281 Essex Street # 201, Salem MA 01970

Salem, MA 01970 • Downtown

$550,000

Beds

Baths

1,241

Sq Ft

$443

Price/Sq Ft

1900

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Aug 21, 2025 • MLS# 73420914 Copied! • Updated Dec 8, 2025

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Sale Statistics

Sale Overview

Original List Price: $579,900

                            Final Sale Price:
                            $550,000
                        

Difference: $29,900 (-5.2%)

Performance Metrics

94.8%

List to Sale Ratio

Sold below asking price

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $467

                            Sale $/sq ft:
                            $443
                        

This property sold for $443 per square foot

Sale Summary

This property sold for 5.2% below the original asking price.

The property spent 73 days on market before selling.

Nearby Sales Comparison

Based on 40 similar properties sold within 0.5 miles in the last 90 days

This Property

$443/sq ft

Area Median

$435/sq ft

Difference

+1.9%

This property sold slightly above the area median for similar homes.

About this home

Price improvement !Experience the ULTIMATE in downtown Salem living with this stunning 2 bed, 2 bath LOFT at Latitude Condos. Soaring 12+ ft ceilings, exposed brick, original maple floors, and expansive windows fill the space with character and natural light. The open layout includes a gourmet kitchen with stainless steel appliances, GAS range, and island, plus in-unit laundry and central air for comfort year-round. The primary suite offers a private bath and generous closet space, while the second bedroom provides flexibility for guests, a home office, or creative studio. Enjoy elevator access, basement storage, and a parking pass for the Museum Place/Peabody Essex garage—all included in the affordable condo fee. This pet-friendly building is just steps to Salem’s vibrant downtown, Salem Common, Pickering Wharf, shops, restaurants, and only 2 blocks from the commuter rail with easy access to Boston by train or ferry.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

✓

Sold

Dec 5, 2025

Property sold

🏠

Listed for Sale

Aug 21, 2025

$569,000

Original listing

Office: Atlantic Coast Homes,Inc

Date	Event	Price	Change	$/sqft	Details
12/05/2025	✓ Sold	-	-	-	Property sold
08/21/2025	🏠 Listed for Sale	$569,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$5,792	$498,000

Financial Details

Annual Property Tax

$5,792

Tax Year 2025

HOA Fee

$468

Monthly

Assessed Value

$498,000

Facts & Features

1 Car Garage

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 1,241 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 5

Interior

Heating Forced Air, Electric

Cooling Central Air

Flooring Wood

Appliances Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Fireplace None

Basement Y

Laundry Second Floor, In Unit

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Garage Spaces 1

Has Garage Yes

Features Detached

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $5,792

Assessed Value $498,000

HOA & Community

HOA Fee $468 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Grounds

Amenities None

Optional Fee Includes None

Owner-Occupied Units 19

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["High-Rise"]

Unit/Building 201

Sq Ft Source Public Record

Documents Rules & Regs, Association Financial Statements (2)

County Essex

Total market time (incl. prior listings) 52 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

1,241 sq ft

Total Rooms

Stories

Entry Level

Main Level Bedrooms

Floor Layout

Interior Features

Flooring: Wood

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

Interior Features:

Windows:

Basement: Y

Laundry: Second Floor, In Unit

Security: Intercom

Construction & Materials

Year Built: 1900

Structure Type: High-Rise

Exterior Materials:

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Electric

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

Garage Spaces: 1

Total Parking Spaces: 1

Parking Features: Detached

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Downtown

281 Essex Street # 201, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Jennifer Crowe

Listing Office Atlantic Coast Homes,Inc

Office Phone 978-777-4444

Agent MLS ID C8000685

Office MLS ID AC1991

Listing Data Updated Dec 8, 2025 7:43 AM EST

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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