom currently used as a dining area. The living room boasts hardwood floors and recessed lighting, creating a cozy and inviting space. The large primary bedroom includes sliders to the back deck, where you can enjoy views of the patio and garden. The second bedroom offers versatility and can easily function as a home office, dining room, or guest room. Basement with plenty of storage space and extra refrigerator included. Located in a quiet neighborhood yet close to all that Salem has to offer, this home is a true gem. SCHEDULE YOUR SHOWING TODAY—THIS ONE WON’T LAST!

Sale Statistics

Sale Overview
Original List Price: $475,000
Final Sale Price: $532,000
Difference: +$57,000 (+12.0%)
Performance Metrics
112.0%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $540
Sale $/sq ft: $605
This property sold for $605 per square foot
Sale Summary

This property sold for 12.0% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1948
Bedrooms
2
Full Bathrooms
1
Living Area
880 sq ft
Total Rooms
4

Interior Features

Flooring
Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Heating
Forced Air
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Electric Water Heater, Range, Refrigerator, Washer, Dryer
Interior Features
Bonus Room, Sun Room
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Block
Exterior Features
Deck - Wood, Patio, Storage, Fenced Yard, Stone Wall
Patio/Porch Features
Deck - Wood, Patio
Fencing
Fenced
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,203 sq ft
Lot Size Area
0.1400
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Public School, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,151
Tax Year
2025
Tax Assessed Value
$454,200
Tax Lot
0168
Tax Map Number
14
Parcel Number
M:14 L:0168,2128269
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Buyer responsible for own due diligence. Solar Panels Are Leased.
Exclusions
See Inclusion/ Exclusions List.

Location

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Neighborhood

5 Greenway Rd, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Witchcraft
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Salem
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $429
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10.7%
Price Range
14
Total Days on Market

Property Timeline

Sold
May 27, 2025
$532,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Apr 10, 2025
$475,000
Original listing
Agent: Team Lillian Montalto Office: Lillian Montalto Signature Properties

Price & Status History

Date Event Price Change
Apr 10, 2025 New Listing Added $475,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$605

Tax History

Year Taxes Assessment
2025 $5,151 $454,200

Financial Details

Annual Property Tax
$5,151
Tax Year 2025
Assessed Value
$454,200

Listing Information

Listing Agent Team Lillian Montalto
Listing Office Lillian Montalto Signature Properties
Agent MLS ID TM338007
Office MLS ID G62122

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