28 Fairmount St. # 1, Salem MA 01970

Salem, MA 01970
$626,000
Est. $3,332/month
2
Beds
1.5
Baths
1,150
Sq Ft
$544
Price/Sq Ft
0.14
Acres
1900
Year Built
Condominium
Type
19
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73378562

About this home

Modern 2 Bed, 1.5 Bath Condo – North Salem, MA. Fully gut-renovated and designed for easy, stylish living, this modern 2-bedroom, 1.5-bath condo offers the perfect blend of comfort and function. Enjoy open-concept living at its finest in a sun-drenched space featuring a cozy living area with a sleek electric fireplace—ideal for relaxing or entertaining. The spacious dining area is perfect for hosting, while the brand-new kitchen boasts stainless steel appliances, elegant gold finishes, quartz countertops, a tiled backsplash, a gas range, and an ample-sized island that anchors the space beautifully. There is also a large finished area in the basement that is exclusive to the unit. Located just a short stroll from the Danvers River and Kernwood Country Club, this home also sits near the highly rated Bates Elementary School. With easy access to Rt. 128, commuting and getting around the North Shore is a breeze. Showings start now—don’t miss your chance to own this stunning North Salem gem!

Sale Statistics

Sale Overview
Original List Price: $624,999
Final Sale Price: $626,000
Difference: +$1,001 (+0.2%)
Performance Metrics
100.2%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $543
Sale $/sq ft: $544
This property sold for $544 per square foot
Sale Summary

This property sold for 0.2% above the original asking price, indicating strong buyer demand.

With only 19 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
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,150 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Interior Features

Flooring
Hardwood
Heating
Central
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
Laundry Features
Gas Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
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
1
Parking Features
Off Street

Utilities & Systems

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

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf
HOA Fee
$150
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,500
Tax Year
2025
Tax Assessed Value
$6,000
Parcel Number
2133141
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
28 Fairmount St. Condo Association
Attached Property
Yes
Disclosures
HOA hasn't been established yet. HOA fees are just an estimate. Taxes are also an estimate.
Listing Terms
Seller W/Participate

Location

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Neighborhood

28 Fairmount St. # 1, 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 $150
PMI $0

Property History

Market Insights

0.2%
Price Range
21
Total Days on Market

Property Timeline

Sold
Jun 26, 2025
$626,000
Property sold
Days on Market: 21
🏠
Listed for Sale
May 21, 2025
$624,999
Original listing
Agent: Jeffrey Wallace Office: Compass

Price & Status History

Date Event Price Change
May 21, 2025 New Listing Added $624,999

Market Statistics

Days on Market
19 days
Price per Sq Ft
$544

Tax History

Year Taxes Assessment
2025 $2,500 $6,000

Financial Details

Annual Property Tax
$2,500
Tax Year 2025
HOA Fee
$150
Monthly
Assessed Value
$6,000

Listing Information

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

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