56 Ward St # 3B, Salem MA 01970

Salem, MA 01970
$335,000
Est. $2,431/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1
Baths
1,056
Sq Ft
$317
Price/Sq Ft
1915
Year Built
119
Days on Market
For Sale Listed May 13, 2026 • MLS# 73518468 Copied! • Updated Sep 8, 2026

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About this home

Exceptional value in historic Salem at one of the lowest price per square foot values currently on the market. This 2 bedroom, 1 bath unit is ideally located just minutes from vibrant downtown Salem, Pickering Wharf, restaurants, shops, and the waterfront. The unit is a rear unit, providing added privacy. The roof and deck were updated just a few years ago, and a new heating system offers additional peace of mind. The surrounding area is undergoing significant revitalization, including new waterfront condos and retail development directly across the street, bringing even more value and energy to the neighborhood. Enjoy exceptional convenience and coastal charm, with Bluebikes less than a minute away and the commuter rail just a short walk from your door. Whether you're looking for a primary residence, an investment property, or an opportunity to get into one of the North Shore's most sought after cities, this property offers incredible value in a rapidly growing location.

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Property History

Market Insights

Property Timeline

🏠
Listed for Sale
May 13, 2026
$335,000
Original listing
Agent: Victor Paulino Office: Engel & Volkers By the Sea
🏠
Listed for Sale
May 13, 2026
$335,000
Original listing
Agent: Victor Paulino Office: Engel & Volkers By the Sea

Tax History

Year Taxes Assessment
2026 $2,539 $223,900

Financial Details

Annual Property Tax
$2,539
Tax Year 2026
HOA Fee
$325
Monthly
Assessed Value
$223,900

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1915
Living Area 1,056 sq ft
Stories 1
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Wood, Tile
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry Third Floor, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof Shingle
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
Annual Tax $2,539
Assessed Value $223,900

HOA & Community

HOA Fee $325 Monthly
Fee Includes Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Pets Yes w/ Restrictions
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 3B
Sq Ft Source Public Record
Documents Master Deed (1)
County Essex
Total market time (incl. prior listings) 57 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1915
Bedrooms
2
Full Bathrooms
1
Living Area
1,056 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Third Floor, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1915
Structure Type: Low-Rise
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck
Patio & Porch: Deck
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 $212
Homeowners Insurance $200
HOA Fee $325/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

56 Ward St # 3B, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Victor Paulino
Listing Office Engel & Volkers By the Sea
Office Phone 978-865-1168
Agent MLS ID CN206394
Office MLS ID AN4733
Listing Data Updated Sep 8, 2026 10:59 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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Steve Novak Real Estate
Steve Novak Real Estate
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