59 Leach St # 2, Salem MA 01970

Salem, MA 01970
$480,000
4
Beds
1.5
Baths
1,480
Sq Ft
$324
Price/Sq Ft
1920
Year Built
1
Garage Space
110
Days on Market
Sold Listed Oct 15, 2025 • MLS# 73444026 Copied! • Updated Mar 13, 2026

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Sale Statistics

Sale Overview
Original List Price: $529,900
Final Sale Price: $480,000
Difference: $49,900 (-9.4%)
Performance Metrics
90.6%
List to Sale Ratio
Sold below asking price
110
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $358
Sale $/sq ft: $324
This property sold for $324 per square foot
Sale Summary

This property sold for 9.4% below the original asking price.

At 110 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property
$324/sq ft
Area Median
$427/sq ft
Difference
24.1%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Incredible Opportunity!! Exceptionally Maintained 4 Bedroom, 1.5 Bathroom Condominium Just Steps From The Ocean and Vibrant Downtown Salem! Perfect For Owner Occupied or Investment, This Spacious Home Combines Historic Charm With Generous Square Footage and a Low Condo Fee! Sun-Filled Living Room Opens to the Formal Dining Room With Built-Ins and Gleaming Hardwood Floors. Large Eat-In Kitchen Features Gas Cooking, Granite Countertops, Stainless Steel Appliances and Ample Cabinetry. Serene Primary Suite With Half Bath. 3 Additional Bedrooms and a Full Tiled Bathroom Complete The Layout, Along With Convenient In-Unit Laundry. Enjoy Your Private Front Deck and The Recently Rebuilt Expansive 30ft Back Deck! 1-Car Garage and 1 Off-Street Parking Space Add Everyday Convenience. Minutes to Salem State University, Forest River Park With a Public Pool, Shops, Dining and More! Experience The Best Of Coastal Living and All That Salem Has To Offer In This Beautiful Home!

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Recently Sold Nearby

Property History

Market Insights

45%
Price Range
98
Total Days on Market
2
Previous Sales

Property Timeline

✓
Sold
Mar 12, 2026
$480,000
Property sold
Days on Market: 98
🏠
Listed for Sale
Oct 15, 2025
$499,900
Original listing
Agent: Anna Budai-Louf Office: Toner Real Estate, LLC
🏠
Listed for Sale
Oct 15, 2025
$499,900
Original listing
Agent: Anna Budai-Louf Office: Toner Real Estate, LLC
🏠
Listed for Sale
Oct 15, 2025
$499,900
Original listing
Agent: Anna Budai-Louf Office: Toner Real Estate, LLC
Previous Transaction - MLS #70347451
Full transaction history available when tracking began
🏷️
Previously Sold
May 30, 2006
$287,500
MLS #70347451
Previous Transaction - MLS #70177476
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 30, 2005
$275,000
MLS #70177476

Tax History

Year Taxes Assessment
2025 $4,703 $414,700

Financial Details

Annual Property Tax
$4,703
Tax Year 2025
HOA Fee
$230
Monthly
Assessed Value
$414,700

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,480 sq ft
Stories 1
Bedrooms 4
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Hot Water, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Slate
Features Porch, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Paved
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Annual Tax $4,703
Assessed Value $414,700

HOA & Community

HOA Fee $230 Monthly
Fee Includes Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Owner-Occupied Units 1
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["2/3 Family"]
Unit/Building 2
Sq Ft Source Public Record
Sq Ft Disclosures Measurements are approximate.
Documents Master Deed, Rules & Regs (2)
County Essex
Total market time (incl. prior listings) 98 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1920
Bedrooms
4
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,480 sq ft
Total Rooms
7
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: Internet Available - Broadband
Windows:
Basement: Y
Laundry: Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 1985
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Rain Gutters
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Off Street, Paved
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
E

Elementary Schools

9 schools
The Greenhouse School
1.0 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
C+
Saltonstall School
0.2 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
1.1 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
C+
Bentley Academy Innovation School
1.3 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
1.3 mi
107 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.4 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
1.6 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
B+
Bates School
1.8 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
M

Middle Schools

1 school
B-
Collins Middle School
0.9 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
H

High Schools

2 schools
B+
Salem Academy Charter School
0.4 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
1.2 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

59 Leach St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Anna Budai-Louf
Listing Office Toner Real Estate, LLC
Office Phone 781-780-9054
Agent MLS ID CN244762
Office MLS ID AC1714
Listing Data Updated Mar 13, 2026 6:01 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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