FeaturesBathroom - Full
LevelSecond
48 Essex Street # 6, Salem MA 01970
Salem, MA 01970
$430,000
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Sale Statistics
Sale Overview
Original List Price:
$425,000
Final Sale Price:
$430,000
Difference:
+$5,000 (+1.2%)
Performance Metrics
101.2%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$483
Sale $/sq ft:
$489
This property sold for $489 per square foot
Sale Summary
This property sold for 1.2% above the original asking price, indicating strong buyer demand.
With only 18 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 26 similar properties sold within 0.5 miles in the last 90 days
This Property
$489/sq ft
Area Median
$483/sq ft
Difference
+1.2%
This property sold slightly above the area median for similar homes.
About this home
Charming 2-bedroom condo just down the street from Salem Common, The Daniels House, and a block from Historic Derby Street and the Pickering Wharf waterfront. Details such as over 8-foot ceilings, tall windows, pretty hardwood floors, and one off-street parking space make 48 Essex a lovely place to live! Enter into a large, divided front parlor that can be used as living room and dining room and/or home office. The eat-in kitchen features plentiful custom maple cabinets, granite counters, and exposed brick for added character. Both bedrooms are generously sized with ample closet space, and the full bathroom offers classic comfort with tasteful finishes. Enjoy added conveniences like laundry and private storage in the basement, plus a shared common deck on the floor—perfect for relaxing outdoors. A perfect blend of historic charm and modern comfort in one of Salem’s most desirable neighborhoods!
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
46.3%
Price Range
20
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Jul 29, 2025
$430,000
Property sold
Days on Market: 20
Listed for Sale
Jun 11, 2025
$425,000
Original listing
Agent: Merry Fox Team
Office: MerryFox Realty
Previous Transaction - MLS #72210097
Full transaction history available when tracking began
Previously Sold
Oct 2, 2017
$231,000
MLS #72210097
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2025 | ✓ Sold | $430,000 | - | - | Property sold |
| 06/11/2025 | 🏠 Listed for Sale | $425,000 | - | - | Original listing |
| 10/02/2017 | 🏷️ Previously Sold | $231,000 | - | - | MLS #72210097 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,172 | $367,900 |
Financial Details
Annual Property Tax
$4,172
Tax Year 2025
HOA Fee
$400
Monthly
Assessed Value
$367,900
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1900
Living Area
880 sq ft
Bedrooms
2
Full Baths
1
Total Rooms
5
Interior
Heating
Baseboard
Cooling
None
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Disposal, Refrigerator
Fireplace
None
Basement
Y
Laundry
In Basement, In Building
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,172
Assessed Value
$367,900
HOA & Community
HOA Fee
$400 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
8
MA Disclosures
Seller Disclosures
New Roof 2024. Building Exterior Brick Is Being Repointed (paid By Seller). Exterior Common Area Is Deck On Floor. Laundry Is In Basement. Pets Upon Approval
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
6
Sq Ft Source
Public Record
Documents
Master Deed, Rules & Regs, Floor Plans (3)
County
Essex
Total market time (incl. prior listings)
20 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
880 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
880 sq ft above grade
LevelSecond
LevelSecond
LevelSecond
LevelSecond
LevelSecond
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:
Wood, Tile
Appliances:
Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows:
Basement:
Y
Laundry:
In Basement, In Building
Security:
Intercom
Construction & Materials
Year Built:
1900
Effective Year (Renovated):
1983
Structure Type:
Garden
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard
Heating Zones:
1
Cooling:
None
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
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
C+
Bentley Academy Innovation School
0.5 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.5 mi
106 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.6 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
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
B+
Village School
1.7 mi
|
#253 of 824
|
Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students
Moderate
Grades 04-06
B+
Marblehead Community Charter Public School
2.0 mi
|
#115 of 352
|
Score: 48.0
Improved 94 spots from last year
-10.2 below state avg
192 students
Moderate
Rising School
Strong Attendance
Grades 04-08
High Schools
3 schools
B+
Salem Academy Charter School
0.5 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
Bishop Fenwick High School
1.8 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Location
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Neighborhood
48 Essex Street # 6, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Merry Fox Team
Listing Office
MerryFox Realty
Office Phone
978-808-8064
Agent MLS ID
TEAM0226
Office MLS ID
C95279
Listing Data Updated
Jul 29, 2025 2:31 PM 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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