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92 Essex Street # 1, Salem MA 01970

Salem, MA 01970
$285,000
Est. $2,148/month
1
Beds
1
Baths
836
Sq Ft
$341
Price/Sq Ft
1850
Year Built
118
Days on Market
Closed Listed Jan 25, 2017 • MLS# 72112328 Copied!

About this home

Back on Market due to financing glitch. Buyer's loss is your gain! Truly rare opportunity in the heart of Historic Downtown Salem: Light, spacious and tranquil first floor, one bedroom condo with onsite garage parking spot and central A/C, mere steps to the Salem Common, the Peabody Essex Museum, top notch restaurants and a short walk to the commuter rail with express service to Boston. New high efficiency gas heating/cooling system and new hot water tank installed in 2013. Must see!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
1
Full Bathrooms
1
Living Area
836 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $290,000
Final Sale Price: $285,000
Difference: $5,000 (-1.7%)
Performance Metrics
98.3%
List to Sale Ratio
Sold below asking price
118
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $347
Sale $/sq ft: $341
This property sold for $341 per square foot
Sale Summary

This property sold for 1.7% below the original asking price.

At 118 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property
$341/sq ft
Area Average
$348/sq ft
Difference
1.9%

This property sold near the area average for similar homes.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 836 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry In Building
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Exclusive Parking
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,954
Assessed Value $249,300

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Building
Security:

Construction & Materials

Year Built: 1850
Structure Type: Garden
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
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

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Off Street, Exclusive Parking

Location

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Neighborhood

92 Essex Street # 1, 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 $330
Homeowners Insurance $200
HOA Fee $178/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

26.6%
Price Range
91
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73318880
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 4, 2025
$385,000
MLS #73318880
Sold
Jun 27, 2017
$285,000
Property sold
Days on Market: 91
🏠
Listed for Sale
Jan 25, 2017
$282,500
Original listing
Agent: Carmel Harney Office: Coldwell Banker Residential Brokerage - Marblehead

Price & Status History

Date Event Price Change
Apr 4, 2025 Sold $385,000
Jan 25, 2017 New Listing Added $282,500

Market Statistics

Days on Market
118 days
Price per Sq Ft
$341

Tax History

Year Taxes Assessment
2017 $3,954 $249,300

Financial Details

Annual Property Tax
$3,954
Tax Year 2017
HOA Fee
$178
Monthly
Assessed Value
$249,300

Listing Information

Listing Office Coldwell Banker Residential Brokerage - Marblehead
Agent MLS ID CT004173
Office MLS ID C75100
Listing Data Updated Jun 27, 2017 5:55 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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