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28 Fairmount St. # 2, Salem MA 01970

Salem, MA 01970
$785,000
4
Beds
3
Baths
2,325
Sq Ft
$338
Price/Sq Ft
0.14
Acres
1900
Year Built
2
Parking
2
Days on Market
Closed Listed May 21, 2025 • MLS# 73378557 Copied! • Updated Jul 21, 2025

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 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$338/sq ft
Area Average
$249/sq ft
Difference
+35.8%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

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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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

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
Features Off Street
Total Spaces 2
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
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
Seller Disclosures Hoa Still Needs To Be Established. Hoa Fees Are Just An Estimate. Taxes Are Also Estimates.
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
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,325 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Yes

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
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
E

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
M

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
H

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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