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Sold for $395,000
  • $395,000

    289 Essex St APT 308, Salem, MA 01970

    1beds
    722sqft
    Condominium
    Built in 1987
    -- sqft lot
    $395,000 Zestimate®
    $547/sqft
    $2,303 Estimated rent

    Home value

    $395,000

    $367,000 - $427,000

    $2,303/mo

    Zestimate® history
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    What's special

    New stainless steel appliancesMaple cabinetryGranite countersSedona maple floors
    This sunny 3rd-floor condo offers effortless downtown living with deeded garage parking, storage, and elevator access. A large picture window fills the home with natural light and overlooks Crombie and Essex Streets. Inside are Sedona Maple floors, Maple cabinetry, granite counters, NEW stainless steel appliances, and central A/C. Step outside to cafés, restaurants, shops, museums, parks, the cinema, and transit options including the Commuter Rail and Salem Ferry. EV charging and additional parking are right outside, and the building is pet-friendly. You’re moments from Salem Common, the Ropes Mansion gardens, and scenic bike paths along the waterfront and through historic neighborhoods. Salem’s coastal lifestyle offers harbor walks, outdoor dining, farmers markets, seasonal festivals, and access to nearby parks and beaches. Residents also enjoy free admission to the Peabody Essex Museum and The House of the Seven Gables.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen L. Ferro 617-966-3347,

    StartPoint Realty 978-422-3999

    Bought with:

    Tom Courtney

    Coldwell Banker Realty - New England Home Office

    Source: MLS PIN,MLS#: 73483021

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s), Flooring - Engineered Hardwood
    • Level: Third
    Bathroom 1
    • Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
    Dining room
    • Features: Open Floorplan, Flooring - Engineered Hardwood
    Kitchen
    • Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Remodeled, Stainless Steel Appliances
    • Level: Third
    Living room
    • Features: Window(s) - Picture, Flooring - Engineered Hardwood
    • Level: Third
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator
    • Laundry: First Floor, In Building
    Features
    • Elevator
    • Flooring: Engineered Hardwood
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 722
    • Total interior livable area: 722 sqft
    • Finished area above ground: 722

    Property

    Parking
    • Total spaces: 1
    • Parking features: Under, Deeded, Off Street
    • Attached garage spaces: 1
    Features
    • Entry location: Unit Placement(Upper,Front)
    • Exterior features: City View(s), Other
    • Has view: Yes
    • View description: City
    • Waterfront features: Harbor, Ocean, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    Details
    • Parcel number: M:26 L:0456 S:823,4656094
    • Zoning: BS
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Rubber
    Condition
    • Year built: 1987
    • Major remodel year: 2005

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, T-Station, University
    • Security: Intercom
    HOA
    • Amenities included: Laundry, Elevator(s), Storage
    • Services included: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
    • HOA fee: $347 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $547/sqft
    • Tax assessed value: $372,400
    • Annual tax amount: $4,223
    • Date on market: 4/17/2026
    • Exclusions: Bed Room Drapes & Rods.

    Price history

    DateEventPrice
    7/31/2026Sold$395,000$547/sqft
    Source: MLS PIN #73483021 Report a problem
    6/25/2026Pending sale$395,000$547/sqft
    Source: MLS PIN #73483021 Report a problem
    6/11/2026Contingent$395,000$547/sqft
    Source: MLS PIN #73483021 Report a problem
    5/12/2026Price change$395,000-5.9%$547/sqft
    Source: MLS PIN #73483021 Report a problem
    4/14/2026Price change$419,900-3.5%$582/sqft
    Source: MLS PIN #73483021 Report a problem
    3/5/2026Listed for sale$435,000+162%$602/sqft
    Source: MLS PIN #73483021 Report a problem
    7/7/2011Sold$166,000-1.8%$230/sqft
    Source: Public Record Report a problem
    2/21/2011Price change$169,000-5.1%$234/sqft
    Source: NRT NewEngland #71156035 Report a problem
    11/12/2010Listed for sale$178,000-29.6%$247/sqft
    Source: NRT NewEngland #71156035 Report a problem
    6/17/2005Sold$252,800$350/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,089 +1.9%$360,600 +4.5%
    2024$4,011 +5.5%$345,200 +13.6%
    2023$3,802 $303,900
    2022$3,802 +9.9%$303,900 +21.3%
    2021$3,458 +1%$250,600 +5.7%
    2020$3,425 +16.1%$237,000 +21.3%
    2019$2,951 +5.1%$195,400 +7.1%
    2018$2,807 +4.3%$182,500 +7.6%
    2017$2,690 +3.9%$169,600 +2.7%
    2016$2,589 +3.6%$165,200 +8.5%
    2015$2,499 -7.2%$152,300 -5.3%
    2014$2,692 -14.2%$160,900 -19.9%
    2012$3,139 +3.9%$200,800
    2011$3,022 +4.4%$200,800 -2.9%
    2010$2,896 +2.6%$206,700 -5.4%
    2009$2,823 +7.9%$218,500 -2.5%
    2008$2,616 -0.1%$224,200 -7.8%
    2007$2,619 $243,200
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $395,000
    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
    $395,000