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5 Gardner Street # 3, Salem MA 01970

Salem, MA 01970
$474,900
Est. $3,378/month
2
Beds
1
Baths
1,104
Sq Ft
$430
Price/Sq Ft
0.15
Acres
1914
Year Built
Condominium
Type
9 hours 49 minutes
Time on Market
Active Open House Listed Mar 19, 2026 • MLS# 73488742 Copied!

About this home

Welcome to this bright and inviting top-floor condo in the heart of Salem! Offering 2 bedrooms, 1 full bathroom, and 1,104 sq. ft. of comfortable living space, this unit combines classic New England charm with modern convenience.The open living area is perfect for entertaining or relaxing, while the well-appointed kitchen provides ample cabinet space and functionality. Hardwood floors throughout add warmth, and the bedrooms are generously sized with plenty of natural light. Additional features include in-unit storage and low-maintenance living. Ideally located just minutes from downtown Salem, this home is close to shops, restaurants, waterfront attractions, and commuter options. Perfect move-in-ready condo in a prime Salem location.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1914
Bedrooms
2
Full Bathrooms
1
Living Area
1,104 sq ft
Total Rooms
5
Stories
2
Entry Level
3

Open House Schedule

21
Mar
Saturday, March 21
11:00 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1914
Living Area 1,104 sq ft
Lot Size 0.15 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Oil
Cooling None
Flooring Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Building, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Slate

Parking

Features None

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven, For Electric Dryer

Financial

Annual Tax $4,877
Assessed Value $430,100

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: In Building, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1914
Structure Type: Garden
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Parking Features:

Location

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Neighborhood

5 Gardner Street # 3, Salem MA 01970

Salem, MA 01970

Walkability

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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
E

Elementary Schools

9 schools
The Phoenix School
1.0 mi
Grades PK-08
The Greenhouse School
1.1 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
0.9 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
1.3 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
1.3 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.3 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
1.4 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
M

Middle Schools

1 school
C+
Collins Middle School
0.6 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
H

High Schools

2 schools
B+
Salem Academy Charter School
0.4 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
1.0 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $406
Homeowners Insurance $200
HOA Fee $370/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

5.2%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Mar 19, 2026
$474,900
Original listing
Office: Keller Williams Coastal and Lakes & Mountains Realty
Previous Transaction - MLS #73237757
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 27, 2024
$450,000
MLS #73237757
View Listing →

Price & Status History

Date Event Price Change
Mar 19, 2026 New Listing Added $474,900 —
Jun 27, 2024 Sold $450,000 —

Market Statistics

Time on Market
9 hours 49 minutes
Price per Sq Ft
$430

Tax History

Year Taxes Assessment
2025 $4,877 $430,100

Financial Details

Annual Property Tax
$4,877
Tax Year 2025
HOA Fee
$370
Monthly
Assessed Value
$430,100

Listing Information

Listing Agent Brian Binari
Listing Office Keller Williams Coastal and Lakes & Mountains Realty
Agent MLS ID CN221293
Office MLS ID AN8916
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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Market Analytics for Salem, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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