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8 Union Street # 3, Salem MA 01970

Salem, MA 01970
$585,000
Est. $3,114/month
2
Beds
1
Baths
1,451
Sq Ft
$403
Price/Sq Ft
1900
Year Built
Condominium
Type
41
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73297320

About this home

TWO CAR PARKING! Awesome PENTHOUSE unit in the heart of Salem. Two story unit with open loft showcasing a perfect mix of old and new with cathedral beamed ceilings, original wood floors, brick walls, original fireplaces (aesthetic only) blended with modern updates including central air, in-unit laundry, open floor plan, well equipped kitchen with island. Two bedrooms on first level, updated full bath. Spacious loft could be used as bedroom, home office, or playroom. Shared outdoor area included. Unit has been freshly painted inside. Centrally located near everything Salem has to offer, minutes from shopping, dining, downtown, Salem Commons, Pickering Wharf, and 5 minutes to commuter rail.

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $585,000
Difference: $14,000 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
41
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $413
Sale $/sq ft: $403
This property sold for $403 per square foot
Sale Summary

This property sold for 2.3% below the original asking price.

The property spent 41 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,451 sq ft
Total Rooms
5
Stories
2
Entry Level
3

Interior Features

Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Dining Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features
Beamed Ceilings, Closet, Loft
Laundry Features
First Floor, In Unit, Washer Hookup
Basement Details
Y
Window Features
Skylight(s)

Exterior & Structure

Construction Materials
Brick, Post & Beam
Roof
Shingle
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Tandem, Deeded

Utilities & Systems

Utilities Available
for Gas Range, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails
HOA Fee
$373
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,618
Tax Year
2024
Tax Assessed Value
$483,500
Parcel Number
4782037
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Union Square Condominium
Common Walls
No One Above
Disclosures
fireplaces aesthetic only

Location

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Neighborhood

8 Union Street # 3, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

High School
Salem High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $468
Homeowners Insurance $200
HOA Fee $373
PMI $0

Property History

Market Insights

42
Total Days on Market

Property Timeline

✓
Sold
Dec 11, 2024
$585,000
Property sold
Days on Market: 42
🏠
Listed for Sale
Oct 2, 2024
$585,000
Original listing
Agent: Pam Spiros Office: Coldwell Banker Realty - Beverly

Price & Status History

Date Event Price Change
Oct 2, 2024 New Listing Added $585,000 —

Market Statistics

Days on Market
41 days
Price per Sq Ft
$403

Tax History

Year Taxes Assessment
2024 $5,618 $483,500

Financial Details

Annual Property Tax
$5,618
Tax Year 2024
HOA Fee
$373
Monthly
Assessed Value
$483,500

Listing Information

Listing Agent Pam Spiros
Listing Office Coldwell Banker Realty - Beverly
Agent MLS ID C0001796
Office MLS ID AN6191

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