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Pending
    • Price cut: $9.9K (7/22)
    $470,000

    394 Essex St APT 3, Salem, MA 01970

    2beds
    1,279sqft
    : 
    $3,190/mo
    Get pre-qualified
    Condominium, Townhouse
    Built in 1980
    -- sqft lot
    $463,300 Zestimate®
    $367/sqft
    $215/mo HOA

    What's special

    In-unit laundryPrivate yardComfortable functional layoutTwo off-street parking spaces
    Looking for a stylish townhouse in the heart of historic Salem? This charming 2-bedroom, 1-bath home is set back from the street for added privacy while still keeping you close to everything the city has to offer. Inside, you’ll find the convenience of in-unit laundry and a comfortable, functional layout. Step outside to your own private yard—perfect for gardening, summer BBQs, or giving your pets a place to roam. The home is located less than a mile from the train, making commuting a breeze. Enjoy an unbeatable location just minutes from downtown Salem, the MBTA Commuter Rail, parks, local universities, and the scenic shoreline. With easy access to public transportation and nearby shopping, this property offers the perfect blend of urban convenience and neighborhood charm. Additional highlights include two off-street parking spaces and updated utilities. Sellers have a place to go! Makes for an easy closing!!
    109 days
    |
    511
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    William McClory 781-724-9637,

    Dream Seekers Realty, LLC 978-615-7300,

    Robert Bennett 781-309-7466

    Source: MLS PIN,MLS#: 73508628

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom 2
      • Level: Second
      Bathroom 1
      • Level: Second
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric Baseboard, Electric
      Cooling
      • Window Unit(s), Wall Unit(s)
      Appliances
      • Included: Range
      • Laundry: In Basement, In Building
      Features
      • Has basement: Yes
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 1,279
      • Total interior livable area: 1,279 sqft
      • Finished area above ground: 801
      • Finished area below ground: 478

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street, Assigned
      • Uncovered spaces: 2
      Features
      • Patio & porch: Deck, Deck - Wood, Patio
      • Exterior features: Deck, Deck - Wood, Patio
      Details
      • Parcel number: 2132103
      • Zoning: 0000

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Condominium, Townhouse
      Condition
      • Year built: 1980

      Utilities & green energy

      • Electric: 220 Volts, Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Electric Range

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School, T-Station, University
      HOA
      • Services included: Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
      • HOA fee: $215 monthly
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $367/sqft
      • Tax assessed value: $402,000
      • Annual tax amount: $4,558
      • Date on market: 5/2/2026

        Estimated market value

        $463,300

        $440,000 - $486,000

        $2,937/mo

        Price history

        DateEventPrice
        8/7/2026Pending sale$470,000$367/sqft
        Source: MLS PIN #73508628 Report a problem
        7/22/2026Price change$470,000-2.1%$367/sqft
        Source: MLS PIN #73508628 Report a problem
        6/23/2026Price change$479,900-0.8%$375/sqft
        Source: MLS PIN #73508628 Report a problem
        6/14/2026Price change$484,000-0.2%$378/sqft
        Source: MLS PIN #73508628 Report a problem
        6/2/2026Price change$485,000-0.8%$379/sqft
        Source: MLS PIN #73508628 Report a problem
        5/15/2026Price change$489,000-1.2%$382/sqft
        Source: MLS PIN #73508628 Report a problem
        4/28/2026Listed for sale$495,000+43.5%$387/sqft
        Source: MLS PIN #73508628 Report a problem
        9/4/2020Sold$345,000+4.6%$270/sqft
        Source: Public Record Report a problem
        8/6/2020Pending sale$329,900$258/sqft
        Source: J. Barrett & Company #72701527 Report a problem
        7/31/2020Listed for sale$329,900+44.1%$258/sqft
        Source: J. Barrett & Company #72701527 Report a problem
        8/31/2015Sold$229,000-1.3%$179/sqft
        Source: Public Record Report a problem
        7/28/2015Pending sale$232,000$181/sqft
        Source: Keller Williams Realty #71875707 Report a problem
        7/19/2015Listed for sale$232,000+176.2%$181/sqft
        Source: Keller Williams Realty #71875707 Report a problem
        5/1/1998Sold$84,000+42.4%$66/sqft
        Source: Public Record Report a problem
        11/14/1995Sold$59,000$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,558 +1.8%$401,900 +4.3%
        2024$4,477 +2.2%$385,300 +10%
        2023$4,382 $350,300
        2022$4,382 +12%$350,300 +23.6%
        2021$3,911 +0.9%$283,400 +5.7%
        2020$3,875 +3.1%$268,200 +7.8%
        2019$3,758 +5.2%$248,900 +7.2%
        2018$3,571 -0.6%$232,200 +2.5%
        2017$3,592 -2%$226,500 -3.2%
        2016$3,667 +0.3%$234,000 +5%
        2015$3,656 +1.7%$222,800 +3.7%
        2014$3,594 +4.8%$214,800 -2.1%
        2012$3,428 +2%$219,300 -1.8%
        2011$3,361 +1.9%$223,300 -5.2%
        2010$3,299 -2.5%$235,500 -10.1%
        2009$3,384 +5.4%$261,900 -4.8%
        2008$3,210 +4.3%$275,100 -3.7%
        2007$3,078 $285,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Federal Street

        Getting around

        89 / 100
        Very Walkable
        38 / 100
        Some Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Salem Hs

        Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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