FeaturesFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Remodeled, Stainless Steel Appliances
LevelThird
289 Essex St # 308, Salem MA 01970
Salem, MA 01970
$395,000
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Sale Statistics
Sale Overview
Original List Price:
$435,000
Final Sale Price:
$395,000
Difference:
$40,000 (-9.2%)
Performance Metrics
90.8%
List to Sale Ratio
Sold below asking price
110
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$602
Sale $/sq ft:
$547
This property sold for $547 per square foot
Sale Summary
This property sold for 9.2% below the original asking price.
At 110 days on market, this property took longer than average to sell.
Nearby Sales Comparison
Based on 39 similar properties sold within 0.5 miles in the last 90 days
This Property
$547/sq ft
Area Median
$427/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
This sunny 3rd-floor condo offers effortless downtown living with deeded garage parking, storage, and elevator access. A large picture window fills the home with natural light and overlooks Crombie and Essex Streets. Inside are Sedona Maple floors, Maple cabinetry, granite counters, NEW stainless steel appliances, and central A/C. Step outside to cafés, restaurants, shops, museums, parks, the cinema, and transit options including the Commuter Rail and Salem Ferry. EV charging and additional parking are right outside, and the building is pet-friendly. You’re moments from Salem Common, the Ropes Mansion gardens, and scenic bike paths along the waterfront and through historic neighborhoods. Salem’s coastal lifestyle offers harbor walks, outdoor dining, farmers markets, seasonal festivals, and access to nearby parks and beaches. Residents also enjoy free admission to the Peabody Essex Museum and The House of the Seven Gables.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
9.2%
Price Range
105
Total Days on Market
Property Timeline
Sold
Jul 31, 2026
$395,000
Property sold
Days on Market: 105
Status: Active under contract
Jun 11, 2026
Active → Active Under Contract
Pending Sale
May 28, 2026
Offer accepted, sale pending
Price Reduced
May 12, 2026
$395,000
$24,900
(-5.93%)
From $419,900 to $395,000 (-5.9%)
Price Reduced
Apr 14, 2026
$419,900
$15,100
(-3.47%)
From $435,000 to $419,900 (-3.5%)
Back On Market
Mar 20, 2026
Active
Pending Sale
Mar 13, 2026
Offer accepted, sale pending
Listed for Sale
Mar 5, 2026
$395,000
Original listing
Office: StartPoint Realty
Listed for Sale
Mar 5, 2026
$435,000
Original listing
Agent: Karen L. Ferro
Office: StartPoint Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/31/2026 | ✓ Sold | $395,000 | - | - | Property sold |
| 06/11/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 05/28/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/12/2026 | ↓ Price Reduced | $395,000 | $24,900 | - | From $419,900 to $395,000 (-5.9%) |
| 04/14/2026 | ↓ Price Reduced | $419,900 | $15,100 | - | From $435,000 to $419,900 (-3.5%) |
| 03/20/2026 | • Back On Market | - | - | - | Active |
| 03/13/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/05/2026 | 🏠 Listed for Sale | $395,000 | - | - | Original listing |
| 03/05/2026 | 🏠 Listed for Sale | $435,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,223 | $372,400 |
Financial Details
Annual Property Tax
$4,223
Tax Year 2026
HOA Fee
$347
Monthly
Assessed Value
$372,400
Facts & Features
1 Car Garage
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
Heat Pump, Electric
Cooling
Central Air
Flooring
Engineered Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace
None
Basement
N
Laundry
First Floor, In Building
Features
Elevator
Exterior
Construction
Brick
Architecture
None
Roof
Rubber
Features
City View(s), Other
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Deeded, Off Street
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,223
Assessed Value
$372,400
HOA & Community
HOA Fee
$347 Monthly
Fee Includes
Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
Amenities
Laundry, Elevator(s), Storage
Optional Fee Includes
None
Owner-Occupied Units
27
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
2 Pets Max & Under 40lbs. No Smoking Allowed.
Exclusions
Bed Room Drapes & Rods.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
308
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs, Association Financial Statements (4)
County
Essex
Total market time (incl. prior listings)
105 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1987
Bedrooms
1
Full Bathrooms
1
Living Area
722 sq ft
Total Rooms
3
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
722 sq ft above grade
FeaturesWindow(s) - Picture, Flooring - Engineered Hardwood
LevelThird
FeaturesWalk-In Closet(s), Flooring - Engineered Hardwood
LevelThird
FeaturesBathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
FeaturesOpen Floorplan, Flooring - Engineered Hardwood
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Engineered Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Elevator
Windows:
Basement:
N
Laundry:
First Floor, In Building
Security:
Intercom
Construction & Materials
Year Built:
1987
Effective Year (Renovated):
2005
Structure Type:
Mid-Rise
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Heat Pump, Electric
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
City View(s), Other
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
1
Parking Features:
Under, Deeded, Off Street
Special Features
View:
Yes
View Type:
City
Community Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, T-Station, University
Nearby Schools
School information not available for this location.
Location
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Neighborhood
289 Essex St # 308, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Karen L. Ferro
Listing Office
StartPoint Realty
Office Phone
978-422-3999
Agent MLS ID
C8001678
Office MLS ID
AN5803
Listing Data Updated
Jul 31, 2026 2:56 PM EDT
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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