59 Leach St # 2, Salem MA 01970

Salem, MA 01970

$480,000

Beds

1.5

Baths

1,480

Sq Ft

$324

Price/Sq Ft

1920

Year Built

Garage Space

Condominium

Type

110

Days on Market

Sold Listed Oct 15, 2025 • MLS# 73444026 Copied! • Updated Mar 13, 2026

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview

Original List Price: $529,900

                            Final Sale Price:
                            $480,000
                        

Difference: $49,900 (-9.4%)

Performance Metrics

90.6%

List to Sale Ratio

Sold below asking price

110

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $358

                            Sale $/sq ft:
                            $324
                        

This property sold for $324 per square foot

Sale Summary

This property sold for 9.4% below the original asking price.

At 110 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property

$324/sq ft

Area Median

$430/sq ft

Difference

24.6%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Incredible Opportunity!! Exceptionally Maintained 4 Bedroom, 1.5 Bathroom Condominium Just Steps From The Ocean and Vibrant Downtown Salem! Perfect For Owner Occupied or Investment, This Spacious Home Combines Historic Charm With Generous Square Footage and a Low Condo Fee! Sun-Filled Living Room Opens to the Formal Dining Room With Built-Ins and Gleaming Hardwood Floors. Large Eat-In Kitchen Features Gas Cooking, Granite Countertops, Stainless Steel Appliances and Ample Cabinetry. Serene Primary Suite With Half Bath. 3 Additional Bedrooms and a Full Tiled Bathroom Complete The Layout, Along With Convenient In-Unit Laundry. Enjoy Your Private Front Deck and The Recently Rebuilt Expansive 30ft Back Deck! 1-Car Garage and 1 Off-Street Parking Space Add Everyday Convenience. Minutes to Salem State University, Forest River Park With a Public Pool, Shops, Dining and More! Experience The Best Of Coastal Living and All That Salem Has To Offer In This Beautiful Home!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

39.4%

Price Range

Previous Sales

Property Timeline

📋

Status: Active under contract

Jan 22, 2026

Active → Active Under Contract

⏳

Pending Sale

Jan 20, 2026

Offer accepted, sale pending

🏠

Listed for Sale

Oct 15, 2025

$499,900

Original listing

Agent: Anna Budai-Louf Office: Toner Real Estate, LLC

Previous Transaction - MLS #72018896

Full transaction history available when tracking began

🏷️

Previously Sold

Aug 4, 2016

$303,000

MLS #72018896

View Listing →

Date	Event	Price	Change	$/sqft	Details
01/22/2026	📋 Status: Active under contract	-	-	-	Active → Active Under Contract
01/20/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
10/15/2025	🏠 Listed for Sale	$499,900	-	-	Original listing
08/04/2016	🏷️ Previously Sold	$303,000	-	-	MLS #72018896

Tax History

Year	Taxes	Assessment
2025	$4,703	$414,700

Financial Details

Annual Property Tax

$4,703

Tax Year 2025

HOA Fee

$230

Monthly

Assessed Value

$414,700

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Condominium

Year Built 1920

Living Area 1,480 sq ft

Bedrooms 4

Full Baths 1

Half Baths 1

Total Rooms 7

Interior

Heating Hot Water, Natural Gas

Cooling Window Unit(s)

Flooring Tile, Hardwood

Appliances Range, Dishwasher, Disposal, Refrigerator

Fireplace None

Basement Y

Laundry Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit

Features Internet Available - Broadband

Exterior

Construction Frame

Architecture None

Roof Slate

Features Porch, Rain Gutters

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Garage Spaces 1

Has Garage Yes

Features Detached, Off Street, Paved

Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,703

Assessed Value $414,700

HOA & Community

HOA Fee $230 Monthly

Fee Includes Water, Sewer, Insurance

Amenities None

Optional Fee Includes None

Owner-Occupied Units 1

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["2\/3 Family"]

Unit/Building 2

Sq Ft Source Public Record

Sq Ft Disclosures Measurements are approximate.

Documents Master Deed, Rules & Regs (2)

County Essex

Total market time (incl. prior listings) 98 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1920

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

1,480 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Disposal, Refrigerator

Interior Features: Internet Available - Broadband

Windows:

Basement: Y

Laundry: Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit

Security:

Construction & Materials

Year Built: 1920

Effective Year (Renovated): 1985

Structure Type: 2/3 Family

Exterior Materials: Frame

Roof: Slate

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas

Cooling: Window Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch, Rain Gutters

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 2

Parking Features: Detached, Off Street, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

59 Leach St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Anna Budai-Louf

Listing Office Toner Real Estate, LLC

Office Phone 781-780-9054

Agent MLS ID CN244762

Office MLS ID AC1714

Listing Data Updated Mar 13, 2026 6:01 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

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Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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