LevelSecond
36-38 Fairmount Street # 2, Salem MA 01970
Salem, MA 01970
$525,000
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Sale Statistics
Sale Overview
Original List Price:
$499,000
Final Sale Price:
$525,000
Difference:
+$26,000 (+5.2%)
Performance Metrics
105.2%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$551
Sale $/sq ft:
$579
This property sold for $579 per square foot
Sale Summary
This property sold for 5.2% above the original asking price, indicating strong buyer demand.
With only 16 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 5 similar properties sold within 0.5 miles in the last 90 days
This Property
$579/sq ft
Area Median
$431/sq ft
Difference
+34.2%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
Welcome to your dream condo located on a quiet, side street in North Salem. Beautifully renovated to the studs in 2021, this 2 bedroom, 1.5 bathroom 906 sq ft home offers the perfect blend of modern amenities & classic charm. As you enter, you are greeted by sky high ceilings, gorgeous hardwood floors, beautiful moldings, oversized windows & a cozy gas fireplace. This open concept space opens to a dining area with bay windows & a stunning stainless steel kitchen with peninsula - perfect for gathering around. The well equipped kitchen features quartz countertops, a subway tile backsplash, plenty of cabinets and premium stainless steel appliances. Each bedroom offers ample closet space and tub/shower combo is a nice feature of the full bathroom. Other amenities include central AC, assigned parking for one car, locked/private/deeded basement storage, in unit laundry and common outdoor space. Located close to Kernwood Golf Course, shopping, highways, restaurants and public transportation!
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Recently Sold Nearby
Property History
Market Insights
5%
Price Range
17
Total Days on Market
Property Timeline
Sold
Aug 22, 2025
$525,000
Property sold
Days on Market: 17
Listed for Sale
Jul 8, 2025
$499,000
Original listing
Agent: Willis + Tierney
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/22/2025 | ✓ Sold | $525,000 | - | - | Property sold |
| 07/08/2025 | 🏠 Listed for Sale | $499,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,391 | $475,400 |
Financial Details
Annual Property Tax
$5,391
Tax Year 2025
HOA Fee
$192
Monthly
Assessed Value
$475,400
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1900
Living Area
906 sq ft
Bedrooms
2
Full Baths
1
Half Baths
1
Total Rooms
5
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Vinyl, Laminate
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Fireplaces
1
Basement
Y
Laundry
Second Floor, In Unit, Electric Dryer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Porch, Screens, Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Off Street, Assigned, Paved
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven, For Electric Dryer
Financial
Annual Tax
$5,391
Assessed Value
$475,400
HOA & Community
HOA Fee
$192 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Snow Removal
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
3
MA Disclosures
Seller Disclosures
Assigned Parking Is #2.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
2
Sq Ft Source
Field Card
Documents
Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (7)
County
Essex
Total market time (incl. prior listings)
17 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
906 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
906 sq ft above grade
LevelSecond
LevelSecond
LevelSecond
LevelSecond
LevelSecond
LevelSecond
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
KKitchen (1)
BABathroom (4)
BRBedroom (5)
DDining (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:
Vinyl, Laminate
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Screens
Basement:
Y
Laundry:
Second Floor, In Unit, Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1900
Effective Year (Renovated):
2021
Structure Type:
Mid-Rise
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch, Screens, Rain Gutters
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Off Street, Assigned, Paved
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
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
Elementary Schools
9 schools
The Phoenix School
0.9 mi
Grades PK-08
The Greenhouse School
2.5 mi
Grades PK-08
B+
Bates School
0.1 mi
|
#319 of 825
|
Score: 50.0
Improved 260 spots from last year
-8.2 below state avg
415 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B-
Carlton School
0.8 mi
|
#470 of 825
|
Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students
Diverse
Diverse Student Body
Grades K-05
B
Witchcraft Heights School
1.3 mi
|
#340 of 825
|
Score: 49.4
Improved 210 spots from last year
-8.8 below state avg
465 students
Diverse
Rising School
Diverse Student Body
Grades K-05
C+
Bentley Academy Innovation School
1.4 mi
|
#531 of 825
|
Score: 43.7
Improved 180 spots from last year
-14.5 below state avg
277 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.4 mi
107 students
Diverse
Diverse Student Body
Grades PK
C+
Saltonstall School
1.6 mi
|
#525 of 825
|
Score: 43.9
Improved 43 spots from last year
-14.3 below state avg
267 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
C
Horace Mann Laboratory School
1.8 mi
|
#654 of 825
|
Score: 38.1
Improved 67 spots from last year
-20.1 below state avg
320 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
1 school
B-
Collins Middle School
1.3 mi
|
#203 of 352
|
Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
1.6 mi
|
#141 of 346
|
Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B+
Salem High School
1.9 mi
|
#124 of 346
|
Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 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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Location
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Neighborhood
36-38 Fairmount Street # 2, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Willis + Tierney
Listing Office
Compass
Office Phone
781-534-9229
Agent MLS ID
TM352050
Office MLS ID
AN6818
Listing Data Updated
Aug 22, 2025 3:46 PM EDT
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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