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28 Fairmount St. # 2, Salem MA 01970

Salem, MA 01970
$785,000
Est. $4,178/month
4
Beds
3
Baths
2,325
Sq Ft
$338
Price/Sq Ft
0.14
Acres
1900
Year Built
Condominium
Type
2
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73378557

About this home

Stunning Gut-Renovated Luxury Penthouse. Experience elevated living in this brand-new, gut-renovated luxury penthouse located in a great North Salem neighborhood. Boasting 4 spacious bedrooms and 3 full bathrooms, this modern masterpiece combines high-end finishes with thoughtful design in every detail. Step into the expansive open-concept living space, where natural light pours in through oversized windows, highlighting wide-plank hardwood floors and sleek contemporary lines. The kitchen features all new SS appliances, beautiful cabinets, quartz counter tops, large island, tile backsplash, and gold hardware and finishes. From the cutting-edge systems to the curated lighting and modern conveniences, no expense has been spared in this full-scale renovation. Enjoy the best of North Shore living with easy access to downtown Salem, commuter rail, and nearby shops, restaurants, and waterfront attractions. Showings start now!

Sale Statistics

Sale Overview
Original List Price: $784,999
Final Sale Price: $785,000
Difference: +$1 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $338
Sale $/sq ft: $338
This property sold for $338 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

With only 2 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,325 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Interior Features

Flooring
Hardwood
Heating
Central, Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,000 sq ft
Lot Size Area
0.1400

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf
HOA Fee
$200
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,500
Tax Year
2025
Tax Assessed Value
$600,000
Parcel Number
2133141
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
28 Fairmount St. Association
Common Walls
No One Above
Disclosures
HOA still needs to be established. HOA fees are just an estimate. Taxes are also estimates.
Listing Terms
Seller W/Participate

Location

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Neighborhood

28 Fairmount St. # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Bates
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $208
Homeowners Insurance $200
HOA Fee $200
PMI $0

Property History

Market Insights

0%
Price Range
15
Total Days on Market

Property Timeline

✓
Sold
Jul 21, 2025
$785,000
Property sold
Days on Market: 15
🏠
Listed for Sale
May 21, 2025
$784,999
Original listing
Agent: Jeffrey Wallace Office: Compass

Price & Status History

Date Event Price Change
May 21, 2025 New Listing Added $784,999 —

Market Statistics

Days on Market
2 days
Price per Sq Ft
$338

Tax History

Year Taxes Assessment
2025 $2,500 $600,000

Financial Details

Annual Property Tax
$2,500
Tax Year 2025
HOA Fee
$200
Monthly
Assessed Value
$600,000

Listing Information

Listing Agent Jeffrey Wallace
Listing Office Compass
Agent MLS ID CN229573
Office MLS ID AN6818

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