PENDING
$40K PRICE DROP
24 Cabot St Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated payment $2,908/month
Total Views
36,885
2
Beds
1
Bath
823
Sq Ft
$473
Price per Sq Ft
Highlights
- Medical Services
- Wood Flooring
- Jogging Path
- Property is near public transit
- Solid Surface Countertops
- 2 Car Detached Garage
About This Home
Welcome to 24 Cabot Street #1 — a beautifully maintained and thoughtfully updated first-floor condo just moments from vibrant downtown Salem and the MBTA Commuter Rail. This spacious 2-bedroom, 1-bath home perfectly blends historic charm with modern conveniences. Soaring ceilings, rich hardwood floors, and original architectural details offer warmth and character in every room, while the updated kitchen features granite countertops, stainless steel appliances, and maple cabinetry. Enjoy the convenience of in-unit laundry and generous natural light throughout. This home includes one of the rarest finds in Salem: a private 2 car detached garage deeded exclusively to this unit, along with an additional deeded driveway space. The full unfinished basement offers additional storage. Located near Salem State University, restaurants, boutiques, museums, coffee shops, the waterfront and much more.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,933
Year Built
- Built in 1870
HOA Fees
- $450 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Off-Street Parking
- Deeded Parking
Home Design
- Frame Construction
- Slate Roof
Interior Spaces
- 823 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Entrance Foyer
- Basement
Kitchen
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Schools
- Witchcraft Hts Elementary School
- Collins Middle School
- Salem High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Hot Water Heating System
- 110 Volts
Listing and Financial Details
- Assessor Parcel Number M:33 L:0196 S:801,4840409
Community Details
Overview
- Association fees include heat, water, sewer, insurance, ground maintenance, snow removal
- 4 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,933 | $346,800 | $0 | $346,800 |
| 2024 | $3,837 | $330,200 | $0 | $330,200 |
| 2023 | $3,690 | $295,000 | $0 | $295,000 |
| 2022 | $3,534 | $266,700 | $0 | $266,700 |
| 2021 | $3,478 | $252,000 | $0 | $252,000 |
| 2020 | $3,409 | $235,900 | $0 | $235,900 |
| 2019 | $3,240 | $214,600 | $0 | $214,600 |
| 2018 | $3,010 | $195,700 | $0 | $195,700 |
| 2017 | $2,953 | $186,200 | $0 | $186,200 |
| 2016 | $2,702 | $172,400 | $0 | $172,400 |
| 2015 | -- | $164,800 | $0 | $164,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | Price Changed | $389,000 | -2.5% | $473 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $399,000 | -4.8% | $485 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $419,000 | -2.3% | $509 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $429,000 | +24.3% | $521 / Sq Ft |
| 02/16/2022 02/16/22 | Sold | $345,000 | +7.8% | $419 / Sq Ft |
| 12/31/2021 12/31/21 | Pending | -- | -- | -- |
| 12/29/2021 12/29/21 | For Sale | $320,000 | +26.0% | $389 / Sq Ft |
| 10/27/2016 10/27/16 | Sold | $254,000 | +2.0% | $309 / Sq Ft |
| 08/12/2016 08/12/16 | Pending | -- | -- | -- |
| 04/08/2016 04/08/16 | For Sale | $249,000 | +16.4% | $303 / Sq Ft |
| 07/01/2015 07/01/15 | Sold | $214,000 | +2.0% | $252 / Sq Ft |
| 05/25/2015 05/25/15 | Pending | -- | -- | -- |
| 05/22/2015 05/22/15 | For Sale | $209,900 | -- | $247 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $345,000 | None Available | |
| Not Resolvable | $254,000 | -- | |
| Not Resolvable | $213,000 | -- | |
| Not Resolvable | $225,000 | -- | |
| Deed | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $334,650 | Purchase Money Mortgage | |
| Previous Owner | $241,300 | New Conventional | |
| Previous Owner | $202,350 | New Conventional | |
| Previous Owner | $195,553 | FHA |
Source: Public Records
Similar Homes in Salem, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73372519
APN: SALE-000033-000000-000196-000801-000801
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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