$699,000
$50K PRICE DROP

Estimated payment $4,707/month

Total Views 17,800
2 Beds
2 Baths
1,395 Sq Ft
$501 Price per Sq Ft

Highlights

  • Golf Course Community
  • No Units Above
  • Open Floorplan
  • Medical Services
  • City View
  • 4-minute walk to Piperpont Park

About This Home

Updated penthouse unit in desirable building with Westerly views across the city of historic Derby Square and Old Town Hall. Located in the heart of Salem, steps from shops, restaurants, museums, harbor, the Salem Common and the Commuter Rail, this unit has it all. Renovations by the current owners resulted in a spacious gourmet kitchen with newly installed quartz countertops and tile floors as well as stainless steel appliances and custom cabinetry. Open concept main living area features wood floors with two sliders opening to a balcony. Primary suite includes a full bathroom, large walk-in closet and slider opening to a second balcony. Guest bedroom is sizable, has a generous closet, a large window and is directly across from the second full bathroom. Unit is outfitted with a stackable washer / dryer and a handy utility room. Unit also comes with one deeded parking space in garage under building easily accessed by elevator as well as additional storage and in-building laundry.

Listing Agent

Amanda Armstrong

Compass Listed on: 04/09/2025

Compass

Co-Listing Agent

Martha Anger

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,453

Year Built

  • Built in 1980

Lot Details

  • No Units Above

HOA Fees

  • $543 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Garden Home
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,395 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Picture Window
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • City Views
  • Intercom

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Courtyard

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 1 Heating Zone
  • Air Source Heat Pump

Listing and Financial Details

  • Tax Lot 0248
  • Assessor Parcel Number 2136611

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 50 Units
  • Central Plaza Condominiums Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Golf Course Community
  • Park

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,453

Year Built

Built in 1980

Lot Details

0

HOA Fees

$543 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1980
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 4
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: OpenHouse
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Hardwood
  • Interior Amenities: Walk-In Closet(s), Lighting - Pendant, Entrance Foyer
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet, Window(s) - Picture
  • Room Bedroom2 Area: 143
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony - Exterior
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 154
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 35
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 35
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Wood, Balcony - Exterior, Open Floorplan, Slider, Lighting - Pendant
  • Room Dining Room Level: First
  • Room Dining Room Area: 110
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Lighting - Overhead, Crown Molding
  • Room Kitchen Area: 132
  • Laundry Features: First Floor, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 169
  • Room Living Room Features: Flooring - Wood, Balcony - Exterior, Open Floorplan, Slider
  • Basement: N
  • Above Grade Finished Sq Ft: 1395
  • Living Area: 1395
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 501.08
  • PRICE PER Sq Ft: 501.08
  • Insulation: Full, Mixed

Exterior Features

  • Exterior Features: Courtyard, Balcony, City View(s)
  • Common Walls: No One Above
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Off Street, Deeded

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Air Source Heat Pumps (ASHP)
  • Heating: Air Source Heat Pumps (ASHP)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s), Storage
  • Association Fee: 543
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 402
  • MANAGEMENT: Professional - On Site, Owner Association

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 2136611
  • Zoning: B5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 518
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5453
  • Tax Book Number: 29367
  • Tax Lot: 0248
  • Tax Map Number: 35

Multi Family

  • Number Of Units Total: 50
  • Basement Included Sq Ft: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $5,453 $480,900 $0 $480,900
2024 $5,798 $499,000 $0 $499,000
2023 $5,562 $444,600 $0 $444,600
2022 $5,179 $390,900 $0 $390,900
2021 $5,081 $368,200 $0 $368,200
2020 $5,058 $350,000 $0 $350,000
2019 $4,956 $328,200 $0 $328,200
2018 $4,500 $292,600 $0 $292,600
2017 $4,295 $270,800 $0 $270,800
2016 $3,997 $255,100 $0 $255,100
2015 $4,165 $253,800 $0 $253,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Price Changed $699,000 -6.7% $501 / Sq Ft
04/09/2025 04/09/25 For Sale $749,000 -- $537 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $175,000 --
Deed $255,000 --
Deed $299,900 --
Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $231,800 Stand Alone Refi Refinance Of Original Loan
Previous Owner $191,250 No Value Available
Previous Owner $224,500 No Value Available
Previous Owner $24,800 No Value Available
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73357554

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000844-000844