281 Essex Street # 201, Salem MA 01970

Salem, MA 01970
$290,000
2
Beds
2
Baths
1,241
Sq Ft
$234
Price/Sq Ft
2008
Year Built
1
Garage Space
Condominium
Type
105
Days on Market
Sold Listed Jan 31, 2008 • MLS# 70705591 Copied! • Updated Apr 1, 2025

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Sale Statistics

Sale Overview
Original List Price: $310,000
Final Sale Price: $290,000
Difference: $20,000 (-6.5%)
Performance Metrics
93.5%
List to Sale Ratio
Sold below asking price
105
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $250
Sale $/sq ft: $234
This property sold for $234 per square foot
Sale Summary

This property sold for 6.5% below the original asking price.

At 105 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 49 similar properties sold within 0.5 miles in the last 90 days

This Property
$234/sq ft
Area Median
$466/sq ft
Difference
49.8%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Salem's fastest selling new condo complex in downtown! ONLY 2 UNITS LEFT! This spacious loft style space offers fourteen foot ceilings and dramatic full walls of windows; open living and kitchen area with dining island. Cutting edge and modern living. Two bedrooms, two full baths and separate home office or media room. Dignified & Refined Urban Living. Come and see why they are selling so fast. $2,500 closing costs paid through builders preferred lender

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Recently Sold Nearby

Property History

Market Insights

47.3%
Price Range
106
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73420914
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 5, 2025
$550,000
MLS #73420914
View Listing →
✓
Sold
Jun 19, 2008
$290,000
Property sold
Days on Market: 106
🏠
Listed for Sale
Jan 31, 2008
$299,900
Original listing
Agent: Paul Herrick Office: Keller Williams Realty Evolution

Tax History

Year Taxes Assessment
2008 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2008
HOA Fee
$297
Per month
Assessed Value
$0

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2008
Living Area 1,241 sq ft
Stories 1
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Electric, Individual, Unit Control
Cooling Central Air, Heat Pump, Individual, Unit Control
Flooring Wood, Tile, Other, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Fireplace None
Basement Y
Laundry Second Floor
Features Office

Exterior

Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Common
Total Spaces 2
Electric Circuit Breakers
Water Public, City/town Water, City/town Sewer
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax 0.00
Assessed Value 0.00

HOA & Community

HOA Fee $297
Fee Includes Water, Sewer, Insurance, Snow Removal, Trash
Amenities Elevator(s), Storage
Optional Fee Includes None
Pets Yes
Lead Paint Unknown
Seller Disclosures Condo Fees & All Sizes/measurements Approx. Taxes Tbd
Possession None
Accepted Financing None
Structure Type ["Garden","Mid-Rise"]
Unit/Building 201
Sq Ft Source Unit Floor Plan
Documents Floor Plans (1)
County Essex
Total market time (incl. prior listings) 106 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
2008
Bedrooms
2
Full Bathrooms
2
Living Area
1,241 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood, Tile, Other, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Interior Features: Office
Windows: Insulated Windows
Basement: Y
Laundry: Second Floor
Security:

Construction & Materials

Year Built: 2008
Effective Year (Renovated): 2008
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Electric, Individual, Unit Control
Heating Zones: 1
Cooling: Central Air, Heat Pump, Individual, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public, City/Town Water, City/Town Sewer
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: Common

Nearby Schools

School information not available for this location.

Location

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Neighborhood

281 Essex Street # 201, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Paul Herrick
Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID C0540112
Office MLS ID C95098
Listing Data Updated Apr 1, 2025 4:46 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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