75 Summer St # 5, Salem MA 01970

Salem, MA 01970
$469,900
$464,900
Est. $3,038/month
2
Beds
1
Baths
760
Sq Ft
$612
Price/Sq Ft
1900
Year Built
1
Parking
123
Days on Market
For Sale Price Drop -$5,000 Listed Apr 7, 2026 • MLS# 73497088 Copied! • Updated Aug 1, 2026

About this home

Open concept two bedroom, one bathroom penthouse condo with beautiful exposed brick, hardwood floors, large eat-in kitchen with stainless steel appliances, and in-unit laundry, This sunny corner unit features lots of windows with excellent natural light, abundant closet space, as well as additional basement storage, and one designated off-street parking space. Centrally located near Salem's vibrant downtown, the unit is in close proximity to the MBTA Commuter Rail Station to Boston or instead, stay in Salem and enjoy a variety of restaurants, trendy shops, a world class museum, tranquil waterfront and many other amenities Salem has to offer.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

2
Price Changes
1.1%
Price Range

Property Timeline

Price Reduced
Jul 28, 2026
$464,900 $4,100 (-0.87%)
From $469,000 to $464,900 (-0.9%)
Price Reduced
Jun 11, 2026
$469,000 $900 (-0.19%)
From $469,900 to $469,000 (-0.2%)
🏠
Listed for Sale
Apr 7, 2026
$469,900
Original listing
Agent: Elizabeth Fair Office: Aluxety

Tax History

Year Taxes Assessment
2025 $3,746 $330,300

Financial Details

Annual Property Tax
$3,746
Tax Year 2025
HOA Fee
$175
Monthly
Assessed Value
$330,300

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 760 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Wood, Tile
Appliances Range, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement Y
Laundry Third Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Screens, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None
Features Assigned, Paved
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven
Annual Tax $3,746
Assessed Value $330,300

HOA & Community

HOA Fee $175 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Some Of The Listing Photos Have Been Virtually Staged.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 5
Sq Ft Source Public Record
Sq Ft Disclosures Approx.
Documents Master Deed, Rules & Regs (2)
County Essex
Total market time (incl. prior listings) 116 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
760 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Screens
Basement: Y
Laundry: Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 1987
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned, Paved

Nearby Schools

School information not available for this location.

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 $312
Homeowners Insurance $200
HOA Fee $175/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.

Location

Loading map...

Neighborhood

75 Summer St # 5, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Elizabeth Fair
Listing Office Aluxety
Office Phone 800-806-3212
Agent MLS ID BB985392
Office MLS ID AN8387
Listing Data Updated Aug 1, 2026 3:08 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

Loading market insights for Salem.