Off market oct 2009 for $185K

—

Est. refi paymentEst. refi $1,595/mo

•

2,140

sq ft

5 Read St, Salem, MA 01970

About this home

**Multiple offer Notification - All final, highet and best offers must be in by noon tomorrow (8/7/09). Bank Owned! Good-sized two family, close to Salem State with three bedrooms per unit. Each unit consists of a kitchen, living room, dining room and three bedrooms. Needs TLC but a great investment opportunity. City verified it is a legal two family. Come check it out today! Please read showing instructions before leaving office! Sold as-is!

Multi-familyProperty Type

1934Year Built

3,049 sq ftLot Size

$86Price/Sq.Ft.

1 spaceParking

Listed by Matthew Newhall • Century 21 Hughes

Bought with Robert Meehan • Keller Williams Realty Evolution

Redfin checked: a minute ago

•Source:MLS PIN #70924837

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

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 14 HRS AGO
$1,199,000
2 beds2 baths1,455 sq ft
16 Franklin St #2302, Salem, MA 01970
OPEN TODAY, 8AM TO 11:30AM
$364,900
1 bed1 bath672 sq ft
24 Norman St #301, Salem, MA 01970
OPEN TODAY, 10:30AM TO 12PM
$599,900
4 beds1 bath2,120 sq ft
20 Hancock St #3, Salem, MA 01970
OPEN OCT 5, 5PM TO 6PM
$585,000
2 beds2 baths1,600 sq ft
29 Leach St #3, Salem, MA 01970
OPEN TODAY, 11AM TO 1PM
$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
$499,000
3 beds1.5 baths1,178 sq ft
8 Ord St, Salem, MA 01970
OPEN TODAY, 11AM TO 1PM
$369,900
1 bed1 bath506 sq ft
23 Green St Unit 1R, Salem, MA 01970
$650,000
3 beds2.5 baths1,794 sq ft
181 North St #213, Salem, MA 01970
OPEN TODAY, 1PM TO 2:30PM
$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 Read St

Date

Event

Price

MLS PIN #70924837

Oct 7, 2009

Sold

$185,000

$86/sq ft

Aug 8, 2009

Contingent

—

Aug 4, 2009

Price Changed

$179,900

$84/sq ft

Jul 25, 2009

Relisted

—

Jul 22, 2009

Contingent

—

Jul 1, 2009

Price Changed

$209,900

$98/sq ft

May 27, 2009

Listed

$229,900

$107/sq ft

MLS PIN #70068215

Sep 15, 2004

Sold

$349,900

$164/sq ft

Aug 16, 2004

Listing Removed

—

Jul 26, 2004

Listed

$349,900

$164/sq ft

Public Records

Jul 5, 1989

Sold

$235,000

$110/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$5,661 (+1.6%)

$171,100 + $281,400

$452,500

2022

$5,572 (+1.7%)

$165,400 + $255,100

$420,500

2021

$5,481 (+4.3%)

$154,000 + $243,200

$397,200

2020

$5,253 (+0.7%)

$145,400 + $218,100

$363,500

2019

$5,219 (+3.4%)

$138,000 + $207,600

$345,600

2018

$5,049 (+7.6%)

$131,100 + $197,200

$328,300

2017

$4,693 (+3.0%)

$110,600 + $185,300

$295,900

2016

$4,557 (+2.3%)

$105,500 + $185,300

$290,800

2015

$4,454 (+2.5%)

$96,900 + $174,500

$271,400

2014

$4,346 (+2.1%)

$96,900 + $162,900

$259,800

2013

$4,256 (+0.4%)

$96,900 + $162,900

$259,800

2012

$4,239 (+2.8%)

$103,800 + $167,400

$271,200

2011

$4,125 (+2.9%)

$103,800 + $170,300

$274,100

2010

$4,008 (+3.7%)

$108,300 + $177,800

$286,100

2009

$3,866

$114,000 + $185,200

$299,200

Tax history for 5 Read St

Year

Property tax

Land + Additions

Assessment*

2023

$5,661 (+1.6%)

$171,100 + $281,400

$452,500

2022

$5,572 (+1.7%)

$165,400 + $255,100

$420,500

2021

$5,481 (+4.3%)

$154,000 + $243,200

$397,200

2020

$5,253 (+0.7%)

$145,400 + $218,100

$363,500

2019

$5,219 (+3.4%)

$138,000 + $207,600

$345,600

2018

$5,049 (+7.6%)

$131,100 + $197,200

$328,300

2017

$4,693 (+3.0%)

$110,600 + $185,300

$295,900

2016

$4,557 (+2.3%)

$105,500 + $185,300

$290,800

2015

$4,454 (+2.5%)

$96,900 + $174,500

$271,400

2014

$4,346 (+2.1%)

$96,900 + $162,900

$259,800

2013

$4,256 (+0.4%)

$96,900 + $162,900

$259,800

2012

$4,239 (+2.8%)

$103,800 + $167,400

$271,200

2011

$4,125 (+2.9%)

$103,800 + $170,300

$274,100

2010

$4,008 (+3.7%)

$108,300 + $177,800

$286,100

2009

$3,866

$114,000 + $185,200

$299,200

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

Public record

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

3,049 Sq. Ft.

