Welcome to this charming condo nestled in the heart of Salem! Completely renovated in 2022, this inviting ground floor unit features open-concept living with high ceilings & abundant natural light. The kitchen boasts modern appliances, ample cabinetry and a large island with seating & additional storage. The open layout flows into a spacious living & dining area with a coffee bar, built in storage & beverage fridge. The primary bedroom offers two closets including a walk-in and a bathroom with luxurious finishes and walk-in tiled shower. Comfortably sized second bedroom and main bath with heated tile flooring. Convenient laundry and utility room off the hallway and large central closet with organized shelving. Located in a well-maintained building, seconds away from Salem’s vibrant downtown, and easy access in and out of the city. Nothing to do but move in and enjoy!
Sale Statistics
Sale Overview
Original List Price:$549,000
Final Sale Price:$539,000
Difference:
$10,000 (-1.8%)
Performance Metrics
98.2%
List to Sale Ratio
Sold below asking price
31
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$427
Sale $/sq ft:$419
This property sold for $419 per square foot
Sale Summary
This property sold for 1.8% below the original asking price.
The property spent 31 days on market before selling.
Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, First Floor, In Unit, Washer Hookup
Basement Details
Y
Exterior & Structure
Roof
Rubber, Asphalt/Composition Shingles
Exterior Features
Patio
Patio/Porch Features
Patio
Has Spa
No
Waterfront Features
1/2 to 1 Mile To Beach
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Deeded
Utilities & Systems
Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom, Security System
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$390
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s), Storage
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,651
Tax Year
2024
Tax Assessed Value
$400,300
Parcel Number
M:35 L:0195 S:801,2136376
Zoning
B5
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Common Walls
Corner
Attached Property
Yes
Disclosures
Tile heat in primary bathroom is not working. One deeded parking spot. Current owners rent a second spot in lot through the association for $50/mnth. Washer and Dryer are excluded. Fully renovated in 2022 - new tile floors throughout, recessed lighting, new kitchen, bathrooms, & doors
Exclusions
Washer And Dryer
Location
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Neighborhood
1 Washington St # 101, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$388
Homeowners Insurance$200
HOA Fee$390
PMI$0
Property History
Market Insights
1.8%
Price Range
33
Total Days on Market
Property Timeline
✓
Sold
Nov 15, 2024
$539,000
Property sold
Days on Market: 33
🏠
Listed for Sale
Sep 11, 2024
$549,000
Original listing
Agent: Alyssa McKeoghOffice: Ocean's Edge Real Estate
