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Off market
  • $430,400

    48 Essex St APT 10, Salem, MA 01970

    3beds
    890sqft
    Apartment
    Built in ----
    -- sqft lot
    $430,400 Zestimate®
    $484/sqft
    $3,047 Estimated rent

    Home value

    $430,400

    $409,000 - $452,000

    $3,047/mo

    Zestimate® history
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    $3,047/mo

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    $2,681/mo

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    What's special

    This freshly renovated 3 bedroom, 1 bathroom apartment is steps from the Salem Ferry, Essex Street pedestrian mall, Salem Common and the Commuter Rail station. No detail has been spared and all systems were fully updated in 2022. Large windows let in light and provide a water view and the newly refinished 100-year old hardwood floors gleam in it. The brand new fully applianced kitchen is yours to enjoy, or you can walk 3 minutes to the restaurants, coffee shops and bars one street over on Derby Street. This is a top-floor apartment so no need to worry about noisy upstairs neighbors, and nothing blocking your view. There is one reserved off-street parking space and additional street parking available. The portable AC in photos is included as is the in-unit combination washer/dryer. There is a secured storage space in the basement along with coin-op laundry facilities. 12 month lease, but can accommodate slightly shorter or longer lease terms if desired. Rent is $3150 and security deposit is also $3150. No fees other than $45 application and screening fee for background check for each prospective adult tenant. Owner pays for water, sewer, trash and snow removal, tenant pays for electric, gas and internet/cable. No pets or smoking allowed. One designated off-street parking space with additional street parking available.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard
    Cooling
    • Air Conditioner, Window Unit
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 890 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Cable not included in rent, Electricity not included in rent, Garbage included in rent, Gas not included in rent, Heating system: Baseboard, Internet not included in rent, Sewage included in rent, Snow Removal included in rent, Water included in rent
    Details
    • Parcel number: SALEM35L0432S810

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Utilities & green energy

    • Utilities for property: Garbage, Sewage, Water

    Community & HOA

    Community
    • Deposit fee: $3,150
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $484/sqft
    • Tax assessed value: $384,500
    • Annual tax amount: $4,360
    • Date on market: 3/31/2025
    • Date available: 05/01/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    4/11/2025Listing removed$3,150$4/sqft
    Source: Zillow Rentals Report a problem
    3/31/2025Listed for rent$3,150+8.6%$4/sqft
    Source: Zillow Rentals Report a problem
    8/2/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/24/2022Listed for rent$2,900$3/sqft
    Source: Zillow Rental Manager Report a problem
    7/18/2022Sold$385,000+45.3%$433/sqft
    Source: Public Record Report a problem
    3/16/2022Sold$265,000+152.4%$298/sqft
    Source: Public Record Report a problem
    5/28/1999Sold$105,000+47.1%$118/sqft
    Source: Public Record Report a problem
    4/26/1996Sold$71,400$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,360 +1.9%$384,500 +4.4%
    2024$4,280 +15.7%$368,300 +24.6%
    2023$3,698 $295,600
    2022$3,698 -0.7%$295,600 +9.6%
    2021$3,723 +14.1%$269,800 +19.5%
    2020$3,263 +20.8%$225,800 +26.2%
    2019$2,701 +6.4%$178,900 +8.4%
    2018$2,538 +2.3%$165,000 +5.5%
    2017$2,481 +6%$156,400 +4.7%
    2016$2,341 -0.8%$149,400 +3.8%
    2015$2,361 -1.9%$143,900
    2014$2,407 +2.1%$143,900 -4.6%
    2012$2,357 -11.4%$150,800 -14.7%
    2011$2,661 -3.2%$176,800 -9.9%
    2010$2,749 +2.7%$196,200 -5.3%
    2009$2,677 +5.1%$207,200 -5%
    2008$2,546 -1.8%$218,200 -9.3%
    2007$2,592 $240,700
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $430,400
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    Estimated market value
    $430,400