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281 Essex Street # 201, Salem MA 01970

Salem, MA 01970 • Downtown
$550,000
2
Beds
2
Baths
1,241
Sq Ft
$443
Price/Sq Ft
1900
Year Built
1
Garage Space
73
Days on Market
Closed Listed Aug 21, 2025 • MLS# 73420914 Copied! • Updated Dec 8, 2025

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
73
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 17 similar properties sold within 0.5 miles in the last 90 days

This Property
$443/sq ft
Area Average
$264/sq ft
Difference
+68.1%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

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.

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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

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
Garage Spaces 1
Has Garage Yes
Features Detached
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
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
Seller Disclosures None
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
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,241 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Main Level Bedrooms
1

Room Details

Second Floor

Bathroom2
8 x 6
Bathroom - Full, Bathroom - With Tub & Shower, Cathedral Ceiling(s), Flooring - Wood
Bedroom2
13 x 12
Cathedral Ceiling(s), Flooring - Wood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

Main,Second Floor

Bathroom1
10 x 6
Bathroom - Full, Bathroom - With Tub & Shower, Cathedral Ceiling(s), Flooring - Wood
Dining Room
18 x 12
Cathedral Ceiling(s), Closet, Flooring - Wood, High Speed Internet Hookup, Open Floorplan
Kitchen
18 x 9
Bathroom - Full, Cathedral Ceiling(s), Flooring - Wood, Window(s) - Picture, Dining Area, Countertops - Upgraded, Cabinets - Upgraded, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Stainless Steel Appliances
Living Room
23 x 15
Cathedral Ceiling(s), Flooring - Wood, Window(s) - Picture, High Speed Internet Hookup, Open Floorplan
Master Bedroom
20 x 10
Bathroom - Full, Cathedral Ceiling(s), Flooring - Hardwood

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
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
E

Elementary Schools

3 schools
B-
Saltonstall School
0.6 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
The Phoenix School
0.6 mi
Grades PK-08
B-
Carlton School
0.8 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
M

Middle Schools

3 schools
C+
Collins Middle School
0.6 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
2.0 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
C+
J. Henry Higgins Middle School
2.2 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.7 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
1.3 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
1.5 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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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.

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