For sale

Price cut: $20.1K (7/8)

$479,900

3 Preston Rd #1, Salem, MA 01970

3beds

1,000sqft

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Condominium

Built in 1930

-- sqft lot

$478,500 Zestimate^®

$480/sqft

$250/mo HOA

What's special

In-unit laundryHardwood floorsGranite countertopsAssigned driveway parking spacesStainless steel appliancesKitchen islandGas cooking

Welcome To 3 Preston Road! Like Brand New! This Designer Condo Was Completely Renovated in 2020! Open Concept Living And Dining Area Features Hardwood Floors And Flows Seamlessly Into Gorgeous Chef's Kitchen Complete With Stainless Steel Appliances, Gas Cooking, Granite Countertops, A Kitchen Island! Generous Cabinet And Counter Space Perfect For Both Everyday Living And Entertaining! Completing The Home Are Three Spacious Bedrooms, A Remodeled Luxury Full Bathroom, And In-Unit Laundry, Offering A Comfortable And Well-Designed Layout. Additional Highlights Include Assigned Driveway Parking Spaces, Exclusive Use Of The Back Porch, Additional Exclusive Basement Storage, And Access To A Private Common Outdoor Area. Low Condo Fee Includes Master Insurance And Common Electric. Conveniently Located Near Restaurants, Salem State College, Salem Hospital, Downtown, Parks, Public Transportation, And More!

59 days

726

20

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Features: Closet, Flooring - Hardwood
Level: First
Area: 143.75
Dimensions: 12.5 x 11.5

Bedroom 2

Features: Closet, Flooring - Hardwood
Level: First
Area: 143.75
Dimensions: 12.5 x 11.5

Bedroom 3

Features: Closet, Flooring - Hardwood
Level: First
Area: 100
Dimensions: 12.5 x 8

Bathroom 1

Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Level: Main,First
Area: 54
Dimensions: 9 x 6

Dining room

Features: Flooring - Hardwood, Open Floorplan
Level: Main,First
Area: 313.2
Dimensions: 13.5 x 23.2

Kitchen

Features: Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Level: Main,First
Area: 313.2
Dimensions: 13.5 x 23.2

Living room

Features: Flooring - Hardwood, Open Floorplan
Level: Main,First
Area: 149.98
Dimensions: 13.5 x 11.11

Heating

Baseboard, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry: First Floor, In Unit

Features

Flooring: Tile, Hardwood
Has basement: Yes
Has fireplace: No
Common walls with other units/homes: End Unit

Interior area

Total structure area: 1,000
Total interior livable area: 1,000 sqft
Finished area above ground: 1,000

Property

Parking

Total spaces: 2
Parking features: Off Street, Tandem
Uncovered spaces: 2

Features

Entry location: Unit Placement(Street,Front)
Patio & porch: Porch
Exterior features: Porch, Fenced Yard, Garden, Rain Gutters
Fencing: Fenced
Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)

Lot

Size: 4,164 Square Feet

Details

Parcel number: M:23 L:0199 S:801,5156766
Zoning: R1

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Frame
Roof: Shingle

Condition

Year built: 1930

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, University

HOA

Services included: Electricity, Water, Insurance
HOA fee: $250 monthly

Location

Region: Salem

Financial & listing details

Price per square foot: $480/sqft
Tax assessed value: $431,100
Annual tax amount: $4,889
Date on market: 5/14/2026

Estimated market value

$478,500

$455,000 - $502,000

$3,119/mo

Price history

Date	Event	Price
7/8/2026	Price change	$479,900-4%$480/sqft
Source: MLS PIN #73519627 Report a problem
6/3/2026	Price change	$500,000-5.6%$500/sqft
Source: MLS PIN #73519627 Report a problem
5/15/2026	Listed for sale	$529,900$530/sqft
Source: MLS PIN #73519627 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,889 +2.5%	$431,100 +5%
2024	$4,771 +3.4%	$410,600 +11.3%
2023	$4,616	$369,000
2022	$4,616	$369,000

Find assessor info on the county website

Monthly payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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