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18 Ocean Ter # 2, Salem MA 01970

Salem, MA 01970
$659,900
Est. $4,347/month
2
Beds
2
Baths
1,505
Sq Ft
$438
Price/Sq Ft
0.19
Acres
1900
Year Built
18
Days on Market
Pending Listed Apr 21, 2026 • MLS# 73495114 Copied!

About this home

This enchanting 1505 sq ft, two-bedroom condo captures the essence of coastal living with sweeping harbor vistas and nestled in one of Salem's most desirable neighborhoods. Fully renovated in 2014, the residence gracefully blends period character with modern comfort. The open-concept kitchen features stainless steel appliances, elegant granite countertops, and thoughtfully designed custom cabinetry. Two full bathrooms showcase ceramic tile and refined finishes. The generous main bedroom includes a walk-in closet, while original architectural details throughout whisper of the home's heritage. Curl up by the wood-burning fireplace on crisp evenings, or wake up to step out onto the expansive balcony to take in the sunrise over the harbor and breathe in the ocean air. The private patio invites outdoor gatherings and deeded garage offers street level storage. Steps from Forest River Park's picturesque trails, beaches, and boat access, and yet still close to the rest of Salem's amenities.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,505 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,505 sq ft
Lot Size 0.19 acres
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Deeded
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,594
Assessed Value $581,500

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2014
Structure Type: Attached
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Cooling Zones: 1
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: 3
Parking Features: Detached, Off Street, Deeded

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Marina, Public School, T-Station, University

Location

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Neighborhood

18 Ocean Ter # 2, 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
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $550
Homeowners Insurance $200
HOA Fee $261/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
Apr 30, 2026
Active → Active Under Contract
Pending Sale
Apr 28, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 21, 2026
$659,900
Original listing
Agent: Elizabeth Beaver Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Apr 30, 2026 Status: Active under contract $0
Apr 21, 2026 New Listing Added $659,900

Market Statistics

Days on Market
18 days
Price per Sq Ft
$438

Tax History

Year Taxes Assessment
2025 $6,594 $581,500

Financial Details

Annual Property Tax
$6,594
Tax Year 2025
HOA Fee
$261
Per month
Assessed Value
$581,500

Listing Information

Listing Agent Elizabeth Beaver
Listing Office Leading Edge Real Estate
Agent MLS ID CN241546
Office MLS ID AN7144
Listing Data Updated May 10, 2026 12:59 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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