5 Larchmont Road # 3, Salem MA 01970

Salem, MA 01970

$415,000

Est. $2,829/month

Beds

Baths

805

Sq Ft

$516

Price/Sq Ft

1925

Year Built

Condominium

Type

Days on Market

Active Price Drop -$14,000 Listed Nov 5, 2025 • MLS# 73451379 Copied!

About this home

Newly Priced! Located in a beautiful, tree lined North Salem neighborhood, and only a short distance to the MBTA commuter rail, this bright and comfortable penthouse condo is ready for its new owner. Enjoy an eat-in kitchen with granite countertops, a generous pantry, and classic shaker style cabinetry. You'll appreciate the spacious primary bedroom, plus an additional room that offers seasonal water views—ideal for a home office, den, or guest room. Gorgeous hardwood floors and a freshly painted interior add to the home’s charm. The backyard provides an outdoor area for relaxing or entertaining. Bonuses include deep closets, extra basement storage, a low condo fee and ample street parking. Close to downtown Salem with its rich history and vibrant mix of restaurants, bars, boutiques and coffee shops. A home at this price, in this neighborhood is a rare find!

Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

1925

Bedrooms

Full Bathrooms

Living Area

805 sq ft

Total Rooms

Stories

Entry Level

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1925

Living Area 805 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 4

Interior

Heating Hot Water, Natural Gas

Cooling Window Unit(s)

Flooring Tile, Hardwood

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator

Fireplace None

Basement Y

Laundry In Basement, Common Area, In Building

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle, Rubber

Features Porch, Screens, Rain Gutters

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Features None

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $3,895

Assessed Value $343,500

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator

Interior Features:

Windows: Insulated Windows, Screens

Basement: Y

Laundry: In Basement, Common Area, In Building

Security:

Construction & Materials

Year Built: 1925

Effective Year (Renovated): 1986

Structure Type: 2/3 Family

Exterior Materials: Frame

Roof: Shingle, Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas

Heating Zones: 1

Cooling: Window Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Screens, Rain Gutters

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

5 Larchmont Road # 3, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School

Choice-Based

Rating information coming soon

Middle School

Collins Middle School

Rating information coming soon

High School

Salem High/Salem Prep

Rating information coming soon

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Down Payment

Down: $0

Interest Rate

Loan Term

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $325

Homeowners Insurance $200

HOA Fee $206/mo

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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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.

Property History

Property Timeline

🏠

Listed for Sale

Nov 5, 2025

$415,000

Original listing

Agent: Team Curtin - Tim & Jody Office: Leading Edge Real Estate

Date	Event	Price	Change	$/sqft	Details
11/05/2025	🏠 Listed for Sale	$415,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Nov 5, 2025	New Listing Added	$415,000	—

Market Statistics

Days on Market

31 days

Price per Sq Ft

$516

Total Price Drop

-$14,000

Tax History

Year	Taxes	Assessment
2025	$3,895	$343,500

Financial Details

Annual Property Tax

$3,895

Tax Year 2025

HOA Fee

$206

Monthly

Assessed Value

$343,500

Listing Information

Listing Agent Team Curtin - Tim & Jody

Listing Office Leading Edge Real Estate

Agent MLS ID TM001362

Office MLS ID AN7144

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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5 Larchmont Road # 3, Salem MA 01970

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

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Listed for Sale

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