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8 Russell Dr # 7D, Salem MA 01970

Salem, MA 01970
$499,900
Est. $3,597/month
2
Beds
1.5
Baths
1,655
Sq Ft
$302
Price/Sq Ft
1980
Year Built
5
Days on Market
Active Listed Mar 11, 2026 • MLS# 73483599 Copied!

About this home

Discover easy living at 8 Russell Drive, a beautifully maintained end-unit townhouse in Salem. Freshly painted and move-in ready, the home features a sun-filled living room with hardwood floors and a charming wood-burning fireplace. The hardwood flooring continues into the kitchen, highlighted by sleek black quartz countertops and warm oak cabinetry. A convenient half bath and interior access to the garage are located on the main level.Upstairs offers generously sized bedrooms with cathedral ceilings, great closet space, and a full bath for added convenience. Step through the slider to your private deck, perfect for relaxing or entertaining, with guest parking just a few steps away.Enjoy community amenities including a pool, tennis courts, and clubhouse. Ideally located minutes from Salem State University, Forest River Park, area beaches, and Salem’s vibrant downtown and harborfront.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,655 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,655 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Carpet, Hardwood, Flooring - Stone/ceramic Tile
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features Mud Room, Internet Available - Dsl

Exterior

Construction Frame
Architecture None
Roof Shingle

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Guest, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,996
Assessed Value $440,600

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Mud Room, Internet Available - DSL
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1980
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Guest, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room

Location

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Neighborhood

8 Russell Dr # 7D, 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 Greenhouse School
0.4 mi
Grades PK-08
The Phoenix School
1.7 mi
Grades PK-08
C-
Horace Mann Laboratory School
0.8 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
B-
Saltonstall School
1.3 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
B
Witchcraft Heights School
1.6 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
C+
Bentley Academy Innovation School
2.5 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
2.5 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
2.5 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+
Bates School
2.7 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
1.3 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
1.6 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
0.8 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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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $416
Homeowners Insurance $200
HOA Fee $453/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
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Current Rate
$0/mo
+0.5% Rate
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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

Property Timeline

🏠
Listed for Sale
Mar 11, 2026
$499,900
Original listing
Agent: The Lucci Witte Team Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Mar 11, 2026 New Listing Added $499,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$302

Tax History

Year Taxes Assessment
2025 $4,996 $440,600

Financial Details

Annual Property Tax
$4,996
Tax Year 2025
HOA Fee
$453
Monthly
Assessed Value
$440,600

Listing Information

Listing Agent The Lucci Witte Team
Listing Office William Raveis R.E. & Home Services
Agent MLS ID TM309944
Office MLS ID AN0949
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

BMN Boston Real Estate

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