40 Chestnut St

Salem, MA 01970

$2,110,000
Last Sold Price
6
Beds
6,000 Sq. Ft.
$352 / Sq. Ft.
6,000
Sq. Ft.
$352
per Sq. Ft.

Description

Grand triple-mint condition single family townhouse on gorgeous 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. The owners have maintained this home to the highest standards; recent...Grand triple-mint condition single family townhouse on gorgeous 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. The owners have maintained this home to the highest standards; recent repointing, 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, functional 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.
  1. Listed by Michael Selbst • Gibson Sotheby's International Realty

Property Details for 40 Chestnut Street

Town
Salem
MLS Area
McIntire Historic District
Area
MA-Salem-McIntire Historic District, MA-Salem
Architectural Style
Antique, Greek Revival
Style
Antique, Greek Revival
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 05/15/2025 12:33 PM

Property Details for 40 Chestnut Street

StatusSold
MLS #73353104
Days on Market22
Taxes$20,930 / year
HOA Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Attached
Year Built1850
CountyEssex County

Location

Listing Courtesy of Gibson Sotheby's International Realty, Michael Selbst

Sold By The Agency Marblehead, Lyndsey Wakeham

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Building Information for 40 Chestnut Street

Stories-Year Built1850Building Size-Lot Size0.13 AC / 5,550 SF

Payment Calculator

$12,799 per month

30 year fixed, 6.845% Interest

Principal and Interest

$11,055

Property Taxes

$1,744

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • Current Financing: Cash
  • Living Area: 6000.0
  • SqFt with Basement: No
  • Property Attached: Yes
  • Single Family Type: Attached
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Basement Features: Full, Partially Finished
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: Yes
  • Fireplaces: 8
  • Flooring: Wood, Marble
  • Interior Features: Central Vacuum, Wetbar, Walk-up Attic
  • Interior Features: Central Vacuum, Wetbar, Security System
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Primary Bath: Yes
  • SpaYN: No
  • Window Features: Storm Window(s)
Exterior Features
  • Construction: Brick
  • Exterior Features: Fenced Yard
  • Exterior Features: Fenced Yard
  • Fencing: Fenced
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:25 L:0219,2131596
  • Assessments: $1,845,700
  • Book: 15923
  • Tax Year: 2025
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 6
Other Building Characteristics
  • Accessibility Features: No
  • Foundation: Granite
  • Cooling Zones: 2
  • Heat Zones: 2
Complex & Association Information
  • Association Security: Security System
  • Adult Community: No

Property History for 40 Chestnut Street

DateEvent & SourcePriceAppreciation
May 15, 2025

Sold

MLS PIN #73353104

$2,110,000
Apr 23, 2025

Under Agreement

MLS PIN #73353104

Apr 11, 2025

Contingent

MLS PIN #73353104

Apr 1, 2025

Listed (Active)

MLS PIN #73353104

$2,250,000
Sep 7, 1999

Sold (Public Record)

Public Record #87246370

$520,000

+14.6% / yr

Sep 7, 1999

Sold

MLS PIN #30280620

$520,000
May 10, 1999

Under Agreement

MLS PIN #30280620

May 10, 1999

Contingent

MLS PIN #30280620

Dec 11, 1998

Canceled

MLS PIN #30240850

$599,000
Dec 11, 1998

Listed (Active)

MLS PIN #30280620

$599,000
Jul 13, 1998

Listed (Active)

MLS PIN #30240850

$599,000
Sep 2, 1997

Sold (Public Record)

Public Record #87226287

$395,000
Oct 30, 1996

Canceled

MLS PIN #12099413

$425,000
Oct 27, 1992

Listed (Active)

MLS PIN #12099413

$525,000
DateEvent & SourcePrice
05/15/2025

Sold

MLS PIN #73353104

$2,110,000
04/23/2025

Under Agreement

MLS PIN #73353104

04/11/2025

Contingent

MLS PIN #73353104

04/01/2025

Listed (Active)

MLS PIN #73353104

$2,250,000
09/07/1999

Sold (Public Record)

Public Record #87246370

$520,000

+14.6% / yr

09/07/1999

Sold

MLS PIN #30280620

$520,000
05/10/1999

Under Agreement

MLS PIN #30280620

05/10/1999

Contingent

MLS PIN #30280620

12/11/1998

Canceled

MLS PIN #30240850

$599,000
12/11/1998

Listed (Active)

MLS PIN #30280620

$599,000
07/13/1998

Listed (Active)

MLS PIN #30240850

$599,000
09/02/1997

Sold (Public Record)

Public Record #87226287

$395,000
10/30/1996

Canceled

MLS PIN #12099413

$425,000
10/27/1992

Listed (Active)

MLS PIN #12099413

$525,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Chestnut Street

Taxable ValueLand$267,600Additions$1,578,100Total$1,845,700
Tax Record2025$20,930 ($1,744 / month)
Home Facts
Beds8Baths3.5Total Finished SqFt5,803 SqFtAbove Grade Finished SqFt5,803 SqFtUnfinished Basement SqFt1,920 SqFtStories4Lot Size5,550 SqFtStyleSingle Family ResidenceYear Built1850ZoningR1CountyESSEXAPNSALE M:25 L:0219Fireplace TypeHas Fireplace

Schools near 40 Chestnut Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Bates Elementary School
PublicPK to 5

Horace Mann Laboratory
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gibson Sotheby's International Realty, Michael Selbst

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.