36-38 Fairmount Street # 2, Salem MA 01970

Salem, MA 01970
$525,000
Est. $2,794/month
2
Beds
1.5
Baths
906
Sq Ft
$579
Price/Sq Ft
1900
Year Built
Condominium
Type
16
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73400789

About this home

Welcome to your dream condo located on a quiet, side street in North Salem. Beautifully renovated to the studs in 2021, this 2 bedroom, 1.5 bathroom 906 sq ft home offers the perfect blend of modern amenities & classic charm. As you enter, you are greeted by sky high ceilings, gorgeous hardwood floors, beautiful moldings, oversized windows & a cozy gas fireplace. This open concept space opens to a dining area with bay windows & a stunning stainless steel kitchen with peninsula - perfect for gathering around. The well equipped kitchen features quartz countertops, a subway tile backsplash, plenty of cabinets and premium stainless steel appliances. Each bedroom offers ample closet space and tub/shower combo is a nice feature of the full bathroom. Other amenities include central AC, assigned parking for one car, locked/private/deeded basement storage, in unit laundry and common outdoor space. Located close to Kernwood Golf Course, shopping, highways, restaurants and public transportation!

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $525,000
Difference: +$26,000 (+5.2%)
Performance Metrics
105.2%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $551
Sale $/sq ft: $579
This property sold for $579 per square foot
Sale Summary

This property sold for 5.2% above the original asking price, indicating strong buyer demand.

With only 16 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
906 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Interior Features

Flooring
Vinyl, Laminate
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Second Floor, In Unit, Electric Dryer Hookup
Basement Details
Y
Window Features
Screens
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch, Screens, Rain Gutters
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

HOA Fee
$192
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,391
Tax Year
2025
Tax Assessed Value
$475,400
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Fairmount Condominiums
Common Walls
2+ Common Walls
Attached Property
Yes
Disclosures
Assigned parking is #2.

Location

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Neighborhood

36-38 Fairmount Street # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Public/Private
Rating information coming soon
Middle School
Public/Private
Rating information coming soon
High School
Public/Private
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $449
Homeowners Insurance $200
HOA Fee $192
PMI $0

Property History

Market Insights

5%
Price Range
17
Total Days on Market

Property Timeline

Sold
Aug 22, 2025
$525,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Jul 8, 2025
$499,000
Original listing
Agent: Willis + Tierney Office: Compass

Price & Status History

Date Event Price Change
Jul 8, 2025 New Listing Added $499,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$579

Tax History

Year Taxes Assessment
2025 $5,391 $475,400

Financial Details

Annual Property Tax
$5,391
Tax Year 2025
HOA Fee
$192
Monthly
Assessed Value
$475,400

Listing Information

Listing Agent Willis + Tierney
Listing Office Compass
Agent MLS ID TM352050
Office MLS ID AN6818

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