5 Field Avenue, Salem, NH, 03079 | $475,000

MOVE IN READY ! This home has been renovated and improved by the owners with flooring , paint , and more . . . come home to this very charming New Englander with 4 Bedrooms, 1. 5 baths . Open concept living area on 1st level with 2 Bedrooms and a full bath . . . potential uses also for office or at home workspace. Access to the lake for boating/ kayaking and swimming is a block away with deeded access on Millville Lake, this is a rural neighborhood setting within minutes to shopping, dining and commuter routes . Stainless appliances in the kitchen updated in last 2 yrs, systems are newer including roof . . . Will be shown by appointment only on Saturday 5/24 between 12-2 PM Call now for your showing !

Features

  • Amenities: Beach Rights,Boat Launch
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 1 full / 1 half
  • Style: New Englander
  • Year Built: 1940
  • Heating: Oil,Baseboard,Hot Water,Multi Zone
  • Cooling: None
  • Basement: Bulkhead,Concrete Floor,Full,Stairs - Interior,Sump Pump,Interior Access,Exterior Access
  • Approx Sq. Feet: 1,068
  • Acreage: 0.15
  • Est. Taxes: $5,185
  • Lot Desc: Country Setting,Lake Access,Near Shopping,Neighborhood,Near School(s)
  • Elem. School: William E Lancaster School
  • Middle School: Woodbury School
  • School District: Salem
  • MLS#: 5042221
  • Website: https://www.raveis.com
    /prop/5042221/5fieldavenue_salem_nh?source=qrflyer
©2025 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/24/2025
Listing courtesy of Churchill Properties   Phone: 978-578-5013
Listing Agent: Valerie McGillivray

Room Information

Type DescriptionLevel
Bedroom 2 Flooring - LaminateSecond
Bedroom 3 Flooring - WoodFirst
Bedroom 4 Flooring - WoodFirst
Dining Room Flooring - Wood, Open FloorplanFirst
Kitchen Flooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Remodeled, Stainless Steel AppliancesFirst
Living Room Flooring - Wood, Open FloorplanFirst
Master Bedroom Flooring - LaminateSecond

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5 Field Avenue, Salem, NH, 03079

$475,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $380,000 $380,000 $380,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.109% 7.166% 6.268%
Monthly Tax Payment $432 $432 $432
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,433 $2,526 $3,205
Total Monthly Payment $2,940 $3,033 $3,712

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.