$490,000
SOLD SEP 24, 2025
1 Bed
1 Bath
1,045 Sq Ft
$398/mo HOA Fee

Recently Sold

$469 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • Marina
  • 0.21 Acre Lot
  • Property is near public transit
  • Medical Services
  • Deck
  • 3-minute walk to High Street Park

About This Home

As of September 2025

Nestled on a quiet side street in the heart of downtown Salem, this urbane two-level loft-style condo offers a rare blend of historic character & modern elegance. Constructed in 1828 as Salem’s first theater, the building now houses 17 residences. Inside, the home is a spatial masterpiece—boasting soaring double-height ceilings, oversized windows that flood the space with light, and a striking staircase leading to the upper-level retreat, with a bedroom with a separate seating area, custom desk, and private terrace—perfect for coffee or cocktails. Recent upgrades include a new central a/c heating and a timeless modern kitchen, thoughtfully designed with abundant workspace. The pet-friendly home offers basement storage for convenience. With an exceptional Walk Score of 99, you are mere steps from all that Salem has to offer—boutiques, acclaimed restaurants, the Peabody Essex Museum, and the train station. A true in-town gem, perfectly balancing historic allure with contemporary comfort

Last Agent to Sell the Property

Michael Selbst

Gibson Sotheby's International Realty Listed on: 08/12/2025

Gibson Sotheby's International Realty

Last Buyer's Agent

Michael Selbst

Gibson Sotheby's International Realty Listed on: 08/12/2025

Gibson Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1832

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,045 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 8,934 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0448 S:813,4672918

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 17 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Community Pool
  • Park
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,035

Year Built

Built in 1832

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1832
  • Entry Level: 2
  • Year Built Details: Actual
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Y
  • Above Grade Finished Sq Ft: 1045
  • Living Area: 1045
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 478.47
  • PRICE PER Sq Ft: 468.9
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Deck
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Rented

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 397.95
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 13
  • MANAGEMENT: Professional - Off Site

Fee Information

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

Lot Info

  • Parcel Number: M:26 L:0448 S:813,4672918
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 8934
  • Lot Size Units: Acres
  • PAGE: 2
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5035
  • Tax Book Number: 38693

Multi Family

  • Number Of Units Total: 17
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jun 30, 2020
Sold by
Metzger Timothy and Redfearn Jennifer
Bought by
Feldmann Erica and Nierman Melissa
Seller's Agent
The Mavroules Team
Good Deeds Realty Partners
Buyer's Agent
Michael Selbst
Gibson Sotheby's International Realty
List Price
$349,000
Sold Price
$382,000
Premium/Discount to List
$33,000
9.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Vandyke Whitney E and Vandyke Stephen C
Bought by
Redfearn Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2012
Sold by
Vandyke Whitney E
Bought by
Vandyke Whitney E and Vandyke Stephen C

Purchase Details

Closed on
May 29, 2008
Sold by
Bluestone Alley Llc
Bought by
Riepe Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $382,000 None Available
Deed $335,000 --
Quit Claim Deed -- --
Deed $282,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $248,800 New Conventional
Previous Owner $225,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2025 09/24/25 Sold $490,000 -2.0% $469 / Sq Ft
08/27/2025 08/27/25 Pending -- -- --
08/12/2025 08/12/25 For Sale $500,000 +30.9% $478 / Sq Ft
07/08/2020 07/08/20 Sold $382,000 +9.5% $391 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $349,000 -- $358 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $5,035 $444,000 $0 $444,000
2024 $4,844 $416,900 $0 $416,900
2023 $4,944 $395,200 $0 $395,200
2022 $4,846 $365,700 $0 $365,700
2021 $4,659 $337,600 $0 $337,600
2020 $4,572 $316,400 $0 $316,400
2019 $4,101 $271,600 $0 $271,600
2018 $4,037 $262,500 $0 $262,500
2017 $3,714 $234,200 $0 $234,200
2016 $3,031 $193,400 $0 $193,400
2015 $2,882 $175,600 $0 $175,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73416824

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000448-000813-000813