Located in the heart of downtown Salem adjacent to Salem Common and the historic Hawthorne Hotel, this oversized 1-bedroom condo combines thoughtful details with inviting spaces. Featuring 9-foot ceilings, abundant natural light, and beautifully maintained hardwood floors with subtle inlay designs, the home has a warm and refined feel. The versatile kitchen/dining area is large enough to accommodate a sitting space, home office, or creative nook. The bedroom is bright and generously sized, creating a welcoming retreat. Detailed woodwork around the windows and doorways adds understated character throughout the unit. Additional highlights include exclusive use of the in-building washer/dryer, a locked storage area, and deeded garage parking. Enjoy low condo fees and the vibrant lifestyle Salem offers, with dining, shops, and waterfront attractions just outside your door. Don’t miss this perfect alternative to a single-family home!
Sale Statistics
Sale Overview
Original List Price:$415,000
Final Sale Price:$385,000
Difference:
$30,000 (-7.2%)
Performance Metrics
92.8%
List to Sale Ratio
Sold below asking price
44
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$496
Sale $/sq ft:$461
This property sold for $461 per square foot
Sale Summary
This property sold for 7.2% below the original asking price.
The property spent 44 days on market before selling.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1850
Bedrooms
1
Full Bathrooms
1
Living Area
836 sq ft
Total Rooms
3
Stories
1
Entry Level
1
Main Level Bedrooms
1
Interior Features
Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Laundry Features
Electric Dryer Hookup, Washer Hookup, Lighting - Overhead, In Basement, In Building
Basement Details
Y
Exterior & Structure
Construction Materials
Frame
Roof
Slate
Exterior Features
Porch, Storage, Rain Gutters
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Beach Access, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.11 acres
Lot Size
4,878 sq ft
Lot Size Area
0.1100
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Off Street, Assigned, Deeded
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$171
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,662
Tax Year
2024
Tax Assessed Value
$401,200
Parcel Number
350416801,4355280
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate,Renovated Since
Building Name
92-94 Essex Street Condominium
Common Walls
Corner, No One Below
Attached Property
Yes
Disclosures
This is an estate sale. Seller has never lived in the property.
