20 Central St # 405, Salem MA 01970

Salem, MA 01970 • Downtown
$569,900
2
Beds
2
Baths
1,387
Sq Ft
$411
Price/Sq Ft
1980
Year Built
1
Garage Space
86
Days on Market
Sold 2025 Listed Jun 9, 2025 • MLS# 73387704 Copied! • Updated Oct 10, 2025

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Sale Statistics

Sale Overview
Original List Price: $589,900
Final Sale Price: $569,900
Difference: $20,000 (-3.4%)
Performance Metrics
96.6%
List to Sale Ratio
Sold below asking price
86
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $425
Sale $/sq ft: $411
This property sold for $411 per square foot
Sale Summary

This property sold for 3.4% below the original asking price.

The property spent 86 days on market before selling.

Nearby Sales Comparison

Based on 47 similar properties sold within 0.5 miles in the last 90 days

This Property
$411/sq ft
Area Median
$467/sq ft
Difference
12.0%

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

About this home

Welcome to this updated PH unit in the desirable Central Plaza complex located in the heart of downtown Salem. Unit is in close proximity to public trans., MBTA, shops, restaurants, Salem waterfront, inc. the ferry to Boston & all downtown Salem has to offer. Unit features 2 BR with ceiling fans, 2 fully renovated baths w/an open concept kitchen/LR & DR area. Kitchen has a large walk in pantry, granite counter tops and SS appliances. The LR/DR has hardwood floors, wood FP and sliders that open to a balcony. The main BR has a main bath, a lg walk in closet and slider which opens to a 2nd balcony. A lg portion of the unit as well as the 2 balconies were recently painted. The unit also features a newer water heater, newer windows, combination washer/dryer and in unit storage. There is also a storage unit, #31, in the basement and 1 assigned garage parking space #26 easily accessible by elevator. Don't miss this opportunity to enjoy what downtown Salem has to offer!

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Recently Sold Nearby

Price & Status History

Market Insights

87
Total Days on Market

Property Timeline

✓
Sold
Oct 10, 2025
$569,900
Property sold
Days on Market: 87
🏠
Listed for Sale
Jun 9, 2025
$569,900
Original listing
Agent: Catherine Ratcliffe Office: Homesmart Success Realty

Tax History

Year Taxes Assessment
2025 $5,765 $508,400

Financial Details

Annual Property Tax
$5,765
Tax Year 2025
HOA Fee
$530
Monthly
Assessed Value
$508,400

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,387 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump
Cooling Heat Pump
Flooring Tile, Marble, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry First Floor, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Assigned, Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $5,765
Assessed Value $508,400

HOA & Community

HOA Fee $530 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Laundry, Elevator(s), Storage
Optional Fee Includes None
Seller Disclosures Room Measurements Are Approx. Buyer And Buyers Agent Must Verify All Information And Perform Their Own Due Diligence. Seller Reserves The Right To Accept An Offer At Any Time. Parking Is Limited At The Property. Use The Nearby Public Lot Or Meter Parking At Klop Alley.
Exclusions See Paperclip
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 405
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)
County Essex
Total market time (incl. prior listings) 87 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,387 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Floor Layout

Interior Features

Flooring: Tile, Marble, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Interior Features:
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

Utilities & Systems

Heating: Heat Pump
Cooling: Heat Pump
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Assigned, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
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 Phoenix School
0.8 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
C+
Saltonstall School
0.5 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
B-
Carlton School
0.8 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
C+
Bentley Academy Innovation School
0.9 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
0.9 mi
107 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
1.1 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
C
Horace Mann Laboratory School
1.3 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
B
Witchcraft Heights School
1.4 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
M

Middle Schools

1 school
B-
Collins Middle School
0.8 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
0.5 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
1.4 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

Downtown

20 Central St # 405, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Catherine Ratcliffe
Listing Office Homesmart Success Realty
Office Phone 603-932-9300
Agent MLS ID CN225924
Office MLS ID AN6978
Listing Data Updated Oct 10, 2025 3:45 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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