504 Loring Ave, Salem MA 01970

Salem, MA 01970 • South Salem
$550,000
Est. $2,927/month
2
Beds
2
Baths
1,947
Sq Ft
$282
Price/Sq Ft
0.21
Acres
1953
Year Built
Single Family Residence
Type
24
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73359859

About this home

504 Loring Ave delivers the space, flexibility, and location today’s buyers are looking for. With hardwood floors and warm natural light, the main living level offers two bedrooms, a full bath, a formal dining area, and a welcoming front living room. Downstairs, the partially finished lower level features a second kitchen, full bath, and multiple bonus rooms—perfect for extended living, in-law potential, or a private work-from-home suite. A walk-up attic provides future expansion or storage. Ample off-street parking completes the package. Set on a generous lot near Vinnin Square, this home is moments from shops, restaurants, and the Swampscott Commuter Rail. Property to be sold as-is. Whether you're a first-time buyer, investor, or planning your next chapter, this classic Salem home offers room to grow, reimagine, and make your own. Open House Thursday April 17 5:30 to 7pm. No Parking in driveway on Loring Ave

Sale Statistics

Sale Overview
Original List Price: $565,000
Final Sale Price: $550,000
Difference: $15,000 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
24
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $290
Sale $/sq ft: $282
This property sold for $282 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

With only 24 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
1953
Bedrooms
2
Full Bathrooms
2
Living Area
1,947 sq ft
Total Rooms
5

Interior Features

Flooring
Wood, Carpet
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Range, Dishwasher, Refrigerator
Interior Features
Sitting Room, Accessory Apt.
Laundry Features
In Basement
Basement Details
Partially Finished, Walk-Out Access, Interior Entry

Exterior & Structure

Architectural Style
Cape
Foundation
Block
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.21 acres
Lot Size
9,021 sq ft
Lot Size Area
0.2100
Lot Features
Sloped
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,552
Tax Year
2025
Tax Assessed Value
$577,800
Parcel Number
M:21 L:0021,2129838
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Property Sold As Is. The hot tub does not function and is sold with the property. Solar panel hot water heater. Due to peeling paint, the property may not qualify for FHA or VA loans.

Location

Loading map...

Neighborhood

South Salem

504 Loring Ave, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $546
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.7%
Price Range
25
Total Days on Market

Property Timeline

Sold
Jun 17, 2025
$550,000
Property sold
Days on Market: 25
🏠
Listed for Sale
Apr 15, 2025
$565,000
Original listing
Agent: Tyson Lynch Office: The Proper Nest Real Estate

Price & Status History

Date Event Price Change
Apr 15, 2025 New Listing Added $565,000

Market Statistics

Days on Market
24 days
Price per Sq Ft
$282

Tax History

Year Taxes Assessment
2025 $6,552 $577,800

Financial Details

Annual Property Tax
$6,552
Tax Year 2025
Assessed Value
$577,800

Listing Information

Listing Agent Tyson Lynch
Listing Office The Proper Nest Real Estate
Agent MLS ID CT005972
Office MLS ID AN7859

Similar Homes

504 Loring Ave, Salem MA 01970 - Photo 1 504 Loring Ave, Salem MA 01970 - Photo 2 504 Loring Ave, Salem MA 01970 - Photo 3 504 Loring Ave, Salem MA 01970 - Photo 4 504 Loring Ave, Salem MA 01970 - Photo 5 504 Loring Ave, Salem MA 01970 - Photo 6 504 Loring Ave, Salem MA 01970 - Photo 7 504 Loring Ave, Salem MA 01970 - Photo 8 504 Loring Ave, Salem MA 01970 - Photo 9 504 Loring Ave, Salem MA 01970 - Photo 10 504 Loring Ave, Salem MA 01970 - Photo 11 504 Loring Ave, Salem MA 01970 - Photo 12 504 Loring Ave, Salem MA 01970 - Photo 13 504 Loring Ave, Salem MA 01970 - Photo 14 504 Loring Ave, Salem MA 01970 - Photo 15 504 Loring Ave, Salem MA 01970 - Photo 16 504 Loring Ave, Salem MA 01970 - Photo 17 504 Loring Ave, Salem MA 01970 - Photo 18 504 Loring Ave, Salem MA 01970 - Photo 19 504 Loring Ave, Salem MA 01970 - Photo 20 504 Loring Ave, Salem MA 01970 - Photo 21 504 Loring Ave, Salem MA 01970 - Photo 22 504 Loring Ave, Salem MA 01970 - Photo 23 504 Loring Ave, Salem MA 01970 - Photo 24 504 Loring Ave, Salem MA 01970 - Photo 25 504 Loring Ave, Salem MA 01970 - Photo 26 504 Loring Ave, Salem MA 01970 - Photo 27 504 Loring Ave, Salem MA 01970 - Photo 28 504 Loring Ave, Salem MA 01970 - Photo 29 504 Loring Ave, Salem MA 01970 - Photo 30 504 Loring Ave, Salem MA 01970 - Photo 31 504 Loring Ave, Salem MA 01970 - Photo 32 504 Loring Ave, Salem MA 01970 - Photo 33 504 Loring Ave, Salem MA 01970 - Photo 34 504 Loring Ave, Salem MA 01970 - Photo 35 504 Loring Ave, Salem MA 01970 - Photo 36 504 Loring Ave, Salem MA 01970 - Photo 37 504 Loring Ave, Salem MA 01970 - Photo 38 504 Loring Ave, Salem MA 01970 - Photo 39 504 Loring Ave, Salem MA 01970 - Photo 40 504 Loring Ave, Salem MA 01970 - Photo 41 504 Loring Ave, Salem MA 01970 - Photo 42

Contact Agent

Schedule a Tour