1 Indian Hill Lane # 101, Salem MA 01970

Salem, MA 01970
$585,000
Est. $3,114/month
2
Beds
3
Baths
1,852
Sq Ft
$316
Price/Sq Ft
22.50
Acres
1987
Year Built
Condominium
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73269198

About this home

Unique end unit townhome with sunlit rooms throughout! New windows throughout this lovely home with great addition of 1/4 bath on on main living area; wonderful eat-in kitchen with Merilatt oak cabinets with double windows over stainless steel sink; 4 windows in main bedroom; family room on first level features a half bath, walk in closet and sliding glass door leading to a lovely landscaped yard. Common areas include outdoor swimming pool, doggie park, great area for walking.

Sale Statistics

Sale Overview
Original List Price: $604,900
Final Sale Price: $585,000
Difference: $19,900 (-3.3%)
Performance Metrics
96.7%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $327
Sale $/sq ft: $316
This property sold for $316 per square foot
Sale Summary

This property sold for 3.3% below the original asking price.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
2
Living Area
1,852 sq ft
Total Rooms
5
Stories
3
Entry Level
3

Interior Features

Flooring
Tile, Carpet, Concrete, Hardwood, Flooring - Stone/Ceramic Tile
Heating
Central, Heat Pump, Electric
Has Heating
Yes
Cooling
Central Air, Heat Pump, Individual
Has Cooling
Yes
Fireplace Features
Dining Room, Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Bathroom - 1/4, 1/4 Bath, Central Vacuum
Laundry Features
Third Floor, In Unit, Electric Dryer Hookup
Basement Details
N
Window Features
Insulated Windows, Screens

Exterior & Structure

Construction Materials
Frame, Block
Roof
Shingle
Exterior Features
Patio, Balcony, Gazebo, Screens, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall
Patio/Porch Features
Patio
Has Spa
No
Pool Features
Association, In Ground
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
22.50 acres
Lot Size
980,100 sq ft
Lot Size Area
22.5000

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Garage Door Opener, Storage, Off Street, Deeded, Common, Guest, Driveway, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer
Water Source
Public, Individual Meter
Sewer
Public Sewer
Electric
220 Volts, Circuit Breakers, 150 Amp Service
Security Features
Security System

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park
HOA Fee
$401
HOA Fee Frequency
Monthly
Association Amenities
Pool, Park
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,664
Tax Year
2024
Tax Assessed Value
$487,400
Tax Lot
801
Tax Block
0006
Tax Map Number
03
Parcel Number
030006801,2126650
Zoning
Condo

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Highlanld Condominium At Salem Trust
Common Walls
End Unit
Exclusions
None

Location

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Neighborhood

1 Indian Hill Lane # 101, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Withcraft Heigh
Rating information coming soon
Middle School
Higgins
Rating information coming soon
High School
Salem
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $472
Homeowners Insurance $200
HOA Fee $401
PMI $0

Property History

Market Insights

2.3%
Price Range
22
Total Days on Market

Property Timeline

Sold
Oct 3, 2024
$585,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jul 25, 2024
$599,000
Original listing
Agent: Cynthia Anselmo Office: East Coast Properties

Price & Status History

Date Event Price Change
Jul 25, 2024 New Listing Added $599,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$316

Tax History

Year Taxes Assessment
2024 $5,664 $487,400

Financial Details

Annual Property Tax
$5,664
Tax Year 2024
HOA Fee
$401
Monthly
Assessed Value
$487,400

Listing Information

Listing Agent Cynthia Anselmo
Listing Office East Coast Properties
Agent MLS ID C0347670
Office MLS ID C27300

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