5 Parallel St
Salem, MA 01970
- 2 Beds
- 2 Baths
- 1,277 sqft (on 0.46 acres)
2 Beds
2 Baths
1,277 sqft
(on 0.46 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1900
Lot Size
0.46 acres
Living Area
1,277 sqft
Price/Sqft
$493
About this House
First time buyers or empty nesters take note! Charming colonial located on a large lot with with beautiful views located on dead end street. This home features a spacious eat in kitchen with a half bath and laundry room right off the kitchen. There are two living areas, one for a living room and one for a family room or formal dining room with hard wood floors. The second level offers 2 large equal size bedrooms with a fantastic full bath with 2 sinks, large vanity and tub with shower. Both bedrooms have skylights that make them nice and bright. In addition, there is a bonus office/sitting area at the top of the stairs. Closets, yup ample! Enjoy grilling on the large deck that looks out over the fantastic yard abutting marsh with beautiful views. Perfect yard for fido!! Enjoy all that Salem has to offer from this wonderful retreat!
5 Parallel St, Salem, MA 01970 is a 2 bedroom, 2 bathroom, 1,277 sqft single-family home built in 1900. It last sold for $270,000 on Jul 13, 2015. It is currently off market. The Trulia Estimate is $629,000, with a rent estimate of $3,332/month.
Home Details for 5 Parallel St
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Interior Details BasementNumber of Rooms: 8 |
Heating & Cooling Heating: Other, OilHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Roof: AsphaltExterior: Other |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Single Family HomeArchitecture: Old Style |
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Units in Building: 1 |
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Lot Area: 0.46 acres |
Price History for 5 Parallel St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/13/2015 | $270,000 | Sold | N/A |
| 06/02/2015 | $276,000 | PriceChange | Agent Provided |
| 05/03/2015 | $285,000 | PriceChange | Agent Provided |
| 03/31/2015 | $294,900 | PriceChange | Agent Provided |
| 03/26/2015 | $299,900 | PendingToActive | Agent Provided |
| 03/12/2015 | $299,900 | Pending | Agent Provided |
| 12/26/2014 | $299,900 | Listed For Sale | Agent Provided |
Market trends in Salem
Last updated June 2026
Avg. sale price
$573K
$5KMoM
Sale-to-List Price
100.1%
1.0%MoM
Price per sq ft
$422
$10MoM
Available listings
133
25MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,169 |
| Assessment | $544,000 |
Home facts updated by county records
Comparable Sales for 5 Parallel St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $585,000 | 05/19/26 | 3 | 1.5 | 1,312 | |
0.08 | Single-Family Home | $370,000 | 04/14/26 | 3 | 1.5 | 921 | |
0.15 | Single-Family Home | $590,000 | 03/23/26 | 3 | 1.5 | 1,454 | |
0.27 | Single-Family Home | $528,000 | 10/17/25 | 3 | 1.5 | 1,460 | |
0.26 | Single-Family Home | $535,000 | 01/06/26 | 3 | 2 | 1,255 | |
0.28 | Single-Family Home | $550,000 | 10/02/25 | 3 | 2 | 1,173 | |
0.49 | Single-Family Home | $550,000 | 09/19/25 | 2 | 2 | 1,738 | |
0.09 | Single-Family Home | $520,000 | 11/21/25 | 4 | 1 | 1,181 | |
0.46 | Single-Family Home | $760,000 | 07/15/26 | 3 | 1.5 | 1,793 | |
0.47 | Single-Family Home | $810,000 | 06/26/26 | 3 | 2 | 1,898 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5 Parallel St.
What Locals Say about Salem
At least 438 Trulia users voted on each feature.
90 % Say there are sidewalks
86 % Say it's dog friendly
81 % Say it's walkable to restaurants
72 % Say there's holiday spirit
70 % Say people would walk alone at night
69 % Say streets are well-lit
64 % Say car is needed
61 % Say parking is easy
61 % Say it's walkable to grocery stores
60 % Say yards are well-kept
59 % Say kids play outside
56 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
50 % Say it's quiet
42 % Say there's wildlife
34 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 5 Parallel St
Off Market Homes Near 5 Parallel St
Frequently asked questions about 5 Parallel St
- What is 5 Parallel St estimated to be worth?Trulia's estimated value for 5 Parallel St in Salem, MA is $629,000.
- What is the price history for 5 Parallel St?5 Parallel St in Salem, MA last sold for $270,000 in July 2015.
- Is Salem a buyer's or seller's market?Salem is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Salem?The median sale price in Salem is $573K. That is down $5K from the prior month.
- How big is the lot at 5 Parallel St?The lot at 5 Parallel St in Salem, MA is about 0.46 acres (20,037 sq ft).

