7 Spring St #1
Salem, MA 01970
- 2 Beds
- 1 Bath
- 857 sqft
2 Beds
1 Bath
857 sqft
Home Value
Trulia Estimate
$418KSince last month
Decreased$6K (-1.5%)Since last year
Decreased$16K (-3.6%)Since last sale
Increased$78K (+22.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +68% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $418K |
| July 2026 | $424K |
| June 2026 | $429K |
| May 2026 | $433K |
| April 2026 | $427K |
| March 2026 | $430K |
| February 2026 | $422K |
| January 2026 | $415K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Condo | $425,000 | 07/07/26 | 2 | 1 | 892 | |
0.40 | Condo | $328,000 | 09/09/25 | 2 | 1 | 683 | |
0.31 | Condo | $485,000 | 03/27/26 | 2 | 1 | 930 | |
0.29 | Condo | $475,000 | 05/28/26 | 2 | 1 | 960 | |
0.43 | Condo | $365,000 | 10/16/25 | 2 | 1 | 875 | |
0.17 | Condo | $445,000 | 12/02/25 | 2 | 1 | 818 | |
0.17 | Condo | $380,000 | 10/20/25 | 1 | 1 | 596 | |
0.27 | Condo | $490,000 | 06/05/26 | 2 | 2 | 959 | |
0.12 | Condo | $300,000 | 08/29/25 | 1 | 1 | 526 | |
0.20 | Condo | $490,000 | 02/27/26 | 2 | 2 | 814 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | - | 9 | 5 | 5,675 | Off Market | |
0.03 | $606,100 | 2 | 1.5 | 1,100 | Off Market | |
0.03 | $602,500 | 2 | 1.5 | 1,100 | Off Market | |
0.03 | $744,900 | 2 | 2 | 1,690 | Off Market | |
0.05 | $891,000 | 7 | 3 | 3,087 | Recently Sold | |
0.06 | $825,000 | 6 | 2 | 2,622 | Recently Sold | |
0.07 | $926,800 | 4 | 2 | 2,490 | Off Market | |
0.05 | $909,700 | 4 | 3 | 2,830 | Off Market | |
0.05 | $557,000 | 2 | 1.5 | 939 | Off Market | |
0.08 | $854,500 | 5 | 2 | 2,336 | Off Market | |
0.08 | $869,000 | 4 | 2.5 | 1,845 | Recently Sold | |
0.07 | - | 3 | 1 | 1,645 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1860
Living Area
857 sqft
Price/Sqft
$487
About this House
You will feel instantly at home in this welcoming, well laid out condo just seconds from Colins Cove beach. The open layout is perfect for entertaining with a great flow between living, dining and kitchen. Enjoy hardwood floors through out, ornate fireplaces, beautiful molding, granite counter tops, stainless steel appliances and gas cooking. There are two good sized bedrooms, a large bathroom, extra storage in the basement, common outdoor space and in unit laundry. You can walk to the train, commuter ferry and all of the fabulous restaurants and shops in downtown Salem. What more could you ask for? Oh parking...you have that too! Small dogs and cats ok. Flexible lease terms. One month fee to be paid by tenant and split evenly between listing broker and tenant broker.
7 Spring St #1, Salem, MA 01970 is a 2 bedroom, 1 bathroom, 857 sqft condo built in 1860. It last sold for $340,000 on May 7, 2021. More recently, it was listed as a rental in September 2018 with an asking price of $2,000 per month. That rental listing was removed on September 11, 2018. It is currently off market. The Trulia Estimate is $417,700, with a rent estimate of $2,865/month.
Home Details for 7 Spring St #1
|
|---|
Heating & Cooling Heating: GasHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Number of Rooms: 5 |
Appliances & Utilities DishwasherDisposalDryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
|
|---|
Exterior Home Features Roof: AsphaltExterior: Other |
|
|---|
Year Built Year Built: 1860 |
Property Type / Style Property Type: CondoArchitecture: Other |
|
|---|
Units in Building: 2 |
|
|---|
Lot Area: 3484 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 7, 2021 Source: N/A | Sold | $340,000 |
Sep 11, 2018 Source: Agent Provided | ListingRemoved | $2,000 |
Sep 1, 2018 Source: Agent Provided | Listed For Rent | $2,000 |
Apr 29, 2016 Source: N/A | Sold | $243,000 |
Mar 18, 2016 Source: Agent Provided | Pending | $239,000 |
Mar 16, 2016 Source: Agent Provided | Listed For Sale | $239,000 |
Dec 21, 2015 Source: Agent Provided | ListingRemoved | $239,000 |
Dec 11, 2015 Source: Agent Provided | Pending | $239,000 |
Nov 2, 2015 Source: Agent Provided | Listed For Sale | $239,000 |
Dec 17, 2011 Source: Agent Provided | ListingRemoved | $1,600 |
Nov 10, 2011 Source: Agent Provided | Listed For Rent | $1,600 |
Feb 10, 2005 Source: N/A | Sold | $235,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,143 | $365,300 |
Home facts updated by county records
Market trends in Salem
Last updated July 2026
Avg. sale price
$574K
$833MoM
Sale-to-List Price
100.3%
0.2%MoM
Price per sq ft
$430
$8MoM
Available listings
133
Around this home
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
LGBTQ Local Legal Protections
Frequently asked questions about 7 Spring St #1
- What is 7 Spring St #1 estimated to be worth?Trulia's estimated value for 7 Spring St #1 in Salem, MA is $417,700.
- What is the price history for 7 Spring St #1?7 Spring St #1 in Salem, MA last sold for $340,000 in May 2021.
- Is Salem a buyer's or seller's market?Salem is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Salem?The median sale price in Salem is $574K. That is up $833 from the prior month.
- Does 7 Spring St #1 have laundry facilities?Yes, 7 Spring St #1 in Salem, MA has in-unit laundry.

