5 Larchmont Road # 3, Salem MA 01970

Salem, MA 01970

$410,000

Beds

Baths

805

Sq Ft

$509

Price/Sq Ft

1925

Year Built

Condominium

Type

Days on Market

Sold Listed Nov 5, 2025 • MLS# 73451379 Copied! • Updated Jan 28, 2026

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Sale Statistics

Sale Overview

Original List Price: $429,000

                            Final Sale Price:
                            $410,000
                        

Difference: $19,000 (-4.4%)

Performance Metrics

95.6%

List to Sale Ratio

Sold below asking price

Days on Market

Average time

Price per Square Foot Analysis

Original $/sq ft: $533

                            Sale $/sq ft:
                            $509
                        

This property sold for $509 per square foot

Sale Summary

This property sold for 4.4% below the original asking price.

The property spent 42 days on market before selling.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property

$509/sq ft

Area Median

$419/sq ft

Difference

+21.6%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Located in a beautiful in-demand 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 easy 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!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

✓

Sold

Jan 28, 2026

Property sold

🏠

Listed for Sale

Nov 5, 2025

$415,000

Original listing

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

🏠

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
01/28/2026	✓ Sold	-	-	-	Property sold
11/05/2025	🏠 Listed for Sale	$415,000	-	-	Original listing
11/05/2025	🏠 Listed for Sale	$415,000	-	-	Original listing

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

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1925

Living Area 805 sq ft

Stories 1

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, 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

HOA & Community

HOA Fee $206 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Trash, Reserve Funds

Amenities Storage

Optional Fee Includes None

Owner-Occupied Units 2

Pets Yes w/ Restrictions

MA Disclosures

Lead Paint Unknown

Seller Disclosures Up To 2 Cats Allowed.

Additional Details

Possession None

Accepted Financing None

Structure Type ["2/3 Family"]

Unit/Building 3

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Rules & Regs (3)

County Essex

Total market time (incl. prior listings) 43 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1925

Bedrooms

Full Bathrooms

Living Area

805 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator

Interior Features:

Windows: Insulated Windows, Screens

Basement: Y

Laundry: In Basement, 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:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

5 Larchmont Road # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Team Curtin - Tim & Jody

Listing Office Leading Edge Real Estate

Office Phone 978-289-5860

Agent MLS ID TM001362

Office MLS ID AN7144

Listing Data Updated Jan 28, 2026 3:05 PM EST

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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mail@steve-novak.com

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