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Sold for $1,725,000 on 09/05/24
  • $1,725,000

    18 Chestnut St, Salem, MA 01970

    6beds
    4,258sqft
    Multi Family
    Built in 1800
    -- sqft lot
    $1,764,400 Zestimate®
    $405/sqft
    $6,915 Estimated rent

    Home value

    $1,764,400

    $1.61M - $1.94M

    $6,915/mo

    Zestimate® history
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    $8,730/mo

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    What's special

    Exquisite circa 1800 home on beautiful Chestnut Street! Perfect for multi-generational living or for a single family home buyer happy to defray costs. Easily reverted to a single family if desired. Masterfully restored over 3 years, with all new systems, plumbing & electrical while retaining its charm. Windows were carefully restored or custom made to precise historic standards w/traditional wavy glass for authenticity. Lovely woodwork showcases Georgian, Federal, & Colonial Revival styles. Lower unit has 2 BRs 2 ½ baths and upper unit has 3-4 BRs 2 ½ baths plus the sunniest office overlooking Chestnut St. Beautiful brick & cobblestone patio is accessible by both units as you see fit; flexes as off-street parking during the winter. Once home to Nathaniel Hawthorne who published the “Scarlet Letter” shortly after leaving. Ideally located on the corner of romantic Botts Court & elegant Chestnut St, minutes from the train station, restaurants, the PEM & waterfront

    Zillow last checked: 8 hours ago

    Listing updated: September 06, 2024 at 06:47am

    Listed by:

    Michael Selbst 617-504-9159,

    Gibson Sotheby's International Realty 978-526-0243

    Bought with:

    Merry Fox Team

    MerryFox Realty

    Source: MLS PIN,MLS#: 73237614

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Wood, Tile
    • Windows: Storm Window(s)
    • Basement: Full
    • Number of fireplaces: 5
    Interior area
    • Total structure area: 4,258
    • Total interior livable area: 4,258 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    • Uncovered spaces: 2
    Lot
    • Size: 2,858 sqft
    • Features: Corner Lot
    Details
    • Parcel number: M:25 L:0424,2131815
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1800

    Utilities & green energy

    • Electric: 110 Volts, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    9/5/2024Sold$1,725,000-6.8%$405/sqft
    Source: MLS PIN #73237614
    5/14/2024Listed for sale$1,850,000+216.2%$434/sqft
    Source: MLS PIN #73237614
    1/17/2018Sold$585,000-16.4%$137/sqft
    Source: Public Record
    12/4/2017Pending sale$699,900$164/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765
    11/19/2017Price change$699,900-6.7%$164/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #72178765

    Public tax history

    YearProperty taxesTax assessment
    2025$15,748 +3.2%$1,388,700 +5.7%
    2024$15,263 +2.5%$1,313,500 +10.3%
    2023$14,894 $1,190,600

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,764,400

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,764,400