40 Chestnut St Salem, MA 01970
Property details
About 40 Chestnut St
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.
Highlights
Summary
- MLS Number: 73353104
- MLS Name: MLS Property Information Network
- Office Name: Gibson Sotheby's International Realty
- Office Phone: (978) 526-0243
- Listing Agent: Michael Selbst
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.
Last updated on: 4/7/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,250,000
40 Chestnut St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 07, 1999 | Home Sold | $520,000 |
| Sep 02, 1997 | Home Sold | $395,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,746,400 | $20,293 |
| 2023 | $1,517,100 | $18,979 |
| 2022 | $1,256,600 | $16,650 |
| 2021 | $1,199,700 | $16,556 |
| 2020 | $1,182,000 | $17,080 |
| 2019 | $1,082,200 | $16,341 |
History based on county public records data.
Nearby schools
1
Horace Mann Laboratory
Public District KG-5
0.9 mi
•79 Willson St
4
Witchcraft Heights
Public District KG-5
0.9 mi
•1 Frederick St
5
Bates
Public District KG-5
1.1 mi
•53 Liberty Hill Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,581. Typical income of Salem, MA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Symphony or Opera
Yoga/pilates
Continuing Education Courses
Where do the neighbors shop?
Chico's
H&M
Express/Express For Men
Where do the neighbors go to eat?
Boston Market
Dominos Pizza
Qdoba
What do the neighbors drive?
Volvo
Audi
Volkswagen
What do the neighbors listen to?
Talk/Personality
Alternative
Urban Contemporary
Frequently asked questions
About 40 Chestnut St
This home is located at 40 Chestnut St in Salem, MA and zip code 01970. This 6,000 square foot home, which was built in 1850, sits on a 0.13 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $2,250,000.
While more than 24 listings in Salem, MA in March 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 5 were sold below. The inventory of homes for sale in Salem, MA between February and March 2025 increased by 40.3%. Listings spent 29 days on the market in March 2025, and had a median list price of $600,000 during the same period.