281 Essex St UNIT 406, Salem, MA 01970

2 beds2 baths966 sqft

For Sale
$319,900
Price cut: -$5,000 (5/26)
Zestimate®: $236,859
Est. Mortgage
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My Notes

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Must see! Corner unit Penthouse Loft in downtown Salem. Huge windows on two sides provide ample natural light and a fantastic view from the fourth floor! Exposed beams, exposed brick, 13 foot ceilings and industrial features. This unit has character to spare. Open concept, granite kitchen with island and designer cabinets, as well as stainless appliances. Recent improvements include newer elevator and rubber roof. Basement storage as well as good closet space. Pet friendly association. You won't want to miss out on this unit.

Open House

  • 5/31 11am-1pm

      Facts

      • Condo
      • Built in 1900
      • 28 days on Zillow
      • Views: 1,530 all time views
      • 11 shoppers saved this home
      • HOA Fee: $256

      Additional Features

      • AMENITIES \ Shopping, APPLIANCES \ Range, APPLIANCES \ Dishwasher, APPLIANCES \ Refrigerator, APPLIANCES \ Washer, APPLIANCES \ Dryer, ASSOC_SECURITY \ Intercom, BEACHFRONT_FLAG \ Yes, COOLING \ Central Air, FLOORING \ Wood, HEATING \ Central Heat, HOW_SHOWN_BB \ Appointment Required, HOW_SHOWN_FB \ Appointment Required, STYLE \ Mid-Rise, YEAR_ROUND \ Yes, MASTER_BATH \ Yes, AMENITIES \ Park, AMENITIES \ Bike Path, AMENITIES \ Highway Access, APPLIANCES \ Disposal, ELECTRIC_FEATURE \ Circuit Breakers, EXTERIOR \ Brick, HEATING \ Forced Air, INTERIOR_FEATURES \ Cable Available, ROOF_MATERIAL \ Rubber, BEACH_MILES_TO \ 1 to 2 Mile, DIN_DSCRP \ Flooring - Hardwood, HOW_SHOWN_BB \ Accompanied Showings, INSULATION_FEATURE \ Full, KIT_DSCRP \ Flooring - Hardwood, KIT_DSCRP \ Countertops - Stone\Granite\Solid, ENERGY_FEATURES \ Insulated Windows, UNIT_PLACEMENT \ Top\Penthouse, UNIT_PLACEMENT \ Corner, BED2_DSCRP \ Closet, INTERIOR_FEATURES \ Intercom, MBR_DSCRP \ Closet, HEATING \ Heat Pump, HOW_SHOWN_FB \ Accompanied Showings, BTH2_DSCRP \ Bathroom - With Tub & Shower, UTILITY_CONNECTIONS \ for Gas Range, KIT_DSCRP \ Stainless Steel Appliances, BTH1_DSCRP \ Bathroom - With Tub & Shower, HOT_WATER \ Tank, KIT_DSCRP \ Kitchen Island, MBR_DSCRP \ Flooring - Hardwood, BED2_DSCRP \ Flooring - Hardwood, BED2_LEVEL \ Fourth Floor, MBR_LEVEL \ Fourth Floor, BTH2_DSCRP \ Closet, BTH1_DSCRP \ Flooring - Hardwood, BTH1_DSCRP \ Skylight, BTH2_DSCRP \ Flooring - Hardwood, BTH1_LEVEL \ Fourth Floor, BTH2_LEVEL \ Fourth Floor, DIN_LEVEL \ Fourth Floor, KIT_LEVEL \ Fourth Floor, KIT_DSCRP \ Gas Stove, HOW_SHOWN_BB \ Call ShowingTime at 888-627-2775, HOW_SHOWN_FB \ Call ShowingTime at 888-627-2775

      Construction

      • Unit count: 20

      Other

      • Floor size: 966 sqft
      • Unit floor #: 4
      • Zillow Home ID: 2125154251

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $236,859
      +$16,158 Last 30 days
      $213K
      $253K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,721/mo
      -$33 Last 30 days
      $1.4K
      $2K
      Zestimate range
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      $XXX,XXX
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      Comparable Homes

      Homes like this sold for $190-280K.

      $160K
      $310K

      Popularity on Zillow

      892 views since listing
      1,530 all-time (chart)
      11 shoppers saved
      this home to their list of favorites

      Mortgages

      Neighborhood

      Market guide

      Zillow predicts 01970 home values will increase 0.2% next year, compared to a 0.3% rise for Salem as a whole. Among 01970 homes, this home is 10.7% more expensive than the midpoint (median) home, and is priced 73.3% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 01970, the number of foreclosures waiting to be sold is 2.9% higher than in Salem, and 66.7% lower than the national average. This higher local number may prevent 01970 home values from rising as quickly as other regions in Salem.

      Learn more about forecast calculations or 01970 home values.
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        Nearby Schools in Salem

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        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org