20 Central Street # 402, Salem MA 01970

Salem, MA 01970 • Downtown

$599,000

Beds

Baths

1,395

Sq Ft

$429

Price/Sq Ft

0.00

Acres

1980

Year Built

Garage Space

Condominium

Type

209

Days on Market

Sold Listed Apr 9, 2025 • MLS# 73357554 Copied! • Updated Dec 16, 2025

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Sale Statistics

Sale Overview

Original List Price: $749,000

                            Final Sale Price:
                            $599,000
                        

Difference: $150,000 (-20.0%)

Performance Metrics

80.0%

List to Sale Ratio

Sold below asking price

209

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $537

                            Sale $/sq ft:
                            $429
                        

This property sold for $429 per square foot

Sale Summary

This property sold for 20.0% below the original asking price.

At 209 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 50 similar properties sold within 0.5 miles in the last 90 days

This Property

$429/sq ft

Area Median

$472/sq ft

Difference

9.1%

This property sold near the area median for similar homes.

About this home

What sets this Salem condo apart begins with the deeded underground garage parking with direct interior access and elevator service—a rare and valuable convenience in the heart of downtown. From this prime location, you’re steps from Salem’s best restaurants, museums, shops, and entertainment, while enjoying the privacy and ease of a secure building. The unit itself is perfectly positioned to capture unobstructed views of historic Derby Square and the Old Town Hall—protected landmarks that guarantee the vistas will remain timeless. Large windows and two private decks invite natural light and frame these one-of-a-kind views, offering an urban backdrop unlike any other in Salem. Add in thoughtful updates, modern comforts, and the unmatched combination of garage parking and elevator access, and you have a residence that balances convenience, character, and lasting value in one of New England’s most celebrated cities.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

57.4%

Price Range

Previous Sales

Property Timeline

✓

Sold

Dec 15, 2025

Property sold

🏠

Listed for Sale

Apr 9, 2025

$599,000

Original listing

Agent: Amanda Armstrong Group Office: Compass

Previous Transaction - MLS #70965529

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 31, 2010

$255,000

MLS #70965529

View Listing →

Date	Event	Price	Change	$/sqft	Details
12/15/2025	✓ Sold	-	-	-	Property sold
04/09/2025	🏠 Listed for Sale	$599,000	-	-	Original listing
03/31/2010	🏷️ Previously Sold	$255,000	-	-	MLS #70965529

Tax History

Year	Taxes	Assessment
2025	$5,453	$480,900

Financial Details

Annual Property Tax

$5,453

Tax Year 2025

HOA Fee

$543

Monthly

Assessed Value

$480,900

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Condominium

Year Built 1980

Living Area 1,395 sq ft

Lot Size 0.0000

Bedrooms 2

Full Baths 2

Total Rooms 5

Interior

Heating Air Source Heat Pumps (ashp)

Cooling Air Source Heat Pumps (ashp)

Flooring Wood, Tile, Carpet, Flooring - Hardwood

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

Fireplace None

Basement N

Laundry First Floor, In Building, In Unit, Electric Dryer Hookup, Washer Hookup

Features Walk-in Closet(s), Lighting - Pendant, Entrance Foyer

Exterior

Construction Frame

Architecture None

Roof Rubber

Features Courtyard, Balcony, City View(s)

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Garage Spaces 1

Has Garage Yes

Features Under, Off Street, Deeded

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,453

Assessed Value $480,900

HOA & Community

HOA Fee $543 Monthly

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

Amenities Laundry, Elevator(s), Storage

Optional Fee Includes None

MA Disclosures

Seller Disclosures Heat Pump Both Heats And Cools Entire Unit Via Forced Air.

Additional Details

Possession None

Accepted Financing Contract

Structure Type ["Garden"]

Unit/Building 402

Sq Ft Source Public Record

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

County Essex

Total market time (incl. prior listings) 212 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1980

Bedrooms

Full Bathrooms

Living Area

1,395 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Hardwood

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

Interior Features: Walk-In Closet(s), Lighting - Pendant, Entrance Foyer

Windows: Insulated Windows

Basement: N

Laundry: First Floor, In Building, In Unit, Electric Dryer Hookup, Washer Hookup

Security: Intercom

Construction & Materials

Year Built: 1980

Structure Type: Garden

Exterior Materials: Frame

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Air Source Heat Pumps (ASHP)

Heating Zones: 1

Cooling: Air Source Heat Pumps (ASHP)

Cooling Zones: 1

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Courtyard, Balcony, City View(s)

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Garage Type: Attached

Total Parking Spaces: 1

Parking Features: Under, Off Street, Deeded

Special Features

View: Yes

View Type: City

Community Amenities: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Downtown

20 Central Street # 402, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Amanda Armstrong Group

Listing Office Compass

Office Phone 781-534-9229

Agent MLS ID TM337166

Office MLS ID AN6818

Listing Data Updated Dec 16, 2025 9:10 AM 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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