3 Spring St, #1, Salem, MA 01970 Property Records

Essex County and Salem City property record for 3 Spring St, #1, Salem, MA 01970

Property Summary

Property Type	Condominium
Details	2 bd · 1 ba · 1,193 sqft · built 1920
Lot Size	0.078 acres (3,404 sqft)
Owner	Company Name on File
Last Sale	$860,000 (Nov 2023)
Tax Bill	$3,972 (2026)
Deeds & Mortgages	Nov 2023 Sale & Mortgage Oct 2021 Refinance + 3 more
Flood Zone	Zone X (minimal risk)
APN	`SALE M:36 L:0459 S:801`

Property Details

APN / Parcel Number

Primary APN	`SALE M:36 L:0459 S:801`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	4 Rooms
Stories	2 Stories
Building Area	1,193 sqft Living Area

Exterior

Year Built	Built 1920
Effective Year Built	Effective 1920
Architectural Style	Condo/Apartment
Exterior Material	Wood Siding
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	3,404 sqft

Utilities, Heating & Cooling

Heating Fuel	Electric

Location & Zoning

Street Address	3 SPRING ST, 1
City	SALEM
State	MA
Zip	01970-3825
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	R2
Legal Lot Number	459
Jurisdiction	SALEM MA
Township / Civil Division	SALEM
Census Block Group	3
Census Block	3006
Census Tract	204400

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Bridge Street Neck Historic District listed 2002 · 383 contributing resources · NRIS 02000790

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

3 Spring St, #1 is owned by a company that bought it in November 2023.

Source: Essex County and Salem City records, as of October 20, 2026

Owner of Record	Company Name on File
Mailing Address	3 SPRING ST, 1, SALEM, MA 01970-3825
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 17, 2023	Quit Claim Deed, Transfer · Stand-Alone First Mortgage LIBERTY BAY CREDIT UNION
Oct 19, 2021	Deed of Trust, Mortgage · Stand-Alone Refinance LEADER BANK NA
Sep 7, 2022	Deed of Trust, Mortgage · Commercial Mortgage CAPE ANN SAVINGS BANK
Dec 16, 2021	Quit Claim Deed, Transfer · Commercial Mortgage CAPE ANN SAVINGS BANK
Jun 24, 2021	Quit Claim Deed, Transfer · Stand-Alone First Mortgage LEADER BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 17, 2023 · Amount on File
Deed Sale	Nov 17, 2023 · Amount on File
Prior Sale	Dec 16, 2021 · Amount on File
Deed Document Number	20231400
Deed Book / Page	41864 / 572
Record Updated	Oct 29, 2026

November 2023: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SALEM MA
Recording Date	Nov 17, 2023
Property Address	3 SPRING ST # 1, 1, SALEM, MA 01970-3825
Document Number	041864-572
Book / Page	41864 / 572
Instrument Date	Nov 17, 2023
Instrument	20231117001400
Transaction Type	Transfer
Record Updated	Dec 8, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3 SPRING ST, SALEM, MA 01970-3825

Mortgage

Document Number	231117001410
Date	Nov 17, 2023
Instrument	231117001410

Lender

Name	LIBERTY BAY CREDIT UNION

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record

October 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SALEM MA
Property Address	3 SPRING ST # 1, 1, SALEM, MA 01970-3825
Transaction Type	Mortgage
Record Updated	Aug 22, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	040391-304
Date	Oct 19, 2021
Book Page	40391/304
Instrument	20211019000610

Lender

Name	LEADER BANK NA
Type	Bank

Agreement

Type	Stand-Alone Refinance
Amount	Amount on Record

September 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SALEM MA
Property Address	3 SPRING ST # 1, 1, SALEM, MA 01970-3825
Transaction Type	Mortgage
Record Updated	Sep 23, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	041174-150
Date	Sep 7, 2022
Book Page	41174/150
Instrument	94

Lender

Name	CAPE ANN SAVINGS BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

December 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SALEM MA
Recording Date	Dec 16, 2021
Property Address	3 SPRING ST # 1, 1, SALEM, MA 01970-3825
Document Number	040582-525
Book / Page	40582 / 525
Instrument Date	Dec 16, 2021
Instrument	20211216004200
Transaction Type	Transfer
Record Updated	Jan 17, 2022

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10 WINTERHAVEN RD, GLOUCESTER, MA 01930-2044

Mortgage

Document Number	211216004210
Date	Dec 16, 2021
Instrument	211216004210

Lender

Name	CAPE ANN SAVINGS BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

June 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SALEM MA
Recording Date	Jun 24, 2021
Property Address	3 SPRING ST # 1, 1, SALEM, MA 01970-3825
Document Number	040013-185
Book / Page	40013 / 185
Instrument Date	Jun 24, 2021
Instrument	20210624002110
Transaction Type	Transfer
Record Updated	Jan 17, 2022

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	17 FOSTER ST, MARBLEHEAD, MA 01945-3601

Mortgage

Document Number	210624002120
Date	Jun 24, 2021
Instrument	210624002120

Lender

Name	LEADER BANK NA
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 3 Spring St, #1 was $3,972, up 0.4% from the year before.

Source: Essex County and Salem City assessment roll, as of April 14, 2026

Property Jurisdictions

Type	Name
State	Massachusetts
County	Essex County
Municipality	Salem City
Unified School District	Salem School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$3,972.00 (+0.35%)	$368,500 (+5.59%) Building $368,500	$459,351 (-21.7%)
2025	$3,958.00 (+1.98%)	$349,000 (+4.49%) Building $349,000	$586,625
2024	$3,881.00 (+2.7%)	$334,000 (+10.56%) Building $334,000
2023	$3,779.00	$302,100 Building $302,100

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 3 Spring St, #1 in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective July 10, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 17 individual policies
Nearby Flood Policies	26 units insured incl. 9 condo units
Nearby Flood Claims	2 (1982–2006)
Most Recent Claim	May 2006 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 3 Spring St, #1 has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SALEM WATER DEPARTMENT serves 44,480 people · EPA ID MA3258000
Water Source	Purchased surface water from SALEM AND BEVERLY WATER SUPPLY BOARD
Last State Inspection	Dec 2024

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 505 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 2,000

May also be available: Verizon.

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