FeaturesBathroom - With Tub & Shower, Closet - Linen, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Remodeled, Lighting - Overhead
LevelFirst
24 Cabot # 1, Salem MA 01970
Salem, MA 01970
$379,000
$378,000
Est. $2,891/month
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About this home
Location Location! Turn-key, first floor, sunny, 2 BR, 1BA pet friendly condo ready for it's new owner. Beautiful urban oasis seamlessly combining original character details with modern updates. Featuring lots of natural light, granite & stainless kitchen, renovated bathroom, crystal lights, new vinyl tile floors in the kitchen and bath, gleaming hardwood floors in the bedrooms and living room and high ceilings throughout. In-unit washer/dryer hookups. Condo fee includes heat and hot water. Wait there's more! A deeded oversized garage bay with automatic opener. Park 1 or 2 small cars. Use as an art studio with ample storage. Private backdoor entrance. Fabulous location in the heart of Salem. Close proximity to shops and restaurants, the MBTA train to Boston, Salem State, waterfront parks and so much more. Stop paying rent and start gaining equity. Some defered maintenance in the exterior and low reserves. Get involved in this welcoming complex. A fantastic opportunity for savvy buyers to get into the hot Salem market at a great price. 100% owner occupied. Private showings require 24 hr notice. OH 8/24 Monday 4-5:30
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Property History
Market Insights
1
Price Changes
0.3%
Price Range
Property Timeline
Price Reduced
Aug 31, 2026
$378,000
$1,000
(-0.26%)
From $379,000 to $378,000 (-0.3%)
Showing Instructions Updated
Aug 22, 2026
New showing requirements
Back On Market
Aug 22, 2026
Active
Status: Active under contract
Aug 17, 2026
Active → Active Under Contract
Listed for Sale
Aug 13, 2026
$379,000
Original listing
Agent: Carol Henriquez
Office: Coldwell Banker Realty - Cambridge
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/31/2026 | ↓ Price Reduced | $378,000 | $1,000 | - | From $379,000 to $378,000 (-0.3%) |
| 08/22/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 08/22/2026 | • Back On Market | - | - | - | Active |
| 08/17/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 08/13/2026 | 🏠 Listed for Sale | $379,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $3,954 | $366,800 |
Financial Details
Annual Property Tax
$3,954
Tax Year 2026
HOA Fee
$450
Monthly
Assessed Value
$366,800
Facts & Features
2 Car Garage
Home Facts
Type
Residential
Style
Condominium
Year Built
1870
Living Area
920 sq ft
Lot Size
0.11 acres
Stories
1
Bedrooms
2
Full Baths
1
Total Rooms
4
Interior
Heating
Hot Water, Oil
Cooling
Window Unit(s)
Flooring
None
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
Y
Laundry
Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
Detached, Garage Door Opener, Storage, Deeded, Off Street, Paved
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$3,954
Assessed Value
$366,800
HOA & Community
HOA Fee
$450 Monthly
Fee Includes
Heat, Water, Sewer, Insurance
Amenities
Hot Water
Optional Fee Includes
None
Owner-Occupied Units
4
Down Payment Resource
Eligible
Pets
Yes
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Some Tlc Needed To The Exterior Of The Home. Condo Reserves Are Low. Association Installed A New Heating System And Used Reserves. Beginning To Save For Other Projects.
Exclusions
Combo Washer And Dryer Is Negotiable
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["2/3 Family"]
Unit/Building
1
Sq Ft Source
Measured
Documents
Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements, Certificate Of Insurance (5)
County
Essex
Total market time (incl. prior listings)
19 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1870
Bedrooms
2
Full Bathrooms
1
Living Area
920 sq ft
Total Rooms
4
Stories
1
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Finished Area
920 sq ft above grade
FeaturesCloset, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead
LevelFirst
FeaturesCloset, Flooring - Hardwood, Lighting - Overhead
LevelFirst
FeaturesFlooring - Hardwood, Lighting - Overhead
LevelFirst
FeaturesCloset, Flooring - Hardwood, French Doors, Lighting - Overhead
LevelFirst
FeaturesNo
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:
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement:
Y
Laundry:
Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:
Construction & Materials
Year Built:
1870
Effective Year (Renovated):
2009
Structure Type:
2/3 Family
Exterior Materials:
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Hot Water, Oil
Heating Zones:
1
Cooling:
Window Unit(s)
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:
2
Total Parking Spaces:
4
Parking Features:
Detached, Garage Door Opener, Storage, Deeded, Off Street, Paved
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
0.2 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
C
Horace Mann Laboratory School
0.8 mi
|
#654 of 825
|
Score: 38.1
Improved 67 spots from last year
-20.1 below state avg
320 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
The Phoenix School
0.9 mi
Grades PK-08
Middle Schools
3 schools
B-
Collins Middle School
0.5 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
1.6 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
A-
Marblehead Veterans Middle School
2.0 mi
|
#88 of 352
|
Score: 50.8
Dropped 35 spots from last year
-7.4 below state avg
347 students
Moderate
Grades 07-08
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
0.9 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
A-
Marblehead High School
2.0 mi
|
#82 of 346
|
Score: 62.5
Dropped 39 spots from last year
+4.3 above state avg
807 students
Moderate
20 sports
• 2,426 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$330
Homeowners Insurance
$200
HOA Fee
$450/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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$0
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$0
Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
24 Cabot # 1, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Carol Henriquez
Listing Office
Coldwell Banker Realty - Cambridge
Office Phone
617-864-4430
Agent MLS ID
BB809921
Office MLS ID
AN6200
Listing Data Updated
Aug 31, 2026 5:54 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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