281 Essex St Unit 306, Salem, MA, 01970
About This Home
Experience the height of urban sophistication in this exquisite two-bedroom two bathroom corner unit at Latitude Condos. Nestled in the vibrant heart of historic Salem, this home is defined by its architectural soul—featuring soaring windows, authentic exposed brick, and beautifully preserved original maple flooring. The primary suite serves as a private sanctuary, complete with a cozy wall fireplace and an ensuite bath. An expansive open-concept living area flows seamlessly into a chef-inspired kitchen equipped with premium stainless appliances and a gas range. Beyond the front door, the best of the North Shore awaits, with elite dining, boutique shopping, and effortless commuter links to Boston via rail or ferry.
Getting Around
Walker's Paradise
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
- Laundry features: In Unit
Bathroom1
- Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Hardwood, Lighting - Overhead
- Level: Third
- Area: 87.048611111
Bathroom2
- Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Hardwood, Lighting - Overhead
- Level: Third
- Area: 54.222222222
Bedroom2
- Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
- Level: Third
- Area: 221.111111111
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Door features: Insulated Doors
- Window features: Insulated Windows
- Flooring: Hardwood
- Finished area above ground: 980
- Common walls with other units/homes: Corner
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 980
- Total interior livable area: 980 sqft
Kitchen
- Features: Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Gas Stove
- Level: Third
- Area: 194.25
Living Room
- Features: Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
- Level: Third
- Area: 138.125
Master Bathroom
- Features: Yes
Master Bedroom
- Features: Bathroom - Full, Ceiling Fan(s), Closet, Lighting - Overhead
- Level: Third
- Area: 303.333333333
Property
Details
- Parcel number: M:26 L:0447 S:817
- Attached to another structure: Yes
- Zoning: B5
Lot
- Lot size: 7,545 sqft
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Earthquake
- Hurricane
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,755 | $33,060 |
| Home Insurance * | $164 | $1,968 |
| Property Taxes | $463 | $5,556 |
| Electricity | $354 | $4,259 |
| Total | $3,736 | $44,832 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $545,000 |
| 2023-09-01 | Sold | $535,000 |
| 2023-06-13 | Contingent | $499,900 |
| 2023-06-05 | Listed for sale | $499,900 |
| 2021-08-06 | Listing removed | -- |
| 2021-07-16 | Listed for rent | $2,500 |
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