OFF MARKET

Off market dec 2016 for $430K

—

Est. refi paymentEst. refi $2,470/mo

•

3,029

sq ft

3 Preston Rd, Salem, MA 01970

About this home

This 2 family is great for either a rental or to live in one unit and rent out the other. Both units have similar layouts with 3 bedrooms and 1 bath in each. Both units have hardwood floors, a back porch, separate heating systems with separate driveways for convenient parking. House has easy to maintain vinyl siding, high ceilings with 1st floor having a new Defender water heater installed 2016 and unit 2 water heater installed 2011. Each unit has their own 100 amp electrical panel. Top floor is vacant and 1st floor will be delivered vacant. First floor unit has access to additional living space in the basement. It would make for a nice gym, office or movie room. Attic is spacious and with renovations could make for nice additional living space. All appliances to stay as gifts. Bring your ideas and make this multi family shine!

Multi-familyProperty Type

1930Year Built

5,275 sq ftLot Size

$142Price/Sq.Ft.

5 spacesParking

Listed by Tina Crowley • RE/MAX Trinity

Bought with Marcie Gingle • RE/MAX Advantage Real Estate

Redfin checked: a minute ago

•Source:MLS PIN #72083816

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 01970, MA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.4%

0.9% MoM

Median sale price

$605K

$20K MoM

Avg. days on market

27d

5 days MoM

Recently sold homes

141

7 MoM

New listings for sale

$725,000
6 beds2.5 baths2,909 sq ft
4 Upham St, Salem, MA 01970
VIDEO TOUR
$360,000
2 beds1 bath805 sq ft
47 Bridge St #1, Salem, MA 01970
LISTED BY REDFIN
$625,000
3 beds2.5 baths1,838 sq ft
5 Bradford St #1, Salem, MA 01970
3D WALKTHROUGH
$650,000
4 beds2 baths2,405 sq ft
17 Nursery St, Salem, MA 01970
OPEN OCT 24, 12PM TO 1:30PM
$699,900
3 beds2 baths1,274 sq ft
44 Balcomb St, Salem, MA 01970
$789,000
4 beds2 baths1,884 sq ft
14 Boardman St #2, Salem, MA 01970
3D WALKTHROUGH
$840,000
3 beds2 baths2,001 sq ft
15 Larchmont Rd, Salem, MA 01970
$525,000
3 beds1.5 baths1,355 sq ft
39 Linden St #0, Salem, MA 01970
$839,000
3 beds2.5 baths2,163 sq ft
43 Calumet St, Salem, MA 01970
$699,900
2 beds2.5 baths1,288 sq ft
9 Franklin Unit 2A, Salem, MA 01970
See all

Provided by Redfin

Sale history for 3 Preston Rd

Date

Event

Price

MLS PIN #72083816

Dec 16, 2016

Sold

$430,000

$142/sq ft

Nov 1, 2016

Pending

—

Oct 20, 2016

Listed

$449,000

$148/sq ft

MLS PIN #70755438

Jul 1, 2008

Sold

$365,000

$121/sq ft

Jun 6, 2008

Listing Removed

—

May 4, 2008

Listed

$379,000

$125/sq ft

SOLID WELL MAINTAINED, LARGE TWO-FAMILY IN DESIRABLE SOUTH SALEM PICKMAN PARK AREA. NEW ROOF 2006, NEW VINYL AND GUTTERS. HOUSE HAS BEEN INSULATED. FLEXIBLE FLOOR PLAN, CAN BE USED AS LIVING, DINING AND TWO BEDROOM OR AS THREE BEDROOM. FIRST FLOOR UNIT HAS ADDITIONAL FINISHED FAMILY ROOM IN BASEMENT. LARGE, CLEAN BASEMENT AND FULL ATTIC FOR STORAGE. SECOND FLOOR TENANT IS CURRENTLY RENTING WITH "SWEET HEART" BELOW MARKET RENT. GORGEOUS HARDWOOD FLOORS IN BOTH UNITS. LOTS OF OFF STREET PARKING.

Year

Property tax

Land + Additions

Assessment*

2021

$7,424 (−0.8%)

$152,700 + $385,300

$538,000

2020

$7,482 (+1.3%)

$149,800 + $368,000

$517,800

2019

$7,387 (+9.1%)

$141,000 + $348,200

$489,200

2018

$6,769 (+5.3%)

$131,600 + $308,500

$440,100

2017

$6,431 (+1.2%)

$123,400 + $282,100

$405,500

2016

$6,354 (+7.4%)

$123,400 + $282,100

$405,500

2015

$5,916 (+11.6%)

$108,700 + $251,800

$360,500

2014

$5,300 (+4.6%)

$108,700 + $208,100

$316,800

2013

$5,065 (+4.0%)

$108,700 + $200,500

$309,200

2012

$4,872 (−1.9%)

$111,000 + $200,700

$311,700

2011

$4,965 (−1.1%)

$114,000 + $215,900

$329,900

2010

$5,020 (+0.4%)

