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Sold for $485,000
  • $485,000

    3 Preston Rd #1, Salem, MA 01970

    3beds
    1,000sqft
    Condominium
    Built in 1930
    -- sqft lot
    $484,900 Zestimate®
    $485/sqft
    $3,052 Estimated rent

    Home value

    $484,900

    $451,000 - $524,000

    $3,052/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Colleen Toner 617-438-7878,

    Toner Real Estate, LLC 781-780-9054,

    Antoinette Lynch 508-517-2446

    Bought with:

    Button and Co.

    LAER Realty Partners

    Source: MLS PIN,MLS#: 73519627

    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: $485/sqft
    • Tax assessed value: $431,100
    • Annual tax amount: $4,889
    • Date on market: 5/22/2026

    Price history

    DateEventPrice
    8/19/2026Sold$485,000+1.1%$485/sqft
    Source: MLS PIN #73519627 Report a problem
    8/12/2026Pending sale$479,900$480/sqft
    Source: MLS PIN #73519627 Report a problem
    7/29/2026Contingent$479,900$480/sqft
    Source: MLS PIN #73519627 Report a problem
    7/8/2026Price change$479,900-4%$480/sqft
    Source: MLS PIN #73519627 Report a problem
    6/3/2026Price change$500,000-5.6%$500/sqft
    Source: MLS PIN #73519627 Report a problem
    5/15/2026Listed for sale$529,900$530/sqft
    Source: MLS PIN #73519627 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bates
    • Middle: Collins
    • High: Salem High

    Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $484,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $484,900