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Off market
  • $492,800

    55 Ocean Ave #3, Salem, MA 01970

    3beds
    1,395sqft
    Condo
    Built in 1895
    -- sqft lot
    $492,800 Zestimate®
    $353/sqft
    $2,611 Estimated rent

    Home value

    $492,800

    $468,000 - $517,000

    $2,611/mo

    Zestimate® history
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    What's special

    Beautiful Penthouse Condo with Victorian detail! This Home features 3 Bedrooms, 1 Bath, and nearly 1400 sq ft of living space. Spacious Kitchen with Upgraded Cabinets, Granite, SS Appliances, and Backsplash. Formal Dining Room with a Built-in Bar and Electric Fireplace. Bathroom with original Clawfoot Tub. Large living room loaded with Natural Light, Gleaming HW Floors, Faux Fireplace, and detailed crown molding. Gas Heating System (2015) Unit's own Washer/dryer in the basement. Ideal location to Commuter Rail, Short walk to downtown, Forest River Park, Salem Harbor, Salem State University, and restaurants. Unit comes with 1 deeded off street parking, shared grounds, patio, porch, and one garden bed for tenants use. Tons of storage with its closet space, attic, and blocked off basement area.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other, Gas
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,395 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: SALEM33L0393S803

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Frame
    • Roof: Slate
    Condition
    • Year built: 1895

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $216 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $353/sqft
    • Tax assessed value: $434,500
    • Annual tax amount: $4,927

    Price history

    DateEventPrice
    8/20/2026Listing removed$499,000$358/sqft
    Source: MLS PIN #73545195 Report a problem
    7/6/2026Listed for sale$499,000+16%$358/sqft
    Source: MLS PIN #73545195 Report a problem
    7/8/2022Sold$430,000+7.5%$308/sqft
    Source: MLS PIN #72997761 Report a problem
    6/18/2022Pending sale$399,900$287/sqft
    Source: RE/MAX International #72997761 Report a problem
    6/18/2022Contingent$399,900$287/sqft
    Source: MLS PIN #72997761 Report a problem
    6/15/2022Listed for sale$399,900+31.6%$287/sqft
    Source: MLS PIN #72997761 Report a problem
    3/11/2019Listing removed$2,200$2/sqft
    Source: RE/MAX 360 #72450617 Report a problem
    2/8/2019Listed for rent$2,200$2/sqft
    Source: RE/MAX 360 #72450617 Report a problem
    1/17/2019Sold$303,900+1.3%$218/sqft
    Source: Public Record Report a problem
    12/12/2018Pending sale$299,900$215/sqft
    Source: Century 21 North East #72428465 Report a problem
    11/30/2018Listed for sale$299,900+16.2%$215/sqft
    Source: Century 21 North East #72428465 Report a problem
    4/28/2016Sold$258,000-0.7%$185/sqft
    Source: Public Record Report a problem
    9/23/2015Listed for sale$259,900$186/sqft
    Source: Renaissance REALTORS� #71887950 Report a problem
    9/22/2015Pending sale$259,900$186/sqft
    Source: Renaissance REALTORS� #71887950 Report a problem
    8/12/2015Listed for sale$259,900-5.5%$186/sqft
    Source: Renaissance REALTORS� #71887950 Report a problem
    4/14/2005Sold$275,000$197/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,927 +2.6%$434,500 +5.1%
    2024$4,804 +3.2%$413,400 +11%
    2023$4,657 $372,300
    2022$4,657 +7.1%$372,300 +18.2%
    2021$4,347 +2.2%$315,000 +7%
    2020$4,254 +5.3%$294,400 +10.1%
    2019$4,038 +7.7%$267,400 +9.7%
    2018$3,748 +2%$243,700 +5.2%
    2017$3,673 +5.7%$231,600 +4.4%
    2016$3,476 -0.1%$221,800 +4.6%
    2015$3,479 +2.8%$212,000 +4.8%
    2014$3,383 +5%$202,200 -1.9%
    2012$3,221 +0.9%$206,100 -2.8%
    2011$3,191 -1.5%$212,000 -8.3%
    2010$3,238 +3.1%$231,100 -4.9%
    2009$3,141 +5.5%$243,100 -4.7%
    2008$2,978 +2.5%$255,200 -5.3%
    2007$2,904 $269,600
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $492,800
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    Estimated market value
    $492,800