SOLD JUN 26, 2026

Sold on jun 2026

$2,100,000

•

5,803

sq ft

40 Chestnut St, Salem, MA 01970

Track this home’s value and nearby sales activity

About this home

Grand single family townhouse on historic Chestnut Street in Salem. Started life in 1845 as a Greek Revival, later updated Colonial Revival details which has yielded a house with a rarified material quality...fluted pilasters, hand carved mantels, rich paneled wainscotting, mahogany windowsills, and the most delightful old-world butlers pantry. The whole house imparts a sense of enduring and elevated quality. Restored and updated to the highest standards: significant rewiring in the last year, 2 zone c/ac, recent new roof, custom baths, 4 zone irrigation & exterior lighting, & custom copper gutters, to name a few. The outdoor spaces are artfully designed for beauty, functionality and low maintenance. Located at the upper end of Chestnut St, lined with 19th century mansions built during the heyday of Salem’s seafaring trade. Minutes from downtown Salem and the train. This is a rare offering of a turnkey home in a completely intact 19th century New England setting.

Single-familyProperty Type

1850Year Built

5,550 sq ftLot Size

$362Price/Sq.Ft.

2 spacesParking

Listed by Michael Selbst • Gibson Sotheby's International Realty

Listed by • Gibson Sotheby's International Realty

Bought with Michael Selbst • Gibson Sotheby's International Realty

Redfin checked: 2 minutes ago

•Source:MLS PIN #73501166

Redfin Estimate

$2,099,195

$805 since sold in June 2026$67K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 69.3% higher than the average sale price ($1.24M) of 6 comparable homes.

SOLD JUL 31, 2026
$1,375,000
A
4 beds2.5 baths3,417 sq ft
20 Winter St, Salem, MA 01970
SOLD FEB 27, 2026
$2,175,000
B
5 beds4.5 baths5,807 sq ft
38 Chestnut St, Salem, MA 01970
SOLD AUG 17, 2026
$690,000
C
4 beds3 baths1,786 sq ft
28 Grove St, Salem, MA 01970
SOLD MAR 12, 2026
$1,350,000
D
6 beds3 baths4,100 sq ft
16 Williams St, Salem, MA 01970
SOLD AUG 14, 2026
$955,000
E
4 beds2 baths2,319 sq ft
12 Northey St, Salem, MA 01970
SOLD AUG 13, 2026
$895,000
F
4 beds2.5 baths2,200 sq ft
59 Summer St, Salem, MA 01970

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Market trends in 01970, MA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.2%

0.1% MoM

Median sale price

$625K

$5K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

148

3 MoM

New listings for sale

OPEN SAT, 12PM TO 1PM
$579,900
3 beds2 baths1,674 sq ft
7 Lovett St, Salem, MA 01970
OPEN SAT, 11AM TO 12:30PM
$499,000
2 beds1.5 baths1,261 sq ft
270 Lafayette St #1, Salem, MA 01970
OPEN SAT, 11AM TO 12:30PM
$699,900
2 beds2.5 baths1,288 sq ft
9 Franklin Unit 2A, Salem, MA 01970
OPEN SAT, 10AM TO 11:30AM
$480,000
2 beds1 bath936 sq ft
2 Orchard Street Unit 1 #1, Salem, MA 01970
OPEN SAT, 10:30AM TO 11:30AM
$649,000
2 beds2 baths1,874 sq ft
61 Mason St, Salem, MA 01970
OPEN SAT, 11AM TO 1PM
$1,195,000
3 beds2.5 baths2,680 sq ft
27 Flint Unit A, Salem, MA 01970
OPEN SAT, 2PM TO 3PM
$749,000
3 beds3.5 baths2,823 sq ft
72 Cavendish Cir #72, Salem, MA 01970
OPEN SAT, 10AM TO 11:30AM
$439,000
1 bed1 bath985 sq ft
90 Wharf St Unit L12, Salem, MA 01970
$549,000
4 beds1 bath2,433 sq ft
47 Federal St, Salem, MA 01970
$650,000
3 beds2.5 baths1,794 sq ft
181 North St #213, Salem, MA 01970
See all

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Rental estimate

Est. $5,980 per month, based on comparable rentals

Sale and tax history for 40 Chestnut St

Sale History
Tax History

Date

Event

Price

MLS PIN #73501166

Jun 26, 2026

Sold

$2,100,000

$362/sq ft

Apr 20, 2026

Contingent

—

Apr 14, 2026

Listed

$2,200,000

$379/sq ft

MLS PIN #73353104

May 15, 2025

Sold

$2,110,000

$364/sq ft

Apr 18, 2025

Contingent

—

Apr 1, 2025

Listed

$2,250,000

$388/sq ft

+36

Grand triple-mint condition single family townhouse on gorgeous Chestnut Street in Salem. Started life in 1845 as a Greek Revival, later updated Colonial Revival details, which has yielded a house with a rarified material quality...fluted pilasters, hand carved mantels, rich paneled wainscotting, mahogany windowsills, and the most delightful old-world butlers pantry. The whole house imparts a sense of enduring and elevated quality. The owners have maintained this home to the highest standards; recent repointing, 2 zone c/ac, recent new roof, custom baths, 4 zone irrigation & exterior lighting, & custom copper gutters, to name a few. The outdoor spaces are artfully designed for beauty, functional and low maintenance. Located at the upper end of Chestnut St, lined with 19th century mansions built during the heyday of Salem’s seafaring trade. Minutes from downtown Salem and the train. This is a rare offering of a turnkey home in a completely intact 19th century New England setting.

