FeaturesBathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelSecond
12 1/2 Dearborn Street # 2, Salem MA 01970
Salem, MA 01970
$385,000
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Sale Statistics
Sale Overview
Original List Price:
$399,000
Final Sale Price:
$385,000
Difference:
$14,000 (-3.5%)
Performance Metrics
96.5%
List to Sale Ratio
Sold below asking price
31
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$490
Sale $/sq ft:
$472
This property sold for $472 per square foot
Sale Summary
This property sold for 3.5% below the original asking price.
The property spent 31 days on market before selling.
Nearby Sales Comparison
Based on 15 similar properties sold within 0.5 miles in the last 90 days
This Property
$472/sq ft
Area Median
$466/sq ft
Difference
+1.4%
This property sold slightly above the area median for similar homes.
About this home
Why Pay Rent? Start building equity in this appealing two-bedroom condo located in a well-established neighborhood just minutes from all that Salem has to offer, including restaurants, shopping, the waterfront, and commuter rail service. Inside, you'll find a spacious eat-in kitchen, comfortable living room, and two generously sized bedrooms, all featuring hardwood floors and high ceilings that add warmth and character. The bathroom offers a durable, easy-care ceramic tile floor, and the convenience of an in-unit washer and dryer makes everyday living a breeze. Additional highlights include dedicated basement storage and a location that combines neighborhood charm with easy access to local amenities. Don't miss this opportunity to stop renting and start owning. Make homeownership a reality today!
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
3.5%
Price Range
33
Total Days on Market
Property Timeline
Sold
Aug 7, 2026
$385,000
Property sold
Days on Market: 33
Pending Sale
Jul 6, 2026
Offer accepted, sale pending
Price Reduced
Jun 25, 2026
$385,000
$14,000
(-3.51%)
From $399,000 to $385,000 (-3.5%)
Listed for Sale
Jun 4, 2026
$385,000
Original listing
Office: J. Barrett & Company
Listed for Sale
Jun 4, 2026
$399,000
Original listing
Office: J. Barrett & Company
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/07/2026 | ✓ Sold | $385,000 | - | - | Property sold |
| 07/06/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/25/2026 | ↓ Price Reduced | $385,000 | $14,000 | - | From $399,000 to $385,000 (-3.5%) |
| 06/04/2026 | 🏠 Listed for Sale | $385,000 | - | - | Original listing |
| 06/04/2026 | 🏠 Listed for Sale | $399,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,330 | $387,300 |
Financial Details
Annual Property Tax
$4,330
Tax Year 2026
HOA Fee
$300
Monthly
Assessed Value
$387,300
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1890
Living Area
815 sq ft
Bedrooms
2
Full Baths
1
Total Rooms
4
Interior
Heating
Baseboard, Natural Gas
Cooling
None
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Refrigerator, Washer/dryer
Fireplace
None
Basement
Y
Laundry
In Unit, Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$4,330
Assessed Value
$387,300
HOA & Community
HOA Fee
$300 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
4
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Pets Allowed With Prior Written Approval Of At Least 2 Trustees. No Personal Letters From Buyers Will Be Presented To Seller.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
2
Sq Ft Source
Field Card
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)
33 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1890
Bedrooms
2
Full Bathrooms
1
Living Area
815 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
815 sq ft above grade
FeaturesCeiling Fan(s), Flooring - Hardwood
LevelSecond
FeaturesFlooring - Hardwood
LevelSecond
FeaturesFlooring - Hardwood
LevelSecond
FeaturesFlooring - Hardwood
LevelSecond
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:
Wood, Tile
Appliances:
Range, Dishwasher, Refrigerator, Washer/Dryer
Interior Features:
Windows:
Basement:
Y
Laundry:
In Unit, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1890
Effective Year (Renovated):
2004
Structure Type:
Garden
Exterior Materials:
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
1
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
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
2.2 mi
Grades PK-08
B+
Bates School
0.5 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
B-
Carlton School
0.6 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
C+
Bentley Academy Innovation School
1.1 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
1.1 mi
106 students
Diverse
Diverse Student Body
Grades PK
B-
Saltonstall School
1.2 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
Witchcraft Heights School
1.3 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
1.5 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
1.0 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
1.1 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
1.6 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
12 1/2 Dearborn Street # 2, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Tina McManus
Listing Office
J. Barrett & Company
Office Phone
978-922-3683
Agent MLS ID
C0001875
Office MLS ID
AC2087
Listing Data Updated
Aug 7, 2026 2:08 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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