5 Larchmont Road # 3, Salem MA 01970

Salem, MA 01970
$410,000
2
Beds
1
Baths
805
Sq Ft
$509
Price/Sq Ft
1925
Year Built
42
Days on Market
Sold Listed Nov 5, 2025 • MLS# 73451379 Copied! • Updated Jan 28, 2026

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Sale Statistics

Sale Overview
Original List Price: $429,000
Final Sale Price: $410,000
Difference: $19,000 (-4.4%)
Performance Metrics
95.6%
List to Sale Ratio
Sold below asking price
42
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $533
Sale $/sq ft: $509
This property sold for $509 per square foot
Sale Summary

This property sold for 4.4% below the original asking price.

The property spent 42 days on market before selling.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$509/sq ft
Area Median
$419/sq ft
Difference
+21.6%

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

About this home

Located in a beautiful in-demand North Salem neighborhood, and only a short distance to the MBTA commuter rail, this bright and comfortable penthouse condo is ready for its new owner. Enjoy an eat-in kitchen with granite countertops, a generous pantry, and classic shaker style cabinetry. You'll appreciate the spacious primary bedroom, plus an additional room that offers seasonal water views—ideal for a home office, den, or guest room. Gorgeous hardwood floors and a freshly painted interior add to the home’s charm. The backyard provides an outdoor area for relaxing or entertaining. Bonuses include deep closets, extra basement storage, a low condo fee and easy street parking. Close to downtown Salem with its rich history and vibrant mix of restaurants, bars, boutiques and coffee shops. A home at this price, in this neighborhood is a rare find!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

✓
Sold
Jan 28, 2026
Property sold
🏠
Listed for Sale
Nov 5, 2025
$415,000
Original listing
Agent: Team Curtin - Tim & Jody Office: Leading Edge Real Estate
🏠
Listed for Sale
Nov 5, 2025
$415,000
Original listing
Agent: Team Curtin - Tim & Jody Office: Leading Edge Real Estate

Tax History

Year Taxes Assessment
2025 $3,895 $343,500

Financial Details

Annual Property Tax
$3,895
Tax Year 2025
HOA Fee
$206
Monthly
Assessed Value
$343,500

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1925
Living Area 805 sq ft
Stories 1
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Hot Water, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features Porch, Screens, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,895
Assessed Value $343,500

HOA & Community

HOA Fee $206 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Trash, Reserve Funds
Amenities Storage
Optional Fee Includes None
Owner-Occupied Units 2
Pets Yes w/ Restrictions
Lead Paint Unknown
Seller Disclosures Up To 2 Cats Allowed.
Possession None
Accepted Financing None
Structure Type ["2/3 Family"]
Unit/Building 3
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Essex
Total market time (incl. prior listings) 43 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1925
Bedrooms
2
Full Bathrooms
1
Living Area
805 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows, Screens
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1925
Effective Year (Renovated): 1986
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Parking Features:
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
0.9 mi
Grades PK-08
The Greenhouse School
2.4 mi
Grades PK-08
B-
Carlton School
0.4 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+
Bates School
0.4 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+
Bentley Academy Innovation School
1.0 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
1.0 mi
107 students Diverse
Diverse Student Body
Grades PK
C+
Saltonstall School
1.3 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
Witchcraft Heights School
1.5 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
C
Horace Mann Laboratory School
1.8 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
M

Middle Schools

1 school
B-
Collins Middle School
1.2 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
1.2 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
1.9 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

5 Larchmont Road # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Team Curtin - Tim & Jody
Listing Office Leading Edge Real Estate
Office Phone 978-289-5860
Agent MLS ID TM001362
Office MLS ID AN7144
Listing Data Updated Jan 28, 2026 3:05 PM 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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