14 days on rocket

18 Chestnut St, Salem, MA, 01970

$1,850,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 2 Partial
4,258 SqFt
$434/SqFt
House
Schools Nearby

Location

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18 Chestnut St, Salem$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1800
HeatingCentral, Forced Air
CoolingCentral Air
BasementYes
MLS #73237613
Lot Size0.07 Acres
StatusActive

About 18 Chestnut St

Exquisite circa 1800 home on beautiful Chestnut Street! Perfect for single family home buyer happy to defray costs with a rental unit or for multi-generational living. Units can easily be combined. Masterfully restored over 3 years, with all new systems, plumbing & electrical while retaining its antique charm. Windows were carefully restored or custom made to precise historic standards w/traditional wavy glass for authenticity. Lovely woodwork showcases Georgian, Federal, & Colonial Revival styles. Main unit has 3-4 BRs 2 ½ baths plus the sunniest office overlooking Chestnut St; lower unit has 2 BRs 2 ½ baths. Beautiful brick & cobblestone patio is accessible by both units as you see fit; flexes as off-street parking during the winter. Once home to Nathaniel Hawthorne who published the “Scarlet Letter” shortly after leaving. Ideally located on the corner of romantic Botts Court & elegant Chestnut St, minutes from the train station, restaurants, the PEM & waterfront.

Property Details

Property Features

Property Information:

  • Architectural Style: Antique
  • Year Built: 1800
  • Living Area: 4,258 SqFt

Listing Office:

  • Office Name: Gibson Sotheby's International Realty
  • Listing Agent: Michael Selbst

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Wood, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Collins Middle School, Public District Grades 6-8
  • Saltonstall School, Public District Grades KG-8
  • Nathaniel Bowditch, Public District Grades KG-8
  • Carlton, Public District Grades KG-5
  • Witchcraft Heights, Public District Grades KG-5
  • Bates, Public District Grades KG-5

Other

Directions Information:

  • Directions: Flint St to Chestnut

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $434/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $8,987
  • Tax Year: 2021
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Housing Market Comparison

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

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Salem, MA

City

Med. Sold Price

$549.8K

Med. Price/SqFt

$382

Avg. Days On Market

32

# of Sold Homes

30

18 Chestnut St vs Salem

14 DAYS ON ROCKET

-18 Days

$1,850,000

+$1.3M More

$434/SqFt

+$51 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $51/SqFt more 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: #73237613

Listing Office:

  • Office Name: Gibson Sotheby's International Realty
  • Listing Agent: Michael Selbst

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: 5/29/2024, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,987$651,200
2020$9,268$641,400
2019$7,971$527,900
2018$11,736$763,100
2017$12,304$775,800

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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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-4099727
3
/10

  • Carlton

  • 10 Skerry St

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-4099728
1
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-4099729
3
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.05 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4099730
3
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.43 miles

  • Public District Grades 6-8

school-card-donut-4099731
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.62 miles

  • Public District Grades KG-8

school-card-donut-4099732
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 0.94 miles

  • Public District Grades KG-8

High School

school-card-donut-4099733
3
/10

  • Salem High School

  • 77 Willson St

  • 1.09 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 $75,581. The majority of Salem, MA residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18 Chestnut St

What is the listing price of this property?

The listing price of 18 Chestnut St property is $1,850,000.

What type of property is this?

The property 18 Chestnut St is a house located in Salem, Massachusetts, 01970.

Is this property for sale now?

Active Listing: 18 Chestnut St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 18 Chestnut St are:
Carlton: GreatSchools Rating 3/10
Witchcraft Heights: GreatSchools Rating 1/10
Bates: GreatSchools Rating 3/10
Collins Middle School: GreatSchools Rating 3/10
Saltonstall School: GreatSchools Rating 4/10
Nathaniel Bowditch: GreatSchools Rating 2/10
Salem High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,987 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 18 Chestnut St has 6 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 18 Chestnut St is 4,258 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18 Chestnut St is 1800.

Rocket Homes›Massachusetts›Essex County›Salem›01970›18 Chestnut St

This home is located at 18 Chestnut St in Salem, MA and zip code 01970. This 4,258 square foot home, which was built in 1800, sits on a 0.07 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,850,000.

In April 2024 more than 18 listings in Salem, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. In April 2024 in Salem, MA there were 1.1% more homes for sale than in March 2024. In April 2024 median list price was $549,825 and the average listing age was 32 days.

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

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