48 Northey Street # 48, Salem MA 01970

Salem, MA 01970 • Downtown
$695,500
4
Beds
2
Baths
2,195
Sq Ft
$317
Price/Sq Ft
0.14
Acres
1890
Year Built
2
Parking
21
Days on Market
Sold Listed May 19, 2025 • MLS# 73377387 Copied! • Updated Jul 29, 2025

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Sale Statistics

Sale Overview
Original List Price: $695,500
Final Sale Price: $695,500
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $317
Sale $/sq ft: $317
This property sold for $317 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 33 similar properties sold within 0.5 miles in the last 90 days

This Property
$317/sq ft
Area Median
$490/sq ft
Difference
35.4%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Located half a mile or less to ALL the Salem things: the train, the Common, Collins Cove, the PEM, + your new favorite haunt, Coffee Time Bake Shop. Don’t tempt me with a whipped cream Bismarck—I’m only human. You’re also moments from Bernadette, Settler, Odd Meter, and Turner’s. Yes, some of the best food + drink in the state are your neighbors. Inside, this upper-level townhouse spans nearly 2,200 square feet with 4 beds, an office, 2 full baths, and serious charm. Wide pine floors, connected and comfortable living space, a cute/clean/functional kitchen, and water views! With a park across the street, light pours in unobstructed. Storage? More in-unit than many single-family homes, plus even MORE in the basement. If you’ve been looking at Salem single-family homes this past year, with four bedrooms and this size: you get it. They don’t come around often, and when they do, they trade north of $800K. This might be your entry into the market. Come see all 48 Northey offers!

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Recently Sold Nearby

Property History

Market Insights

22
Total Days on Market

Property Timeline

Sold
Jul 21, 2025
$695,500
Property sold
Days on Market: 22
🏠
Listed for Sale
May 19, 2025
$695,500
Original listing
Agent: TEAM BRUSIL Office: Keller Williams Realty Boston-Metro | Back Bay

Tax History

Year Taxes Assessment
2025 $6,314 $556,800

Financial Details

Annual Property Tax
$6,314
Tax Year 2025
HOA Fee
$424
Monthly
Assessed Value
$556,800

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1890
Living Area 2,195 sq ft
Lot Size 0.14 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Carpet, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Other
Fireplace None
Basement Y
Laundry In Basement, Electric Dryer Hookup
Features Lighting - Overhead, Home Office

Exterior

Construction None
Architecture None
Roof Shingle, Rubber
Features Storage, Garden
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Tandem, Assigned
Total Spaces 2
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer
Annual Tax $6,314
Assessed Value $556,800

HOA & Community

HOA Fee $424 Monthly
Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal
Amenities Storage
Optional Fee Includes None
Owner-Occupied Units 4
Seller Disclosures Dishwasher Is Not Working. Seller Is Taking The Blue Wood Spice Rack In Kitchen. Unit Has Shared Storage In The Outdoor Shed. Brand New Roof And Trim On Shed Within The Last Year. 6 Front Facing Windows Were Replaced In 2023. Condo Fee Reflects Proposed Increase For June 1st. See Attachments.
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 48
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 22 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1890
Bedrooms
4
Full Bathrooms
2
Living Area
2,195 sq ft
Total Rooms
8
Stories
2
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Other
Interior Features: Lighting - Overhead, Home Office
Windows:
Basement: Y
Laundry: In Basement, Electric Dryer Hookup
Security: Other

Construction & Materials

Year Built: 1890
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Storage, Garden
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem, Assigned

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Downtown

48 Northey Street # 48, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent TEAM BRUSIL
Listing Office Keller Williams Realty Boston-Metro | Back Bay
Office Phone 617-542-0012
Agent MLS ID TM356387
Office MLS ID BB5522
Listing Data Updated Jul 29, 2025 5:55 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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