12 School Street # 3, Salem MA 01970

Salem, MA 01970
$524,900
Est. $2,794/month
3
Beds
2
Baths
1,240
Sq Ft
$423
Price/Sq Ft
0.11
Acres
2015
Year Built
Condominium
Type
34
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73374843

About this home

Welcome Home to 12 School Street, Salem! This charming top level, 3-bedroom condo in Salem offers a comfortable & inviting living space. Built in 2015, enjoy this historic neighborhood with all the perks of a new construction home. Beautiful quiet setting, w/ an open kitchen, living room w/ fireplace. The kitchen features a gas range, stainless steel appliances, 1yr new dishwasher, nice cabinet storage & dining peninsula area. Primary bedroom has a 3/4 bathroom ensuite, 2 additional bedrooms & a full bathroom. There is also a small bonus space being used as an office setup. 2014 Built. This condo has central air, gas heat, in-unit laundry, smart locks, private storage, 2 parking spots, a prime location & a low 150.00 HOA. 0.6 mile walk & 4 min drive to Salem Train & Bus Station. Not to be missed.

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $524,900
Difference: $75,000 (-12.5%)
Performance Metrics
87.5%
List to Sale Ratio
Sold below asking price
34
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $484
Sale $/sq ft: $423
This property sold for $423 per square foot
Sale Summary

This property sold for 12.5% below the original asking price.

The property spent 34 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2015
Bedrooms
3
Full Bathrooms
2
Living Area
1,240 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Interior Features

Flooring
Flooring - Wall to Wall Carpet
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Sitting Room
Laundry Features
First Floor
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch
Patio/Porch Features
Porch
Fencing
Security
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,922 sq ft
Lot Size Area
0.1100

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility
HOA Fee
$150
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,994
Tax Year
2025
Tax Assessed Value
$528,600
Parcel Number
4973500
Zoning
X

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
Yes
Disclosures
subject to the seller finding suitable housing. TONS of storage!! Dogs allowed.

Location

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Neighborhood

12 School Street # 3, 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 $500
Homeowners Insurance $200
HOA Fee $150
PMI $0

Property History

Market Insights

35
Total Days on Market

Property Timeline

Sold
Aug 18, 2025
$524,900
Property sold
Days on Market: 35
🏠
Listed for Sale
May 14, 2025
$524,900
Original listing
Agent: Katie DiVirgilio Office: RE/MAX 360

Price & Status History

Date Event Price Change
May 14, 2025 New Listing Added $524,900

Market Statistics

Days on Market
34 days
Price per Sq Ft
$423

Tax History

Year Taxes Assessment
2025 $5,994 $528,600

Financial Details

Annual Property Tax
$5,994
Tax Year 2025
HOA Fee
$150
Monthly
Assessed Value
$528,600

Listing Information

Listing Agent Katie DiVirgilio
Listing Office RE/MAX 360
Agent MLS ID CT004105
Office MLS ID AN8814

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