5 Woodside Street # 1, Salem MA 01970

Salem, MA 01970

$575,000

2

Beds

2

Baths

1,060

Sq Ft

$542

Price/Sq Ft

1890

Year Built

1

Garage Space

Condominium

Type

39

Days on Market

Sold Listed Sep 6, 2025 • MLS# 73427100 Copied! • Updated Oct 31, 2025

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Sale Statistics

Sale Overview

Original List Price: $599,900

                            Final Sale Price:
                            $575,000
                        

Difference: $24,900 (-4.2%)

Performance Metrics

95.8%

List to Sale Ratio

Sold below asking price

39

Days on Market

Average time

Price per Square Foot Analysis

Original $/sq ft: $566

                            Sale $/sq ft:
                            $542
                        

This property sold for $542 per square foot

Sale Summary

This property sold for 4.2% below the original asking price.

The property spent 39 days on market before selling.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property

$542/sq ft

Area Median

$423/sq ft

Difference

+28.2%

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

About this home

Discover modern luxury in this completely renovated 2-bed, 2-bath condo. Upon entering you are welcomed by beautiful engineered European Rustic Oak hardwood flooring which is carried throughout the entire unit, a cozy gas fireplace, telecommunications closet, and a built-in desk, perfect for those who work or study from home. Quartz countertops, wine cooler and ss appliances in the kitchen are a perfect blend of style with functionality. The main bedroom is a retreat of its own with an en-suite bathroom and a walk-in closet, offering both convenience and privacy. This condo goes beyond aesthetics with upgraded features and smart home design. The living room is wired for surround sound with in-ceiling speakers, enhancing the overall living experience. Upgrades to enhance the comfort and stability of the property include plumbing, electrical, energy efficient closed cell foam insulation and Marvin windows.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

4.2%

Price Range

42

Total Days on Market

Property Timeline

✓

Sold

Oct 30, 2025

$575,000

Property sold

Days on Market: 42

🏠

Listed for Sale

Sep 7, 2025

$599,900

Original listing

Agent: Nicholas Newhall Office: Real Estate by Hughes & Assoc. Inc.

Date	Event	Price	Change	$/sqft	Details
10/30/2025	✓ Sold	$575,000	-	-	Property sold
09/07/2025	🏠 Listed for Sale	$599,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2026	$5,805	$512,000

Financial Details

Annual Property Tax

$5,805

Tax Year 2026

HOA Fee

$267

Monthly

Assessed Value

$512,000

Facts & Features

1 Car Garage

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1890

Living Area 1,060 sq ft

Bedrooms 2

Full Baths 2

Total Rooms 5

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Engineered Hardwood

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Wine Refrigerator, Range Hood

Fireplace Living Room

Fireplaces 1

Basement Y

Laundry Flooring - Stone/ceramic Tile, Main Level, Lighting - Overhead, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup

Features Wired For Sound, Internet Available - Dsl, Internet Available - Unknown

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Porch, Patio

Pool None

Spa None

Fencing None

Patio/Porch Porch, Patio

Parking

Garage Spaces 1

Has Garage Yes

Features Detached, Garage Door Opener, Storage, Deeded, Off Street, Tandem, Paved

Total Spaces 2

Utilities

Electric 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,805

Assessed Value $512,000

HOA & Community

HOA Fee $267 Monthly

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

Amenities None

Optional Fee Includes None

Owner-Occupied Units 1

MA Disclosures

Seller Disclosures Seller Has Never Lived In Property. Seller Is A Corporation. President Of Corp Has Real Estate License. Broker Or Record Has Financial Interest In Property. Condo Conversion In Process. Taxes And Hoa Fees Are Estimated. Audio/visual In Place But Not Connected. Some Seepage Possible In Basement

Additional Details

Possession None

Accepted Financing None

Structure Type ["2\/3 Family"]

Unit/Building 5-1

Sq Ft Source Master Deed

Sq Ft Disclosures Measured per engineering plan but buyer/buyers agent to verify.

Documents Master Deed, Rules & Regs, Master Plan, Association Financial Statements, Certificate Of Insurance (5)

County Essex

Total market time (incl. prior listings) 42 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1890

Bedrooms

2

Full Bathrooms

2

Living Area

1,060 sq ft

Total Rooms

5

Stories

1

Entry Level

1

Main Level Bedrooms

2

Floor Layout

Interior Features

Flooring: Tile, Engineered Hardwood

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Wine Refrigerator, Range Hood

Interior Features: Wired for Sound, Internet Available - DSL, Internet Available - Unknown

Windows: Insulated Windows

Basement: Y

Laundry: Flooring - Stone/Ceramic Tile, Main Level, Lighting - Overhead, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Year Built: 1890

Effective Year (Renovated): 2025

Structure Type: 2/3 Family

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas

Heating Zones: 1

Cooling: Central Air

Cooling Zones: 1

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Patio

Patio & Porch: Porch, Patio

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 2

Parking Features: Detached, Garage Door Opener, Storage, Deeded, Off Street, Tandem, Paved

Special Features

Fireplaces: 1

Fireplace Type: Living Room

Community Amenities: Public Transportation, Shopping, Golf, Highway Access, House of Worship

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Location

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Neighborhood

5 Woodside Street # 1, Salem MA 01970

Salem, MA 01970

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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