12 Summit Avenue # 1, Salem MA 01970

Salem, MA 01970 • South Salem
$480,000
Est. $2,555/month
2
Beds
1
Baths
1,170
Sq Ft
$410
Price/Sq Ft
1890
Year Built
Condominium
Type
26
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73393022

About this home

A few blocks from Forest River Park, this spacious single-level two-bedroom condominium is a true surprise when you enter. You are greeted by an open layout, high ceilings, large windows, and a huge kitchen! Hardwood floors, stainless appliances, and plenty of counter and cabinet space plus a mudroom/laundry room make this space perfect for real life and entertaining! The primary bedroom has a large walk-in closet and is located adjacent to the full bathroom. The second bedroom also features two good-sized closets. Enjoy garage parking, abundant storage in the basement, and private porch for afternoon sitting! Located close to downtown shops and dining, this home is in the middle of all the fun Salem has to offer!

Sale Statistics

Sale Overview
Original List Price: $484,900
Final Sale Price: $480,000
Difference: $4,900 (-1.0%)
Performance Metrics
99.0%
List to Sale Ratio
Sold below asking price
26
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $414
Sale $/sq ft: $410
This property sold for $410 per square foot
Sale Summary

This property sold for 1.0% below the original asking price.

With only 26 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
1890
Bedrooms
2
Full Bathrooms
1
Living Area
1,170 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Wood, Tile
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features
Mud Room
Laundry Features
First Floor, In Unit
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Roof
Slate
Exterior Features
Porch
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Parking Features
Detached
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Park
HOA Fee
$258
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,647
Tax Year
2025
Tax Assessed Value
$409,800
Tax Lot
801
Tax Block
0454
Tax Map Number
33
Parcel Number
33 0454 801,4587561
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
12 Summit Avenue Condominium
Disclosures
Pets upon approval. Seller has prepaid $1000 towards condo fees and pays $175 per month

Location

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Neighborhood

South Salem

12 Summit Avenue # 1, 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 $387
Homeowners Insurance $200
HOA Fee $258
PMI $0

Property History

Market Insights

1%
Price Range
28
Total Days on Market

Property Timeline

Sold
Aug 25, 2025
$480,000
Property sold
Days on Market: 28
🏠
Listed for Sale
Jun 18, 2025
$484,900
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
Jun 18, 2025 New Listing Added $484,900

Market Statistics

Days on Market
26 days
Price per Sq Ft
$410

Tax History

Year Taxes Assessment
2025 $4,647 $409,800

Financial Details

Annual Property Tax
$4,647
Tax Year 2025
HOA Fee
$258
Monthly
Assessed Value
$409,800

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279

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