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304 Essex St # 1, Salem MA 01970

Salem, MA 01970 • Downtown
$475,000
Est. $3,540/month
2
Beds
2
Baths
1,044
Sq Ft
$455
Price/Sq Ft
0.05
Acres
1800
Year Built
Condominium
Type
83
Days on Market
Pending Price Drop -$65,000 Listed Jul 14, 2025 • MLS# 73403962 Copied!

About this home

Great value! Do you love Salem? Close in time for the exciting Fall activities! Opportunity to own affordable condo in heart of downtown Salem, 2BED, 2FULL BATH, unique 3-levels, corner unit. Private entry staircase leads to bright, sun-lit rooms, historic charm w/ exposed brick, soaring hi ceilings, original wooden beams, exposed metal ductwork. Beautiful wood floors. Open-concept kitchen features floor-to-ceiling cabinetry, quartz countertops, stainless steel appliances. Next level offers 2nd bedroom, FULL bath, in unit laundry. Top floor primary suite w/ walk-in closet &en-suite FULL bath.Oversized windows thru out, abundant natural light. Located corner North & Essex Street, steps to Witch House, short walk to Peabody Essex Museum, Wharf waterfront, Salem Ferry, 5 mins walk to MBTA, restaurants & only blocks to pubs w/ weekend live music. Vibrant walkable downtown neighborhood, perfect for those seeking urban lifestyle,. 2019 Bosch, hi efficiency, heat pump system.

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1800
Bedrooms
2
Full Bathrooms
2
Living Area
1,044 sq ft
Total Rooms
4
Stories
3
Entry Level
2

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1800
Living Area 1,044 sq ft
Lot Size 0.05 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Heat Pump, Electric, Air Source Heat Pumps (ashp)
Cooling Central Air, Heat Pump, Air Source Heat Pumps (ashp)
Flooring Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Third Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction None
Architecture None
Roof Shingle, Rubber
Features City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Rented
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer

Financial

Annual Tax $5,086
Assessed Value $448,500

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Third Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1800
Effective Year (Renovated): 2005
Structure Type: Mid-Rise
Exterior Materials:
Roof: Shingle, Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric, Air Source Heat Pumps (ASHP)
Heating Zones: 2
Cooling: Central Air, Heat Pump, Air Source Heat Pumps (ASHP)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Rented

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Private School

Location

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Neighborhood

Downtown

304 Essex St # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

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 $424
Homeowners Insurance $200
HOA Fee $515/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

Property Timeline

🏠
Listed for Sale
Jul 14, 2025
$475,000
Original listing
Agent: Andrea Dodge Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Jul 14, 2025 New Listing Added $475,000 —

Market Statistics

Days on Market
83 days
Price per Sq Ft
$455
Total Price Drop
-$65,000

Tax History

Year Taxes Assessment
2025 $5,086 $448,500

Financial Details

Annual Property Tax
$5,086
Tax Year 2025
HOA Fee
$515
Monthly
Assessed Value
$448,500

Listing Information

Listing Agent Andrea Dodge
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID CT002848
Office MLS ID AN6221
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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