OFF MARKET

Off market aug 2022 for $1.5M

$1,746,461

Est. refi paymentEst. refi $2,562/mo

•

3,891

sq ft

5 Chestnut St, Salem, MA 01970

About this home

Gracious & manageable 5 BR Federal townhouse, remarkably preserved & respectfully improved over the owners’ custodianship. Large vestibule leads to the EH w/lovely staircase, showcasing classic federal detail. Elegantly proportioned LR & DR, w/original interior shutters, gas & wood fireplaces. Graceful carved arches connect the rooms. Sunny kitchen w/gas fireplace opens to the deck & garden. 1/2 bath rounds out this floor. Downstairs family/playroom w/original kitchen fireplace & beehive oven(!), a utility work room, a sunny laundry room & a full bath. Upstairs, 5 BR’s, an office & 2 baths spread over 2 floors. Breathtaking grounds; a brick driveway, extravagant hardscaping, 2 fountains, & a restored antique barn, suitable for a car, (currently used for storage). A well insulated house, with new & restored windows, central air, 4 zone hot water heat, on-demand hot water, new wiring & plumbing throughout. A grand turnkey house moments from downtown Salem & the train station!

Single-familyProperty Type

1828Year Built

4,243 sq ftLot Size

$449Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Michael Selbst • Gibson Sotheby's International Realty

Bought with Michael Selbst • Gibson Sotheby's International Realty

Redfin checked: 2 minutes ago

•Source:MLS PIN #72984878

Redfin Estimate

$1,746,461

$156K since sold in August 2022$10K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.1% higher than the average sale price ($1.52M) 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 JUN 26, 2026
$2,100,000
B
6 beds3.5 baths5,803 sq ft
40 Chestnut St, Salem, MA 01970
SOLD FEB 27, 2026
$2,175,000
C
5 beds4.5 baths5,807 sq ft
38 Chestnut St, Salem, MA 01970
SOLD MAY 15, 2026
$1,150,000
D
4 beds2 baths2,326 sq ft
10 Turner St, Salem, MA 01970
SOLD MAR 12, 2026
$1,350,000
E
6 beds3 baths4,100 sq ft
16 Williams St, Salem, MA 01970
SOLD AUG 14, 2026
$955,000
F
4 beds2 baths2,319 sq ft
12 Northey St, Salem, MA 01970

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Earn from this home

Sell

$488,906

Est. take-home

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Refinance

Est. cash available

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Rent

$6,302/mo

Redfin rental estimate

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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

101.3%

0.1% MoM

Median sale price

$625K

$5K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

151

6 MoM

New listings for sale

NEW 17 HRS AGO
$549,000
4 beds1 bath2,433 sq ft
47 Federal St, Salem, MA 01970
NEW 18 HRS AGO
$650,000
3 beds2.5 baths1,794 sq ft
181 North St #213, Salem, MA 01970
$1,199,000
2 beds2 baths1,455 sq ft
16 Franklin St #2302, Salem, MA 01970
$364,900
1 bed1 bath672 sq ft
24 Norman St #301, Salem, MA 01970
OPEN SAT, 10:30AM TO 12PM
$599,900
4 beds1 bath2,120 sq ft
20 Hancock St #3, Salem, MA 01970
$585,000
2 beds2 baths1,600 sq ft
29 Leach St #3, Salem, MA 01970
$995,000
4 beds3 baths2,766 sq ft
17 Sutton Ave, Salem, MA 01970
3D WALKTHROUGH
$495,000
2 beds1.5 baths1,741 sq ft
52 Pickman Rd Unit 3B, Salem, MA 01970
$369,900
1 bed1 bath506 sq ft
23 Green St Unit 1R, Salem, MA 01970
VIDEO TOUR
$495,900
2 beds2 baths1,419 sq ft
15 First St Unit A2, Salem, MA 01970
See all

Provided by Redfin

Sale history for 5 Chestnut St

Year

Property tax

Land + Additions

Assessment*

2023

$14,703 (+13.8%)

$223,700 + $951,600

$1,175,300

2022

$12,924 (−2.7%)

$211,900 + $763,500

$975,400

2021

$13,281 (+2.7%)

$211,900 + $750,500

$962,400

2020

$12,928 (+1.9%)

$206,000 + $688,700

$894,700

2019

$12,681 (+3.1%)

$197,800 + $642,000

$839,800

2018

$12,301 (+1.2%)

$188,400 + $611,400

$799,800

2017

$12,161 (+2.4%)

$176,600 + $590,200

$766,800

2016

$11,878 (−0.5%)

$167,800 + $590,200

$758,000

2015

$11,938 (+4.1%)

$167,800 + $559,700

$727,500

2014

$11,467 (+2.1%)

$161,900 + $523,500

$685,400

2013

$11,227 (+4.2%)

$161,900 + $523,500

$685,400

2012

$10,772 (+2.6%)

$156,600 + $532,600

$689,200

2011

$10,496 (+1.9%)

$164,800 + $532,600

$697,400

2010

$10,302 (+13.8%)