MLS PIN #30280620

Sep 7, 1999

Sold

$520,000

$90/sq ft

May 10, 1999

Listing Removed

—

Dec 11, 1998

Listed

$549,000

$95/sq ft

Public Records

Sep 2, 1997

Sold

$395,000

$68/sq ft

Public Records

Jun 2, 1986

Sold

$500,000

$86/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$18,979 (+14.0%)

$231,100 + $1,286,000

$1,517,100

2022

$16,650 (+0.6%)

$219,000 + $1,037,600

$1,256,600

2021

$16,556 (−3.1%)

$219,000 + $980,700

$1,199,700

2020

$17,080 (+4.5%)

$212,900 + $969,100

$1,182,000

2019

$16,341 (+11.8%)

$204,400 + $877,800

$1,082,200

2018

$14,622 (+3.1%)

$194,600 + $756,100

$950,700

2017

$14,184 (+2.3%)

$182,500 + $711,800

$894,300

2016

$13,871 (−6.7%)

$173,400 + $711,800

$885,200

2015

$14,869 (+2.7%)

$173,400 + $732,700

$906,100

2014

$14,480 (+2.5%)

$167,300 + $698,200

$865,500

2013

$14,129 (+7.9%)

$167,300 + $695,300

$862,600

2012

$13,096 (+6.2%)

$161,800 + $676,100

$837,900

2011

$12,333 (+5.1%)

$170,300 + $649,200

$819,500

2010

$11,738 (+8.1%)

$188,600 + $649,200

$837,800

2009

$10,859

$183,700 + $656,800

$840,500

Public record

Public record
Zoning

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

5,663 Sq. Ft.

Year renovated

—

Sq. Ft.

5,961

Year built

1845

Style

Single Family Residential

County

Essex County

APN

2131596

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

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

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
Open Parking Spaces: 2
Parking Spaces: 2
Parking Features: Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 3
# of Bathrooms (Half): 1
Master Bathroom Features: Yes

Basement Information
Basement: Full, Partially Finished

Laundry Information
Laundry Features: Electric Dryer Hookup, Washer Hookup

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 8

Appliances
Appliances: Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer

Interior Features
# of Rooms (Total): 14
Window Features: Storm Window(s)
Flooring: Wood, Marble
Interior Features: Central Vacuum, Wet Bar, Walk-Up Attic

Exterior

Building Information
Building Area (Total): 5,803
Foundation Details: Granite
Construction Materials: Brick
Year Built Source: Public Records
Year Built Details: Actual

Exterior Features
Fencing: Fenced
Roof: Shingle
Exterior Features: Fenced Yard

Property Information
Accessibility Features: No
PropertySubType: Single Family Residence
Property AttachedYN: Yes
Above Grade Finished Area: 5803
Security Features: Security System
ADU: N

Lot Information
Lot Size (Acres): 0.13
Lot Features: Level
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $20,930
Tax Year: 2025

Utilities

Utility Information
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Has Heating
Has Cooling
Heating: Forced Air, Natural Gas
Cooling: Central Air

Location

Location Information
Directions: Flint to Chestnut
UnparsedAddress: 40 Chestnut St, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University

Public facts

Beds: 8
Baths: 3.5
Sq. Ft.: 5,961
Stories: 4.0
Lot Size: 5,663 square feet
Style: Single Family Residential
Year Built: 1845
Year Renovated: —
County: Essex County
APN: 2131596

Home facts updated by county records on Jul 19, 2023

Other

Miscellaneous Information
Heat Zones: 2

Listing Information
Exclusions: Curtains In Main Bedroom And Back Bedroom On 3rd Floor. Sconces In The Dining Room.
StandardStatus: Closed

Around this home

Schools

Saltonstall School

Public K-8 • Assigned • 0.7mi

5/10

Collins Middle School

Public 6-8 • Assigned • 0.3mi

6/10

Salem Prep High School

Public 9-12 • Assigned • 0.5mi

Salem High School

Public 9-12 • Assigned • 1.0mi

4/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

7/10 Wind Factor

78% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

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

84/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Salem. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.00M – $2.42M

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Home values near 40 Chestnut St

Data from public records.

Address	Redfin Estimate
48 Chestnut Street, Salem, MA 4 Beds \| 2.5 Baths \| 3800 Sq. Ft.	$1,217,026
42 Chestnut Street, Salem, MA 8 Beds \| 3.5 Baths \| 3722 Sq. Ft.	$1,450,695

Address	Redfin Estimate
46 Chestnut Street, Salem, MA 5 Beds \| 3.5 Baths \| 3500 Sq. Ft.	$1,902,354
38 Chestnut Street, Salem, MA 5 Beds \| 4.5 Baths \| 5807 Sq. Ft.	$2,318,029

Address	Redfin Estimate
44 Chestnut Street, Salem, MA 5 Beds \| 3.5 Baths \| 3284 Sq. Ft.	$1,443,428
30 Chestnut Street, Salem, MA 6 Beds \| 4.5 Baths \| 9317 Sq. Ft.	$1,948,632

Property information provided by MLS PIN when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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40 Chestnut St, Salem, MA 01970

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Market trends in 01970, MA

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Sale and tax history for 40 Chestnut St

Public record

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Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

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