24 Cabot St # 1, Salem MA 01970

Salem, MA 01970
$364,000
Est. $1,937/month
2
Beds
1
Baths
823
Sq Ft
$442
Price/Sq Ft
0.11
Acres
1870
Year Built
Condominium
Type
66
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73372519

About this home

Welcome to 24 Cabot Street #1 — a beautifully maintained and thoughtfully updated first-floor condo just moments from vibrant downtown Salem and the MBTA Commuter Rail. This spacious 2-bedroom, 1-bath home perfectly blends historic charm with modern conveniences. Soaring ceilings, rich hardwood floors, and original architectural details offer warmth and character in every room, while the updated kitchen features granite countertops, stainless steel appliances, and maple cabinetry. Enjoy the convenience of in-unit laundry and generous natural light throughout. This home includes one of the rarest finds in Salem: a private 2 car detached garage deeded exclusively to this unit, along with an additional deeded driveway space. The full unfinished basement offers additional storage. Located near Salem State University, restaurants, boutiques, museums, coffee shops, the waterfront and much more.

Sale Statistics

Sale Overview
Original List Price: $429,000
Final Sale Price: $364,000
Difference: $65,000 (-15.2%)
Performance Metrics
84.8%
List to Sale Ratio
Sold below asking price
66
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $521
Sale $/sq ft: $442
This property sold for $442 per square foot
Sale Summary

This property sold for 15.2% below the original asking price.

The property spent 66 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1870
Bedrooms
2
Full Bathrooms
1
Living Area
823 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Tile, Hardwood
Heating
Hot Water, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features
Entrance Foyer
Laundry Features
First Floor, In Unit
Basement Details
Y
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Architectural Style
Other (See Remarks)
Roof
Slate
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,940 sq ft
Lot Size Area
0.1100

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Garage Door Opener, Deeded, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Public School, T-Station, University
HOA Fee
$450
HOA Fee Frequency
Monthly
Association Amenities
Hot Water
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,933
Tax Year
2025
Tax Assessed Value
$346,800
Parcel Number
M:33 L:0196 S:801,4840409
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

24 Cabot St # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

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

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $328
Homeowners Insurance $200
HOA Fee $450
PMI $0

Property History

Market Insights

6.4%
Price Range
75
Total Days on Market

Property Timeline

Sold
Aug 11, 2025
$364,000
Property sold
Days on Market: 75
🏠
Listed for Sale
May 9, 2025
$389,000
Original listing
Office: Centre Realty Group

Price & Status History

Date Event Price Change
May 9, 2025 New Listing Added $389,000

Market Statistics

Days on Market
66 days
Price per Sq Ft
$442

Tax History

Year Taxes Assessment
2025 $3,933 $346,800

Financial Details

Annual Property Tax
$3,933
Tax Year 2025
HOA Fee
$450
Monthly
Assessed Value
$346,800

Listing Information

Listing Agent Emily Schwartz
Listing Office Centre Realty Group
Agent MLS ID CN221173
Office MLS ID BB5200

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