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Sold for $665,000
  • $665,000

    18 Ocean Ter #2, Salem, MA 01970

    2beds
    1,505sqft
    Condominium
    Built in 1900
    -- sqft lot
    $664,800 Zestimate®
    $442/sqft
    $3,307 Estimated rent

    Home value

    $664,800

    $612,000 - $718,000

    $3,307/mo

    Zestimate® history
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    What's special

    Wood-burning fireplaceRefined finishesOriginal architectural detailsOpen-concept kitchenGenerous main bedroomPrivate patioExpansive balcony
    This enchanting 1505 sq ft, two-bedroom condo captures the essence of coastal living with sweeping harbor vistas and nestled in one of Salem's most desirable neighborhoods. Fully renovated in 2014, the residence gracefully blends period character with modern comfort. The open-concept kitchen features stainless steel appliances, elegant granite countertops, and thoughtfully designed custom cabinetry. Two full bathrooms showcase ceramic tile and refined finishes. The generous main bedroom includes a walk-in closet, while original architectural details throughout whisper of the home's heritage. Curl up by the wood-burning fireplace on crisp evenings, or wake up to step out onto the expansive balcony to take in the sunrise over the harbor and breathe in the ocean air. The private patio invites outdoor gatherings and deeded garage offers street level storage. Steps from Forest River Park's picturesque trails, beaches, and boat access, and yet still close to the rest of Salem's amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Beaver 508-259-7786,

    Leading Edge Real Estate 978-289-5860

    Bought with:

    Sheila MacDonald

    J. Barrett & Company

    Source: MLS PIN,MLS#: 73495114

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Wood
    • Level: Second
    • Area: 181.69
    • Dimensions: 12.75 x 14.25
    Bedroom 2
    • Features: Closet, Flooring - Wood
    • Level: Second
    • Area: 193.67
    • Dimensions: 13.83 x 14
    Bathroom 1
    • Features: Bathroom - Full, Bathroom - With Tub & Shower
    • Level: Second
    • Area: 68
    • Dimensions: 12.75 x 5.33
    Bathroom 2
    • Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Dryer Hookup - Electric, Washer Hookup
    • Level: Second
    • Area: 127.75
    • Dimensions: 12.17 x 10.5
    Dining room
    • Features: Flooring - Wood, Balcony / Deck, French Doors
    • Level: Second
    • Area: 178.75
    • Dimensions: 16.5 x 10.83
    Family room
    • Features: Flooring - Wood
    • Level: Second
    • Area: 143
    • Dimensions: 12 x 11.92
    Kitchen
    • Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Gas Stove
    • Level: Second
    • Area: 158.17
    • Dimensions: 13 x 12.17
    Living room
    • Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Wood
    • Level: Second
    • Area: 253.61
    • Dimensions: 13.83 x 18.33
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
    • Laundry: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Wood
    • Doors: French Doors
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,505
    • Total interior livable area: 1,505 sqft
    • Finished area above ground: 1,505

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Off Street, Deeded
    • Garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Has view: Yes
    • View description: Water, Harbor, Ocean
    • Has water view: Yes
    • Water view: Harbor,Ocean,Water
    • Waterfront features: Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 8,398 sqft
    Details
    • Parcel number: M:33 L:0695 S:802,4911593
    • Zoning: R1

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1900
    • Major remodel year: 2014

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Marina, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $261 monthly
    • Amenities included: Storage
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds

    Price history

    DateEventPrice
    5/29/2026Sold$665,000+0.8%$442/sqft
    Source: MLS PIN #73495114 Report a problem
    4/30/2026Contingent$659,900$438/sqft
    Source: MLS PIN #73495114 Report a problem
    4/21/2026Listed for sale$659,900+47.6%$438/sqft
    Source: MLS PIN #73495114 Report a problem
    9/26/2018Sold$447,000-0.4%$297/sqft
    Source: Public Record Report a problem
    7/8/2018Pending sale$449,000$298/sqft
    Source: Keller Williams Realty #72336964 Report a problem
    6/11/2018Listed for sale$449,000$298/sqft
    Source: Keller Williams Realty #72336964 Report a problem
    6/5/2018Pending sale$449,000$298/sqft
    Source: Keller Williams Realty #72336964 Report a problem
    5/31/2018Listed for sale$449,000+9.5%$298/sqft
    Source: Keller Williams Realty #72336964 Report a problem
    12/29/2017Listing removed$2,000$1/sqft
    Source: Zillow Rental Network Report a problem
    11/3/2017Price change$2,000-20%$1/sqft
    Source: Bentley's #72244509 Report a problem
    10/18/2017Price change$2,500-7.4%$2/sqft
    Source: Bentley's #72244509 Report a problem
    10/9/2017Listed for rent$2,700$2/sqft
    Source: Coldwell Banker Residential Brokerage - Topsfield #72240044 Report a problem
    9/29/2017Sold$410,000$272/sqft
    Source: Public Record Report a problem
    8/28/2017Pending sale$410,000$272/sqft
    Source: Coldwell Banker Residential Brokerage - Topsfield #72219493 Report a problem
    8/27/2017Listed for sale$410,000+6.9%$272/sqft
    Source: Coldwell Banker Residential Brokerage - Topsfield #72219493 Report a problem
    1/22/2016Sold$383,500-1.5%$255/sqft
    Source: Public Record Report a problem
    1/20/2016Pending sale$389,500$259/sqft
    Source: Ralph Leonard Associates #71599223 Report a problem
    7/1/2015Listed for sale$389,500$259/sqft
    Source: Ralph Leonard Associates #71599223 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,394 -0.3%$550,300 +7.3%
    2023$6,416 $512,900
    2022$6,416 +3.8%$512,900 +14.5%
    2021$6,182 +0.2%$448,000 +5%
    2020$6,167 +4%$426,800 +8.7%
    2019$5,931 +5%$392,800 +6.9%
    2018$5,649 -0.6%$367,300 +2.5%
    2017$5,681 +5%$358,200 +3.7%
    2016$5,411 +108.8%$345,300 +118.7%
    2015$2,591 $157,900

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

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    Estimated market value
    $664,800
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    Estimated market value
    $664,800