42 Broad Street # 4, Salem MA 01970

Salem, MA 01970

$493,000

Beds

Baths

1,060

Sq Ft

$465

Price/Sq Ft

0.00

Acres

1900

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Jan 14, 2025 • MLS# 73325810 Copied! • Updated Mar 26, 2025

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Sale Statistics

Sale Overview

Original List Price: $499,900

                            Final Sale Price:
                            $493,000
                        

Difference: $6,900 (-1.4%)

Performance Metrics

98.6%

List to Sale Ratio

Sold below asking price

Days on Market

Average time

Price per Square Foot Analysis

Original $/sq ft: $472

                            Sale $/sq ft:
                            $465
                        

This property sold for $465 per square foot

Sale Summary

This property sold for 1.4% below the original asking price.

The property spent 48 days on market before selling.

Nearby Sales Comparison

Based on 32 similar properties sold within 0.5 miles in the last 90 days

This Property

$465/sq ft

Area Median

$383/sq ft

Difference

+21.4%

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

About this home

This bright spacious two bedroom condo is located on a wide residential boulevard conveniently located within blocks to downtown Salem, the Historic Federal McIntire District, as well as close to the major highways and train station for commuting. Newly installed windows throughout for efficient heat lend to the bright rooms with high ceilings. Two very large bedrooms, the main bedroom with full bath and double closets, in-unit laundry, spacious walk-in entry closet, large living room and eat-in kitchen with sliding doors to a private deck complete this unit. The unit also offers a storage room and two deeded parking spaces in the rear of the property. New Heating system and new hot water heater installed second week of January 2025. Solid HOA and management company make this a rare opportunity for a buyer to have all the amenities Salem has to offer. As a resident, many free passes to museums, sandy beaches and harbor. See Firm Remarks regarding offers.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

54.2%

Price Range

Total Days on Market

Previous Sales

Property Timeline

✓

Sold

Mar 25, 2025

$493,000

Property sold

Days on Market: 49

🏠

Listed for Sale

Jan 14, 2025

$499,900

Original listing

Agent: Debra Goldberg Office: William Raveis R.E. & Home Services

Previous Transaction - MLS #71054744

Full transaction history available when tracking began

🏷️

Previously Sold

Aug 13, 2010

$229,000

MLS #71054744

View Listing →

Date	Event	Price	Change	$/sqft	Details
03/25/2025	✓ Sold	$493,000	-	-	Property sold
01/14/2025	🏠 Listed for Sale	$499,900	-	-	Original listing
08/13/2010	🏷️ Previously Sold	$229,000	-	-	MLS #71054744

Tax History

Year	Taxes	Assessment
2025	$4,847	$427,400

Financial Details

Annual Property Tax

$4,847

Tax Year 2025

HOA Fee

$317

Per month

Assessed Value

$427,400

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 1,060 sq ft

Lot Size 0.0000

Bedrooms 2

Full Baths 2

Total Rooms 4

Interior

Heating Baseboard

Cooling None

Flooring Wood, Vinyl, Carpet

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Fireplace None

Basement Y

Laundry Laundry Closet, Second Floor

Features Walk-in Closet(s)

Exterior

Construction None

Architecture None

Roof Slate

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Total Spaces 2

Utilities

Electric Circuit Breakers, 200+ Amp Service

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $4,847

Assessed Value $427,400

HOA & Community

HOA Fee $317

Fee Includes Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Amenities Storage

Optional Fee Includes None

Owner-Occupied Units 6

MA Disclosures

Seller Disclosures Room Sizes Approximate- Square Footage By Assessors.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Mid-Rise"]

Unit/Building 4

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 49 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

1,060 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Vinyl, Carpet

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Interior Features: Walk-In Closet(s)

Windows: Insulated Windows

Basement: Y

Laundry: Laundry Closet, Second Floor

Security:

Construction & Materials

Year Built: 1900

Structure Type: Mid-Rise

Exterior Materials:

Roof: Slate

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard

Heating Zones: 1

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features: Thermostat

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

42 Broad Street # 4, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Debra Goldberg

Listing Office William Raveis R.E. & Home Services

Office Phone 781-631-1199

Agent MLS ID C4462832

Office MLS ID M95385

Listing Data Updated Mar 26, 2025 12:31 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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mail@steve-novak.com

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