PENDING
$16K PRICE DROP
71 Ocean Ave Unit 3 Salem, MA 01970
South Salem NeighborhoodEstimated payment $2,094/month
Total Views
19,535
1
Bed
1
Bath
665
Sq Ft
$450
Price per Sq Ft
Highlights
- Wood Flooring
- Bathtub with Shower
- Hot Water Heating System
- Main Floor Primary Bedroom
- Ceiling Fan
- Laundry Facilities
About This Home
Sun-filled and thoughtfully laid out, this charming 1-bedroom condo is perfectly positioned between Salem State University and the heart of downtown Salem. Oversized windows fill the space with natural light, while the efficient floor plan maximizes every square foot. You'll love the open layout, warm hardwood floors, and spacious rooms. With off-street parking and low monthly condo fees, this unit offers both comfort and convenience. Come experience all it has to offer!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,166
Year Built
- Built in 1928
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Garden Home
- Frame Construction
- Shingle Roof
Interior Spaces
- 665 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Insulated Windows
- Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Utilities
- No Cooling
- 1 Heating Zone
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number M:33 L:0052 S:803,4315812
Community Details
Overview
- Association fees include water, sewer, insurance, ground maintenance, snow removal
- 5 Units
Amenities
- Laundry Facilities
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 | $3,166 | $279,200 | $0 | $279,200 |
| 2024 | $3,097 | $266,500 | $0 | $266,500 |
| 2023 | $3,037 | $242,800 | $0 | $242,800 |
| 2022 | $2,934 | $221,400 | $0 | $221,400 |
| 2021 | $3,011 | $218,200 | $0 | $218,200 |
| 2020 | $2,933 | $203,000 | $0 | $203,000 |
| 2019 | $2,875 | $190,400 | $0 | $190,400 |
| 2018 | $2,716 | $176,600 | $0 | $176,600 |
| 2017 | $2,731 | $172,200 | $0 | $172,200 |
| 2016 | $2,512 | $160,300 | $0 | $160,300 |
| 2015 | $2,498 | $152,200 | $0 | $152,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | Price Changed | $299,000 | -5.1% | $450 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $315,000 | 0.0% | $474 / Sq Ft |
| 11/08/2020 11/08/20 | Rented | $1,700 | 0.0% | -- |
| 10/30/2020 10/30/20 | Under Contract | -- | -- | -- |
| 10/26/2020 10/26/20 | Price Changed | $1,700 | -5.6% | $3 / Sq Ft |
| 10/10/2020 10/10/20 | For Rent | $1,800 | 0.0% | -- |
| 08/30/2019 08/30/19 | Sold | $220,000 | +2.4% | $331 / Sq Ft |
| 07/16/2019 07/16/19 | Pending | -- | -- | -- |
| 07/11/2019 07/11/19 | For Sale | $214,900 | -- | $323 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $220,000 | -- | |
| Deed | $185,000 | -- | |
| Deed | $195,000 | -- | |
| Deed | $170,000 | -- | |
| Deed | $149,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $209,000 | New Conventional | |
| Previous Owner | $154,500 | No Value Available | |
| Previous Owner | $166,500 | Purchase Money Mortgage | |
| Previous Owner | $175,500 | Purchase Money Mortgage | |
| Previous Owner | $161,500 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Salem, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73393766
APN: SALE-000033-000000-000052-000803-000803
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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