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5 Larchmont Road # 3, Salem MA 01970

Salem, MA 01970
$429,000
$415,000
Est. $2,829/month
2
Beds
1
Baths
805
Sq Ft
$516
Price/Sq Ft
1925
Year Built
42
Days on Market
Pending Price Drop -$14,000 Listed Nov 5, 2025 • MLS# 73451379 Copied! • Updated Dec 18, 2025

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!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠
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

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
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
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
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
Seller Disclosures Up To 2 Cats Allowed.
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
For Sale
Year Built
1925
Bedrooms
2
Full Bathrooms
1
Living Area
805 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Kitchen
Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
Bedroom2
Walk-In Closet(s), Flooring - Hardwood
Living Room
Flooring - Hardwood, Recessed Lighting
Master Bedroom
Closet, Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

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.

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 $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

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.

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 Dec 18, 2025 9:43 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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