Dimensions9 x 6
FeaturesBathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
LevelMain,First
3 Preston Rd # 1, Salem MA 01970
Salem, MA 01970 • South Salem
$529,900
$479,900
Est. $3,284/month
Track this home for price, status, and open-house alerts.
About this home
Welcome To 3 Preston Road! Like Brand New! This Designer Condo Was Completely Renovated in 2020! Open Concept Living And Dining Area Features Hardwood Floors And Flows Seamlessly Into Gorgeous Chef's Kitchen Complete With Stainless Steel Appliances, Gas Cooking, Granite Countertops, A Kitchen Island! Generous Cabinet And Counter Space Perfect For Both Everyday Living And Entertaining! Completing The Home Are Three Spacious Bedrooms, A Remodeled Luxury Full Bathroom, And In-Unit Laundry, Offering A Comfortable And Well-Designed Layout. Additional Highlights Include Assigned Driveway Parking Spaces, Exclusive Use Of The Back Porch, Additional Exclusive Basement Storage, And Access To A Private Common Outdoor Area. Low Condo Fee Includes Master Insurance And Common Electric. Conveniently Located Near Restaurants, Salem State College, Salem Hospital, Downtown, Parks, Public Transportation, And More!
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
2
Price Changes
9.4%
Price Range
Property Timeline
Status: Active under contract
Jul 29, 2026
Active → Active Under Contract
Pending Sale
Jul 29, 2026
Offer accepted, sale pending
Price Reduced
Jul 8, 2026
$479,900
$20,100
(-4.02%)
From $500,000 to $479,900 (-4.0%)
Price Reduced
Jun 3, 2026
$500,000
$29,900
(-5.64%)
From $529,900 to $500,000 (-5.6%)
Listed for Sale
May 15, 2026
$529,900
Original listing
Agent: Colleen Toner
Office: Toner Real Estate, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/29/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/08/2026 | ↓ Price Reduced | $479,900 | $20,100 | - | From $500,000 to $479,900 (-4.0%) |
| 06/03/2026 | ↓ Price Reduced | $500,000 | $29,900 | - | From $529,900 to $500,000 (-5.6%) |
| 05/15/2026 | 🏠 Listed for Sale | $529,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,889 | $431,100 |
Financial Details
Annual Property Tax
$4,889
Tax Year 2025
HOA Fee
$250
Monthly
Assessed Value
$431,100
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1930
Living Area
1,000 sq ft
Lot Size
0.10 acres
Stories
1
Bedrooms
3
Full Baths
1
Total Rooms
6
Interior
Heating
Baseboard, Natural Gas
Cooling
Window Unit(s)
Flooring
Tile, Hardwood
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
First Floor, In Unit
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Porch, Fenced Yard, Garden, Rain Gutters
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch
Parking
Features
Off Street, Tandem
Total Spaces
2
Utilities
Electric
100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$4,889
Assessed Value
$431,100
HOA & Community
HOA Fee
$250 Monthly
Fee Includes
Electricity, Water, Insurance
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
2
Pets
Yes
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["2/3 Family"]
Unit/Building
1
Sq Ft Source
Public Record
Sq Ft Disclosures
measurements are approximate
Documents
Master Deed, Unit Deed, Rules & Regs, Master Plan, Management Association Bylaws, Floor Plans (6)
County
Essex
Total market time (incl. prior listings)
90 days
Property Overview
Property Type
Condominium
Listing Type
Sale Pending
Year Built
1930
Bedrooms
3
Full Bathrooms
1
Living Area
1,000 sq ft
Total Rooms
6
Stories
1
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,000 sq ft above grade
Dimensions12.5 x 8
FeaturesCloset, Flooring - Hardwood
LevelFirst
Dimensions13.5 x 23.2
FeaturesFlooring - Hardwood, Open Floorplan
LevelMain,First
Dimensions13.5 x 23.2
FeaturesFlooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
LevelMain,First
Dimensions12.5 x 11.5
FeaturesCloset, Flooring - Hardwood
LevelFirst
Dimensions13.5 x 11.11
FeaturesFlooring - Hardwood, Open Floorplan
LevelMain,First
Dimensions12.5 x 11.5
FeaturesCloset, Flooring - Hardwood
LevelFirst
Display Options
Outdoor Areas
Patio & porchPorch
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:
Tile, Hardwood
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement:
Y
Laundry:
First Floor, In Unit
Security:
Construction & Materials
Year Built:
1930
Structure Type:
2/3 Family
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch, Fenced Yard, Garden, Rain Gutters
Patio & Porch:
Porch
Fencing:
Fenced
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street, Tandem
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
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$407
Homeowners Insurance
$200
HOA Fee
$250/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
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.
Location
Loading map...
Neighborhood
South Salem
3 Preston Rd # 1, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Colleen Toner
Listing Office
Toner Real Estate, LLC
Office Phone
781-780-9054
Agent MLS ID
C1541120
Office MLS ID
AC1714
Listing Data Updated
Aug 12, 2026 3:05 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
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Salem.