Penthouse level one bedroom/one bathroom condo is freshly painted and move in ready! Spacious living room and eat-in kitchen this home features hardwood floors and large windows bringing in lots of natural light! 1-car garage and 1 additional parking in front of garage. Low condo fee, pet friendly, convenient in-building storage and laundry. Located less than a mile from downtown Salem and all of the area's amenities including museums, shops, restaurants and historic sightseeing. Minutes to the beach. New hot water heater. Great investment or first-time home.
CondoProperty Type
1910Year Built
$425Price/Sq.Ft.
$300/moHOA Dues
1 garage spacesParking
Listed by Kim Douglas• Coldwell Banker Realty - Boston
The Point, located between the South River and downtown Salem, is a waterfront and historic Salem neighborhood with narrow streets and working-harbor views. Much of the area reads as compact, older housing stock set close to the sidewalk, with glimpses of marinas and the river at the ends of blocks. The neighborhood’s character concentrates around Derby Street near Palmer Cove Park, where corner markets, takeout counters, and dockside foot traffic set a steady, everyday rhythm. Community pillars include The House of the Seven Gables, the Salem Maritime National Historic Site, and the Salem Ferry terminal. Walks trace the shoreline at Palmer Cove Park and along Derby Wharf, with boats and salt air shaping the pace. The setting feels distinctly coastal, with downtown’s museums and cafés a short walk away.
Provided by Walk Score and Local Logic
Market insights
44 Pingree St #5 · $259,000
DAYS ON MARKET
19 days
The average home goes pending in 31 days.
SALE-TO-LIST
99.5%
Most homes are selling 1% below list price.
LIST PRICE
$259,000
Median sale price in this area is $434,142. (68% higher than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Total of 4 rooms
Wood and tile flooring
Bathrooms
1 full bathroom
Kitchen
Range
Dishwasher
Microwave
Refrigerator
Freezer
Laundry & utility
Washer and dryer in building
Flooring
Wood
Tile
Heating & cooling
Forced air heating (natural gas)
Window cooling units
Exterior features
Wood deck
Home design
Condominium (attached)
Mid-rise building
Unit located on upper entry level (entry level 3)
Parking
Detached parking
Off-street parking
1 garage space (covered)
1 open parking space
Total 2 parking spaces
Construction
Brick construction
Rubber roof
Built according to public records
Utilities
Public water
Public sewer
HOA & community
Monthly association fee of $300
Association fee includes water, sewer, and insurance
Laundry amenity through association
Pets allowed
Not a senior community
Other
Listing status: Active Under Contract
Electricity and solar
View estimated energy costs and solar savings for this home
Beautiful brick condo with some updates. Spacious livingroom and kitchen with one bedroom and 1 bathroom. Beautiful hardwood floors, large and tall windows gives off plenty of natural sunlights, high ceilings and brick and decorative wall in the living. 1-car garage and an additional parking in front of garage. Low condo fee and no management expenses. Managed by Trustee on site. Close all of the area's amenities such as the Salem Registry of Deeds, Salem State University and Salem downtown. Walking distance to the beach with beach view. Condo fee includes water, sewer, master insurance and flood insurance.
MLS PIN #72263549
Feb 14, 2018
Sold
$130,000
$213/sq ft
Dec 28, 2017
Pending
—
Dec 12, 2017
Listed
$115,000
$189/sq ft
+15
Nice and updated 3 rooms condo with plenty of natural sun lights. Updated electrical and plumbing. Newer roof and gas heating system.Property comes with extra common storage and separate washer and dryer in the basement. One car-garage and 2 additional parking. Conveniently located close to downtown and Salem State University. Beautiful view of the ocean and close to shopping and transportation. Affordable and priced to sell. Don't miss this opportunity. Great for owner occupied and investor. Multiple offers highest and best by 5pm 12/18/17.
Public Records
Jun 27, 2003
Sold
$127,000
$209/sq ft
Public Records
Dec 23, 2002
Sold
$110,000
$181/sq ft
Public Records
Sep 7, 2000
Sold
$50,500
$83/sq ft
Public Records
Feb 3, 1983
Sold
$35,600
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$2,014 (+2.2%)
$161,000
2022
$1,970 (+8.7%)
$148,700
2021
$1,812 (+1.5%)
$131,300
2020
$1,785 (+8.2%)
$123,500
2019
$1,649 (+18.9%)
$109,200
2018
$1,387 (−1.6%)
$90,200
2017
$1,410 (+7.5%)
$88,900
2016
$1,312 (+4.4%)
$83,700
2015
$1,257 (+2.8%)
$76,600
2014
$1,223 (−0.2%)
$73,100
2013
$1,225 (−2.9%)
$74,800
2012
$1,261 (−16.5%)
$80,700
2011
$1,511 (+4.5%)
$100,400
2010
$1,446 (−7.1%)
$103,200
2009
$1,557
$120,500
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
609
Unfinished Sq. Ft.
—
Total Sq. Ft.
609
Year built
1910
Style
Condo/Co-op
County
Essex County
APN
2135608
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 27, 2023.
R3
FHOD
Residential Multifamily 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
Flood Hazard Overlay District
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Museum / gallery
Golf related
Climate risks
10/10 Flood Factor
Estimated 80%+ chance 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 95° expected this year, 15 days in 30 years
8/10 Wind Factor
80% 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)
34
21
36
22
50
33
57
41
68
51
79
62
83
67
79
61
74
56
64
47
53
37
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
70/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 44 Pingree St #5
$262,832
$3,832 over list price of $259K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $333K to $475K.