Just move in to this attractive one bedroom condo situated on an upper floor of the Essex Condominium, centrally located in downtown Salem close to shopping, restaurants, and the Commuter Rail. The stainless steel appliances were purchased in 2019. Washer and dryer in the unit Some of the amenities include an elevator, indoor pool, exercise room, club room and extra storage. Seller loves living in this building so much that they are moving into a bigger unit to accomodate their growing family. A Do Not Miss!
Sale Statistics
Sale Overview
Original List Price:$339,900
Final Sale Price:$385,000
Difference:
+$45,100 (+13.3%)
Performance Metrics
113.3%
List to Sale Ratio
Sold above asking price
1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$538
Sale $/sq ft:$609
This property sold for $609 per square foot
Sale Summary
This property sold for 13.3% above the original asking price, indicating strong buyer demand.
With only 1 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1990
Bedrooms
1
Full Bathrooms
1
Living Area
632 sq ft
Total Rooms
3
Stories
1
Entry Level
5
Interior Features
Flooring
Tile, Engineered Hardwood
Heating
Central, Unit Control
Has Heating
Yes
Cooling
Central Air, Individual, Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Laundry Features
First Floor, In Unit
Basement Details
N
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Roof
Shingle
Exterior Features
Garden, Professional Landscaping
Has Spa
No
Pool Features
Association, In Ground, Indoor
Waterfront Features
Harbor, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Parking Features
Attached, Common, Off Street
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Electric Range, for Electric Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Medical Facility, Public School, T-Station, University
HOA Fee
$595
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Elevator(s), Recreation Facilities, Fitness Center, Clubroom, Storage
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,420
Tax Year
2024
Tax Assessed Value
$292,400
Parcel Number
2136448
Zoning
R
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
The Essex
Attached Property
Yes
Disclosures
Appliances left as gifts. Buyer is required to pay $500.00 yearly for a parking spot in the garage (even if you don't have a car). Price for seniors (over 65) is $200.00 yearly. Second spot is $700.00 yearly.
Location
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Neighborhood
11 Church Street # 518, 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$285
Homeowners Insurance$200
HOA Fee$595
PMI$0
Property History
Market Insights
11.7%
Price Range
2
Total Days on Market
Property Timeline
✓
Sold
Jun 28, 2024
$385,000
Property sold
Days on Market: 2
🏠
Listed for Sale
May 6, 2024
$339,900
Original listing
Agent: Karen DiRoccoOffice: Keller Williams Realty Evolution