$182,500 + $552,800

$735,300

2009

$9,053

$177,800 + $522,900

$700,700

Tax history for 5 Chestnut St

Year

Property tax

Land + Additions

Assessment*

2023

$14,703 (+13.8%)

$223,700 + $951,600

$1,175,300

2022

$12,924 (−2.7%)

$211,900 + $763,500

$975,400

2021

$13,281 (+2.7%)

$211,900 + $750,500

$962,400

2020

$12,928 (+1.9%)

$206,000 + $688,700

$894,700

2019

$12,681 (+3.1%)

$197,800 + $642,000

$839,800

2018

$12,301 (+1.2%)

$188,400 + $611,400

$799,800

2017

$12,161 (+2.4%)

$176,600 + $590,200

$766,800

2016

$11,878 (−0.5%)

$167,800 + $590,200

$758,000

2015

$11,938 (+4.1%)

$167,800 + $559,700

$727,500

2014

$11,467 (+2.1%)

$161,900 + $523,500

$685,400

2013

$11,227 (+4.2%)

$161,900 + $523,500

$685,400

2012

$10,772 (+2.6%)

$156,600 + $532,600

$689,200

2011

$10,496 (+1.9%)

$164,800 + $532,600

$697,400

2010

$10,302 (+13.8%)

$182,500 + $552,800

$735,300

2009

$9,053

$177,800 + $522,900

$700,700

*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

3.5

Stories

Lot width

—

Lot depth

—

Lot size

4,356 Sq. Ft.

Year renovated

—

Sq. Ft.

2,882

Year built

1828

Style

Single Family Residential

County

Essex County

APN

2131973

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
Has Garage
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 2

Interior

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

Laundry Information
Laundry Features: Washer Hookup

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 4

Interior Features
# of Rooms (Total): 10
Window Features: Storm Window(s)
Flooring: Wood, Hardwood

Exterior

Building Information
Building Area (Total): 3,891
Foundation Details: Stone, Granite
Construction Materials: Brick
Year Built Source: Public Records
Year Built Details: Actual
Color: yellow

Exterior Features
Fencing: Fenced
Roof: Shingle, Slate, Rubber
Patio And Porch Features: Deck, Patio
Exterior Features: Deck, Patio, Fenced Yard, Outdoor Gas Grill Hookup

Property Information
PropertySubType: Single Family Residence
Property AttachedYN: Yes

Lot Information
Lot Size (Acres): 0.1
Lot Features: Level

Financial

Tax Information
Tax Annual Amount: $12,924
Tax Year: 2022

Utilities

Utility Information
Utilities: for Gas Range, for Electric Oven, Washer Hookup, Outdoor Gas Grill Hookup
Sewer: Public Sewer
Water Source: Public
Electric: 220 Volts, Circuit Breakers

Heating & Cooling
Has Heating
Has Cooling
Heating: Hot Water, Natural Gas
Cooling: Central Air

Location

Location Information
Directions: Flint to Chestnut St
UnparsedAddress: 5 Chestnut St, Salem MA 01970

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

Public facts

Beds: 5
Baths: 3.5
Sq. Ft.: 2,882
Stories: 3.0
Lot Size: 4,356 square feet
Style: Single Family Residential
Year Built: 1828
Year Renovated: —
County: Essex County
APN: 2131973

Home facts updated by county records on Jul 19, 2023

Other

Miscellaneous Information
Heat Zones: 5

Listing Information
Exclusions: Dr Chandelier, Main Bedroom Curtains
StandardStatus: Closed

Around this home

Schools

Saltonstall School

Public K-8 • Assigned • 0.6mi

5/10

Collins Middle School

Public 6-8 • Assigned • 0.5mi

6/10

Salem Prep High School

Public 9-12 • Assigned • 0.3mi

Salem High School

Public 9-12 • Assigned • 1.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

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

Estimated sale price

$1.66M – $2.01M

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Home values near 5 Chestnut St

Data from public records.

Address	Redfin Estimate
10 Chestnut Street, Salem, MA 7 Beds \| 8.5 Baths \| 8497 Sq. Ft.	$2,042,536
1 Chestnut Street, Salem, MA 4 Beds \| 1.5 Baths \| 3443 Sq. Ft.	$1,142,721

Address	Redfin Estimate
13 Chestnut Street, Salem, MA 5 Beds \| 4 Baths \| 3567 Sq. Ft.	$1,785,436
7 Chestnut Street, Salem, MA 5 Beds \| 3.5 Baths \| 4348 Sq. Ft.	$1,195,699

Address	Redfin Estimate
17 1/2 Chestnut Street Unit 17H, Salem, MA 4 Beds \| 2.5 Baths \| 3600 Sq. Ft.	$1,292,262
2 Chestnut Street Unit 1, Salem, MA 2 Beds \| 1 Baths \| 1430 Sq. Ft.	$655,504

Property information provided by MLS PIN when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 01970, MA

Sale history for 5 Chestnut St

Tax history for 5 Chestnut St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 01970

Home values near 5 Chestnut St

More real estate resources