3 Chase St, Salem MA 01970
Salem, MA 01970
$650,000
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Sale Statistics
Sale Overview
Original List Price:
$699,000
Final Sale Price:
$650,000
Difference:
$49,000 (-7.0%)
Performance Metrics
93.0%
List to Sale Ratio
Sold below asking price
38
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$207
Sale $/sq ft:
$192
This property sold for $192 per square foot
Sale Summary
This property sold for 7.0% below the original asking price.
The property spent 38 days on market before selling.
About this home
Presenting 3 Chase St, a three story multifamily residence ideally located in Salem. Built in 1915, this property offers a strong opportunity for investors, developers, or owner-occupants seeking long term value. The first floor unit features a living room with fireplace, dining room, two bedrooms, and one bath, while the second floor unit offers three bedrooms, one bath, and access to a walk up unfinished attic. Additional highlights include parking for three vehicles, oil heat with gas available for cooking, three separate electrical panels, roof and siding replaced approximately 11 years ago, a boiler installed in 2015, and a hot water heater replaced in 2021, making this a rare chance to reimagine and enhance a well located multifamily property.
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Property History
Market Insights
18.7%
Price Range
39
Total Days on Market
1
Previous Sales
Property Timeline
Previous Transaction - MLS #73535652
Full transaction history available when tracking began
Previously Sold
Sep 22, 2026
$799,900
MLS #73535652
Currently Listed
Jun 17, 2026
$799,900
MLS #73535652 - Active
Sold
Mar 23, 2026
$650,000
Property sold
Days on Market: 39
Contingency Update
Feb 27, 2026
Pending P&S
Status: Active under contract
Feb 27, 2026
Active → Active Under Contract
Pending Sale
Feb 26, 2026
Offer accepted, sale pending
Showing Instructions Updated
Feb 20, 2026
New showing requirements
Status: Active
Feb 20, 2026
Active Under Contract → Active
Status: Active under contract
Feb 12, 2026
Active → Active Under Contract
Listed for Sale
Jan 30, 2026
$699,000
Original listing
Agent: Rich Granata
Office: The Granata Group
Listed for Sale
Jan 30, 2026
$699,000
Original listing
Agent: Rich Granata
Office: The Granata Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/22/2026 | 🏷️ Previously Sold | $799,900 | - | - | MLS #73535652 |
| 06/17/2026 | 🏡 Currently Listed | $799,900 | - | - | MLS #73535652 - Active |
| 03/23/2026 | ✓ Sold | $650,000 | - | - | Property sold |
| 02/27/2026 | 📝 Contingency Update | - | - | - | Pending P&S |
| 02/27/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 02/26/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 02/20/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 02/20/2026 | 📋 Status: Active | - | - | - | Active Under Contract → Active |
| 02/12/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 01/30/2026 | 🏠 Listed for Sale | $699,000 | - | - | Original listing |
| 01/30/2026 | 🏠 Listed for Sale | $699,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,224 | $637,000 |
Financial Details
Annual Property Tax
$7,224
Tax Year 2025
Assessed Value
$637,000
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1915
Living Area
3,378 sq ft
Lot Size
0.06 acres
Bedrooms
5
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
Baseboard, Oil
Cooling
None
Flooring
Wood
Appliances
Range, Refrigerator, Washer, Dryer
Fireplace
Wood Burning
Fireplaces
2
Basement
Full, Walk-out Access, Unfinished
Laundry
None
Features
Bathroom With Tub & Shower, Walk-up Attic, Living Room, Dining Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
Shingle
Parking
Features
Paved Drive, Off Street, Tandem
Total Spaces
3
Utilities
Electric
Circuit Breakers, Knob & Tube Wiring
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,224
Assessed Value
$637,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Property Is Being Sold As-is. Property Is In Need Of Updating And Improvements. Buyer And Buyer’s Agent To Verify All Information And Perform Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
39 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
Sold
Year Built
1915
Bedrooms
5
Full Bathrooms
2
Living Area
3,378 sq ft
Total Rooms
10
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,378 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Range, Refrigerator, Washer, Dryer
Interior Features:
Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Dining Room, Kitchen
Windows:
Basement:
Full, Walk-Out Access, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1915
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Baseboard, Oil
Cooling:
Hot Water:
Oil
Water Source:
Public
Sewer:
Public Sewer
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street, Tandem
Special Features
Fireplaces:
2
Fireplace Type:
Wood Burning
Nearby Schools
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
Elementary Schools
9 schools
The Phoenix School
1.0 mi
Grades PK-08
The Greenhouse School
1.2 mi
Grades PK-08
B-
Saltonstall School
< 0.1 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
C-
Horace Mann Laboratory School
1.0 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.2 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.2 mi
106 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.2 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B
Witchcraft Heights School
1.5 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
B+
Bates School
1.6 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
1 school
C+
Collins Middle School
0.7 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
0.3 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
1.1 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 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
3 Chase St, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Rich Granata
Listing Office
The Granata Group
Office Phone
617-699-9286
Agent MLS ID
CN229394
Office MLS ID
AN9127
Listing Data Updated
Mar 23, 2026 11:26 AM 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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