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57 Buffum St #1, Salem, MA, 01970

3beds
2baths
1,563sqft
$624,900
$400price/sqft
$4,291/moest. monthly cost
$171,640/yrincome needed

About This Home

Newly renovated condo in North Salem! Step into absolute perfection—this functional, bi-level condo offers exceptional quality with no detail overlooked. From the moment you enter, you’ll be welcomed into a bright, open-concept living, dining, and kitchen area that’s perfect for entertaining or relaxing. Complete with hard wood floors new windows, roof and vinyl siding. The kitchen features granite countertops, stainless steel appliances, and a seamless flow into the main living space. Two spacious bedrooms and a full bath are also located on the main level, creating a versatile layout for any lifestyle. The lower level boasts a primary bedroom with en suite bathroom designed with comfortability and elegance in mind. An additional living space on the lower level provides flexibility for the new owner. Situated in a prime location, close to Salems vibrant downtown, offering access to the Commuter Rail, schools, shopping, restaurants and beaches and marinas!

Getting Around

74
WalkingVery Walkable
35
TransitSome Transit
71
BikeVery Bikeable

Schools

7/10
BatesGrades PK-50.4 mi
6/10
Collins Middle SchoolGrades 6-81.0 mi
--
Salem Prep High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1870

Materials

  • Roof: Shingle
  • Construction materials: Frame

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: Townhouse
  • Property subType: Condominium,Townhouse

Interior

Appliances

  • Appliances included: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
  • Laundry features: Flooring - Vinyl,Electric Dryer Hookup,Washer Hookup,In Basement,In Unit

Basement

  • Has basement: Yes

Bathroom1

  • Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Level: First
  • Area: 48

Bathroom2

  • Features: Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Level: Basement
  • Area: 56

Bedroom2

  • Features: Closet, Flooring - Hardwood
  • Level: Main,First
  • Area: 182

Bedroom3

  • Features: Closet, Flooring - Hardwood
  • Level: Main,First
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Family Room

  • Features: Closet, Flooring - Vinyl
  • Level: Basement
  • Area: 190

Features

  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Flooring: Wood,Tile,Vinyl,Carpet,Laminate,Hardwood,Particle Board,Wood Laminate,Engineered Hardwood
  • Finished area below ground: 700
  • Finished area above ground: 863
  • Common walls with other units/homes: No One Below

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Natural Gas,Electric,Unit Control,Ductless
  • Cooling features: Central Air,Heat Pump,Ductless

Interior Area

  • Total structure area: 1,563
  • Total interior livable area: 1,563 sqft

Kitchen

  • Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Level: Main,First
  • Area: 170

Living Room

  • Features: Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
  • Level: Main,First
  • Area: 266

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - 3/4, Closet, Flooring - Vinyl
  • Level: Basement
  • Area: 228

Property

Details

  • Parcel number: M:27 L:0028 S:801,5262024
  • Attached to another structure: Yes
  • Zoning: R2

Features

  • Entry location: Unit Placement(Below Grade,Street,Ground,Partially Below Grade,Garden)
  • Patio & porch: Porch
  • Exterior features: Porch
  • Waterfront features: Bay,Creek,Harbor,Ocean,River,Sound,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 4,901 sqft

Parking

  • Total spaces: 2
  • Parking features: Off Street,Deeded,Driveway,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,159$37,908
Home Insurance *$188$2,256
Property Taxes $590$7,080
Electricity $354$4,259
Total$4,291$51,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,120/yr
40% on housing$128,730/yr
45% on housing$114,426/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 01970$309
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01970$414
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$624,900
2025-06-25Listing removed$639,000
2025-05-23Price change$639,000
2025-04-11Listed for sale$649,000
2024-04-01Sold$605,000
2024-03-11Contingent$589,900
2024-03-07Price change$589,900
2024-02-16Price change$599,000
2024-01-18Price change$599,900
2024-01-03Price change$619,900
2023-11-28Price change$625,000
2023-11-22Listed for sale$649,900

For Sale by Agent

AgentWaypoint Realty Group
BrokerageColdwell Banker Realty - Boston

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