40 Chestnut St Salem, MA 01970
Downtown Salem NeighborhoodEstimated payment $13,408/month
Highlights
- Marina
- Granite Flooring
- Antique Architecture
- Medical Services
- Property is near public transit and schools
- 5-minute walk to Bunny Puttman Park
About This Home
Grand single family townhouse on historic Chestnut Street in Salem. Started life in 1845 as a Greek Revival, later updated Colonial Revival details which has yielded a house with a rarified material quality...fluted pilasters, hand carved mantels, rich paneled wainscotting, mahogany windowsills, and the most delightful old-world butlers pantry. The whole house imparts a sense of enduring and elevated quality. Restored and updated to the highest standards: significant rewiring in the last year, 2 zone c/ac, recent new roof, custom baths, 4 zone irrigation & exterior lighting, & custom copper gutters, to name a few. The outdoor spaces are artfully designed for beauty, functionality and low maintenance. Located at the upper end of Chestnut St, lined with 19th century mansions built during the heyday of Salem’s seafaring trade. Minutes from downtown Salem and the train. This is a rare offering of a turnkey home in a completely intact 19th century New England setting.
Open House Schedule
-
Sunday, April 19, 202611:30 am to 1:00 pm4/19/2026 11:30:00 AM +00:004/19/2026 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,930
Year Built
- Built in 1850
Lot Details
- 5,550 Sq Ft Lot
- Fenced Yard
- Level Lot
- Property is zoned R1
Home Design
- Antique Architecture
- Greek Revival Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 5,803 Sq Ft Home
- Wet Bar
- Central Vacuum
- 8 Fireplaces
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Attic
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Granite
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Parking
- 2 Open Parking Spaces
- Off-Street Parking
Location
- Property is near public transit and schools
Utilities
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Natural Gas
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number M:25 L:0219,2131596
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
- Jogging Path
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,930 | $1,845,700 | $267,600 | $1,578,100 |
| 2024 | $20,293 | $1,746,400 | $255,500 | $1,490,900 |
| 2023 | $18,979 | $1,517,100 | $231,100 | $1,286,000 |
| 2022 | $16,650 | $1,256,600 | $219,000 | $1,037,600 |
| 2021 | $16,556 | $1,199,700 | $219,000 | $980,700 |
| 2020 | $17,080 | $1,182,000 | $212,900 | $969,100 |
| 2019 | $16,341 | $1,082,200 | $204,400 | $877,800 |
| 2018 | $14,622 | $950,700 | $194,600 | $756,100 |
| 2017 | $14,184 | $894,300 | $182,500 | $711,800 |
| 2016 | $13,871 | $885,200 | $173,400 | $711,800 |
| 2015 | $14,869 | $906,100 | $173,400 | $732,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2026 04/14/26 | For Sale | $2,200,000 | +4.3% | $379 / Sq Ft | |
| 05/15/2025 05/15/25 | Sold | $2,110,000 | -6.2% | $352 / Sq Ft | View Prior Sale |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- | |
| 04/01/2025 04/01/25 | For Sale | $2,250,000 | -- | $375 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $2,110,000 | None Available | |
| Quit Claim Deed | $2,110,000 | None Available | |
| Quit Claim Deed | $2,110,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $520,000 | -- | |
| Deed | $520,000 | -- | |
| Deed | $395,000 | -- | |
| Deed | $395,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | Purchase Money Mortgage | |
| Closed | $510,000 | Purchase Money Mortgage | |
| Previous Owner | $488,000 | No Value Available | |
| Previous Owner | $240,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73501166
APN: SALE-000025-000000-000219
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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Ask me questions while you tour the home.