40 Essex Street #1, Salem, MA 01970 - Photo 1

1/1

$557,000

Sold
Closed
Condo
2 Beds
2 Full Baths
1,153 Sq. Ft.
1 Car Garage

1/1

Property Description

Too good to be true????? Ideally located just 0.2 miles from vibrant downtown Salem and the Salem Common, this sunny FIRST-FLOOR home offers comfortable, convenient city living. The open-concept layout features TWO BEDROOMS AND TWO FULL BATHROOMS along with beautiful hardwood floors throughout. The well-appointed kitchen boasts granite countertops and stainless steel appliances, while CENTRAL A/C and IN-UNIT LAUNDRY add everyday comfort and convenience. A private entrance with a charming porch provides a welcoming outdoor space. Additional amenities include basement storage, GARAGE PARKING FOR ONE CAR, plus an additional driveway space. PET-FRIENDLY with one dog or cat permitted per unit. A wonderful opportunity to enjoy all that Salem has to offer, right outside your door!

Full Property Details

Full Property Details for 40 Essex St #1

General

Sold For: $557,000
HOA FEE: $193/month
Taxes: $4,718 (2026)
Status: Closed
Type: Condo
MLS ID: 73570783
Added to Site: 56 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Bathroom 1: First
Bathroom 2: First

Bedrooms

Total Bedrooms: 2
Primary Bedroom: First
Bedroom 2: First

Other Rooms

Living Room: First
Kitchen: First
Dining Room: First

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Detached, Off Street

Location

County: Essex

Structural Information

Basement: Yes
Stories/Levels: 1
Square Feet: 1,153
Year Built: 1870

Financial Considerations

Association Fee: $193
Tax Amount: $4,718
Tax Year: 2026

Disclosures and Reports

Disclosures/Rstr.: Water heater replaced 6/2026!! Condo fee also includes curbside composting. Hardwood floors under carpeting in primary bedroom.
Property ID: 4765546

Listed by MerryFox Realty, Merry Fox Team and Maggie Gibson
Sold by MerryFox Realty, Merry Fox Team

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Listing agents

— 40 Essex St #1 —

Merry Fox Team

MerryFox Realty
Maggie Gibson

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Schools

Schools serving 40 Essex St #1

School District:Salem School District, Salem, MA

Name	Grades	Distance
Carlton Elementary School 10 Skerry Street, Salem, MA 01970	K-5	0.6 mi
Saltonstall School 211 Lafayette Street, Salem, MA 01970	K-8	0.8 mi
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970	K-5	1.3 mi
Collins Middle School 29 Highland Avenue, Salem, MA 01970	6-8	1.2 mi
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970	9-12	0.4 mi
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970	9-12	1.8 mi
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970	K-5	1.7 mi
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970	K-5	1.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Essex St #1

Date

Details

Price

Change

Source

9/29/2026

Sold

$557,000

1.29%

MLS

9/01/2026

Listed

$549,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
Active
Updated 3 hours ago

4
Beds
4
Total Baths
2,344
Sq. Ft.

Just Listed

$650,000

Open House

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Multi-Family
Active
Updated 14 hours ago

2
Units
4
Total Beds
0.16
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Just Listed

$775,000

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Single Family
Active
Updated 2 days ago

3
Beds
3
Total Baths
1,993
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Just Listed

$499,000

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Townhouse
Active
Updated 4 hours ago

2
Beds
3
Total Baths
1,623
Sq. Ft.

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Price Reduced

-$16,000 (-3.37%)

$459,000

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Condo
Active
Updated 16 hours ago

2
Beds
2
Total Baths
1,535
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Price Reduced

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$699,900

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Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
1,832
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Price Reduced

-$10,000 (-1.89%)

$519,900

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Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
1,140
Sq. Ft.

150R Winona St, Peabody, MA 01960 - Photo 1

Price Reduced

-$70,000 (-5.19%)

$1,279,000

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Single Family
Active
Updated 3 days ago

4
Beds
4
Total Baths
3,166
Sq. Ft.

Sold

$540,000

1 Turner St #1 Salem, MA 01970

Condo
Closed

2
Beds
2
Total Baths
930
Sq. Ft.

Sold

$610,000

49 Essex St #2L Salem, MA 01970

Townhouse
Closed

3
Beds
1
Total Bath
1,283
Sq. Ft.

Sold

$550,000

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Townhouse
Closed

2
Beds
1
Total Bath
1,087
Sq. Ft.

Sold

$525,000

49 Essex St #1L Salem, MA 01970

Condo
Closed

2
Beds
1
Total Bath
764
Sq. Ft.

40 Essex Street #1, Salem, MA 01970 (MLS# 73570783) is a Condo property that was sold at $557,000 on September 29, 2026. Want to learn more about 40 Essex Street #1? Do you have questions about finding other Condo real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

40 Essex St #1 Salem, MA 01970