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Sold for $1,725,000
    • $1,725,000

    18 Chestnut St, Salem, MA 01970

    6beds
    4,258sqft
    Multi Family
    Built in 1800
    -- sqft lot
    $1,749,400 Zestimate®
    $405/sqft
    $5,930 Estimated rent

    Home value

    $1,749,400

    $1.63M - $1.89M

    $5,930/mo

    Zestimate® history
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    What's special

    Exquisite circa 1800 home on beautiful Chestnut Street! Perfect for multi-generational living or for a single family home buyer happy to defray costs. Easily reverted to a single family if desired. Masterfully restored over 3 years, with all new systems, plumbing & electrical while retaining its charm. Windows were carefully restored or custom made to precise historic standards w/traditional wavy glass for authenticity. Lovely woodwork showcases Georgian, Federal, & Colonial Revival styles. Lower unit has 2 BRs 2 ½ baths and upper unit has 3-4 BRs 2 ½ baths plus the sunniest office overlooking Chestnut St. Beautiful brick & cobblestone patio is accessible by both units as you see fit; flexes as off-street parking during the winter. Once home to Nathaniel Hawthorne who published the “Scarlet Letter” shortly after leaving. Ideally located on the corner of romantic Botts Court & elegant Chestnut St, minutes from the train station, restaurants, the PEM & waterfront

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Selbst 617-504-9159,

    Gibson Sotheby's International Realty 978-526-0243

    Bought with:

    Merry Fox Team

    MerryFox Realty

    Source: MLS PIN,MLS#: 73237614

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Wood, Tile
    • Windows: Storm Window(s)
    • Basement: Full
    • Number of fireplaces: 5
    Interior area
    • Total structure area: 4,258
    • Total interior livable area: 4,258 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    • Uncovered spaces: 2
    Lot
    • Size: 2,858 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: M:25 L:0424,2131815
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1800

    Utilities & green energy

    • Electric: 110 Volts, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, University
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $405/sqft
    • Tax assessed value: $1,313,500
    • Annual tax amount: $15,263
    • Date on market: 11/15/2025
    • Total actual rent: 0

    Price history

    DateEventPrice
    9/5/2024Sold$1,725,000-6.8%$405/sqft
    Source: MLS PIN #73237614 Report a problem
    5/14/2024Listed for sale$1,850,000+216.2%$434/sqft
    Source: MLS PIN #73237614 Report a problem
    1/17/2018Sold$585,000-16.4%$137/sqft
    Source: Public Record Report a problem
    12/4/2017Pending sale$699,900$164/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem
    11/19/2017Price change$699,900-6.7%$164/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem
    11/16/2017Listed for sale$750,000$176/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem
    11/9/2017Pending sale$750,000$176/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem
    10/18/2017Price change$750,000-6.2%$176/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem
    9/18/2017Price change$799,999-5.9%$188/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem
    8/29/2017Price change$850,000-5.5%$200/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem
    7/21/2017Price change$899,900-5.2%$211/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem
    6/8/2017Listed for sale$949,000$223/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,748 +3.2%$1,388,700 +5.7%
    2024$15,263 +2.5%$1,313,500 +10.3%
    2023$14,894 $1,190,600
    2022$14,894 +65.7%$1,190,600 +82.8%
    2021$8,987 -3%$651,200 +1.5%
    2020$9,268 +16.3%$641,400 +21.5%
    2019$7,971 -32.1%$527,900 -30.8%
    2018$11,736 -4.6%$763,100 -1.6%
    2017$12,304 +2.3%$775,800 +1.1%
    2016$12,022 -6.4%$767,200 -2%
    2015$12,842 +4.8%$782,600 +6.9%
    2014$12,253 +4.2%$732,400 -2.6%
    2012$11,758 +8.1%$752,300 +4.1%
    2011$10,878 +4.9%$722,800 -2.3%
    2010$10,365 +5.8%$739,800 -2.5%
    2009$9,799 +7.6%$758,400 -2.8%
    2008$9,103 +5.3%$780,000 -2.8%
    2007$8,645 +0.9%$802,700 +5%
    2006$8,571 -0.7%$764,600 +0.8%
    2005$8,635 +5.7%$758,800 +8.8%
    2004$8,169 +8.1%$697,600 +18.8%
    2003$7,555 +12.2%$587,000 +17.9%
    2002$6,735 +22.2%$497,800 +37%
    1999$5,513 +37.9%$363,400 +15%
    1994$3,999 $316,100
    Find assessor info on the county website

    Neighborhood: 01970

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    Estimated market value
    $1,749,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,749,400

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