34 Forrester Street # 3, Salem MA 01970

Salem, MA 01970 • Downtown

$495,000

Beds

Baths

1,057

Sq Ft

$468

Price/Sq Ft

0.05

Acres

1900

Year Built

Condominium

Type

Days on Market

Sold Listed Sep 12, 2025 • MLS# 73430113 Copied! • Updated Oct 24, 2025

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Sale Statistics

Sale Overview

Original List Price: $489,000

                            Final Sale Price:
                            $495,000
                        

Difference: +$6,000 (+1.2%)

Performance Metrics

101.2%

List to Sale Ratio

Sold above asking price

Days on Market

Very fast sale

Price per Square Foot Analysis

Original $/sq ft: $463

                            Sale $/sq ft:
                            $468
                        

This property sold for $468 per square foot

Sale Summary

This property sold for 1.2% above the original asking price, indicating strong buyer demand.

With only 2 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 26 similar properties sold within 0.5 miles in the last 90 days

This Property

$468/sq ft

Area Median

$468/sq ft

Difference

+0.1%

This property sold slightly above the area median for similar homes.

About this home

Located in a prime Salem location just steps from Salem Common, this 3-bedroom condo blends modern updates with historic charm. Features include a spacious remodeled bathroom, in-unit laundry, ductless mini-splits for both heating and cooling, and a bonus room perfect for a home office or den. A new custom closet enhances the primary bedroom. A private deck provides an ideal outdoor space for relaxing or entertaining. Walking distance to the commuter rail, and ferry access to Boston! Plenty of on-street parking. This is a great opportunity to enjoy all that Salem has to offer! Open House this Sunday 9/14 from 11:00 am - 1:00 pm.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

61.6%

Price Range

Total Days on Market

Previous Sales

Property Timeline

✓

Sold

Oct 24, 2025

$495,000

Property sold

Days on Market: 3

🏠

Listed for Sale

Sep 12, 2025

$489,000

Original listing

Agent: Jeffrey Terlik Office: Keller Williams Realty Evolution

Previous Transaction - MLS #71250558

Full transaction history available when tracking began

🏷️

Previously Sold

Sep 30, 2011

$189,900

MLS #71250558

View Listing →

Previous Transaction - MLS #71019576

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 29, 2010

$213,000

MLS #71019576

View Listing →

Previous Transaction - MLS #70479309

Full transaction history available when tracking began

🏷️

Previously Sold

Jan 24, 2007

$193,000

MLS #70479309

View Listing →

Date	Event	Price	Change	$/sqft	Details
10/24/2025	✓ Sold	$495,000	-	-	Property sold
09/12/2025	🏠 Listed for Sale	$489,000	-	-	Original listing
09/30/2011	🏷️ Previously Sold	$189,900	-	-	MLS #71250558
03/29/2010	🏷️ Previously Sold	$213,000	-	-	MLS #71019576
01/24/2007	🏷️ Previously Sold	$193,000	-	-	MLS #70479309

Tax History

Year	Taxes	Assessment
2025	$4,538	$400,200

Financial Details

Annual Property Tax

$4,538

Tax Year 2025

HOA Fee

$300

Monthly

Assessed Value

$400,200

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 1,057 sq ft

Lot Size 0.05 acres

Bedrooms 3

Full Baths 1

Total Rooms 6

Interior

Heating Forced Air, Natural Gas, Electric, Ductless

Cooling Unit Control, Ductless

Flooring Wood, Tile, Hardwood, Flooring - Hardwood

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

Fireplace None

Basement Y

Laundry Flooring - Hardwood, Deck - Exterior, Third Floor, In Unit

Features Entrance Foyer, Office

Exterior

Construction Frame

Architecture None

Roof Rubber

Features Deck

Pool None

Spa None

Fencing None

Patio/Porch Deck

Parking

Features On Street

Utilities

Electric 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $4,538

Assessed Value $400,200

HOA & Community

HOA Fee $300 Monthly

Fee Includes Water, Sewer, Insurance

Amenities Storage

Optional Fee Includes None

Owner-Occupied Units 3

MA Disclosures

Seller Disclosures Property Requires Flood Insurance Which Is Covered Under The Condo Fee.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Attached"]

Unit/Building 3

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 3 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

1,057 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile, Hardwood, Flooring - Hardwood

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

Interior Features: Entrance Foyer, Office

Windows:

Basement: Y

Laundry: Flooring - Hardwood, Deck - Exterior, Third Floor, In Unit

Security:

Construction & Materials

Year Built: 1900

Structure Type: Attached

Exterior Materials: Frame

Roof: Rubber

Foundation:

Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Electric, Ductless

Cooling: Unit Control, Ductless

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: On Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Downtown

34 Forrester Street # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Jeffrey Terlik

Listing Office Keller Williams Realty Evolution

Office Phone 978-927-8700

Agent MLS ID CN221656

Office MLS ID C95098

Listing Data Updated Oct 24, 2025 2:28 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

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mail@steve-novak.com

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