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10 Norman St. # 105, Salem MA 01970

Salem, MA 01970
$390,000
Est. $2,799/month
1
Beds
1
Baths
812
Sq Ft
$480
Price/Sq Ft
1980
Year Built
30
Days on Market
Closed Listed Mar 22, 2024 • MLS# 73215414 Copied!

About this home

Welcome to this beautifully renovated downtown Salem one bed one bath first floor condo in close proximity to shops, restaurants, commuter rail and downtown events. This garden style unit has a brand new quartz kitchen, SS appliances (dishwasher 2018), updated bathroom, luxury vinyl plank flooring, 2 wall ac's, closet bifold doors, all new lighting fixtures, and freshly painted throughout. It showcases an open concept layout with tall ceilings, lots of closet space, a large bedroom, picture windows for lots of sunlight and in unit laundry. Building amenities include a welcoming foyer, exercise room, sauna, clubroom & laundry room. Outdoor bench patio seating to enjoy the outdoors. One assigned off street parking space #38 & storage locker #5 are deeded with the condo. Gas heat & hot water are included in the condo fee. 1 cat is allowed as a pet with condo board permission. Well maintained building that is in the same association with 9 & 11 Barton Sq.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
1
Full Bathrooms
1
Living Area
812 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $399,000
Final Sale Price: $390,000
Difference: $9,000 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
30
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $491
Sale $/sq ft: $480
This property sold for $480 per square foot
Sale Summary

This property sold for 2.3% below the original asking price.

The property spent 30 days on market before selling.

Nearby Sales Comparison

Based on 22 similar properties sold within 0.5 miles in the last 90 days

This Property
$480/sq ft
Area Average
$364/sq ft
Difference
+31.8%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 812 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Natural Gas, Unit Control
Cooling Wall Unit(s), Unit Control
Flooring Vinyl
Appliances Microwave, Washer, Dryer, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Range
Fireplace None
Basement Y
Laundry Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features Patio, Fenced Yard, Screens
Pool None
Spa None
Fencing Fenced
Patio/Porch Patio

Parking

Features Off Street, Assigned, Deeded, Guest, Driveway, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,483
Assessed Value $299,700

Interior Features

Flooring: Vinyl
Appliances: Microwave, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range
Interior Features:
Windows: Insulated Windows, Screens
Basement: Y
Laundry: Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1980
Structure Type: Garden, Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Unit Control
Heating Zones: 1
Cooling: Wall Unit(s), Unit Control
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Fenced Yard, Screens
Patio & Porch: Patio
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Deeded, Guest, Driveway, Paved

Location

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Neighborhood

10 Norman St. # 105, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $290
Homeowners Insurance $200
HOA Fee $337/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2.3%
Price Range
33
Total Days on Market

Property Timeline

Sold
May 22, 2024
$390,000
Property sold
Days on Market: 33
🏠
Listed for Sale
Mar 22, 2024
$399,000
Original listing
Agent: Mirella E. McDonough Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Mar 22, 2024 New Listing Added $399,000

Market Statistics

Days on Market
30 days
Price per Sq Ft
$480

Tax History

Year Taxes Assessment
2024 $3,483 $299,700

Financial Details

Annual Property Tax
$3,483
Tax Year 2024
HOA Fee
$337
Monthly
Assessed Value
$299,700

Listing Information

Listing Agent Mirella E. McDonough
Listing Office Real Broker MA, LLC
Agent MLS ID BB809223
Office MLS ID AN4866
Listing Data Updated May 23, 2024 6:04 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

10 Norman St. # 105, Salem MA 01970 - Photo 1 10 Norman St. # 105, Salem MA 01970 - Photo 2 10 Norman St. # 105, Salem MA 01970 - Photo 3 10 Norman St. # 105, Salem MA 01970 - Photo 4 10 Norman St. # 105, Salem MA 01970 - Photo 5 10 Norman St. # 105, Salem MA 01970 - Photo 6 10 Norman St. # 105, Salem MA 01970 - Photo 7 10 Norman St. # 105, Salem MA 01970 - Photo 8 10 Norman St. # 105, Salem MA 01970 - Photo 9 10 Norman St. # 105, Salem MA 01970 - Photo 10 10 Norman St. # 105, Salem MA 01970 - Photo 11 10 Norman St. # 105, Salem MA 01970 - Photo 12 10 Norman St. # 105, Salem MA 01970 - Photo 13 10 Norman St. # 105, Salem MA 01970 - Photo 14 10 Norman St. # 105, Salem MA 01970 - Photo 15 10 Norman St. # 105, Salem MA 01970 - Photo 16 10 Norman St. # 105, Salem MA 01970 - Photo 17 10 Norman St. # 105, Salem MA 01970 - Photo 18 10 Norman St. # 105, Salem MA 01970 - Photo 19 10 Norman St. # 105, Salem MA 01970 - Photo 20 10 Norman St. # 105, Salem MA 01970 - Photo 21 10 Norman St. # 105, Salem MA 01970 - Photo 22 10 Norman St. # 105, Salem MA 01970 - Photo 23
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