Seller's Agent in 2026
Elizabeth Beaver
Leading Edge Real Estate
(508) 259-7786
10 in this area
35 Total Sales
18 Ocean Terrace Unit 2 Salem, MA 01970
South Salem Neighborhood
2
Beds
2
Baths
1,505
Sq Ft
8,276
Sq Ft Lot
Highlights
- Marina
- Medical Services
- Waterfront
- Ocean View
- Property is near a beach
- 5-minute walk to Forest River Park
About This Home
As of May 2026This enchanting 1505 sq ft, two-bedroom condo captures the essence of coastal living with sweeping harbor vistas and nestled in one of Salem's most desirable neighborhoods. Fully renovated in 2014, the residence gracefully blends period character with modern comfort. The open-concept kitchen features stainless steel appliances, elegant granite countertops, and thoughtfully designed custom cabinetry. Two full bathrooms showcase ceramic tile and refined finishes. The generous main bedroom includes a walk-in closet, while original architectural details throughout whisper of the home's heritage. Curl up by the wood-burning fireplace on crisp evenings, or wake up to step out onto the expansive balcony to take in the sunrise over the harbor and breathe in the ocean air. The private patio invites outdoor gatherings and deeded garage offers street level storage. Steps from Forest River Park's picturesque trails, beaches, and boat access, and yet still close to the rest of Salem's amenities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,594
Year Built
- Built in 1900
Parking
- 1 Car Detached Garage
- 2 Open Parking Spaces
- Off-Street Parking
- Deeded Parking
Property Views
- Ocean
- Harbor
Home Design
- Entry on the 2nd floor
Interior Spaces
- 1,505 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- French Doors
- Living Room with Fireplace
- Wood Flooring
- Basement
Kitchen
- Stove
- Range
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Property is near a beach
- Balcony
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- Heating System Uses Natural Gas
Additional Features
- Waterfront
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:33 L:0695 S:802,4911593
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, reserve funds
- 3 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Community Storage Space
Recreation
- Marina
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2026
Closed on
May 12, 2026
Sold by
Bought by
Seller's Agent
Elizabeth Beaver
Leading Edge Real Estate
Buyer's Agent
Sheila MacDonald
J. Barrett & Company
List Price
$659,900
Sold Price
$665,000
Premium/Discount to List
$5,100
0.77%
Views
145
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.60%
Purchase Details
Listed on
May 31, 2018
Closed on
Sep 26, 2018
Sold by
Bought by
Seller's Agent
Ron Messina
Keller Williams Realty Evolution
Buyer's Agent
Michelle Meiser
Corley Realty Plus
List Price
$449,000
Sold Price
$447,000
Premium/Discount to List
-$2,000
-0.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$379,950
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 26, 2017
Closed on
Sep 29, 2017
Sold by
Bought by
Seller's Agent
Constantina Tzortzis
Coldwell Banker Realty - Ipswich
Buyer's Agent
Constantina Tzortzis
Coldwell Banker Realty - Ipswich
List Price
$410,000
Sold Price
$410,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Purchase Details
Closed on
Jan 22, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.98%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $665,000 | -- | |
| Deed | $447,000 | -- | |
| Quit Claim Deed | $410,000 | -- | |
| Quit Claim Deed | $383,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | Credit Line Revolving | |
| Closed | $376,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $376,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $379,950 | New Conventional | |
| Previous Owner | $125,000 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2026 05/29/26 | Sold | $665,000 | +0.8% | $442 / Sq Ft | |
| 04/28/2026 04/28/26 | Pending | -- | -- | -- | |
| 04/21/2026 04/21/26 | For Sale | $659,900 | +47.6% | $438 / Sq Ft | |
| 09/26/2018 09/26/18 | Sold | $447,000 | -0.4% | $297 / Sq Ft | View Prior Sale |
| 07/07/2018 07/07/18 | Pending | -- | -- | -- | |
| 06/11/2018 06/11/18 | For Sale | $449,000 | 0.0% | $298 / Sq Ft | |
| 06/05/2018 06/05/18 | Pending | -- | -- | -- | |
| 05/31/2018 05/31/18 | For Sale | $449,000 | 0.0% | $298 / Sq Ft | |
| 12/02/2017 12/02/17 | Rented | $2,000 | 0.0% | -- | |
| 12/01/2017 12/01/17 | Under Contract | -- | -- | -- | |
| 11/07/2017 11/07/17 | Price Changed | $2,000 | -20.0% | $1 / Sq Ft | |
| 10/18/2017 10/18/17 | For Rent | $2,500 | 0.0% | -- | |
| 09/29/2017 09/29/17 | Sold | $410,000 | 0.0% | $272 / Sq Ft | View Prior Sale |
| 08/27/2017 08/27/17 | Pending | -- | -- | -- | |
| 08/26/2017 08/26/17 | For Sale | $410,000 | -- | $272 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,594 | $581,500 | $0 | $581,500 |
| 2024 | $6,394 | $550,300 | $0 | $550,300 |
| 2023 | $6,416 | $512,900 | $0 | $512,900 |
| 2022 | $6,217 | $469,200 | $0 | $469,200 |
| 2021 | $6,182 | $448,000 | $0 | $448,000 |
| 2020 | $6,167 | $426,800 | $0 | $426,800 |
| 2019 | $5,931 | $392,800 | $0 | $392,800 |
| 2018 | $5,649 | $367,300 | $0 | $367,300 |
| 2017 | $5,681 | $358,200 | $0 | $358,200 |
| 2016 | $5,411 | $345,300 | $0 | $345,300 |
| 2015 | $2,591 | $157,900 | $0 | $157,900 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Beaver
-
Sheila MacDonald
Buyer's Agent in 2026
Sheila MacDonald
J. Barrett & Company
(617) 240-1225
1 in this area
15 Total Sales
-
Ron Messina
Seller's Agent in 2018
Ron Messina
Keller Williams Realty Evolution
(781) 241-3333
9 Total Sales
-
M
Buyer's Agent in 2018
Michelle Meiser
Corley Realty Plus
-
B
Seller's Agent in 2017
Bentley's Team
RE/MAX
-
Constantina Tzortzis
Seller's Agent in 2017
Constantina Tzortzis
Coldwell Banker Realty - Ipswich
(603) 459-9632
82 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73495114
APN: SALE-000033-000000-000695-000802-000802
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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