1100 Salem Street # 74, Lynnfield MA 01940

Lynnfield, MA 01940
$621,000
3
Beds
2
Baths
1,501
Sq Ft
$414
Price/Sq Ft
1983
Year Built
2
Parking
4
Days on Market
Sold Listed Aug 23, 2024 • MLS# 73281164 Copied! • Updated Oct 15, 2024

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Sale Statistics

Sale Overview
Original List Price: $549,900
Final Sale Price: $621,000
Difference: +$71,100 (+12.9%)
Performance Metrics
112.9%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $366
Sale $/sq ft: $414
This property sold for $414 per square foot
Sale Summary

This property sold for 12.9% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$414/sq ft
Area Median
$414/sq ft
Difference
+0.1%

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

About this home

Gorgeous 3 bedroom condo at desirable Cedar Pond Village. Rarely available first floor unit with open floor plan and new sliders leading to a private patio offering a view of scenic wooded green space. This home is filled with natural light throughout, and has been completely renovated, with new flooring, paint and recessed lighting. The new kitchen with white cabinets, quartz countertops, stainless appliances and breakfast nook opens to the living and dining room space. The oversized primary bedroom has an attached bathroom with an spacious shower. Both bathrooms have been recently glazed. Two more bedrooms are generously sized, and all have large closets. New water heater in 2020, heating system and updated laundry room in 2024. Some new windows . All the amenities of luxury living include a clubhouse with new gym, swimming pool, tennis courts, playground and walking paths. This quiet community is convenient to Rtes 1 & 95, Shopping & Restaurants. OFFERS DUE TUES, AUG 27, 12NOON

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Recently Sold Nearby

Property History

Market Insights

11.4%
Price Range
5
Total Days on Market

Property Timeline

✓
Sold
Oct 8, 2024
$621,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Aug 23, 2024
$549,900
Original listing
Agent: Linda Vallis Office: William Raveis R.E. & Home Services

Tax History

Year Taxes Assessment
2024 $4,168 $457,000

Financial Details

Annual Property Tax
$4,168
Tax Year 2024
HOA Fee
$653
Monthly
Assessed Value
$457,000

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1983
Living Area 1,501 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Central, Forced Air, Heat Pump, Electric
Cooling Central Air
Flooring Tile, Carpet, Laminate
Appliances Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Cooktop, Range, Oven
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Patio, Covered Patio/deck, Storage, Garden, Professional Landscaping, Sprinkler System, Tennis Court(s)
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Porch, Patio, Covered
Has Garage Yes
Features Carport, Storage, Deeded, Assigned, Common, Off Street, Guest, Driveway, Paved
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer
Annual Tax $4,168
Assessed Value $457,000

HOA & Community

HOA Fee $653 Monthly
Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Pool, Tennis Court(s), Playground, Recreation Facilities, Fitness Center, Sauna/steam, Clubroom, Trail(s), Storage, Garden Area, Clubhouse
Optional Fee Includes None
Seller Disclosures Note: Offer Deadline Tuesday, August 27th At 12noon. Property Entrance Is In Lynnfield, But Condo Units Are In Peabody. Taxes And Utilities Are Issued By City Of Peabody. School District Is Peabody.
Exclusions Washer And Dryer May Be Negotiable
Possession None
Accepted Financing Contract
Structure Type ["Garden"]
Unit/Building 74
Sq Ft Source Public Record
Sq Ft Disclosures Room measurements are approximate.
Documents Master Deed, Rules & Regs, Master Plan, Association Financial Statements, Certificate Of Insurance (5)
County Essex
Total market time (incl. prior listings) 5 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1983
Bedrooms
3
Full Bathrooms
2
Living Area
1,501 sq ft
Total Rooms
6
Stories
1
Entry Level
1
Main Level Bedrooms
3

Floor Layout

Interior Features

Flooring: Tile, Carpet, Laminate
Appliances: Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Cooktop, Range, Oven
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit, Electric Dryer Hookup
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 1983
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Patio, Covered Patio/Deck, Storage, Garden, Professional Landscaping, Sprinkler System, Tennis Court(s)
Patio & Porch: Porch, Patio, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Carport, Storage, Deeded, Assigned, Common, Off Street, Guest, Driveway, Paved
School District
Lynnfield School District local
A
✓ School Safety 2024-25
0.3% Low
0.2% Suspensions 0.1% Emergency
↓ 5.2% below state avg
E

Elementary Schools

3 schools
C+
Capt. William G. Shoemaker Elementary School
0.6 mi | #546 of 825 | Score: 43.3
Improved 6 spots from last year
-15 below state avg
363 students Diverse
Diverse Student Body
Grades PK-05
Our Lady of the Assumption School
0.9 mi
Grades PK-08
B-
Lynn Woods School
1.5 mi | #472 of 825 | Score: 45.4
Improved 41 spots from last year
-12.8 below state avg
172 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
C+
Pickering Middle School
2.4 mi | #229 of 352 | Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students Diverse
Rising School
Grades 06-08
C+
J. Henry Higgins Middle School
2.6 mi | #235 of 352 | Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students Diverse
Grades 06-08
H

High Schools

3 schools
Bridgewell Program
0.7 mi
Grades 09-12
C
Peabody Veterans Memorial High School
2.3 mi | #259 of 346 | Score: 46.4
Same rank as last year
-11.8 below state avg
1,234 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
A
Lynnfield High School
2.8 mi | #56 of 346 | Score: 66.4
Dropped 35 spots from last year
+8.2 above state avg
582 students Moderate
18 sports • 1,490 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

1100 Salem Street # 74, Lynnfield MA 01940

Lynnfield, MA 01940

Listing Information

Agent MLS ID CN203123
Office MLS ID AN4919
Listing Data Updated Oct 15, 2024 1:47 PM 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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