LevelFirst
49 Federal Street # 2, Salem MA 01970
Salem, MA 01970
$675,000
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Sale Statistics
Sale Overview
Original List Price:
$685,000
Final Sale Price:
$675,000
Difference:
$10,000 (-1.5%)
Performance Metrics
98.5%
List to Sale Ratio
Sold below asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$451
Sale $/sq ft:
$444
This property sold for $444 per square foot
Sale Summary
This property sold for 1.5% below the original asking price.
With only 15 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 38 similar properties sold within 0.5 miles in the last 90 days
This Property
$444/sq ft
Area Median
$435/sq ft
Difference
+2.1%
This property sold slightly above the area median for similar homes.
About this home
Completely renovated 3BR, 2.5BA townhouse-style home in a classic Victorian Mansard in the heart of downtown Salem. Beautifully restored historic character meets modern comfort throughout. Main level offers a spacious living room w original Carrera marble fireplace & mantle, shaker kitchen w tile backsplash, gas cooking, stainless steel appliances, & formal dining area. Primary suite features walk-in closet and tiled en-suite bath w double vanity. High ceilings, refinished wide pine floors, crown molding, & restored raised-panel doors add warmth & charm. Lower level includes two bedrooms, full bath, & laundry. Enjoy your own exclusive back entrance & private patio area. Major updates include a newer architectural shingle roof, plumbing, electrical, hybrid hot water heater, high-efficiency multi-zone heat & AC, appliances, fixtures, interior & exterior paint, & spray foam insulation with soundproofing throughout. All of this just steps to Washington Street & one block to the train.
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Property History
Market Insights
1.5%
Price Range
20
Total Days on Market
Property Timeline
Sold
May 1, 2026
$675,000
Property sold
Days on Market: 20
Status: Active under contract
Mar 25, 2026
Active → Active Under Contract
Pending Sale
Mar 24, 2026
Offer accepted, sale pending
Listed for Sale
Mar 16, 2026
$685,000
Original listing
Agent: Willis + Tierney
Office: Compass
Listed for Sale
Mar 16, 2026
$685,000
Original listing
Agent: Willis + Tierney
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/01/2026 | ✓ Sold | $675,000 | - | - | Property sold |
| 03/25/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/24/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/16/2026 | 🏠 Listed for Sale | $685,000 | - | - | Original listing |
| 03/16/2026 | 🏠 Listed for Sale | $685,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,671 | $618,800 |
Financial Details
Annual Property Tax
$6,671
Tax Year 2026
HOA Fee
$210
Monthly
Assessed Value
$618,800
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1800
Living Area
1,519 sq ft
Bedrooms
3
Full Baths
2
Half Baths
1
Total Rooms
5
Interior
Heating
Ductless
Cooling
Ductless
Flooring
None
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Fireplaces
1
Basement
Y
Laundry
In Basement, In Unit, Electric Dryer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Rubber
Features
Deck, Patio
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck, Patio
Parking
Features
Off Street, Deeded, Paved
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer
Financial
Annual Tax
$6,671
Assessed Value
$618,800
HOA & Community
HOA Fee
$210 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
Amenities
None
Optional Fee Includes
None
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
No Pet Restrictions Except For Those Breeds That Would Put The Master Insurance Policy In Jeopardy. Sellers Have Never Used Fireplace - Buyers To Verify Functionality.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Low-Rise"]
Unit/Building
2
Sq Ft Source
Measured
Sq Ft Disclosures
Measured by Matterport technology. Buyers/buyers agent to verify.
Documents
Master Deed, Unit Deed, Rules & Regs, Floor Plans (4)
County
Essex
Total market time (incl. prior listings)
20 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1800
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,519 sq ft
Total Rooms
5
Stories
2
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Finished Area
935 sq ft above grade
584 sq ft below grade
LevelFirst
LevelFirst
LevelFirst
LevelFirst
LevelFirst
LevelBasement
LevelBasement
LevelBasement
FeaturesYes
Display Options
Outdoor Areas
Patio & porchDeck, Patio
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:
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Storm Window(s)
Basement:
Y
Laundry:
In Basement, In Unit, Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1800
Effective Year (Renovated):
2022
Structure Type:
Low-Rise
Exterior Materials:
Frame
Roof:
Shingle, Rubber
Foundation:
Stories:
2
Heating, Cooling & Utilities
Heating:
Ductless
Heating Zones:
5
Cooling:
Ductless
Cooling Zones:
5
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Deck, Patio
Patio & Porch:
Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Off Street, Deeded, Paved
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
9 schools
The Phoenix School
0.7 mi
Grades PK-08
The Greenhouse School
1.8 mi
Grades PK-08
B-
Saltonstall School
0.7 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
B-
Carlton School
0.7 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B+
Bates School
0.9 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.0 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.0 mi
106 students
Diverse
Diverse Student Body
Grades PK
B
Witchcraft Heights School
1.2 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
1.2 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
1 school
C+
Collins Middle School
0.7 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
0.7 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
1.3 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Location
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Neighborhood
49 Federal Street # 2, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Willis + Tierney
Listing Office
Compass
Office Phone
781-534-9229
Agent MLS ID
TM352050
Office MLS ID
AN6818
Listing Data Updated
May 1, 2026 1:00 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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