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Sold for $440,000
  • $440,000

    48 Essex St APT 7, Salem, MA 01970

    2beds
    995sqft
    Condominium
    Built in 1900
    -- sqft lot
    $442,800 Zestimate®
    $442/sqft
    $2,945 Estimated rent

    Home value

    $442,800

    $403,000 - $487,000

    $2,945/mo

    Zestimate® history
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    What's special

    Divided front parlorEat-in kitchenExposed brickHardwood floorsOff-street parking spaceShared common deckAmple closet space
    Carefully maintained 2-bedroom condo near the Salem Common, Derby and Pickering Wharfs, and Collins Cove. The high ceilings and tall windows provide a very spacious feeling. The hardwood floors, and one off-street parking space make 48 Essex a lovely place to live! Enter into a large, divided front parlor that can be used as living room and dining room and/or home office. The eat-in kitchen features newer appliances, granite counters, and exposed brick for added character. Both bedrooms are generously sized with ample closet space, and the newly remodeled full bathroom offers a walk-in shower with glass doors.. Enjoy added conveniences like laundry and private storage in the basement, plus a shared common deck on the floor.

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Berton 617-620-9463,

    Churchill Properties 978-258-5211

    Bought with:

    Mark M. Wade

    Coldwell Banker Realty - New England Home Office

    Source: MLS PIN,MLS#: 73422522

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Closet, Flooring - Wall to Wall Carpet
    • Level: First
    Bedroom 2
    • Features: Closet, Flooring - Hardwood
    • Level: First
    Primary bathroom
    • Features: No
    Bathroom 1
    • Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Remodeled
    • Level: First
    Dining room
    • Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
    • Level: First
    Kitchen
    • Features: Ceiling Fan(s), Closet, Flooring - Laminate, Countertops - Stone/Granite/Solid, Recessed Lighting, Gas Stove
    • Level: First
    Living room
    • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
    • Level: First
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Dishwasher, Disposal, Refrigerator
    • Laundry: Common Area, In Building
    Features
    • Internet Available - Unknown
    • Flooring: Wood, Carpet, Laminate
    • Windows: Insulated Windows
    • Has basement: Yes
    • Has fireplace: No
    • Common walls with other units/homes: Corner
    Interior area
    • Total structure area: 995
    • Total interior livable area: 995 sqft
    • Finished area above ground: 995

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street, Assigned
    • Uncovered spaces: 1
    Features
    • Entry location: Unit Placement(Upper)
    • Patio & porch: Deck - Wood
    • Exterior features: Deck - Wood
    • Waterfront features: Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
    Details
    • Parcel number: M:35 L:0432 S:807,2136888
    • Zoning: R10

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    Condition
    • Year built: 1900
    • Major remodel year: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Pool, Park, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
    • Security: Intercom
    HOA
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
    • HOA fee: $398 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $442/sqft
    • Tax assessed value: $362,100
    • Annual tax amount: $4,106
    • Date on market: 12/13/2025

    Price history

    DateEventPrice
    11/20/2025Sold$440,000-6.4%$442/sqft
    Source: MLS PIN #73422522 Report a problem
    9/19/2025Price change$469,900-1.1%$472/sqft
    Source: MLS PIN #73422522 Report a problem
    9/12/2025Listed for sale$474,900$477/sqft
    Source: MLS PIN #73422522 Report a problem
    9/12/2025Contingent$474,900$477/sqft
    Source: MLS PIN #73422522 Report a problem
    9/9/2025Price change$474,900-2.9%$477/sqft
    Source: MLS PIN #73422522 Report a problem
    9/4/2025Price change$489,000-2.2%$491/sqft
    Source: MLS PIN #73422522 Report a problem
    8/27/2025Listed for sale$500,000+549.4%$503/sqft
    Source: MLS PIN #73422522 Report a problem
    6/2/1997Sold$77,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,106 +1.9%$362,100 +4.4%
    2024$4,031 +3.7%$346,900 +11.7%
    2023$3,887 $310,700
    2022$3,887 -1.1%$310,700 +9.1%
    2021$3,929 +14.1%$284,700 +19.5%
    2020$3,443 +20.8%$238,300 +26.3%
    2019$2,849 +6.5%$188,700 +8.4%
    2018$2,676 +2.3%$174,000 +5.5%
    2017$2,615 +6%$164,900 +4.7%
    2016$2,468 -0.8%$157,500 +3.8%
    2015$2,489 -1.9%$151,700
    2014$2,538 +2.1%$151,700 -4.6%
    2012$2,485 -11.4%$159,000 -14.7%
    2011$2,805 -1.2%$186,400 -8%
    2010$2,838 +2.6%$202,600 -5.4%
    2009$2,766 +5.1%$214,100 -5.1%
    2008$2,632 -1.7%$225,500 -9.3%
    2007$2,678 $248,700
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $442,800
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    Estimated market value
    $442,800