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72 Butler St #2, Salem, MA, 01970

4beds
2baths
2,111sqft
$749,999
$355price/sqft
$5,144/moest. monthly cost
$205,760/yrincome needed

About This Home

Welcome to your private oasis in the heart of Salem! This exceptional home blends timeless craftsmanship with modern comfort. The sun-drenched kitchen is the true focal point of the home — a warm & inviting gathering spot featuring custom cabinetry, high-end finishes, and a beautifully designed pantry. Seamless flow connects the kitchen to the peaceful backyard. The living room boasts a gas fireplace & stunning rift-sawn oak floors showcase the home’s impeccable woodwork. Step outside into your own sanctuary: a lush, meticulously landscaped yard bursting with mature plantings, Japanese Maples, Ginkgo's & firebush. Experience the colorful bloom this spring. A spacious deck invites grilling & potting. Ample space makes the perfect setting for entertaining or quiet reflection. Upstairs find 4 bedrooms & 2 updated baths. The lower level offers flexible space for a home office, gym, or creative studio. all within easy reach of downtown Salem, commuter rail & the city’s storied waterfront.

Getting Around

85
WalkingVery Walkable
24
TransitMinimal Transit
50
BikeBikeable

Schools

6/10
Collins Middle SchoolGrades 6-80.8 mi
4/10
Salem High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1880

Notable Dates

  • Major remodel year: 2004

Type & Style

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

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Laundry features: In Unit

Basement

  • Has basement: Yes

Bathroom1

  • Level: Second

Bathroom2

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Wood,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 504
  • Finished area above ground: 1,607

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,111
  • Total interior livable area: 2,111 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 4492846
  • Zoning: RES
  • Exclusions: Data Is As Of The Listing Date & Subject To Change Chickens Not Included. No Condo Fees Owners Split

Features

  • Patio & porch: Deck
  • Exterior features: Deck,Fenced Yard
  • Fencing: Fenced
  • Waterfront features: Unknown To Beach

Parking

  • Total spaces: 1
  • Parking features: Off Street,Assigned,Deeded
  • Uncovered 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

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $3,792$45,504
Home Insurance *$226$2,712
Property Taxes $710$8,520
Electricity $416$4,995
Total$5,144$61,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$176,365/yr
40% on housing$154,320/yr
45% on housing$137,173/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

$355This 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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$749,999
2026-07-20Price change$749,999
2026-07-14Price change$775,000
2026-07-08Listed for sale$799,999
2022-11-02Sold$599,900
2022-08-17Listed for sale$599,900
2020-01-31Sold$194,000
2017-11-20Sold$189,000
2017-10-04Pending sale$189,900
2017-09-11Price change$189,900
2017-09-07Listed for sale$189,000
2016-06-06Listing removed$224,000
2016-04-26Price change$229,000
2016-04-13Price change$230,000
2016-02-26Price change$240,000
2016-02-03Price change$243,000
2016-01-05Listed for sale$250,000
2004-11-19Sold$191,500

For Sale by Agent

AgentMark Sciaraffa
BrokerageSciaraffa Real Estate, LLC

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