Estimated payment $3,411/month
Highlights
- 2 Car Detached Garage
- Property is near shops
- Level Lot
- Living Room
- Dining Room
- En-Suite Bathroom
About This Home
Welcome to 7 Therese Road, a rare opportunity to own a home in one of Salem’s most convenient and sought-after locations. Set on a spacious 0.61-acre double lot (7 Therese Rd + 0 Therese Rd), this 3-bedroom, 1.5-bath ranch offers 1,462 sq ft of living space, an oversized detached garage, and the kind of potential buyers are always searching for. Tucked into a quiet neighborhood, the property features a private backyard perfect for relaxing, entertaining, or creating your own outdoor retreat. The oversized detached garage provides excellent flexibility for storage, a workshop, hobby space, or recreational equipment. Many of the important updates have already been completed, including all new flooring throughout (2025), fresh interior paint, updated kitchen and bathrooms, a new garage door (2024), pellet stove (2013), and whole-house insulation including the crawl space (2021). Location is truly the highlight. The home is just steps from the Salem Rail Trail and only 1.6 miles from Tuscan Village, offering easy access to premier shopping, restaurants, and entertainment. For commuters, the property is just minutes from Interstate 93, providing convenient access to Manchester, the Seacoast, and Boston. Whether you're looking for a move in ready home with room to personalize or a property with excellent upside potential, 7 Therese Road offers the perfect combination of location, space, and opportunity. Homes offering this much land, updates, and proximity to Tuscan Village and major commuter routes rarely come to market.
Listing Agent
Keller Williams Realty Metro-Concord License #069778 Listed on: 03/12/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,202
Year Built
- Built in 1971
Lot Details
- 0.61 Acre Lot
- Level Lot
Parking
- 2 Car Detached Garage
- 6 to 12 Parking Spaces
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 1,462 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Laminate Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
Laundry
- Dryer
- Washer
Basement
- Interior Basement Entry
- Crawl Space
Location
- Property is near shops
Schools
- Fisk Elementary School
- Woodbury Middle School
- Salem High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Pellet Stove burns compressed wood to generate heat
- Cable TV Available
Listing and Financial Details
- Tax Block 3138
- Assessor Parcel Number 71
Map
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 |
|---|---|---|---|---|
| 2024 | $6,202 | $352,400 | $156,000 | $196,400 |
| 2023 | $5,977 | $352,400 | $156,000 | $196,400 |
| 2022 | $5,656 | $352,400 | $156,000 | $196,400 |
| 2021 | $5,631 | $352,400 | $156,000 | $196,400 |
| 2020 | $5,155 | $234,100 | $111,500 | $122,600 |
| 2019 | $5,146 | $234,100 | $111,500 | $122,600 |
| 2018 | $5,059 | $234,100 | $111,500 | $122,600 |
| 2017 | $4,879 | $234,100 | $111,500 | $122,600 |
| 2016 | $4,783 | $234,100 | $111,500 | $122,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $550,000 | +20.9% | $376 / Sq Ft | |
| 10/15/2025 10/15/25 | Sold | $455,000 | +1.1% | $311 / Sq Ft | View Prior Sale |
| 07/15/2025 07/15/25 | For Sale | $450,000 | -- | $308 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $455,000 | -- | |
| Warranty Deed | $455,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $432,250 | Purchase Money Mortgage | |
| Closed | $432,250 | Purchase Money Mortgage |
Source: PrimeMLS
MLS Number: 5079161
APN: SLEM M:71 B:3138 L:
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