$123,400 + $234,900

$358,300

2009

$5,001

$125,700 + $261,400

$387,100

Tax history for 3 Preston Rd

Year

Property tax

Land + Additions

Assessment*

2021

$7,424 (−0.8%)

$152,700 + $385,300

$538,000

2020

$7,482 (+1.3%)

$149,800 + $368,000

$517,800

2019

$7,387 (+9.1%)

$141,000 + $348,200

$489,200

2018

$6,769 (+5.3%)

$131,600 + $308,500

$440,100

2017

$6,431 (+1.2%)

$123,400 + $282,100

$405,500

2016

$6,354 (+7.4%)

$123,400 + $282,100

$405,500

2015

$5,916 (+11.6%)

$108,700 + $251,800

$360,500

2014

$5,300 (+4.6%)

$108,700 + $208,100

$316,800

2013

$5,065 (+4.0%)

$108,700 + $200,500

$309,200

2012

$4,872 (−1.9%)

$111,000 + $200,700

$311,700

2011

$4,965 (−1.1%)

$114,000 + $215,900

$329,900

2010

$5,020 (+0.4%)

$123,400 + $234,900

$358,300

2009

$5,001

$125,700 + $261,400

$387,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,356 Sq. Ft.

Year renovated

—

Sq. Ft.

2,376

Year built

1930

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

2130990

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 27, 2023.

ECOD

Residential One-Family District

For the purposes of promoting the more efficient use of land in harmony with its natural features and with the general intent of the Zoning Ordinance and to protect and promote the health, safety, convenience and general welfare of the inhabitants of the City, an owner or owners of a tract of land situated within the R1 One-Family Residential Districts, RC Residential Conservation Districts, R2 Two-Family Residential Districts and R3 Multifamily Residential Districts or a duly authorized agency thereof may, in connection with the submission of a subdivision plan for Planning Board approval under the Subdivision Control Law or, if no such approval is required, after consultation with the Planning Board, make application to the Planning Board for a special permit excepting his plan from the lot area and frontage requirement

Zone overlays

Entrance Corridor Overlay District

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Public service
Golf related

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 5
Parking Features: Paved Drive, Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 2

Basement Information
Basement: Full, Partially Finished, Sump Pump, Concrete

Laundry Information
Laundry Features: Electric Dryer Hookup, Washer Hookup

Interior Features
# of Rooms (Total): 10
Flooring: Tile, Vinyl, Hardwood, Wood
Interior Features: Crown Molding, Bathroom With Tub & Shower, Open Floorplan, Country Kitchen, Living Room, Kitchen, Dining Room

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N

Exterior

Building Information
Building Area (Total): 3,029
Foundation Area: 5,275
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Stories (Total): 2
Year Built Source: Public Records
Year Built Details: Actual
Color: white

Exterior Features
Fencing: Fenced/Enclosed
Roof: Shingle
Patio And Porch Features: Porch, Enclosed, Patio
Exterior Features: Garden

Property Information
PropertySubType: 2 Family - 2 Units Up/Down

Lot Information
Lot Size (Acres): 0.12
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $6,354.19
Tax Year: 2016

Utilities

Utility Information
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: 200+ Amp Service

Heating & Cooling
Has Heating
Heating: Natural Gas
Heating Units: 2

Location

Location Information
Directions: Jefferson to Preston
UnparsedAddress: 3 Preston Rd, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Shopping, University

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,376
Stories: 2.0
Lot Size: 4,356 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: —
County: Essex County
APN: 2130990

Home facts updated by county records on Jan 27, 2023

Other

Miscellaneous Information
Heat Zones: 2

Listing Information
StandardStatus: Closed

Around this home

Schools

Horace Mann Laboratory School

Public PreK-5 • Assigned • 0.7mi

3/10

Saltonstall School

Public K-8 • Assigned • 1.0mi

5/10

Salem High School

Public 9-12 • Assigned • 0.8mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Salem, MA • 01970

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

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Home values near 3 Preston Rd

Data from public records.

Address	Redfin Estimate
9 Preston Road, Salem, MA 3 Beds \| 1 Baths \| 1196 Sq. Ft.	$593,076
5 Preston Road, Salem, MA 4 Beds \| 3 Baths \| 1890 Sq. Ft.	$759,054

Address	Redfin Estimate
6 Preston Road, Salem, MA 3 Beds \| 1 Baths \| 1291 Sq. Ft.	$565,894
3 Preston Road Unit 1, Salem, MA 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$505,857

Address	Redfin Estimate
1 Preston Road, Salem, MA 4 Beds \| 2 Baths \| 2288 Sq. Ft.	$630,691
3 Preston Road Unit 2, Salem, MA 3 Beds \| 1 Baths \| 1515 Sq. Ft.	$518,059

Property information provided by MLS PIN when last listed in 2016. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 01970, MA

Sale history for 3 Preston Rd

Tax history for 3 Preston Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 01970

Home values near 3 Preston Rd

More real estate resources