1 Washington Street # 403, Salem MA 01970

Salem, MA 01970

$560,000

Beds

Baths

1,285

Sq Ft

$436

Price/Sq Ft

1980

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Sep 2, 2025 • MLS# 73424282 Copied! • Updated Oct 27, 2025

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Sale Statistics

Sale Overview

Original List Price: $569,900

                            Final Sale Price:
                            $560,000
                        

Difference: $9,900 (-1.7%)

Performance Metrics

98.3%

List to Sale Ratio

Sold below asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $444

                            Sale $/sq ft:
                            $436
                        

This property sold for $436 per square foot

Sale Summary

This property sold for 1.7% below the original asking price.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 41 similar properties sold within 0.5 miles in the last 90 days

This Property

$436/sq ft

Area Median

$467/sq ft

Difference

6.6%

This property sold near the area median for similar homes.

About this home

This Penthouse unit offers peace and tranquility, yet with all the convenience of living in downtown Salem. Overlooking trees and a brick courtyard, you would have no idea that all the sites and sounds of the City are at your doorstep. This exceptional condo features soaring vaulted ceilings that flood the space with natural light and create an airy, expansive atmosphere rarely found in city living. Recently updated kitchen, hardwood flooring, fireplace, in-unit laundry, double primary suite closets including walk-in, additional storage, deeded parking, and new hot water heater are just some of the highlights. The building itself received a facelift with new roof, siding, windows and parking lot reconstruction. Located steps from top dining, shopping, and entertainment, this penthouse offers both luxury and convenience in one of the city's most desirable locations.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

1.7%

Price Range

Total Days on Market

Property Timeline

✓

Sold

Oct 27, 2025

$560,000

Property sold

Days on Market: 26

🏠

Listed for Sale

Sep 2, 2025

$569,900

Original listing

Agent: Merry Fox Team Office: MerryFox Realty

Date	Event	Price	Change	$/sqft	Details
10/27/2025	✓ Sold	$560,000	-	-	Property sold
09/02/2025	🏠 Listed for Sale	$569,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$5,029	$443,500

Financial Details

Annual Property Tax

$5,029

Tax Year 2025

HOA Fee

$430

Per month

Assessed Value

$443,500

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1980

Living Area 1,285 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 5

Interior

Heating Forced Air, Heat Pump, Electric

Cooling Central Air, Heat Pump

Flooring Tile, Carpet, Laminate

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

Fireplace None

Fireplaces 1

Basement N

Laundry Fourth Floor, In Unit

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Balcony

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Off Street, Deeded

Total Spaces 1

Utilities

Electric 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,029

Assessed Value $443,500

HOA & Community

HOA Fee $430

Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds

Amenities Elevator(s)

Optional Fee Includes None

MA Disclosures

Seller Disclosures Only One Cat Permitted With Written Consent

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden","Mid-Rise"]

Unit/Building 403

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 26 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1980

Bedrooms

Full Bathrooms

Living Area

1,285 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Carpet, Laminate

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

Interior Features:

Windows:

Basement: N

Laundry: Fourth Floor, In Unit

Security: Intercom

Construction & Materials

Year Built: 1980

Structure Type: Garden, Mid-Rise

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric

Heating Zones: 1

Cooling: Central Air, Heat Pump

Cooling Zones: 1

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Balcony

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street, Deeded

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, T-Station

Nearby Schools

School information not available for this location.

Location

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Neighborhood

1 Washington Street # 403, 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 Oct 27, 2025 2:32 PM EDT

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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