Year renovated

—

Sq. Ft.

2,140

Year built

1934

Style

Single Family Residential

County

Essex County

APN

4078871

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 1
Parking Features: Paved Drive, Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 2

Basement Information
Basement: Full, Concrete

Laundry Information
Laundry Features: Electric Dryer Hookup, Washer Hookup

Interior Features
# of Rooms (Total): 10
Window Features: Insulated Windows
Flooring: Wood, Tile, Vinyl, Carpet
Interior Features: Living Room, Kitchen

Exterior

Building Information
Building Area (Total): 2,140
Foundation Area: 1,147
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 2
Year Built Source: Public Records
Year Built Details: Actual
Color: Gray

Exterior Features
Roof: Shingle
Patio And Porch Features: Deck
Exterior Features: Rain Gutters

Property Information
PropertySubType: Multi Family

Lot Information
Lot Size (Acres): 0.07
Road Surface Type: Paved
Road Frontage Type: Public, Dead End
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $3,866
Tax Year: 2009

Utilities

Utility Information
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit
Sewer: Public Sewer, City/Town Sewer
Water Source: Public, City/Town Water
Electric: Circuit Breakers, 100 Amp Service, Varies per Unit

Heating & Cooling
Has Heating
Heating: Baseboard, Hot Water
Heating Units: 1
Cooling Units: 0

Location

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

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

Location Information
Directions: Jefferson Ave to Read St
UnparsedAddress: 5 Read St, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Sidewalks

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 2,140
Stories: 2.0
Lot Size: 3,049 square feet
Style: Single Family Residential
Year Built: 1934
Year Renovated: —
County: Essex County
APN: 4078871

Home facts updated by county records on Jul 19, 2023

Other

Miscellaneous Information
Heat Zones: 1

Listing Information
StandardStatus: Closed

Around this home

Schools

Horace Mann Laboratory School

Public PreK-5 • Assigned • 0.4mi

3/10

Collins Middle School

Public 6-8 • Assigned • 0.7mi

6/10

Salem High School

Public 9-12 • Assigned • 0.5mi

4/10

Salem Prep High School

Public 9-12 • Assigned • 1.3mi

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

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

6/10 Heat Factor

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

6/10 Wind Factor

75% 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

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New listings for sale in 01970

NEW 14 HRS AGO

$1,199,000

2 beds2 baths1,455 sq ft

16 Franklin St #2302, Salem, MA 01970

OPEN TODAY, 8AM TO 11:30AM

$364,900

1 bed1 bath672 sq ft

24 Norman St #301, Salem, MA 01970

OPEN TODAY, 10:30AM TO 12PM

$599,900

4 beds1 bath2,120 sq ft

20 Hancock St #3, Salem, MA 01970

OPEN OCT 5, 5PM TO 6PM

$585,000

2 beds2 baths1,600 sq ft

29 Leach St #3, Salem, MA 01970

OPEN TODAY, 11AM TO 1PM

$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

$499,000

3 beds1.5 baths1,178 sq ft

8 Ord St, Salem, MA 01970

OPEN TODAY, 11AM TO 1PM

$369,900

1 bed1 bath506 sq ft

23 Green St Unit 1R, Salem, MA 01970

$650,000

3 beds2.5 baths1,794 sq ft

181 North St #213, Salem, MA 01970

Home values near 5 Read St

Data from public records.

Address	Redfin Estimate
15 Read St Apt B, Salem, MA 2 Beds \| 1.5 Baths \| 1471 Sq. Ft.	$529,495
13 Read St Apt 2, Salem, MA 3 Beds \| 1 Baths \| 815 Sq. Ft.	$330,470

Address	Redfin Estimate
17 Read St Apt A, Salem, MA 2 Beds \| 1.5 Baths \| 1471 Sq. Ft.	$485,155
11 Read St Apt 3, Salem, MA 3 Beds \| 1 Baths \| 807 Sq. Ft.	$366,061

Address	Redfin Estimate
17 Read St Apt B, Salem, MA 2 Beds \| 1.5 Baths \| 1471 Sq. Ft.	$529,834
13 Read St Apt 4, Salem, MA 3 Beds \| 1 Baths \| 815 Sq. Ft.	$325,996

Property information provided by MLS PIN when last listed in 2009. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 01970, MA

Sale history for 5 Read St

Tax history for 5 Read 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 Read St

More real estate resources