12 May St # B, Salem MA 01970

Salem, MA 01970
$402,000
Est. $2,140/month
2
Beds
1
Baths
867
Sq Ft
$464
Price/Sq Ft
1920
Year Built
Condominium
Type
5
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73402280

About this home

Step into elevated living in this beautifully updated 2-bedroom, 1-bath Salem condo. Designed for those who appreciate refined aesthetics and modern convenience, this residence offers an exceptional blend of style, comfort, and functionality. At the heart of the home is a show-stopping luxury chef’s kitchen—an entertainer’s dream. Thoughtfully curated with a wall of floor-to-ceiling pantry cabinets, the space offers unmatched storage while maintaining a sleek, contemporary feel. The oversized island, crowned by a stunning curved trough sink, provides a dramatic focal point & doubles as the perfect setting for intimate dinners or lively gatherings. Sun-drenched & sophisticated, the open-concept layout flows seamlessly into the living and dining spaces. Designer finishes & modern mini-splits ensure year-round comfort. Additional highlights include two dedicated off-street parking spaces, a rarity in Salem, and a location that offers easy access to downtown, restaurants & the waterfront.

Sale Statistics

Sale Overview
Original List Price: $389,000
Final Sale Price: $402,000
Difference: +$13,000 (+3.3%)
Performance Metrics
103.3%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $449
Sale $/sq ft: $464
This property sold for $464 per square foot
Sale Summary

This property sold for 3.3% above the original asking price, indicating strong buyer demand.

With only 5 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
1920
Bedrooms
2
Full Bathrooms
1
Living Area
867 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Interior Features

Heating
Ductless
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Basement Details
Y

Exterior & Structure

Exterior Features
Porch
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Ocean
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Leased

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Park
HOA Fee
$200
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,927
Tax Year
2025
Tax Assessed Value
$346,300
Parcel Number
M:25 L:0041 S:804,2131351
Zoning
--

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

12 May St # B, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $327
Homeowners Insurance $200
HOA Fee $200
PMI $0

Property History

Market Insights

3.2%
Price Range
7
Total Days on Market

Property Timeline

Sold
Aug 14, 2025
$402,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Jul 10, 2025
$389,000
Original listing
Agent: Shannon McInnis Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Jul 10, 2025 New Listing Added $389,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$464

Tax History

Year Taxes Assessment
2025 $3,927 $346,300

Financial Details

Annual Property Tax
$3,927
Tax Year 2025
HOA Fee
$200
Monthly
Assessed Value
$346,300

Listing Information

Listing Agent Shannon McInnis
Listing Office Keller Williams Realty Evolution
Agent MLS ID CN254155
Office MLS ID C95098

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