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Backup Offers

7 Adams St, Salem, MA, 01970

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,299 SqFt
$461/SqFt
House

Location

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7 Adams St, Salem$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Paved Drive, Off Street
Garage1 space
Year Built1915
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
BasementYes
WaterfrontBeach, Ocean Front
MLS #73285914
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Contingent)

About 7 Adams St

Welcome to this charming 3-bedroom, 2-bathroom home nestled in the heart of historic Salem, MA. This lovely property boasts updated finishes throughout, including a beautifully finished basement perfect for additional living space or a home office. Enjoy the outdoors on your private off-street deck, perfect for entertaining, while the fenced-in yard offers privacy and room for gardening or pets. With its blend of modern updates and historic charm, this home is perfect for those seeking a cozy retreat in one of Salem's most sought-after locations.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1915
  • Living Area: 1,299 SqFt

Listing Office:

  • Office Name: Lillian Montalto Signature Properties
  • Office Phone: (978) 475-1400
  • Listing Agent: Team Lillian Montalto

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl, Carpet, Hardwood, Flooring - Hardwood
  • Interior: Home Office, Laundry Chute

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • Exterior: Porch, Deck, Fenced Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Nathaniel Bowditch, Public District Grades KG-8
  • Saltonstall School, Public District Grades KG-8
  • Collins Middle School, Public District Grades 6-8
  • Horace Mann Laboratory, Public District Grades KG-5
  • Witchcraft Heights, Public District Grades KG-5
  • Carlton, Public District Grades KG-5

Other

Directions Information:

  • Directions: Jefferson Ave to Adams ST

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $461/SqFt

Tax Information:

  • Annual Amount: $5,481
  • 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

$590K

Med. Price/SqFt

$389

Avg. Days On Market

29

# of Sold Homes

38

7 Adams St vs Salem

11 DAYS ON ROCKET

-18 Days

$599,000

+$9K More

$461/SqFt

+$71 More

KEY TAKEAWAY

This property is $9K more than the Median Sold Price and $71/SqFt more 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: #73285914

Listing Office:

  • Office Name: Lillian Montalto Signature Properties
  • Office Phone: (978) 475-1400
  • Listing Agent: Team Lillian Montalto

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: 9/16/2024, 2:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 03, 2002Home Sold
$285,000
Jun 11, 1992Home Sold
$72,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,481$397,200
2020$5,202$360,000
2019$5,178$342,900
2018$5,023$326,600
2017$4,669$294,400

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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.

Elementary School

school-card-donut-2327752
4
/10

  • Horace Mann Laboratory

  • 33 Loring Ave

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-2327753
1
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-2327754
3
/10

  • Carlton

  • 10 Skerry St

  • 2.09 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2327755
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 0.67 miles

  • Public District Grades KG-8

school-card-donut-2327756
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.85 miles

  • Public District Grades KG-8

school-card-donut-2327757
3
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.94 miles

  • Public District Grades 6-8

High School

school-card-donut-2327758
3
/10

  • Salem High School

  • 77 Willson St

  • 0.73 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,798. The most common annual income of people living in Salem, MA is between $100k-200k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Adams St

What is the listing price of this property?

The listing price of 7 Adams St property is $599,000.

What type of property is this?

The property 7 Adams St is a house located in Salem, Massachusetts, 01970.

Is this property for sale now?

Accepting Backup Offers: 7 Adams St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7 Adams St are:
Horace Mann Laboratory: GreatSchools Rating 4/10
Witchcraft Heights: GreatSchools Rating 1/10
Carlton: GreatSchools Rating 3/10
Nathaniel Bowditch: GreatSchools Rating 2/10
Saltonstall School: GreatSchools Rating 4/10
Collins Middle School: GreatSchools Rating 3/10
Salem High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,481 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 3, 2002 for $285,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7 Adams St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7 Adams St is 1,299 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Adams St is 1915.

Rocket Homes›Massachusetts›Essex County›Salem›01970›7 Adams St

This home is located at 7 Adams St in Salem, MA and zip code 01970. This 1,299 square foot home, which was built in 1915, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $599,000.

In August 2024 more than 22 listings in Salem, MA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 13 were sold below. Between July 2024 and August 2024, Salem, MA real estate market has seen decrease in the number of listings by 8%. While the average time on the market in August 2024 was 29 days, the median list price was $590,000.

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

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