new - 3 days on rocket

7 Foster St, Salem, MA, 01970

$469,900

Home List Price

$5,580*

Closing Credit

3 Bedrooms
1 Full Bath
1,031 SqFt
$456/SqFt
House

Location

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7 Foster St, Salem$469,900

Buyer Closing Credits

$5,580*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1870
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #73312215
Lot Size0.05 Acres
StatusActive

About 7 Foster St

This sweet 3BR/1BA charmer is an easy location only .4 miles from commuter train and downtown Salem, .2 mi from waterfront Furlong Park, just off route 114 in North Salem. The adorable exterior leads into a formal front hall and sun-drenched living room. The eat-in kitchen has plenty of room for you to make it your own and opens to a formal dining room, three-season porch and fenced-in backyard and patio. The first-floor laundry and full bathroom round off this level. Upstairs, three good-sized bedrooms means plenty of room for a home office. No HOAs! This is a great alternative for anyone looking for a single-family instead of a condo.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1870
  • Living Area: 1,031 SqFt

Listing Office:

  • Office Name: MerryFox Realty
  • Office Phone: (978) 808-8064
  • Listing Agent: Merry Fox Team

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Tile, Carpet, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Enclosed, Patio, Fenced Yard

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Route 114/North Street left onto Osborne Street, right Walter St, right onto Foster

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,900
  • Price Per SqFt: $456/SqFt

Tax Information:

  • Annual Amount: $4,183
  • 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

7 Foster St vs Salem

3 DAYS ON ROCKET

-23 Days

$469,900

-$125.6K Less

$456/SqFt

+$73 More

KEY TAKEAWAY

This property is $125.6K less than the Median Sold Price and $73/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: #73312215

Listing Office:

  • Office Name: MerryFox Realty
  • Office Phone: (978) 808-8064
  • Listing Agent: Merry Fox Team

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, 8:20:48 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$4,183$303,100
2020$4,037$279,400
2019$4,014$265,800
2018$4,283$278,500
2017$3,962$249,800

History based on county public records data.

Payment Calculator

$2,413

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,475

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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-343837
5
/10

  • Bates

  • 53 Liberty Hill Ave

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-343838
4
/10

  • Carlton

  • 10 Skerry St

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-343839
4
/10

  • Thomas Carroll Elementary School

  • 60 Northend St

  • 0.94 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 $66,573. Residents of Salem, MA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Foster St

What is the listing price of this property?

The listing price of 7 Foster St property is $469,900.

What type of property is this?

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

Is this property for sale now?

Active Listing: 7 Foster 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 $4,183 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7 Foster St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7 Foster St is 1,031 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Foster St is 1870.

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

This home is located at 7 Foster St in Salem, MA and zip code 01970. This 1,031 square foot home, which was built in 1870, sits on a 0.05 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $469,900.

While more than 24 listings in Salem, MA in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 12 were sold below. The number of listings in Salem, MA decreased by 3% between September 2024 and October 2024. While the average time on the market in October 2024 was 26 days, the median list price was $595,500.

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

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