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28 Fairmount St. # 1, Salem MA 01970

Salem, MA 01970
$626,000
2
Beds
1.5
Baths
1,150
Sq Ft
$544
Price/Sq Ft
0.14
Acres
1900
Year Built
1
Parking
19
Days on Market
Closed Listed May 21, 2025 • MLS# 73378562 Copied! • Updated Jul 9, 2025

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.

Nearby Sales Comparison

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

This Property
$544/sq ft
Area Average
$249/sq ft
Difference
+118.5%

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

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!

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Recently Sold Nearby

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

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,150 sq ft
Lot Size 0.14 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Central
Cooling Central Air
Flooring Hardwood
Appliances Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range
Fireplace None
Fireplaces 1
Basement Y
Laundry Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 1
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup
Annual Tax $2,500
Assessed Value $6,000

HOA & Community

HOA Fee $150 Monthly
Fee Includes Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Seller Disclosures Hoa Hasnt Been Established Yet. Hoa Fees Are Just An Estimate. Taxes Are Also An Estimate.
Possession None
Accepted Financing Seller W/participate
Structure Type ["Attached"]
Unit/Building 1
Sq Ft Source Measured
Sq Ft Disclosures 370 sq ft in the finished basement not included in living area sq footage
Documents None
County Essex
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
No

Interior Features

Flooring: Hardwood
Appliances: 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: Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2025
Structure Type: Attached
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
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: 1
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf

Nearby Schools

School information not available for this location.

Location

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Neighborhood

28 Fairmount St. # 1, 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 9, 2025 11:23 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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