289 Essex Street # 307, Salem MA 01970

Salem, MA 01970

$410,000

Beds

Baths

722

Sq Ft

$568

Price/Sq Ft

1987

Year Built

Condominium

Type

Days on Market

Sold Listed Nov 6, 2025 • MLS# 73452251 Copied! • Updated Dec 10, 2025

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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

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 40 similar properties sold within 0.5 miles in the last 90 days

This Property

$568/sq ft

Area Median

$435/sq ft

Difference

+30.6%

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.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

57.1%

Price Range

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

View Listing →

Date	Event	Price	Change	$/sqft	Details
12/10/2025	✓ Sold	-	-	-	Property sold
11/06/2025	🏠 Listed for Sale	$429,000	-	-	Original listing
04/29/2016	🏷️ Previously Sold	$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

Parking

Features Assigned, None

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Oven

Financial

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

MA Disclosures

Seller Disclosures Buyers And Buyers Agents Perform Due Diligence. Pets Allowed Under 40 Lbs. With The Written Approval Of The Association.

Additional Details

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

Sold

Year Built

1987

Bedrooms

Full Bathrooms

Living Area

722 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

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.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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