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Sold for $450,000
  • $450,000

    55 Ocean Ave #2, Salem, MA 01970

    2beds
    1,182sqft
    Condominium
    Built in 1895
    -- sqft lot
    $478,700 Zestimate®
    $381/sqft
    $2,873 Estimated rent

    Home value

    $478,700

    $455,000 - $503,000

    $2,873/mo

    Zestimate® history
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    What's special

    Fantastic location! With a Walk Score® of 83, you'll enjoy the close proximity to Forest River Park and all that downtown Salem has to offer. The hardwood floors and period Victorian detail bring warmth and character to this 2-bedroom condo in South Salem. Large windows let in lots of natural light and high ceilings give you space to breath! There is a spacious living room and dining room with the original fireplace mantle, and the kitchen has convenient built-in shelves and a new dishwasher. Additionally, this home has an updated bathroom, an office (or workout room, if you prefer), in-unit laundry, deeded parking, extra exclusive storage in the basement, the exclusive right to build a deck off the side/front of the building over the existing porch roof, and a raised garden bed. The gas boiler is less than 10 years old. The association is pet friendly (some breed restrictions - see condo docs). The yard and front porch are common spaces. Showings begin at the open houses.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Murray Brown Group 508-284-5098,

    RE/MAX Beacon 978-219-0011

    Bought with:

    Merry Fox Team

    MerryFox Realty

    Source: MLS PIN,MLS#: 73268367

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood, Pine
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 1,182
    • Total interior livable area: 1,182 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street, Deeded
    • Uncovered spaces: 1
    Features
    • Waterfront features: Harbor, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 4,400 sqft
    Details
    • Parcel number: M:33 L:0393 S:802,4421183
    • Zoning: R2

    Construction

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

    Utilities & green energy

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

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

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

    Price history

    DateEventPrice
    9/4/2024Sold$450,000+5.9%$381/sqft
    Source: MLS PIN #73268367 Report a problem
    8/1/2024Contingent$424,900$359/sqft
    Source: MLS PIN #73268367 Report a problem
    7/23/2024Listed for sale$424,900+37.1%$359/sqft
    Source: MLS PIN #73268367 Report a problem
    2/26/2019Sold$310,000+3.7%$262/sqft
    Source: Public Record Report a problem
    1/29/2019Pending sale$299,000$253/sqft
    Source: Century 21 North East #72443911 Report a problem
    1/20/2019Listed for sale$299,000+4.9%$253/sqft
    Source: Century 21 North East #72443911 Report a problem
    11/8/2018Listing removed$285,000$241/sqft
    Source: Keller Williams Realty #72386794 Report a problem
    10/23/2018Pending sale$285,000$241/sqft
    Source: Keller Williams Realty #72386794 Report a problem
    10/15/2018Price change$285,000-1.7%$241/sqft
    Source: Keller Williams Realty #72386794 Report a problem
    9/13/2018Listed for sale$289,900$245/sqft
    Source: Keller Williams Realty #72386794 Report a problem
    9/4/2018Pending sale$289,900$245/sqft
    Source: Keller Williams Realty #72386794 Report a problem
    8/31/2018Listed for sale$289,900+46.8%$245/sqft
    Source: Keller Williams Realty #72386794 Report a problem
    9/20/2013Sold$197,500-1.2%$167/sqft
    Source: Public Record Report a problem
    6/7/2013Listed for sale$199,900$169/sqft
    Source: RE/MAX Advantage Real Estate #71537895 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,747 +2.4%$418,600 +4.9%
    2024$4,638 +3.5%$399,100 +11.5%
    2023$4,479 $358,000
    2022$4,479 +4.6%$358,000 +15.4%
    2021$4,281 +2.1%$310,200 +6.9%
    2020$4,193 +5.3%$290,200 +10%
    2019$3,982 +7.7%$263,700 +9.6%
    2018$3,699 +3.5%$240,500 +6.7%
    2017$3,573 +5.6%$225,300 +4.4%
    2016$3,382 -0.1%$215,800 +4.6%
    2015$3,385 +2.9%$206,300 +4.9%
    2014$3,291 +5%$196,700 -1.9%
    2012$3,134 +0.9%$200,500 -2.8%
    2011$3,105 -1.5%$206,300 -8.3%
    2010$3,151 +3.1%$224,900 -4.9%
    2009$3,056 +5.5%$236,500 -4.7%
    2008$2,896 +2.6%$248,200 -5.3%
    2007$2,823 $262,100

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $478,700
    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
    $478,700