Sold for $480,000

$480,000

5 Gardner St #3, Salem, MA 01970

2beds

1,104sqft

Condominium

Built in 1914

-- sqft lot

$463,100 Zestimate^®

$435/sqft

$2,895 Estimated rent

Home value

$463,100

$440,000 - $486,000

$2,895/mo

Zestimate^® history

Owner options

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$2,895/mo

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$2,895/mo

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$3,346/mo

Est. payment

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$3,346/mo

Est. payment

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What's special

In-unit storage

Welcome to this bright and inviting top-floor condo in the heart of Salem! Offering 2 bedrooms, 1 full bathroom, and 1,104 sq. ft. of comfortable living space, this unit combines classic New England charm with modern convenience.The open living area is perfect for entertaining or relaxing, while the well-appointed kitchen provides ample cabinet space and functionality. Hardwood floors throughout add warmth, and the bedrooms are generously sized with plenty of natural light. Additional features include in-unit storage and low-maintenance living. Ideally located just minutes from downtown Salem, this home is close to shops, restaurants, waterfront attractions, and commuter options. Perfect move-in-ready condo in a prime Salem location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Baseboard, Oil

Cooling

None

Appliances

Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry: In Building, Electric Dryer Hookup

Features

Flooring: Hardwood
Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 1,104
Total interior livable area: 1,104 sqft
Finished area above ground: 1,104

Property

Parking

Parking features: Open
Has uncovered spaces: Yes

Accessibility

Accessibility features: No

Features

Entry location: Unit Placement(Upper)

Lot

Size: 6,377 Square Feet

Details

Parcel number: M:33 L:0218 S:803,4421180
Zoning: R2

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Frame
Roof: Slate

Condition

Year built: 1914

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Oven, for Electric Dryer

Community & HOA

Community

Features: Public Transportation, Shopping, Public School, University

HOA

Amenities included: Hot Water
Services included: Heat, Sewer, Insurance, Reserve Funds
HOA fee: $370 monthly

Location

Region: Salem

Financial & listing details

Price per square foot: $435/sqft
Tax assessed value: $430,100
Annual tax amount: $4,877
Date on market: 5/27/2026

Price history

Date	Event	Price
7/2/2026	Sold	$480,000+1.1%$435/sqft
Source: MLS PIN #73488742 Report a problem
6/9/2026	Pending sale	$474,900$430/sqft
Source: MLS PIN #73488742 Report a problem
3/19/2026	Listed for sale	$474,900+5.5%$430/sqft
Source: MLS PIN #73488742 Report a problem
6/27/2024	Sold	$450,000+7.4%$408/sqft
Source: MLS PIN #73237757 Report a problem
5/15/2024	Listed for sale	$419,000+16.4%$380/sqft
Source: MLS PIN #73237757 Report a problem
6/27/2022	Sold	$360,000+12.5%$326/sqft
Source: Public Record Report a problem
5/4/2022	Contingent	$319,900$290/sqft
Source: MLS PIN #72973269 Report a problem
4/28/2022	Listed for sale	$319,900+105.1%$290/sqft
Source: MLS PIN #72973269 Report a problem
3/28/2016	Sold	$156,000+6.8%$141/sqft
Source: Public Record Report a problem
2/14/2003	Sold	$146,000$132/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,877 +22.8%	$430,100 +25.8%
2024	$3,973 +3.1%	$341,900 +11%
2023	$3,854	$308,100
2022	$3,854 +3.6%	$308,100 +14.3%
2021	$3,720 +10.2%	$269,600 +15.4%
2020	$3,377 +2.8%	$233,700 +7.4%
2019	$3,284 +14%	$217,500 +16.1%
2018	$2,881 -12.4%	$187,300 -9.6%
2017	$3,288 +5.4%	$207,300 +4.1%
2016	$3,121 +1.2%	$199,200 +6%
2015	$3,085 +1.2%	$188,000 +3.2%
2014	$3,048 +16.2%	$182,200 +8.5%
2012	$2,624 +2%	$167,900 -1.8%
2011	$2,572 +2.1%	$170,900 -4.9%
2010	$2,518 +12.5%	$179,700 +3.8%
2009	$2,238 +1.1%	$173,200 -8.6%
2008	$2,213 +8.2%	$189,600 -0.2%
2007	$2,046	$190,000