20 Central St # 405, Salem MA 01970

Salem, MA 01970 • Downtown

$569,900

Beds

Baths

1,387

Sq Ft

$411

Price/Sq Ft

1980

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Jun 9, 2025 • MLS# 73387704 Copied! • Updated Oct 10, 2025

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Sale Statistics

Sale Overview

Original List Price: $589,900

                            Final Sale Price:
                            $569,900
                        

Difference: $20,000 (-3.4%)

Performance Metrics

96.6%

List to Sale Ratio

Sold below asking price

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $425

                            Sale $/sq ft:
                            $411
                        

This property sold for $411 per square foot

Sale Summary

This property sold for 3.4% below the original asking price.

The property spent 86 days on market before selling.

Nearby Sales Comparison

Based on 44 similar properties sold within 0.5 miles in the last 90 days

This Property

$411/sq ft

Area Median

$468/sq ft

Difference

12.1%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Welcome to this updated PH unit in the desirable Central Plaza complex located in the heart of downtown Salem. Unit is in close proximity to public trans., MBTA, shops, restaurants, Salem waterfront, inc. the ferry to Boston & all downtown Salem has to offer. Unit features 2 BR with ceiling fans, 2 fully renovated baths w/an open concept kitchen/LR & DR area. Kitchen has a large walk in pantry, granite counter tops and SS appliances. The LR/DR has hardwood floors, wood FP and sliders that open to a balcony. The main BR has a main bath, a lg walk in closet and slider which opens to a 2nd balcony. A lg portion of the unit as well as the 2 balconies were recently painted. The unit also features a newer water heater, newer windows, combination washer/dryer and in unit storage. There is also a storage unit, #31, in the basement and 1 assigned garage parking space #26 easily accessible by elevator. Don't miss this opportunity to enjoy what downtown Salem has to offer!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

Total Days on Market

Property Timeline

✓

Sold

Oct 10, 2025

$569,900

Property sold

Days on Market: 87

🏠

Listed for Sale

Jun 9, 2025

$569,900

Original listing

Agent: Catherine Ratcliffe Office: Homesmart Success Realty

Date	Event	Price	Change	$/sqft	Details
10/10/2025	✓ Sold	$569,900	-	-	Property sold
06/09/2025	🏠 Listed for Sale	$569,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$5,765	$508,400

Financial Details

Annual Property Tax

$5,765

Tax Year 2025

HOA Fee

$530

Monthly

Assessed Value

$508,400

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Condominium

Year Built 1980

Living Area 1,387 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 5

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Tile, Marble, Hardwood

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/dryer

Fireplace Living Room

Fireplaces 1

Basement N

Laundry First Floor, In Building, In Unit, Electric Dryer Hookup, Washer Hookup

Features None

Exterior

Construction Frame

Architecture None

Roof Rubber

Features Balcony

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Garage Spaces 1

Has Garage Yes

Features Under, Assigned, Off Street

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,765

Assessed Value $508,400

HOA & Community

HOA Fee $530 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Amenities Laundry, Elevator(s), Storage

Optional Fee Includes None

MA Disclosures

Seller Disclosures Room Measurements Are Approx. Buyer And Buyers Agent Must Verify All Information And Perform Their Own Due Diligence. Seller Reserves The Right To Accept An Offer At Any Time. Parking Is Limited At The Property. Use The Nearby Public Lot Or Meter Parking At Klop Alley.

Exclusions See Paperclip

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 405

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)

County Essex

Total market time (incl. prior listings) 87 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1980

Bedrooms

Full Bathrooms

Living Area

1,387 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Marble, Hardwood

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer

Interior Features:

Windows: Insulated Windows

Basement: N

Laundry: First Floor, In Building, In Unit, Electric Dryer Hookup, Washer Hookup

Security: Intercom

Construction & Materials

Year Built: 1980

Structure Type: Garden

Exterior Materials: Frame

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump

Cooling: Heat Pump

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Balcony

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Garage Type: Attached

Total Parking Spaces: 1

Parking Features: Under, Assigned, Off Street

Special Features

Fireplaces: 1

Fireplace Type: Living Room

Community Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Downtown

20 Central St # 405, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office Homesmart Success Realty

Office Phone 603-932-9300

Agent MLS ID CN225924

Office MLS ID AN6978

Listing Data Updated Oct 10, 2025 3:45 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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