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289 Essex Street # 307, Salem MA 01970

Salem, MA 01970
$410,000
1
Beds
1
Baths
722
Sq Ft
$568
Price/Sq Ft
1987
Year Built
18
Days on Market
Closed Listed Nov 6, 2025 • MLS# 73452251 Copied! • Updated Dec 10, 2025

Sale Statistics

Sale Overview
Original List Price: $429,000
Final Sale Price: $410,000
Difference: $19,000 (-4.4%)
Performance Metrics
95.6%
List to Sale Ratio
Sold below asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $594
Sale $/sq ft: $568
This property sold for $568 per square foot
Sale Summary

This property sold for 4.4% below the original asking price.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 18 similar properties sold within 0.5 miles in the last 90 days

This Property
$568/sq ft
Area Average
$278/sq ft
Difference
+104.5%

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

About this home

This third-floor condo sits in the heart of downtown Salem, surrounded by shops, restaurants, farmer's markets, festivals, and a creative energy that keeps the city buzzing year-round. The train is less than half a mile away, giving you quick access to Boston while still enjoying everything this vibrant coastal community has to offer. Inside, you’ll find fresh paint, new luxury vinyl plank flooring, and a beautifully remodeled bathroom with a tiled shower. The kitchen features stainless steel appliances and opens to a dining area and spacious living room filled with natural light. Enjoy the building’s amenities - elevator, dedicated storage, common laundry, and well-maintained common areas. Abundant public parking available adjacent to the property. This is an opportunity you don’t want to miss. Stop renting and make this home your own! Easy to show - showings begin immediately.

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Recently Sold Nearby

Property History

Market Insights

57.1%
Price Range
1
Previous Sales

Property Timeline

Sold
Dec 10, 2025
Property sold
🏠
Listed for Sale
Nov 6, 2025
$429,000
Original listing
Agent: Laura Crowell Office: J. Barrett & Company
Previous Transaction - MLS #71967174
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 29, 2016
$184,000
MLS #71967174

Tax History

Year Taxes Assessment
2025 $4,089 $360,600

Financial Details

Annual Property Tax
$4,089
Tax Year 2025
HOA Fee
$261
Monthly
Assessed Value
$360,600

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 722 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Forced Air, Electric
Cooling Central Air
Flooring Vinyl
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Main Level, First Floor, Common Area, In Building
Features Internet Available - Broadband, Elevator

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Porch
Pool Association
Spa None
Fencing None
Patio/Porch Porch
Features Assigned, None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $4,089
Assessed Value $360,600

HOA & Community

HOA Fee $261 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Elevator(s), Storage
Optional Fee Includes None
Owner-Occupied Units 27
Seller Disclosures Buyers And Buyers Agents Perform Due Diligence. Pets Allowed Under 40 Lbs. With The Written Approval Of The Association.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 307
Sq Ft Source Public Record
Sq Ft Disclosures Measurements are approximate.
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (7)
County Essex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
1
Full Bathrooms
1
Living Area
722 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Remodeled
Kitchen
Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Living Room
Flooring - Vinyl, Window(s) - Bay/Bow/Box, Cable Hookup, High Speed Internet Hookup, Remodeled
Master Bedroom
Flooring - Vinyl

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Internet Available - Broadband, Elevator
Windows: Storm Window(s)
Basement: N
Laundry: Main Level, First Floor, Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1987
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, 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: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Assigned, None

Nearby Schools

School information not available for this location.

Location

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Neighborhood

289 Essex Street # 307, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Laura Crowell
Listing Office J. Barrett & Company
Office Phone 978-922-3683
Agent MLS ID C9501291
Office MLS ID AC2087
Listing Data Updated Dec 10, 2025 2:27 PM 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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Market Analytics for Salem, MA

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