OFF MARKET

Off Market Mar 2021 for $675K

$972,863

Est. refi paymentEst. refi $178/mo

•

2,693

sq ft

5 Savoy Rd, Salem, MA 01970

About this home

Majestic Colonial with a grand entry way and multiple porches set on a slight incline with a fenced-in flat backyard and two car detached garage in highly desired neighborhood with a Private Beach/Dock at the end of the street. This gorgeous home is waiting for the right buyer to return it to it's beauty! Oversized kitchen features antique wood cabinets and lots of space for remodeling as you'd like. Custom built in's throughout the home. Open Suspected Hardwood flooring under the carpeting of the first floor. Second floor features 4 generous sized bedrooms plus an in-home office. Master Bedroom w/Master Bath. Bedrooms have hardwood floors. Slate roof on Main House has been regularly maintained, Asphalt roof on garage and sub-roofs. Newer Hot Water Tank Spring 2017. Porch Roof replaced Nov 2019. Boiler serviced/repaired Dec 2018. Association dues $200/year includes access to private beach ,dock and playground at the end of the street ($40/year without access to facilities

Single-familyProperty Type

1910Year Built

8,777 sq ftLot Size

$361Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Paula Kowalczik • Berkshire Hathaway HomeServices Commonwealth Real Estate

Bought with Jennifer Mangini • Bento Real Estate Group, Inc.

Redfin checked: 2 minutes ago

•Source:MLS PIN #72780143

Redfin Estimate

$972,863

$298K since sold in March 2021$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.2% lower than the average sale price ($1.25M) of 6 comparable homes.

SOLD JUN 30, 2026
$1,461,000
A
4 beds2.5 baths3,231 sq ft
16 Hemenway Rd, Salem, MA 01970
SOLD JUL 29, 2026
$1,790,000
B
4 beds2.5 baths3,093 sq ft
39 Clifton Ave, Marblehead, MA 01945
SOLD JUL 22, 2026
$1,400,000
C
4 beds2 baths2,785 sq ft
8 Charlotte Rd, Marblehead, MA 01945
SOLD JUL 24, 2026
$1,250,000
D
4 beds3 baths3,220 sq ft
27 Maverick St, Marblehead, MA 01945
SOLD AUG 13, 2026
$895,000
E
4 beds2.5 baths2,200 sq ft
59 Summer St, Salem, MA 01970
SOLD FEB 3, 2026
$710,000
F
5 beds2.5 baths2,440 sq ft
119 Highland Ave, Salem, MA 01970

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Earn from this home

Sell

$441,648

Est. take-home

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Refinance

Est. cash available

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Rent

$5,075/mo

Redfin rental estimate

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Market trends in 01970, MA

Last updated August 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

$539,000
2 beds2 baths1,136 sq ft
35 Flint St #205, Salem, MA 01970
$599,999
4 beds2 baths1,748 sq ft
21 West Ave, Salem, MA 01970
$469,900
2 beds1 bath813 sq ft
131 Derby St Unit 1R, Salem, MA 01970
$1,000,000
2 beds2 baths1,467 sq ft
16 Franklin St #1302, Salem, MA 01970
$399,900
5 beds2 baths2,123 sq ft
33 Walter St, Salem, MA 01970
VIDEO TOUR
$649,900
3 beds2.5 baths1,850 sq ft
43 Bridge #1, Salem, MA 01970
$645,000
4 beds1.5 baths1,495 sq ft
5 Walter St, Salem, MA 01970
$875,000
5 beds3 baths2,229 sq ft
5 Willow Ave, Salem, MA 01970
$425,000
2 beds1 bath810 sq ft
12 May St Unit B, Salem, MA 01970
$924,900
3 beds2 baths2,067 sq ft
3 Larch Ave, Salem, MA 01970
See all

Provided by Redfin

Sale history for 5 Savoy Rd

Year

Property tax

Land + Additions

Assessment*

2023

$7,945 (+3.6%)

$236,400 + $398,700

$635,100

2022

$7,668 (−3.0%)

$223,300 + $355,400

$578,700

2021

$7,903 (−10.0%)

$223,300 + $349,400

$572,700

2020

$8,780 (+1.1%)

$223,300 + $384,300

$607,600

2019

$8,686 (+2.9%)

$216,700 + $358,500

$575,200

2018

$8,442 (+2.9%)

$206,800 + $342,100

$548,900

2017

$8,208 (+1.2%)

$187,100 + $330,400

$517,500

2016

$8,109 (+3.9%)

$187,100 + $330,400

$517,500

2015

$7,801 (+6.9%)

$174,000 + $301,400

$475,400

2014

$7,298 (+2.1%)

$157,600 + $278,600

$436,200

2013

$7,145 (+2.2%)

$157,600 + $278,600

$436,200

2012

$6,994 (+2.3%)

$157,600 + $289,900

$447,500

2011

$6,834 (+6.3%)

$164,200 + $289,900

$454,100

2010

$6,426 (+11.4%)

$157,600 + $301,100

$458,700

2009

$5,770

$170,700 + $275,900

$446,600

Tax history for 5 Savoy Rd

Year

Property tax

Land + Additions

Assessment*

2023

$7,945 (+3.6%)

