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11 Church St # 707, Salem MA 01970

Salem, MA 01970
$440,000
Est. $3,555/month
2
Beds
2
Baths
835
Sq Ft
$527
Price/Sq Ft
1990
Year Built
13
Days on Market
Closed Listed May 28, 2024 • MLS# 73243105 Copied!

About this home

If you have been waiting for a top floor corner unit, then this is the unit for you. This lovingly maintained unit is bathed in natural light. The unit boasts a tastefully updated open-concept kitchen and living area, two full baths, and in-unit laundry with the washer and dryer included as gifts. The living room has cathedral ceilings and lovely views of Salem. The kitchen features stainless steel appliances with lots of cabinets for all your gourmet essentials. The main bedroom features a generous sized closet and main bath. This unit has all the space, location and style you want in urban-suburban living. You will have covered garage parking at the Museum Garage, which is next to the building. Nestled in the heart of historic Salem, it’s conveniently close to the MBTA station, fine dining and trendy shops. All of this with easy access to Route 95. The Essex offers luxurious yet affordable North Shore living, featuring an indoor pool, exercise room and green space.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1990
Bedrooms
2
Full Bathrooms
2
Living Area
835 sq ft
Total Rooms
4
Stories
1
Entry Level
7

Sale Statistics

Sale Overview
Original List Price: $460,000
Final Sale Price: $440,000
Difference: $20,000 (-4.3%)
Performance Metrics
95.7%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $551
Sale $/sq ft: $527
This property sold for $527 per square foot
Sale Summary

This property sold for 4.3% below the original asking price.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$527/sq ft
Area Average
$344/sq ft
Difference
+53.4%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1990
Living Area 835 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Individual
Cooling Central Air, Individual
Flooring Tile, Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Internet Available - Unknown

Exterior

Construction Brick
Architecture None
Roof Shingle
Features Garden, Professional Landscaping
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Common
Total Spaces 1

Utilities

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

Financial

Annual Tax $4,557
Assessed Value $392,200

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Unknown
Windows: Insulated Windows
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom, Security System

Construction & Materials

Year Built: 1990
Structure Type: Garden
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Individual
Heating Zones: 2
Cooling: Central Air, Individual
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Garden, Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Common

Location

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Neighborhood

11 Church St # 707, 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 $380
Homeowners Insurance $200
HOA Fee $750/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

4.3%
Price Range
14
Total Days on Market

Property Timeline

Sold
Aug 29, 2024
$440,000
Property sold
Days on Market: 14
🏠
Listed for Sale
May 28, 2024
$460,000
Original listing
Agent: Tina Crowley Office: Compass

Price & Status History

Date Event Price Change
May 28, 2024 New Listing Added $460,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$527

Tax History

Year Taxes Assessment
2024 $4,557 $392,200

Financial Details

Annual Property Tax
$4,557
Tax Year 2024
HOA Fee
$750
Monthly
Assessed Value
$392,200

Listing Information

Listing Agent Tina Crowley
Listing Office Compass
Agent MLS ID CT009656
Office MLS ID AN2383
Listing Data Updated Aug 30, 2024 7:23 AM EDT
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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