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!
Sold for $450,000
$450,000
55 Ocean Ave #1, Salem, MA 01970
2beds
1,168sqft
Condominium
Built in 1895
-- sqft lot
$468,000 Zestimate®
$385/sqft
$2,826 Estimated rent
Home value
$468,000
$445,000 - $491,000
$2,826/mo
Zestimate® history
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$3,049/mo
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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 Square Feet
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 & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Public School, University
HOA
- Services included: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash
- HOA fee: $235 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $385/sqft
- Tax assessed value: $403,600
- Annual tax amount: $4,690
- Date on market: 1/4/2026
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2024 | Sold | $450,000+3.4%$385/sqft |
Source: MLS PIN #73278372 Report a problem | ||
| 8/23/2024 | Contingent | $435,000$372/sqft |
Source: MLS PIN #73278372 Report a problem | ||
| 8/15/2024 | Listed for sale | $435,000+144.4%$372/sqft |
Source: MLS PIN #73278372 Report a problem | ||
| 10/31/2012 | Sold | $178,000-1.9%$152/sqft |
Source: Public Record Report a problem | ||
| 8/24/2012 | Listed for sale | $181,500-7.8%$155/sqft |
Source: J. Barrett & Company #71426323 Report a problem | ||
| 8/24/2009 | Sold | $196,950-12.4%$169/sqft |
Source: Public Record Report a problem | ||
| 9/2/2008 | Listing removed | $224,900$193/sqft |
Source: MLS Property Information Network #70787019 Report a problem | ||
| 5/28/2008 | Price change | $224,900-2.2%$193/sqft |
Source: MLS Property Information Network #70651735 Report a problem | ||
| 1/12/2008 | Price change | $229,900-8%$197/sqft |
Source: MLS Property Information Network #70651735 Report a problem | ||
| 10/23/2007 | Price change | $249,900-2%$214/sqft |
Source: MLS Property Information Network #70651735 Report a problem | ||
| 10/10/2007 | Price change | $254,900-3.8%$218/sqft |
Source: MLS Property Information Network #70651735 Report a problem | ||
| 9/22/2007 | Listed for sale | $264,900+22.1%$227/sqft |
Source: MLS Property Information Network #70651735 Report a problem | ||
| 9/23/2002 | Sold | $216,900$186/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.4 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 1 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.8 mi
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Estimated market value
$468,000
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
$468,000
- Massachusetts
- Essex County
- Salem
- 01970
- 55 Ocean Ave Unit 1
