Dimensions7 x 5
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
LevelFirst
20 Central Street # 402, Salem MA 01970
Salem, MA 01970 • Downtown
$599,000
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Sale Statistics
Sale Overview
Original List Price:
$749,000
Final Sale Price:
$599,000
Difference:
$150,000 (-20.0%)
Performance Metrics
80.0%
List to Sale Ratio
Sold below asking price
209
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$537
Sale $/sq ft:
$429
This property sold for $429 per square foot
Sale Summary
This property sold for 20.0% below the original asking price.
At 209 days on market, this property took longer than average to sell.
Nearby Sales Comparison
Based on 50 similar properties sold within 0.5 miles in the last 90 days
This Property
$429/sq ft
Area Median
$472/sq ft
Difference
9.1%
This property sold near the area median for similar homes.
About this home
What sets this Salem condo apart begins with the deeded underground garage parking with direct interior access and elevator service—a rare and valuable convenience in the heart of downtown. From this prime location, you’re steps from Salem’s best restaurants, museums, shops, and entertainment, while enjoying the privacy and ease of a secure building. The unit itself is perfectly positioned to capture unobstructed views of historic Derby Square and the Old Town Hall—protected landmarks that guarantee the vistas will remain timeless. Large windows and two private decks invite natural light and frame these one-of-a-kind views, offering an urban backdrop unlike any other in Salem. Add in thoughtful updates, modern comforts, and the unmatched combination of garage parking and elevator access, and you have a residence that balances convenience, character, and lasting value in one of New England’s most celebrated cities.
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Property History
Market Insights
57.4%
Price Range
1
Previous Sales
Property Timeline
Sold
Dec 15, 2025
Property sold
Listed for Sale
Apr 9, 2025
$599,000
Original listing
Agent: Amanda Armstrong Group
Office: Compass
Previous Transaction - MLS #70965529
Full transaction history available when tracking began
Previously Sold
Mar 31, 2010
$255,000
MLS #70965529
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/15/2025 | ✓ Sold | - | - | - | Property sold |
| 04/09/2025 | 🏠 Listed for Sale | $599,000 | - | - | Original listing |
| 03/31/2010 | 🏷️ Previously Sold | $255,000 | - | - | MLS #70965529 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,453 | $480,900 |
Financial Details
Annual Property Tax
$5,453
Tax Year 2025
HOA Fee
$543
Monthly
Assessed Value
$480,900
Facts & Features
1 Car Garage
Home Facts
Type
Residential
Style
Condominium
Year Built
1980
Living Area
1,395 sq ft
Lot Size
0.0000
Bedrooms
2
Full Baths
2
Total Rooms
5
Interior
Heating
Air Source Heat Pumps (ashp)
Cooling
Air Source Heat Pumps (ashp)
Flooring
Wood, Tile, Carpet, Flooring - Hardwood
Appliances
Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
Fireplace
None
Basement
N
Laundry
First Floor, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Features
Walk-in Closet(s), Lighting - Pendant, Entrance Foyer
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Courtyard, Balcony, City View(s)
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Off Street, Deeded
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$5,453
Assessed Value
$480,900
HOA & Community
HOA Fee
$543 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities
Laundry, Elevator(s), Storage
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Heat Pump Both Heats And Cools Entire Unit Via Forced Air.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Garden"]
Unit/Building
402
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs (3)
County
Essex
Total market time (incl. prior listings)
212 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,395 sq ft
Total Rooms
5
Stories
1
Entry Level
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,395 sq ft above grade
Dimensions11 x 10
FeaturesFlooring - Wood, Balcony - Exterior, Open Floorplan, Slider, Lighting - Pendant
LevelFirst
Dimensions11 x 12
FeaturesFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Lighting - Overhead, Crown Molding
LevelFirst
Dimensions7 x 5
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
Dimensions13 x 11
FeaturesFlooring - Wall to Wall Carpet, Window(s) - Picture
LevelFirst
Dimensions13 x 13
FeaturesFlooring - Wood, Balcony - Exterior, Open Floorplan, Slider
LevelFirst
Dimensions14 x 11
FeaturesBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony - Exterior
LevelFirst
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Carpet, Flooring - Hardwood
Appliances:
Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
Interior Features:
Walk-In Closet(s), Lighting - Pendant, Entrance Foyer
Windows:
Insulated Windows
Basement:
N
Laundry:
First Floor, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Security:
Intercom
Construction & Materials
Year Built:
1980
Structure Type:
Garden
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Air Source Heat Pumps (ASHP)
Heating Zones:
1
Cooling:
Air Source Heat Pumps (ASHP)
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Courtyard, Balcony, City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
1
Parking Features:
Under, Off Street, Deeded
Special Features
View:
Yes
View Type:
City
Community Amenities:
Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
3 schools
C+
Saltonstall School
0.5 mi
|
#525 of 825
|
Score: 43.9
Improved 43 spots from last year
-14.3 below state avg
267 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
B-
Carlton School
0.8 mi
|
#470 of 825
|
Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students
Diverse
Diverse Student Body
Grades K-05
The Phoenix School
0.8 mi
Grades PK-08
Middle Schools
3 schools
B-
Collins Middle School
0.7 mi
|
#203 of 352
|
Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B+
Village School
1.8 mi
|
#265 of 825
|
Score: 51.8
Dropped 76 spots from last year
-6.4 below state avg
480 students
Less Diverse
Strong Attendance
Grades 04-06
B+
Marblehead Community Charter Public School
2.2 mi
|
#109 of 352
|
Score: 48.5
Improved 100 spots from last year
-9.7 below state avg
226 students
Moderate
Rising School
Grades 04-08
High Schools
3 schools
B+
Salem Academy Charter School
0.5 mi
|
#141 of 346
|
Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B+
Salem High School
1.3 mi
|
#124 of 346
|
Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.7 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Location
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Neighborhood
Downtown
20 Central Street # 402, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Amanda Armstrong Group
Listing Office
Compass
Office Phone
781-534-9229
Agent MLS ID
TM337166
Office MLS ID
AN6818
Listing Data Updated
Dec 16, 2025 9:10 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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