40 Ocean Ave, Salem, MA 01970

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40 Ocean Ave, Salem, MA 01970

4 beds2.5 baths2,062 sqft

Sold: $417,000
Sold on 07/29/13
Zestimate®: $394,366
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My Notes

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Side by side townhouse unit in a lovely, renovated grand old house. Nobody above or below you! Desirable open layout on the first floor, including a higher end kitchen with a door to a large DECK. Kitchen is open to a dining room and a fireplaced living room. Period feel throughout. The second floor features 3 large bedrooms (ceiling fans, cable), an 8x13 study and a large, full bathroom with rustic tiles, great storage & double sink. The third floor features a 600+sf master suite, with an oversized master bathroom, a master bedroom, and big study/sitting room. A 900 square foot dry basement w high ceilings, a first floor WASHER AND DRYER and private, fenced back yard complete the package. Please note that this home is NOT deleaded. Quiet south Salem neighborhood a couple of blocks from Salem St. and Forest River Park. Good credit, good housing history needed. First and security required up front. Available mid-June, maybe earlier. 

What I love about the home

Walking distance to the shops and restaurants of historic downtown Salem, convenient to Salem State and the Commuter Rail to Boston. Smell the ocean air and walk to Salem Harbor at end of street! Forest River Park with beach and pool a short walk away. Charming, massive farmer's porch, large, sunny rooms, on a roomy double lot. Brand new high-end bathroom gut renovation, brand new storms on all windows, new roof, tons of fresh paint in modern tones. Newly renovated laundry room off kitchen. Bonus, updated addition with bedroom, playroom/office and full bathroom. Shiny hardwood floors. Beautiful french doors to living room. Amazing woodwork and authentic details. Tons of extra storage space in basement, attic, two-car garage with standing-height loft.
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Facts

  • Lot: 7,500 sqft
  • Townhouse
  • Built in 1890
  • Cooling: Wall
  • Heating: Radiant
  • Last sold: Jul 2013 for $417,000
  • Price/sqft: $202

Features

  • Attic
  • Cable Ready
  • Ceiling Fan
  • Double Pane/Storm Windows
  • Fenced Yard
  • Flooring: Hardwood, Slate
  • Garden
  • Lawn
  • Parking: Off street, On street, 2 spaces
  • Porch
  • RV Parking
  • Skylight
  • Storage
  • Tennis Court
  • Transportation
  • Unfinished basement
  • View: City, Water

Appliances Included

  • Dishwasher
  • Dryer
  • Freezer
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Breakfast nook
  • Dining room
  • Family room
  • Mud room
  • Office
  • Pantry
  • Recreation room
  • Walk-in closet
  • Workshop

Construction

  • Exterior material: Vinyl
  • Roof type: Asphalt
  • Room count: 10
  • # Stories: 2.0
  • Structure type: Victorian
  • Unit count: 1

Other

  • Floor size: 2,062 sqft
  • Heating: Gas
  • Last remodel year: 2011
  • Laundry: In Unit
  • Parcel #: M:33 L:0432
  • Zillow Home ID: 56123216

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

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$394,366
+$3,053 Last 30 days
$375K
$414K
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
$2,093/mo
+$43 Last 30 days
$1.7K
$2.5K
Zestimate range
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Popularity on Zillow

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2,825 all-time views
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390 forecasted views of this home
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Neighborhood

Market guide

Zillow predicts 01970 home values will increase 0.5% next year, compared to a 0.5% rise for Salem as a whole. Among 01970 homes, this home is valued 32.1% more than the midpoint (median) home, and is valued 0.5% 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 0.6% greater than in Salem, and 55.5% less 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

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    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

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