12 days on rocket

Backup Offers

88 Congress St Unit 4, Salem, MA, 01970

$275,000

Home List Price

$3,266*

Closing Credit

2 Bedrooms
1 Full Bath
771 SqFt
$357/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

88 Congress St Unit 4, Salem$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingDeeded
Year Built1920
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterfrontBeach, Bay, Ocean Front
MLS #73233621
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Contingent)

About 88 Congress St Unit 4

Welcome Home to your beautiful two Bedroom, one Bath Condo. Within walking distance to the historic downtown Salem, beautiful Derby Wharf and Salem state University. The unit has (1) off-street parking spot located behind the building. A neighborhood Bodega and Laundromat are also conveniently located immediately across the street from the building. The building’s Core Electrical system was upgraded less than (3) years ago (July, 2021) to 400 Amp service. The unit’s Boiler Furnace was upgraded less than (5) years ago (Oct, 2019) to 63 MBH. The building’s roofing was totally replaced just over (6) years ago (March, 2018) including 100% Ice & Water Barrier coverage. Open house: Saturday, May 11th from 10am till 11:30pm. Sunday, May 12th from 11:30am till 1pm.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 771 SqFt

Listing Office:

  • Office Name: Mariano Smith & Co.
  • Listing Agent: Nezihe Hewson

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Bay, Ocean Front

Parking Information:

  • Parking: Deeded

Lot Features

Lot Information:

  • Lot Size: 0.10 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
  • Saltonstall School, Public District Grades KG-8
  • Collins Middle School, Public District Grades 6-8
  • Nathaniel Bowditch, Public District Grades KG-8
  • Horace Mann Laboratory, Public District Grades KG-5
  • Carlton, Public District Grades KG-5
  • Bates, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $357/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

HOA Fees:

  • Amount: $189
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Salem, MA

City

Med. Sold Price

$549.8K

Med. Price/SqFt

$382

Avg. Days On Market

32

# of Sold Homes

30

88 Congress St Unit 4 vs Salem

12 DAYS ON ROCKET

-20 Days

$275,000

-$274.8K Less

$357/SqFt

-$26 Less

KEY TAKEAWAY

This property is $274.8K less than the Median Sold Price and $26/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: #73233621

Listing Office:

  • Office Name: Mariano Smith & Co.
  • Listing Agent: Nezihe Hewson

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: 5/19/2024, 11:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,629

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

Powered By

Rocket Mortgage

Advertisement

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-3741101
4
/10

  • Horace Mann Laboratory

  • 33 Loring Ave

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-3741102
3
/10

  • Carlton

  • 10 Skerry St

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-3741103
3
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.50 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3741104
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.22 miles

  • Public District Grades KG-8

school-card-donut-3741105
3
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.80 miles

  • Public District Grades 6-8

school-card-donut-3741106
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 1.14 miles

  • Public District Grades KG-8

High School

school-card-donut-3741107
3
/10

  • Salem High School

  • 77 Willson St

  • 1.30 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 $23,000. Residents of Salem, MA typically earn less than $35k each year. Residents typically live in single, with kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 88 Congress St Unit 4

What is the listing price of this property?

The listing price of 88 Congress St Unit 4 property is $275,000.

What type of property is this?

The property 88 Congress St Unit 4 is a condo located in Salem, Massachusetts, 01970.

Is this property for sale now?

Accepting Backup Offers: 88 Congress St Unit 4 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 88 Congress St Unit 4 are:
Horace Mann Laboratory: GreatSchools Rating 4/10
Carlton: GreatSchools Rating 3/10
Bates: GreatSchools Rating 3/10
Saltonstall School: GreatSchools Rating 4/10
Collins Middle School: GreatSchools Rating 3/10
Nathaniel Bowditch: GreatSchools Rating 2/10
Salem High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 88 Congress St Unit 4 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 88 Congress St Unit 4 is 771 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 88 Congress St Unit 4 is 1920.

Rocket Homes›Massachusetts›Essex County›Salem›01970›88 Congress St Unit 4

This home is located at 88 Congress St Unit 4 in Salem, MA and zip code 01970. This 771 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $275,000.

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. The number of listings in Salem, MA increased by 1.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $549,825, while the average time on the real estate market was 32 days.

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

More Resources