3 S Mason St, Salem MA 01970

Salem, MA 01970
$1,250,000
Est. $6,987/month
0.55
Acres
238
Days on Market
Sale Pending Listed Oct 12, 2022 • MLS# 73047208 Copied! • Updated Jul 31, 2026

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About this home

Bring your offers... All reasonable offers will be considered. Just over one-half acre lot zoned BPD (Business Park Development), offering mixed-use flexibility. Ideal location, minutes from downtown Salem, commuter rail, easy access to North Shore Mall, routes 1 & 95. MA Chapter 91 authorization is required.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Oct 12, 2022
$1,250,000
Original listing
Agent: The Lopes Group Office: J. Barrett & Company
🏠
Listed for Sale
Oct 12, 2022
$1,250,000
Original listing
Agent: The Lopes Group Office: J. Barrett & Company

Tax History

Year Taxes Assessment
2022 $5,596 $212,700

Financial Details

Annual Property Tax
$5,596
Tax Year 2022
Assessed Value
$212,700

Facts & Features

Home Facts

Type Land
Lot Size 0.55 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric On-site
Water Public
Sewer At Street
Gas At Street
Other None
Annual Tax $5,596
Assessed Value $212,700
Seller Disclosures Seller/sellers Agents Make No Warranties/representations, Buyer/buyers Agent Responsible For Due Diligence. Property Will Require Ma Chapter 91 Authorization.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex
Total market time (incl. prior listings) 240 days

Property Overview

Listing Type
Sale Pending

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: At Street
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features:

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River, 1/2 to 1 Mile To Beach
Community Amenities:
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
0.5 mi
Grades PK-08
B+
Bates School
0.7 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-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

3 schools
C+
Collins Middle School
0.7 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
C+
J. Henry Higgins Middle School
2.0 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
B+
Village School
2.3 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
1.0 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
Bishop Fenwick High School
1.2 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.4 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
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Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $466
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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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.

Location

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Neighborhood

3 S Mason St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent The Lopes Group
Listing Office J. Barrett & Company
Office Phone 978-922-3683
Agent MLS ID TM326374
Office MLS ID AC2087
Listing Data Updated Jul 31, 2026 6:06 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
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