28 Fairmount St. # 2, Salem MA 01970
Salem, MA 01970
$785,000
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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.
Nearby Sales Comparison
Based on 4 similar properties sold within 0.5 miles in the last 90 days
This Property
$338/sq ft
Area Median
$423/sq ft
Difference
20.0%
This property sold below the area median, potentially representing good value for the buyer.
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!
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Public Records & Permits
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Recently Sold Nearby
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/21/2025 | ✓ Sold | $785,000 | - | - | Property sold |
| 05/21/2025 | 🏠 Listed for Sale | $784,999 | - | - | Original listing |
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
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1900
Living Area
2,325 sq ft
Lot Size
0.14 acres
Bedrooms
4
Full Baths
3
Total Rooms
5
Interior
Heating
Central, Forced Air
Cooling
Central Air
Flooring
Hardwood
Appliances
Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range
Fireplace
None
Fireplaces
1
Basement
Y
Laundry
Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
2
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$2,500
Assessed Value
$600,000
HOA & Community
HOA Fee
$200 Monthly
Fee Includes
Water, Insurance, Maintenance Grounds, Snow Removal
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
2
MA Disclosures
Seller Disclosures
Hoa Still Needs To Be Established. Hoa Fees Are Just An Estimate. Taxes Are Also Estimates.
Additional Details
Possession
None
Accepted Financing
Seller W/participate
Structure Type
["2\/3 Family"]
Unit/Building
2
Sq Ft Source
Measured
Sq Ft Disclosures
2 floors
Documents
None
County
Essex
Total market time (incl. prior listings)
15 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,325 sq ft
Total Rooms
5
Stories
2
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,325 sq ft above grade
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
Interior Features:
Windows:
Insulated Windows
Basement:
Y
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
2/3 Family
Exterior Materials:
Roof:
Foundation:
Stories:
2
Heating, Cooling & Utilities
Heating:
Central, Forced Air
Heating Zones:
2
Cooling:
Central Air
Cooling Zones:
2
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Public Transportation, Shopping, Park, Golf
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
3 schools
B+
Bates School
0.2 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C
Thomas Carroll School
0.6 mi
|
#611 of 824
|
Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
The Phoenix School
0.8 mi
Grades PK-08
Middle Schools
3 schools
C+
Collins Middle School
1.2 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
J. Henry Higgins Middle School
1.8 mi
|
#240 of 352
|
Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students
Diverse
Grades 06-08
B+
Beverly Middle School
2.5 mi
|
#140 of 352
|
Score: 45.2
Improved 24 spots from last year
-13.1 below state avg
1,388 students
Moderate
Rising School
Grades 05-08
High Schools
3 schools
Bishop Fenwick High School
0.6 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
B+
Salem Academy Charter School
1.5 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
1.8 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Location
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Neighborhood
28 Fairmount St. # 2, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Jeffrey Wallace
Listing Office
Compass
Office Phone
781-534-9229
Agent MLS ID
CN229573
Office MLS ID
AN6818
Listing Data Updated
Jul 21, 2025 9:41 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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