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113 Bridge St #3, Salem, MA, 01970

1beds
1baths
1,334sqft
$399,000
$299price/sqft
$2,869/moest. monthly cost
$114,760/yrincome needed

About This Home

Oversized 1+ bedroom on the top floor of a beautiful Antique home in the heart of Salem's Neck, where historic character meets modern comfort. The sun-filled, open living room features soaring ceilings, exposed beams, and an airy layout perfect for entertaining or relaxing. The spacious bedroom offers a walk-in closet, while soapstone countertops highlight the updated kitchen. Recent improvements include hardwood floors throughout, a beautifully renovated bathroom, a new central air system (2022) and new roof. Enjoy a private deck, in-unit laundry, an exclusive walk-up attic for abundant storage, plus additional basement storage if needed. Deeded driveway parking for 2–3 cars is a rare bonus. Pet-friendly association. Ideally located near the commuter rail, bike trails, waterfront, parks, and all of the shops, restaurants, and history that make downtown Salem so special.

Getting Around

88
WalkingVery Walkable
40
TransitSome Transit
82
BikeVery Bikeable

Schools

5/10
5/10
Saltonstall SchoolGrades K-81.0 mi
--
Salem Prep High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1798

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: In Unit

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Third

Features

  • Home Office
  • Flooring: Wood
  • Finished area above ground: 1,334

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,334
  • Total interior livable area: 1,334 sqft

Kitchen

  • Level: Third

Living Room

  • Level: Third

Master Bathroom

  • Features: No

Master Bedroom

  • Level: Third

Office

  • Level: Third

Property

Accessibility

  • Accessibility features: No

Details

  • Parcel number: M:0036 B:0423 L:0804,4476114
  • Zoning: B1

Features

  • Entry location: Unit Placement(Upper)
  • Patio & porch: Deck
  • Exterior features: Deck
  • Waterfront features: 1/2 to 1 Mile To Beach

Parking

  • Total spaces: 2
  • Parking features: Off Street,Tandem,Exclusive Parking
  • 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 FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
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 $2,017$24,204
Home Insurance *$120$1,440
Property Taxes $378$4,536
Electricity $354$4,259
Total$2,869$34,428
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,365/yr
40% on housing$86,070/yr
45% on housing$76,506/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

$299This listing

vs Other Active Listings

Avg $/sqft

ZIP 01970$311
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
2026-08-10Contingent$399,000
2026-08-09Listing removed$2,500
2026-08-03Listed for rent$2,500
2026-07-31Listed for sale$399,000
2026-07-22Contingent$399,000
2026-07-14Listed for sale$399,000
2019-08-26Sold$289,800
2019-06-29Pending sale$299,000
2019-06-05Listed for sale$299,000
2007-01-10Sold$199,900
2004-10-22Sold$225,000

For Sale by Agent

AgentLesley Smith
BrokerageBarrett Sotheby's International Realty

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