15 days on rocket

5 Ober St, Salem, MA, 01970

$785,500

Home List Price

$9,328*

Closing Credit

4 Bedrooms
2 Full Baths
1,890 SqFt
$416/SqFt
Multi
Schools Nearby

Location

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5 Ober St, Salem$785,500

Buyer Closing Credits

$9,328*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Paved
Year Built1870
HeatingForced Air, Natural Gas
BasementYes
WaterfrontBeach
MLS #73230585
Lot Size0.15 Acres
StatusActive

About 5 Ober St

Charming 2 family home in the desirable Gallows Hill area features NEW ROOF and NEW 6 car DRIVEWAY (2023). Surrounded by single family homes w/ lovely grounds, double lot, mature cherry trees and perennials. Main unit offers freshly painted rooms, New Bathroom Renovation, Eat in kitchen/dining room/LR, Euro-cabinets, Fridge, Gas stove, DW, W/D h/u, oak floors, ceramic tile and 3 carpeted Bedrooms. 1st floor features 1 bedroom, newly painted w/refinished oak flooring, tile and carpeted BR. Euro-style cabinets, W/D h/u, and crown molding. Sep. heat (FHA by gas) 2 hot water heaters, electric CB. Witchcraft Heights school. This home shows pride in ownership. Great rental history Easy access to Boston and points North. Prequalified buyers only please. Convenient to commuter rail into Boston, PEM Museum, waterfront and all that vibrant Historical Salem has to offer. OFFERS, IF ANY, BY TUESDAY May 7th at 1 PM. OPEN HOUSES FRIDAY MAY 3, 4-6 PM, SAT/SUN MAY 4/5, 12-2PM.

Property Details

Property Features

Property Information:

  • Year Built: 1870
  • Living Area: 1,890 SqFt

Listing Office:

  • Office Name: Armstrong Field Real Estate
  • Listing Agent: The Green Team

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Dryer, Dishwasher
  • Basement: Yes
  • Flooring Type: Wood, Tile, Carpet, Varies
  • Interior: Living Room, Kitchen, Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach

Parking Information:

  • Parking: Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Boston St to Rawlins St to Purchase St to Ober St

Price Information

Listing Price Info

Price Summary:

  • List Price: $785,500
  • Price Per SqFt: $416/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.0

Tax Information:

  • Annual Amount: $6,265
  • 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

$549.8K

Med. Price/SqFt

$382

Avg. Days On Market

32

# of Sold Homes

30

5 Ober St vs Salem

15 DAYS ON ROCKET

-17 Days

$785,500

+$235.6K More

$416/SqFt

+$33 More

KEY TAKEAWAY

This property is $235.6K more than the Median Sold Price and $33/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: #73230585

Listing Office:

  • Office Name: Armstrong Field Real Estate
  • Listing Agent: The Green 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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 3:20:32 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

Feb 05, 1993Home Sold
$75,500
Aug 07, 1992Home Sold
$114,000
Oct 26, 1988Home Sold
$149,900

Tax History

YEARPROP. TAXASSESSMENT
2021$6,265$454,000
2020$6,066$419,800
2019$6,010$398,000
2018$5,586$363,200
2017$5,191$327,300

History based on county public records data.

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$3,988

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,421

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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-1502279
1
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-1502280
3
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-1502281
3
/10

  • Carlton

  • 10 Skerry St

  • 1.50 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1502282
3
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.64 miles

  • Public District Grades 6-8

school-card-donut-1502283
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 0.93 miles

  • Public District Grades KG-8

school-card-donut-1502284
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 1.28 miles

  • Public District Grades KG-8

High School

school-card-donut-1502285
3
/10

  • Salem High School

  • 77 Willson St

  • 0.99 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 $82,673. Typical income of Salem, MA residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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

This home is located at 5 Ober St in Salem, MA and zip code 01970. This 1,890 square foot home, which was built in 1870, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $785,500.

In April 2024, from all listings sold in Salem, MA there were more than 18 sold above asking price, over 10 sold below and more than 2 were sold right at the asked price. Between March 2024 and April 2024, Salem, MA real estate market has seen increase in the number of listings by 1.1%. In April 2024 median list price was $549,825 and the average listing age was 32 days.

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

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