2 months on rocket

5 Oliver St, Salem, MA, 01970

$1,199,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths, 2 Partial
3,919 SqFt
$306/SqFt
House

Location

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5 Oliver St, Salem$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive, Off Street, Tandem, On Street, Paved
Year Built1820
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontBeach, Ocean Front
FireplaceLiving Room
MLS #73291245
Lot Size0.11 Acres
StatusActive

About 5 Oliver St

Welcome home! This charming Historic Greek Revival home, built circa 1820, for the Nathanial Perkins family, blends timeless elegance with potential for modern living. Just moments from Salem Common, adjacent to downtown, and less than a mile from the T Station, it offers an unbeatable location. The spacious, light-filled interior spans four levels, featuring thoughtfully designed spaces ready for transformation. The generous backyard, a rare find near downtown, provides a peaceful retreat, while the driveway accommodates parking for 2+ vehicles—a true bonus. This property presents an exciting opportunity to restore and enhance its historic charm, making it uniquely yours.

Property Details

Property Features

Property Information:

  • Architectural Style: Antique
  • Year Built: 1820
  • Living Area: 3,919 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Evolution
  • Office Phone: (978) 927-8700
  • Listing Agent: Chris LeVasseur

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Refrigerator
  • Basement: Yes
  • Flooring Type: Flooring - Hardwood
  • Interior: Bathroom - Full, Bathroom - Half, Bedroom, Bathroom
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • Exterior: Storage, Fenced Yard

Parking Information:

  • Parking: Paved Drive, Off Street, Tandem, On Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Washington Square North to Oliver Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $306/SqFt

Tax Information:

  • Annual Amount: $10,727
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, MA.

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Salem, MA

City

Med. Sold Price

$595.5K

Med. Price/SqFt

$383

Avg. Days On Market

26

# of Sold Homes

44

5 Oliver St vs Salem

60 DAYS ON ROCKET

+34 Days

$1,199,000

+$603.5K More

$306/SqFt

-$77 Less

KEY TAKEAWAY

This property is $603.5K more than the Median Sold Price and $77/SqFt less than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73291245

Listing Office:

  • Office Name: Keller Williams Realty Evolution
  • Office Phone: (978) 927-8700
  • Listing Agent: Chris LeVasseur

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,727$777,300
2020$10,957$758,300
2019$9,610$636,400
2018$8,737$568,100
2017$6,406$403,900

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-310952
4
/10

  • Carlton

  • 10 Skerry St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-310953
3
/10

  • Bentley Academy Innovation School

  • 25 Memorial Dr

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-310954
5
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.00 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,636. Most Salem, MA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Oliver St

What is the listing price of this property?

The listing price of 5 Oliver St property is $1,199,000.

What type of property is this?

The property 5 Oliver St is a house located in Salem, Massachusetts, 01970.

Is this property for sale now?

Active Listing: 5 Oliver St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,727 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Oliver St has 7 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 5 Oliver St is 3,919 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Oliver St is 1820.

Rocket Homes›Massachusetts›Essex County›Salem›01970›5 Oliver St

This home is located at 5 Oliver St in Salem, MA and zip code 01970. This 3,919 square foot home, which was built in 1820, sits on a 0.11 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $1,199,000.

Over 24 listings were sold over their listed price in October 2024 in Salem, MA. In the same period over 12 listings were sold below the listed price and 8 listings were sold for the listed price. In October 2024 in Salem, MA there were 3% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $595,500, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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