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85 Bridge Street # 4, Salem MA 01970

Salem, MA 01970
$490,000
Est. $3,306/month
2
Beds
2
Baths
814
Sq Ft
$602
Price/Sq Ft
0.11
Acres
1990
Year Built
40
Days on Market
Closed Listed Jan 5, 2026 • MLS# 73465202 Copied!

About this home

Welcome to your Collins Cove retreat! This freshly painted 2-bedroom, 2-bath condominium offers comfortable, low-maintenance living in one of Salem’s most desirable coastal neighborhoods. Thoughtfully designed for easy living, the home features a smart, efficient layout with two full bathrooms—ideal for everyday comfort and hosting guests.Bright, sun-filled interiors create an uplifting atmosphere, while skylights invite refreshing coastal breezes on warm days. The well-proportioned bedrooms offer peaceful retreats, and the second-floor location in a two-story building provides added privacy and quiet. Looking for outdoor space? Collins Cove Park is just a two-minute walk away, offering a serene waterfront escape.Enjoy a welcoming community, easy access to downtown Salem, the Common, waterfront paths, restaurants, & shops. Walk the beach at low tide, reach Beverly with ease & enjoy Salem’s October energy while escaping the crowds. Pet-friendly Bldg. “Coffeetime “is across the street !

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1990
Bedrooms
2
Full Bathrooms
2
Living Area
814 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $490,000
Difference: $9,900 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
40
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $614
Sale $/sq ft: $602
This property sold for $602 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

The property spent 40 days on market before selling.

Nearby Sales Comparison

Based on 10 similar properties sold within 0.5 miles in the last 90 days

This Property
$602/sq ft
Area Average
$388/sq ft
Difference
+55.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1990
Living Area 814 sq ft
Lot Size 0.11 acres
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry Second Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features City View(s), Screens
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,374
Assessed Value $473,900

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows: Screens
Basement: Y
Laundry: Second Floor, In Unit
Security:

Construction & Materials

Year Built: 1990
Effective Year (Renovated): 2018
Structure Type: Rowhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central
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), Screens
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Paved

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station, University

Location

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Neighborhood

85 Bridge Street # 4, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $448
Homeowners Insurance $200
HOA Fee $180/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Feb 2, 2026
Active → Active Under Contract
Pending Sale
Jan 31, 2026
Offer accepted, sale pending
📋
Status: Active
Jan 21, 2026
Active Under Contract → Active
📋
Status: Active under contract
Jan 21, 2026
Active → Active Under Contract
🏠
Listed for Sale
Jan 5, 2026
$499,900
Original listing
Agent: Patti LeBlanc Office: Century 21 North East

Price & Status History

Date Event Price Change
Feb 2, 2026 Status: Active under contract $0
Jan 21, 2026 Status: Active $0
Jan 21, 2026 Status: Active under contract $0
Jan 5, 2026 New Listing Added $499,900

Market Statistics

Days on Market
40 days
Price per Sq Ft
$602

Tax History

Year Taxes Assessment
2025 $5,374 $473,900

Financial Details

Annual Property Tax
$5,374
Tax Year 2025
HOA Fee
$180
Monthly
Assessed Value
$473,900

Listing Information

Listing Agent Patti LeBlanc
Listing Office Century 21 North East
Agent MLS ID C6467300
Office MLS ID AN4339
Listing Data Updated Mar 1, 2026 8:58 AM EST
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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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