See Home Value
$1,590,000
● House - Off Market

5 Chestnut St

Salem, MA 01970
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,891 Ft²
$1,723,989
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

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!
Unit Size
3,891 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$424
Property Type
House
Property Taxes
$1,077
HOA Dues
-
Year Built
1828

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Last updated: 4 months ago (MLSPIN #72984878)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Sold
May 19, 2022 Listed by Gibson Sotheby's International Realty $1,650,000
Listed by Gibson Sotheby's International Realty
Jul 19, 1988 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1828
  • Effective Year Built: 1828
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,132
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,243
  • Total Building Area: 3,561
  • Gross Building Area: 4,779
  • Building Area: 3,561
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,561
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000097
  • 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: 204200

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:25 L:0561
  • Lot: 561
  • Municipality: SALEM
  • Latitude: 42.5197
  • Longitude: -70.8988

    Address

  • Full Address: 5 Chestnut St
  • Address - House Number: 5
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C019
  • 4-Digit Zip Code: 3107
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,744,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 1,694,909
  • High Value: 2,094,923
  • Low Value: 1,294,894

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,501,000
  • Assessed Land Value: $247,200
  • Assessed Improvements Value: $1,253,800

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220801003960
  • Previous Sale Recording Date: Jul 19, 1988
  • Previous Sale Amount: $377,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

About South Salem


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera


Frequently Asked Questions

When was property at 5 Chestnut Street built and last sold?
The property at 5 Chestnut Street was built in 1828 and last sold on Aug 1, 2022 for $1,590,000.
How much is this home worth?
The estimated value of the home located at 5 Chestnut Street is $1,662,295.
What are some comparable homes to 5 Chestnut Street?
There are currently no comparable homes to 5 Chestnut Street.