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10 Norman St # 203, Salem MA 01970

Salem, MA 01970
$325,000
Est. $2,475/month
1
Beds
1
Baths
812
Sq Ft
$400
Price/Sq Ft
0.00
Acres
1980
Year Built
134
Days on Market
Closed Listed Aug 28, 2024 • MLS# 73282554 Copied!

About this home

Downtown Salem: One bedroom, one bath condo in close proximity to shops, restaurants, commuter and downtown events. Garden style unit on the 2nd floor, 2 wall air-conditioners, open concept layout, lots of closet space, large livingroom/diningroom combination, large bedroom, in-unit laundry in bathroom, Unit needs carpet replacement window thermal seals have failed. Building amenities include welcoming foyer, elevator, exercise room, sauna, laundry and club room. Outdoor patio with bench seating to enjoy the outdoors. Assigned parking in space #60 and storage locker #2 are deeded with the condo. Condo fee includes the gas heat and hot water for the unit. One cat is allowed as a pet with condo board approval. Well maintained facilities consist of 10 Norman and 9 & 11 Barton Square.

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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
2

Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $325,000
Difference: $74,900 (-18.7%)
Performance Metrics
81.3%
List to Sale Ratio
Sold below asking price
134
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $492
Sale $/sq ft: $400
This property sold for $400 per square foot
Sale Summary

This property sold for 18.7% below the original asking price.

At 134 days on market, this property took longer than average to sell.

Nearby Sales Comparison

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

This Property
$400/sq ft
Area Average
$364/sq ft
Difference
+9.9%

This property sold slightly above the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 812 sq ft
Lot Size 0.0000
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Vinyl, Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Assigned, Guest, Paved
Total Spaces 1

Utilities

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

Financial

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

Interior Features

Flooring: Vinyl, Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Central, Baseboard, Natural Gas
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned, Guest, Paved

Location

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Neighborhood

10 Norman St # 203, 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 $341/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

7.1%
Price Range
100
Total Days on Market

Property Timeline

Sold
Jan 31, 2025
$325,000
Property sold
Days on Market: 100
🏠
Listed for Sale
Aug 28, 2024
$349,900
Original listing
Agent: Virginia Carson Office: Tache Real Estate, Inc.

Price & Status History

Date Event Price Change
Aug 28, 2024 New Listing Added $349,900

Market Statistics

Days on Market
134 days
Price per Sq Ft
$400

Tax History

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

Financial Details

Annual Property Tax
$3,483
Tax Year 2024
HOA Fee
$341
Monthly
Assessed Value
$299,700

Listing Information

Listing Office Tache Real Estate, Inc.
Agent MLS ID C2712712
Office MLS ID C86500
Listing Data Updated Feb 4, 2025 11:49 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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