OFF MARKET

Off market aug 2020 for $540K

$808,708

Est. refi paymentEst. refi $2,496/mo

•

2,463

sq ft

5 Purchase St, Salem, MA 01970

About this home

Stepping past the white picket fence & through the leafy arbor, this cheerful New England classic awaits. Built at the turn of the last century, this spacious home enjoys delightful flow for everyday living & entertaining, indoors & out. The bay-windowed living room opens to the large dining room/family room with glass sliding doors that open to the large deck. Anchoring the balance of the 1st fl is the large EIK with oak cabinetry, recessed lighting, ceramic tile floors & gas stove. The 2nd fl features three comfortably proportioned BRs & a full bath. The 3rd fl walk-up presents the opportunity to create a true master suite. The finished lower level with full bath offers space for retreat or simply to spread out – home office, gym, media room, play room? The expansive, level yard is fully fenced & features the perfect mix of open sunny space & shade from a grand maple tree. Just 0.3mi to Gallows Hill Park & 1mi to downtown Salem & the commuter rail. A special spot to call home.

Single-familyProperty Type

1905Year Built

8,000 sq ftLot Size

$328Est. Price/Sq.Ft.

4 spacesParking

Listed by The Team - Real Estate Advisors • Coldwell Banker Residential Brokerage - Cambridge

Bought with Jason Richardson • Truss Realty Advisors, LLC

Redfin checked: a minute ago

•Source:MLS PIN #72671340

Redfin Estimate

$808,708

$269K since sold in August 2020$14K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14% higher than the average sale price ($709K) of 6 comparable homes.

SOLD MAY 29, 2026
$829,900
A
4 beds3 baths2,473 sq ft
18 Driscoll St, Peabody, MA 01960
BOUGHT WITH REDFIN SEP 21, 2026
$780,000
B
3 beds2 baths1,944 sq ft
37 Home St, Peabody, MA 01960
SOLD JUL 29, 2026
$675,000
C
3 beds2.5 baths2,468 sq ft
16 Laurent Rd, Salem, MA 01970
SOLD AUG 14, 2026
$563,000
D
3 beds2 baths1,037 sq ft
11-1/2 Albion St, Salem, MA 01970
SOLD AUG 27, 2026
$693,500
E
4 beds2 baths2,169 sq ft
41 Ord St, Salem, MA 01970
SOLD SEP 29, 2026
$715,000
F
3 beds2 baths1,750 sq ft
7 Haskell Pl, Peabody, MA 01960

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Earn from this home

Sell

$388,628

Est. take-home

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Est. cash available

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Rent

$4,571/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

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

OPEN SAT, 11AM TO 12:30PM
$749,000
3 beds2 baths1,957 sq ft
4 Emerald Ave, Salem, MA 01970
NEW 17 HRS AGO
$595,000
3 beds1.5 baths1,287 sq ft
88 Ocean Ave #2, Salem, MA 01970
OPEN SAT, 11AM TO 12PM
$650,000
3 beds3 baths2,076 sq ft
12-1/2 Preston Rd, Salem, MA 01970
$1,625,000
8 beds6.5 baths5,795 sq ft
2-4 Saunders St, Salem, MA 01970
$829,000
9 beds3 baths2,345 sq ft
32 Park St, Salem, MA 01970
$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
OPEN SAT, 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
See all

Provided by Redfin

Sale history for 5 Purchase St

Date

Event

Price

MLS PIN #72671340

Aug 6, 2020

Sold

$540,000

$219/sq ft

Jun 17, 2020

Contingent

—

Jun 10, 2020

Listed

$525,000

$213/sq ft

MLS PIN #71991873

May 26, 2016

Sold

$439,000

$178/sq ft

Apr 22, 2016

Pending

—

Apr 21, 2016

Listed

$439,000

$178/sq ft

+25

Perched atop a hill, surrounded by beautiful landscaping and a fully fenced yard, this 3 bedroom house offers you the feeling of privacy with the convenience of easy access to both downtown Salem as well the highways. Great layout including a huge eat in kitchen, spacious dining room, and bright and airy living room. Extra finished space in basement includes a family room, full bath and laundry. Tons of storage throughout including a large attic for expansion possibilities. Updated kitchen, replacement windows, hardwood flooring, tall ceilings..... A truly unique offering. BACK ON MARKET HOWEVER BUYER DID NOT DO HOME INSPECTION AND DID NOT FOLLOW THROUGH ON ANY OBLIGATIONS.

