10 Norman Street # 402, Salem MA 01970

Salem, MA 01970
$417,500
Est. $2,222/month
2
Beds
2
Baths
1,064
Sq Ft
$392
Price/Sq Ft
1980
Year Built
Condominium
Type
49
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73306185

About this home

Unique opportunity to live in the heart of downtown Salem! Within 5 minutes you can walk to the cafes, restaurants, shops and museums as well as the Commuter Rail Station or Salem Ferry. This two bedroom two bath unit is situated away from the street and has an open living concept between the living room, dining area and kitchen. It has an in-unit washer/dryer. Other amenities include an elevator, exercise room and use of the Heritage Room. The condo fee includes heat and hot water. One car deeded parking plus generous guest parking. The unit was recently painted and has new carpeting in the living room, dining area and guest bedroom. The pet policy allows for one cat subject to approval of the Trustees. As two bedroom units seldom come up for sale at Heritage Plaza, you may want to make an appointment to see it soon.

Sale Statistics

Sale Overview
Original List Price: $439,000
Final Sale Price: $417,500
Difference: $21,500 (-4.9%)
Performance Metrics
95.1%
List to Sale Ratio
Sold below asking price
49
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $413
Sale $/sq ft: $392
This property sold for $392 per square foot
Sale Summary

This property sold for 4.9% below the original asking price.

The property spent 49 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,064 sq ft
Total Rooms
4
Stories
1
Entry Level
4

Interior Features

Flooring
Vinyl, Carpet
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Wall Unit(s), Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Laundry Features
Fourth Floor, In Unit, Electric Dryer Hookup
Basement Details
Y
Window Features
Insulated Windows
Accessibility Features
Accessible Entrance

Exterior & Structure

Construction Materials
Brick
Roof
Tar/Gravel
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Guest, Paved

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping, Highway Access, T-Station
HOA Fee
$438
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s), Clubhouse
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,169
Tax Year
2024
Tax Assessed Value
$358,800
Tax Lot
826
Tax Block
0011
Tax Map Number
35
Parcel Number
2136103
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Heritage Plaza Condominium
Common Walls
2+ Common Walls
Attached Property
Yes
Disclosures
Seller prefers an Installment Sale and a closing in January 2025. Condominium documents restricts pets to one cat per unit.
Listing Terms
Other (See Remarks)

Location

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Neighborhood

10 Norman Street # 402, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Middle School
Collins
Rating information coming soon
High School
Salem
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $347
Homeowners Insurance $200
HOA Fee $438
PMI $0

Property History

Market Insights

4.9%
Price Range
51
Total Days on Market

Property Timeline

Sold
Jan 10, 2025
$417,500
Property sold
Days on Market: 51
🏠
Listed for Sale
Oct 24, 2024
$439,000
Original listing
Agent: Daniel Devan Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Oct 24, 2024 New Listing Added $439,000

Market Statistics

Days on Market
49 days
Price per Sq Ft
$392

Tax History

Year Taxes Assessment
2024 $4,169 $358,800

Financial Details

Annual Property Tax
$4,169
Tax Year 2024
HOA Fee
$438
Monthly
Assessed Value
$358,800

Listing Information

Listing Agent Daniel Devan
Listing Office Gibson Sotheby's International Realty
Agent MLS ID C8363217
Office MLS ID AN6133

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