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289 Essex St # 308, Salem MA 01970

Salem, MA 01970
$435,000
Est. $3,032/month
1
Beds
1
Baths
722
Sq Ft
$602
Price/Sq Ft
1987
Year Built
Condominium
Type
20
Days on Market
Active Open House Listed Mar 5, 2026 • MLS# 73483021 Copied!

About this home

Live in the center of it all! Sunny Third Floor condo in the heart of Downtown Salem with Deeded Garage Parking, Storage & Elevator. Enjoy views of Crombie & Essex St from its picture window featuring; Sedona Maple wood floors, Maple cabinets, Granite, NEW SS appliances & central A/C. EV charging stations are right outside, along with additional parking. Stroll to Restaurants, Shops, Parks, Museums, Cafés, Cinema, Commuter Rail to Boston and the Salem Ferry. This Historic & vibrant city offers top ranked walkability, waterfront attractions @Salem Willows Park, Winter Island Beach, Pickering Wharf & a variety of entertainment like outdoor dining, street fairs, boat rides & farmers markets. Residents also enjoy free admission to the Peabody Essex Museum & The House of the Seven Gables. There's always something to celebrate here!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
1
Full Bathrooms
1
Living Area
722 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Open House Schedule

28
Mar
Saturday, March 28
11:30 AM - 1:00 PM EDT

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 722 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry First Floor, In Building
Features Elevator

Exterior

Construction Brick
Architecture None
Roof Rubber

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Deeded, Off Street
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,223
Assessed Value $372,400

Interior Features

Flooring: Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Elevator
Windows:
Basement: N
Laundry: First Floor, In Building
Security: Intercom

Construction & Materials

Year Built: 1987
Effective Year (Renovated): 2005
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Deeded, Off Street

Location

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Neighborhood

289 Essex St # 308, Salem MA 01970

Salem, MA 01970

Walkability

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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
E

Elementary Schools

3 schools
The Phoenix School
0.6 mi
Grades PK-08
B-
Saltonstall School
0.6 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B-
Carlton School
0.8 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
M

Middle Schools

2 schools
C+
Collins Middle School
0.6 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Village School
2.0 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

3 schools
B+
Salem Academy Charter School
0.7 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.2 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 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
1.5 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $352
Homeowners Insurance $200
HOA Fee $280/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

•
Back On Market
Mar 20, 2026
Active
⏳
Pending Sale
Mar 13, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Mar 5, 2026
$435,000
Original listing
Agent: Karen L. Ferro Office: StartPoint Realty

Price & Status History

Date Event Price Change
Mar 5, 2026 New Listing Added $435,000 —

Market Statistics

Days on Market
20 days
Price per Sq Ft
$602

Tax History

Year Taxes Assessment
2026 $4,223 $372,400

Financial Details

Annual Property Tax
$4,223
Tax Year 2026
HOA Fee
$280
Monthly
Assessed Value
$372,400

Listing Information

Listing Agent Karen L. Ferro
Listing Office StartPoint Realty
Agent MLS ID C8001678
Office MLS ID AN5803
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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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Steven Novak

Steven Novak

BMN Boston Real Estate

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