MLS PIN #70559749

Jul 12, 2007

Sold

$371,450

$151/sq ft

Jun 19, 2007

Listing Removed

—

Apr 30, 2007

Price Changed

$374,900

$152/sq ft

Apr 16, 2007

Listed

$388,900

$158/sq ft

PRICED TO SELL!!!!!!!! A charming home awaits you at #5 Purchase St. Surrounded by professionally landscaped grounds and perennial gardens this 3 bedroom colonial will surely impress you. The first floor of this property includes an elegantly decorated family room and dining room which flow into a spacious updated kitchen perfect for the true gourmet. Upstairs you will find 3 large bedrooms and a new full bath as well as a walk up attic awaiting your finishing touches.YOUR SEARCH IS OVER!!!!!

MLS PIN #30727936

Aug 20, 2003

Sold

$322,900

$131/sq ft

Jun 30, 2003

Listing Removed

—

May 30, 2003

Listed

$329,900

$134/sq ft

Public Records

Jan 1, 1975

Sold

$30,500

$12/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$7,260 (+4.9%)

$193,500 + $386,800

$580,300

2022

$6,918 (+1.4%)

$187,100 + $335,000

$522,100

2021

$6,825 (+5.4%)

$174,200 + $320,400

$494,600

2020

$6,476 (+0.4%)

$164,500 + $283,700

$448,200

2019

$6,452 (+3.1%)

$156,100 + $271,200

$427,300

2018

$6,258 (+6.8%)

$148,400 + $258,500

$406,900

2017

$5,857 (+3.3%)

$125,100 + $244,200

$369,300

2016

$5,669 (+4.8%)

$119,300 + $242,500

$361,800

2015

$5,407 (+6.8%)

$109,700 + $219,800

$329,500

2014

$5,062 (+2.1%)

$109,700 + $192,900

$302,600

2013

$4,957 (+0.5%)

$109,700 + $192,900

$302,600

2012

$4,930 (+2.8%)

$117,400 + $198,000

$315,400

2011

$4,796 (+3.0%)

$117,400 + $201,300

$318,700

2010

$4,657 (+5.7%)

$122,600 + $209,800

$332,400

2009

$4,406

$129,000 + $212,000

$341,000

Tax history for 5 Purchase St

Year

Property tax

Land + Additions

Assessment*

2023

$7,260 (+4.9%)

$193,500 + $386,800

$580,300

2022

$6,918 (+1.4%)

$187,100 + $335,000

$522,100

2021

$6,825 (+5.4%)

$174,200 + $320,400

$494,600

2020

$6,476 (+0.4%)

$164,500 + $283,700

$448,200

2019

$6,452 (+3.1%)

$156,100 + $271,200

$427,300

2018

$6,258 (+6.8%)

$148,400 + $258,500

$406,900

2017

$5,857 (+3.3%)

$125,100 + $244,200

$369,300

2016

$5,669 (+4.8%)

$119,300 + $242,500

$361,800

2015

$5,407 (+6.8%)

$109,700 + $219,800

$329,500

2014

$5,062 (+2.1%)

$109,700 + $192,900

$302,600

2013

$4,957 (+0.5%)

$109,700 + $192,900

$302,600

2012

$4,930 (+2.8%)

$117,400 + $198,000

$315,400

2011

$4,796 (+3.0%)

$117,400 + $201,300

$318,700

2010

$4,657 (+5.7%)

$122,600 + $209,800

$332,400

2009

$4,406

$129,000 + $212,000

$341,000

*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

2.5

Stories

Lot width

—

Lot depth

—

Lot size

7,841 Sq. Ft.

Year renovated

—

Sq. Ft.

2,124

Year built

1905

Style

Single Family Residential

County

Essex County

APN

2128556

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
Parking Spaces: 4
Parking Features: Off Street

Interior

Master Bedroom Information
Area: 176
Length: 11
Width: 16
Level: Second
Features: Ceiling Fan(s),Walk-In Closet(s),Flooring - Wall to Wall Carpet,Cable Hookup

Bedroom #2 Information
Area: 132
Length: 11
Width: 12
Level: Second
Features: Ceiling Fan(s),Closet,Flooring - Wall to Wall Carpet,Cable Hookup

Bedroom #3 Information
Area: 216
Length: 12
Width: 18
Level: Second
Features: Ceiling Fan(s),Closet,Flooring - Wall to Wall Carpet,Cable Hookup

Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Half): 1

Bathroom #1 Information
Area: 66
Length: 11
Width: 6
Level: Second
Features: Bathroom - Full,Bathroom - With Tub & Shower,Flooring - Stone/Ceramic Tile

Bathroom #2 Information
Area: 24
Length: 4
Width: 6
Level: First
Features: Bathroom - Half,Flooring - Stone/Ceramic Tile

Bathroom #3 Information
Area: 66
Length: 11
Width: 6
Level: Basement
Features: Bathroom - Full,Bathroom - With Tub & Shower,Flooring - Stone/Ceramic Tile,Dryer Hookup - Electric,Washer Hookup

Living Room Information
Area: 216
Length: 12
Width: 18
Level: Main,First
Features: Ceiling Fan(s),Flooring - Hardwood,Window(s) - Bay/Bow/Box,Cable Hookup,Crown Molding

Dining Room Information
Area: 180
Length: 12
Width: 15
Level: Main,First
Features: Ceiling Fan(s),Flooring - Hardwood,Balcony / Deck,Deck - Exterior,Exterior Access,Crown Molding

Kitchen Information
Area: 351
Length: 13
Width: 27
Level: Main,First
Features: Bathroom - Half,Ceiling Fan(s),Closet,Flooring - Stone/Ceramic Tile,Pantry,Countertops - Stone/Granite/Solid,Cable Hookup,Recessed Lighting

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

Laundry Information
Laundry Features: Washer Hookup

Interior Features
# of Rooms (Total): 7
Window Features: Insulated Windows
Flooring: Tile, Carpet, Hardwood, Laminate
Interior Features: Bathroom - Full, Closet, Cable Hookup, Open Floorplan, Recessed Lighting, Game Room, Walk-Up Attic

Exterior

Building Information
Building Area (Total): 2,463
Foundation Details: Stone
Construction Materials: Frame
Year Built Source: Public Records
Year Built Details: Renovated Since
Color: Yellow

Exterior Features
Fencing: Fenced/Enclosed, Fenced
Roof: Shingle
Patio And Porch Features: Porch - Enclosed, Deck - Composite, Patio
Exterior Features: Porch - Enclosed, Deck - Composite, Patio, Rain Gutters, Storage, Fenced Yard

Property Information
PropertySubType: Single Family Residence

Lot Information
Lot Size (Acres): 0.18
Lot Features: Corner Lot, Level
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $6,476.40
Tax Year: 2020

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 200+ Amp Service

Heating & Cooling
Has Heating
Has Cooling
Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)

Location

Location Information
Directions: Boston Street to Rawlins Street to Purchase Street
UnparsedAddress: 5 Purchase Street, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 2,124
Stories: 3.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1905
Year Renovated: —
County: Essex County
APN: 2128556

Home facts updated by county records on Jul 19, 2023

Other

Miscellaneous Information
Heat Zones: 3

Listing Information
StandardStatus: Closed

Around this home

Schools

Witchcraft Heights Elementary School

Public K-5 • Assigned • 0.3mi

5/10

Collins Middle School

Public 6-8 • Assigned • 0.7mi

6/10

Salem High School

Public 9-12 • Assigned • 1.0mi

4/10

Saltonstall School

Public K-8 • Assigned • 1.4mi

5/10

Salem Prep High School

Public 9-12 • Assigned • 1.2mi

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

$769,000 – $931,000

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OPEN SAT, 12PM TO 1:30PM

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Home values near 5 Purchase St

Data from public records.

Address	Redfin Estimate
3 Purchase Street, Salem, MA 4 Beds \| 2 Baths \| 2244 Sq. Ft.	$759,429
4 Purchase Street, Salem, MA 4 Beds \| 2 Baths \| 2662 Sq. Ft.	$776,599

Address	Redfin Estimate
1 Purchase Street, Salem, MA 6 Beds \| 3 Baths \| 2252 Sq. Ft.	$908,873
13 Wall Street, Salem, MA 6 Beds \| 2 Baths \| 2352 Sq. Ft.	$730,653

Address	Redfin Estimate
8 Purchase Street, Salem, MA 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$601,591
27 Ord Street, Salem, MA 9 Beds \| 3 Baths \| 3348 Sq. Ft.	$898,457

Property information provided by MLS PIN when last listed in 2020. This data may not match . Learn more.

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