$236,400 + $398,700

$635,100

2022

$7,668 (−3.0%)

$223,300 + $355,400

$578,700

2021

$7,903 (−10.0%)

$223,300 + $349,400

$572,700

2020

$8,780 (+1.1%)

$223,300 + $384,300

$607,600

2019

$8,686 (+2.9%)

$216,700 + $358,500

$575,200

2018

$8,442 (+2.9%)

$206,800 + $342,100

$548,900

2017

$8,208 (+1.2%)

$187,100 + $330,400

$517,500

2016

$8,109 (+3.9%)

$187,100 + $330,400

$517,500

2015

$7,801 (+6.9%)

$174,000 + $301,400

$475,400

2014

$7,298 (+2.1%)

$157,600 + $278,600

$436,200

2013

$7,145 (+2.2%)

$157,600 + $278,600

$436,200

2012

$6,994 (+2.3%)

$157,600 + $289,900

$447,500

2011

$6,834 (+6.3%)

$164,200 + $289,900

$454,100

2010

$6,426 (+11.4%)

$157,600 + $301,100

$458,700

2009

$5,770

$170,700 + $275,900

$446,600

*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

8,712 Sq. Ft.

Year renovated

—

Sq. Ft.

2,693

Year built

1910

Style

Single Family Residential

County

Essex County

APN

2134430

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
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 6
Parking Features: Detached, Paved Drive, Off Street, Paved

Interior

Master Bedroom Information
Level: Second
Features: Bathroom - Full,Flooring - Hardwood

Bedroom #2 Information
Level: Second
Features: Flooring - Hardwood

Bedroom #3 Information
Level: Second
Features: Flooring - Hardwood

Bedroom #4 Information
Level: Second
Features: Flooring - Wall to Wall Carpet

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

Living Room Information
Level: First
Features: Flooring - Wall to Wall Carpet,Balcony - Exterior,Pocket Door

Dining Room Information
Level: First
Features: Flooring - Wall to Wall Carpet

Kitchen Information
Level: First

Office Room Information
Level: Second
Features: Flooring - Hardwood

Basement Information
Basement: Full, Interior Entry, Unfinished

Laundry Information
Laundry Features: Electric Dryer Hookup

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Fireplace Features: Living Room

Interior Features
# of Rooms (Total): 7
Door Features: French Doors
Flooring: Wood, Carpet, Flooring - Hardwood
Interior Features: Home Office

Exterior

Building Information
Building Area (Total): 2,693
Foundation Details: Stone
Construction Materials: Frame
Year Built Source: Public Records
Year Built Details: Actual
Color: White

Exterior Features
Fencing: Fenced
Roof: Shingle, Slate
Patio And Porch Features: Porch
Exterior Features: Porch, Rain Gutters, Professional Landscaping, Fenced Yard

Property Information
Accessibility Features: No
PropertySubType: Single Family Residence

Lot Information
Lot Size (Acres): 0.2
Lot Features: Gentle Sloping, Level
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $8,780
Tax Year: 2020

Utilities

Utility Information
Utilities: for Gas Range, for Gas Oven, for Electric Dryer
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, Knob & Tube Wiring

Heating & Cooling
Has Heating
Heating: Baseboard, Hot Water, Natural Gas

Location

HOA Information
Has Association
Association Fee: $200
Homeowners Association Membership Required

Location Information
Directions: Lafayette Street to Savoy Rd (Across from Salem University)
UnparsedAddress: 5 Savoy Rd, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Pool, Park, Golf, Highway Access, Public School, T-Station, University

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 2,693
Stories: 2.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1910
Year Renovated: —
County: Essex County
APN: 2134430

Home facts updated by county records on Jul 19, 2023

Other

Miscellaneous Information
Heat Zones: 1

Listing Information
StandardStatus: Closed

Around this home

Schools

Saltonstall School

Public K-8 • Assigned • 0.6mi

5/10

Salem High School

Public 9-12 • Assigned • 1.2mi

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 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)

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

$925,000 – $1.12M

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Home values near 5 Savoy Rd

Data from public records.

Address	Redfin Estimate
1 Savoy Rd, Salem, MA 3 Beds \| 2 Baths \| 2111 Sq. Ft.	$806,240
11 Savoy Rd, Salem, MA 8 Beds \| 3 Baths \| 3594 Sq. Ft.	$995,525

Address	Redfin Estimate
7 Savoy Rd, Salem, MA 4 Beds \| 1.5 Baths \| 2249 Sq. Ft.	$918,469
16 Savoy Rd, Salem, MA 3 Beds \| 2.5 Baths \| 1860 Sq. Ft.	$963,592

Address	Redfin Estimate
9 Savoy Rd, Salem, MA 4 Beds \| 2 Baths \| 2473 Sq. Ft.	$1,001,601
14 Savoy Rd, Salem, MA 4 Beds \| 1.5 Baths \| 1996 Sq. Ft.	$867,144

Property information provided by MLS PIN when last listed in 2021. This data may not match . Learn more.

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