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Sold for $480,000
  • $480,000

    5 School St APT 8, Salem, MA 01970

    2beds
    1,329sqft
    Condominium, Townhouse
    Built in 1862
    -- sqft lot
    $497,400 Zestimate®
    $361/sqft
    $2,885 Estimated rent

    Home value

    $497,400

    $473,000 - $527,000

    $2,885/mo

    Zestimate® history
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    What's special

    Spacious 2-3 bedroom, 1.5 bath townhouse located in the historic Cogswell School in North Salem. This beautiful corner unit features a gas fireplace and has a wonderful floor plan with soaring ceilings and lots natural sunlight. Many updates include a custom kitchen with stainless appliances, granite countertops and a breakfast bar. Located off the kitchen is a private office, dining room, or 3rd bedroom. In unit laundry. Central air conditioning and central vac! Well managed owner association with a reasonable condo fee. Two deeded parking spaces. There is a balcony is off the main living area offering outdoor space. This townhouse is steps from the commuter rail and everything that Salem has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah Terlik 978-729-5723,

    Keller Williams Realty Evolution 978-927-8700,

    Jeffrey Terlik 978-578-7755

    Bought with:

    SKW & Co

    Compass

    Source: MLS PIN,MLS#: 73287202

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Skylight, Walk-In Closet(s), Flooring - Hardwood
    • Level: Second
    Bedroom 2
    • Features: Skylight, Closet, Flooring - Hardwood
    • Level: Second
    Primary bathroom
    • Features: No
    Bathroom 1
    • Features: Bathroom - Half
    • Level: First
    Bathroom 2
    • Features: Bathroom - Full
    • Level: Second
    Kitchen
    • Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
    • Level: First
    Living room
    • Features: Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck, French Doors, Cable Hookup, Recessed Lighting
    • Level: First
    Office
    • Features: Closet, Flooring - Hardwood
    • Level: First
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    • Laundry: Second Floor, In Unit
    Features
    • Closet, Office, Central Vacuum
    • Flooring: Flooring - Hardwood
    • Doors: French Doors
    • Basement: None
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,329
    • Total interior livable area: 1,329 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Deeded
    • Uncovered spaces: 2
    Features
    • Entry location: Unit Placement(Upper)
    • Patio & porch: Deck
    • Exterior features: Deck
    • Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
    Details
    • Parcel number: 2133027
    • Zoning: R2

    Construction

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

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Private School, Public School, T-Station
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $442 monthly
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

    Price history

    DateEventPrice
    10/24/2024Sold$480,000+6.9%$361/sqft
    Source: MLS PIN #73287202 Report a problem
    9/26/2024Contingent$449,000$338/sqft
    Source: MLS PIN #73287202 Report a problem
    9/9/2024Listed for sale$449,000+96.9%$338/sqft
    Source: MLS PIN #73287202 Report a problem
    5/31/2001Sold$228,000+26.7%$172/sqft
    Source: Public Record Report a problem
    6/16/1988Sold$179,900$135/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,589 +3.1%$404,700 +5.7%
    2024$4,449 -5.3%$382,900 +2%
    2023$4,698 $375,500
    2022$4,698 +6.7%$375,500 +17.7%
    2021$4,401 +2.9%$318,900 +7.7%
    2020$4,279 +2%$296,100 +6.6%
    2019$4,195 +5.2%$277,800 +7.1%
    2018$3,988 +2.7%$259,300 +5.9%
    2017$3,884 +3.9%$244,900 +2.7%
    2016$3,737 -0.2%$238,500 +4.6%
    2015$3,743 +7.9%$228,100 +10%
    2014$3,470 +4.8%$207,400 -2.1%
    2012$3,312 +1.3%$211,900 -2.5%
    2011$3,270 +7.4%$217,300
    2010$3,044 +0.9%$217,300 -6.9%
    2009$3,016 -6.4%$233,400 -15.5%
    2008$3,223 +6%$276,200 -2.2%
    2007$3,040 $282,300

    Find assessor info on the county website

    Neighborhood: Mack Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Collins Ms
    • 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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    Estimated market value
    $497,400
    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
    $497,400