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Sold for $450,000
  • $450,000

    55 Ocean Ave #1, Salem, MA 01970

    2beds
    1,168sqft
    Condominium
    Built in 1895
    -- sqft lot
    $474,000 Zestimate®
    $385/sqft
    $2,869 Estimated rent

    Home value

    $474,000

    $446,000 - $502,000

    $2,869/mo

    Zestimate® history
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    What's special

    This delightful 2-bedroom condo in South Salem offers a perfect blend of historical charm and modern convenience. With stunning hardwood floors and period Victorian details, this space exudes warmth and character. The large windows and high ceilings provide a bright and airy atmosphere throughout. With its prime location just steps from Forest River Park and the vibrant downtown area, you'll enjoy easy access to green spaces, dining, and shopping. This pet- friendly unit offers exclusive parking, laundry, and storage. Don’t miss out on the chance to make 55 Ocean Ave your new address. Visit us at the open houses and experience the best of Salem Living!

    Zillow last checked:

    Listing updated:

    Listed by:

    Button and Co. 617-803-0194,

    LAER Realty Partners 781-272-8100,

    Rita Pisapia 617-803-0205

    Bought with:

    Stephen O'Connell

    MerryFox Realty

    Source: MLS PIN,MLS#: 73278372

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Ceiling Fan(s), Flooring - Hardwood, Crown Molding
    • Level: First
    • Area: 150
    • Dimensions: 15 x 10
    Bedroom 2
    • Features: Flooring - Hardwood, Crown Molding, Closet - Double
    • Level: First
    • Area: 132.16
    • Dimensions: 11.8 x 11.2
    Bathroom 1
    • Features: Bathroom - Full, Flooring - Vinyl
    • Level: First
    • Area: 36.66
    • Dimensions: 4.7 x 7.8
    Dining room
    • Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Crown Molding, Pocket Door
    • Level: First
    • Area: 214.47
    • Dimensions: 15.2 x 14.11
    Kitchen
    • Features: Flooring - Vinyl, Pantry, Kitchen Island, Recessed Lighting, Gas Stove, Crown Molding
    • Level: First
    • Area: 205.4
    • Dimensions: 13 x 15.8
    Living room
    • Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony - Exterior, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Crown Molding, Pocket Door
    • Level: First
    • Area: 243.11
    • Dimensions: 15.1 x 16.1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
    • Laundry: In Basement, In Building
    Features
    • Flooring: Hardwood
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Dining Room
    • Common walls with other units/homes: Corner
    Interior area
    • Total structure area: 1,168
    • Total interior livable area: 1,168 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: On Street, Deeded
    • Uncovered spaces: 1
    Features
    • Entry location: Unit Placement(Street,Ground)
    • Waterfront features: Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
    Lot
    • Size: 4,400 sqft
    Details
    • Parcel number: 4235905
    • Zoning: RES

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Frame
    Condition
    • Year built: 1895

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Public School, University
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $235 monthly
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash

    Price history

    DateEventPrice
    10/21/2024Sold$450,000+3.4%$385/sqft
    Source: MLS PIN #73278372 Report a problem
    8/23/2024Contingent$435,000$372/sqft
    Source: MLS PIN #73278372 Report a problem
    8/15/2024Listed for sale$435,000+144.4%$372/sqft
    Source: MLS PIN #73278372 Report a problem
    10/31/2012Sold$178,000-1.9%$152/sqft
    Source: Public Record Report a problem
    8/24/2012Listed for sale$181,500-7.8%$155/sqft
    Source: J. Barrett & Company #71426323 Report a problem
    8/24/2009Sold$196,950-12.4%$169/sqft
    Source: Public Record Report a problem
    9/2/2008Listing removed$224,900$193/sqft
    Source: MLS Property Information Network #70787019 Report a problem
    5/28/2008Price change$224,900-2.2%$193/sqft
    Source: MLS Property Information Network #70651735 Report a problem
    1/12/2008Price change$229,900-8%$197/sqft
    Source: MLS Property Information Network #70651735 Report a problem
    10/23/2007Price change$249,900-2%$214/sqft
    Source: MLS Property Information Network #70651735 Report a problem
    10/10/2007Price change$254,900-3.8%$218/sqft
    Source: MLS Property Information Network #70651735 Report a problem
    9/22/2007Listed for sale$264,900+22.1%$227/sqft
    Source: MLS Property Information Network #70651735 Report a problem
    9/23/2002Sold$216,900$186/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,779 +1.9%$421,400 +4.4%
    2024$4,690 +2.1%$403,600 +9.9%
    2023$4,595 $367,300
    2022$4,595 +4.8%$367,300 +15.6%
    2021$4,384 +2.2%$317,700 +7%
    2020$4,289 +5.4%$296,800 +10.2%
    2019$4,068 +7.8%$269,400 +9.8%
    2018$3,773 +2.1%$245,300 +5.3%
    2017$3,695 +5.6%$233,000 +4.4%
    2016$3,498 -0.1%$223,200 +4.6%
    2015$3,500 +2.9%$213,300 +4.9%
    2014$3,403 +5%$203,400 -1.9%
    2012$3,242 +1%$207,400 -2.8%
    2011$3,210 +3.6%$213,300 -3.6%
    2010$3,099 -2.4%$221,200 -10%
    2009$3,176 +5.5%$245,800 -4.7%
    2008$3,010 +2.6%$257,900 -5.4%
    2007$2,935 $272,500

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $474,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $474,000