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Sold for $460,000
  • $460,000

    5 School St APT 1, Salem, MA 01970

    2beds
    1,038sqft
    Condominium
    Built in 1862
    -- sqft lot
    $469,300 Zestimate®
    $443/sqft
    $2,861 Estimated rent

    Home value

    $469,300

    $427,000 - $516,000

    $2,861/mo

    Zestimate® history
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    What's special

    Wood-burning fireplaceCentral airPrivate deckUpdated kitchenExposed brickHardwood floorsSpacious primary bedroom
    Charming 2-bed, 2-bath condo in the historic Cogswell Condominiums, a converted 1862 brick schoolhouse in North Salem. This 1st-floor unit blends old-world charm with modern upgrades: exposed brick, hardwood floors, and a wood-burning fireplace in the open living area. The updated kitchen boasts granite counters, stainless steel appliances, a gas stove, and a high-bar for dining. Spacious primary bedroom with walk-in closet, plus a versatile 2nd bedroom. Two renovated baths, in-unit laundry hookups, central air, and a private deck add comfort. Includes 2 deeded parking spaces. Less than a mile from Salem Train Depot (35 mins to Boston), near Rt. 114/128, and steps from downtown’s historic sites and dining. Low condo fee covers water, sewer, snow removal, and maintenance. Perfect for commuters or history lovers

    Zillow last checked:

    Listing updated:

    Listed by:

    David Picardy 978-479-2288,

    Liberty Residential Realty, LLC 978-434-0074,

    David Picardy 978-479-2288

    Bought with:

    Hilary Foutes

    Sagan Harborside Sotheby's International Realty

    Source: MLS PIN,MLS#: 73357004

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s), Flooring - Hardwood
    • Level: First
    Bedroom 2
    • Features: Flooring - Hardwood
    • Level: First
    Bathroom 1
    • Level: First
    Bathroom 2
    • Level: First
    Dining room
    • Features: Flooring - Hardwood
    • Level: First
    Kitchen
    • Features: Flooring - Stone/Ceramic Tile
    • Level: First
    Living room
    • Features: Flooring - Hardwood, Exterior Access
    • Level: First
    Heating
    • Forced Air, Natural Gas, ENERGY STAR Qualified Equipment
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
    • Laundry: First Floor, In Unit
    Features
    • Flooring: Tile, Laminate
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,038
    • Total interior livable area: 1,038 sqft
    • Finished area above ground: 1,038

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned
    • Uncovered spaces: 2
    Features
    • Entry location: Unit Placement(Below Grade,Street)
    • Patio & porch: Covered
    • Exterior features: Covered Patio/Deck
    • Waterfront features: Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    Details
    • Parcel number: M:27 L:0081 S:801,2133023
    • Zoning: R1

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    Condition
    • Year built: 1862
    • Major remodel year: 1980

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Intercom
    Community
    • Community features: Public Transportation, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $323 monthly
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

    Price history

    DateEventPrice
    5/12/2025Sold$460,000+2.4%$443/sqft
    Source: MLS PIN #73357004 Report a problem
    4/17/2025Contingent$449,000$433/sqft
    Source: MLS PIN #73357004 Report a problem
    4/9/2025Listed for sale$449,000+32.4%$433/sqft
    Source: MLS PIN #73357004 Report a problem
    6/15/2020Sold$339,000-2.9%$327/sqft
    Source: Public Record Report a problem
    4/14/2020Pending sale$349,000$336/sqft
    Source: Gibson Sotheby's International Realty #72638201 Report a problem
    3/26/2020Listed for sale$349,000+8%$336/sqft
    Source: Gibson Sotheby's International Realty #72638201 Report a problem
    5/15/2019Sold$323,100+1.8%$311/sqft
    Source: Public Record Report a problem
    4/5/2019Pending sale$317,500$306/sqft
    Source: Flow Realty, Inc. #72471231 Report a problem
    3/27/2019Listed for sale$317,500+53.4%$306/sqft
    Source: Flow Realty, Inc. #72471231 Report a problem
    3/26/2010Sold$207,000+31.5%$199/sqft
    Source: Agent Provided Report a problem
    11/27/1991Sold$157,390+8.5%$152/sqft
    Source: Public Record Report a problem
    7/8/1988Sold$145,000$140/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,353 +3.8%$383,900 +6.4%
    2024$4,192 -4.4%$360,800 +2.9%
    2023$4,387 $350,700
    2022$4,387 +6.6%$350,700 +17.6%
    2021$4,117 +2.9%$298,300 +7.7%
    2020$4,001 +1.8%$276,900 +6.4%
    2019$3,929 +5%$260,200 +6.9%
    2018$3,742 +2.5%$243,300 +5.7%
    2017$3,649 +3.9%$230,100 +2.6%
    2016$3,513 -0.3%$224,200 +4.4%
    2015$3,523 +7.9%$214,700 +10%
    2014$3,266 +4.9%$195,200 -2%
    2012$3,113 +1.2%$199,200 -2.5%
    2011$3,075 +7.4%$204,300
    2010$2,862 +1.1%$204,300 -6.8%
    2009$2,831 -6.3%$219,100 -15.3%
    2008$3,020 +6%$258,800 -2.2%
    2007$2,849 $264,500

    Find assessor info on the county website

    Neighborhood: Mack Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $469,300
    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
    $469,300