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$674,900
● House - For Sale

5 Chandler Rd

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,049 Ft²
Upcoming Open House
11AM - 12:30PM, Sat, Oct 3 -
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$3,810
Est. Monthly
4.82%
Cap Rate

About This Property

BACK ON THE MARKET DUE TO BUYER FINANCING! Welcome to this beautifully updated classic New England Cape, ideally located just steps from Vinnin Square in historic Salem, Massachusetts. Blending timeless charm with thoughtful modern updates, this home is truly move-in ready. Step inside to gleaming hardwood floors and a warm, inviting living room centered around a cozy wood-burning fireplace. The main level also features a spacious dining room, an updated open-concept kitchen, and a conveniently located first-floor bedroom. Just off the kitchen, the updated three-season room provides the perfect space to relax, entertain, or enjoy your morning coffee. Upstairs, you'll find two generously sized bedrooms and a full bathroom.The finished lower level adds even more living and entertaining space, complete with a wet bar, perfect for game days, movie nights, or hosting friends and family. Recent improvements include an updated kitchen and bathrooms, a new furnace and water heater, a new patio, and more.Outside, enjoy a fenced-in backyard with a new patio, offering a great setting for summer cookouts and outdoor entertaining. A detached garage provides additional parking and storage.Conveniently located just minutes from the beach, golf course, commuter rail, shopping, dining, and all the history and excitement of downtown Salem, this home offers the perfect combination of character, updates, and location. A must-see Salem home! Open House  Saturday 9/26 10-12PM
Unit Size
2,049 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$329
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1953

Listed By

Kendall Reyes
Keller Williams Gateway Realty/Salem

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Last updated: 2 days ago (MLSPIN #73562543)

Price History

Date / Event Date Event Price
Sep 21, 2026 Relisted $490,000
Relisted
Sep 21, 2026 Price Increased $674,900
↑ $185K (37.7%)
Price Increased
Sep 5, 2026 In contract -
In contract
Aug 12, 2026 Listed by Real Broker MA, LLC $689,000
Listed by Real Broker MA, LLC
Dec 29, 2020 Sold
Sold
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Property Highlights

Garage
Parking Available
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Off Street, Paved
Garage Spaces: 1
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wet Bar, Sun Room
Appliances: Water Heater, Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Vinyl
Door Features: Storm Door(s)
Laundry Features: In Basement, Electric Dryer Hookup
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Partially Finished, Bulkhead
Exterior Details
Square Footage: 2049
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1953
Waterfront Features: 1 to 2 Mile To Beach
Building Area Total: 2049
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed, Patio
Lot Features: Level
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Lot Size Square Feet: 5990
Water Source: Public
Financial Details
Tax Assessed Value: $551,200
Tax Annual Amount: $5,942
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 924
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,990
  • Total Building Area: 2,049
  • Gross Building Area: 2,844
  • Building Area: 2,049
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,049
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204102

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:21 L:0173
  • Lot: 173
  • Municipality: SALEM
  • Latitude: 42.488
  • Longitude: -70.8978

    Address

  • Full Address: 5 Chandler Rd
  • Address - House Number: 5
  • Address - Street Name: Chandler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C026
  • 4-Digit Zip Code: 4203
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $559,000

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 586,620
  • High Value: 679,773
  • Low Value: 493,467

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,100
  • Assessed Land Value: $172,300
  • Assessed Improvements Value: $308,800

    Sales

  • Current Sale Contract Date: Dec 24, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201229008070
  • Previous Sale Recording Date: Nov 16, 2005
  • Previous Sale Amount: $372,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 5 Chandler Road built and last sold?
The property at 5 Chandler Road was built in 1953 and last sold on Dec 24, 2020 for $490,000.
How much is this home worth?
The estimated value of the home located at 5 Chandler Road is $673,262.
What are some comparable homes to 5 Chandler Road?
There are currently no comparable homes to 5 Chandler Road.