402/20 Central Street

Off Market

402/20 Central Street

Salem MA 01970

1395 sq. ft.

Condo

Last sold for $599,000

Amanda Armstrong, last sold this property on 15 December 2025 after 249 days on market.

Overview

What sets this Salem condo apart begins with the deeded underground garage parking with direct interior access and elevator service—a rare and valuable convenience in the heart of downtown. From this prime location, you’re steps from Salem’s best restaurants, museums, shops, and entertainment, while enjoying the privacy and ease of a secure building. The unit itself is perfectly positioned to capture unobstructed views of historic Derby Square and the Old Town Hall—protected landmarks that guarantee the vistas will remain timeless. Large windows and two private decks invite natural light and frame these one-of-a-kind views, offering an urban backdrop unlike any other in Salem. Add in thoughtful updates, modern comforts, and the unmatched combination of garage parking and elevator access, and you have a residence that balances convenience, character, and lasting value in one of New England’s most celebrated cities.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

1395 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Salem over the last 12 months, the estimated median property value of 402/20 Central Street is $500k.

Median value

$500k

Estimated value range

$300k - $1.3m

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 402/20 Central Street

2025

Sold

$599,000

15 Dec 2025 by Amanda Armstrong, of Compass

Happy sellers in Salem

96%

96% of sellers in Salem reported that their sale price either exceeded or met their price expectations.

Salem stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Salem over the last 12 months.

Local market activity for 2 bedroom condos in Salem

In the last 12 months, 132 two-bedroom condos similar to 402/20 Central Street, have been sold.

This represents a 17% increase in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Salem for a market analysis.

Kathy & Terry Sullivan

at RE/MAX Beacon | Beverly

(86 reviews)

Get a market analysis

Sean K Connelly

at William Raveis Real Estate - Marblehead

(51 reviews)

Get a market analysis

Rita Lu

at Keller Williams Realty Boston-Metro | Back Bay

4.9

(19 reviews)

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Carol St. Pierre

at Tache Real Estate, Inc.

(3 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Salem

Kathy & Terry Sullivan

Sellers who recommend Kathy & Terry Sullivan have praised them for being local expert, supportive, responsive, detail-oriented, clear communication, dedicated, and reliable

5 (86 reviews)
2 Reviews in Salem
2 Sales in Salem

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Sean K Connelly

Sellers who recommend Sean K Connelly have praised them for being local expert, clear communication, responsive, reliable, supportive, friendly, and trustworthy