Experience Luxurious Living in this well-appointed 2 Bed, 2 Bath Penthouse Unit offering picturesque water views of Collins Cove. Key features include a State-of-the-Art Kitchen outfitted with stainless appliances and Quartz countertops, ideal for any home chef. Spacious and bright open floor plan with high ceilings, custom built-ins, gas fireplace, hardwood floors, office nook perfect for remote work or study, and bathrooms with high end finishes for a spa-like experience. A comprehensive renovation in 2019 include a rubber roof and Hardie Board siding for long-lasting durability. Spacious storage area in the basement and two deeded off street parking spots. Close to the commuter rail for easy access to Boston, the scenic waterfront, and vibrant downtown Salem. Don’t miss the opportunity to make this stunning penthouse your new home, where luxury meets convenience and breathtaking views await. Respectfully, no Escalation clauses and no Love Letters.
Sale Statistics
Sale Overview
Original List Price:$699,900
Final Sale Price:$718,250
Difference:
+$18,350 (+2.6%)
Performance Metrics
102.6%
List to Sale Ratio
Sold above asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$414
Sale $/sq ft:$425
This property sold for $425 per square foot
Sale Summary
This property sold for 2.6% above the original asking price, indicating strong buyer demand.
With only 23 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
1920
Bedrooms
2
Full Bathrooms
2
Living Area
1,690 sq ft
Total Rooms
5
Stories
3
Entry Level
3
Interior Features
Flooring
Tile, Hardwood, Flooring - Hardwood
Heating
Central, 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, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
Interior Features
Closet, Recessed Lighting, Office
Laundry Features
Bathroom - Full, Flooring - Stone/Ceramic Tile, Third Floor, In Unit
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors
Accessibility Features
No
Exterior & Structure
Construction Materials
Frame
Roof
Rubber
Exterior Features
Deck - Composite, Patio, Professional Landscaping
Patio/Porch Features
Deck - Composite, Patio
Has Spa
No
Waterfront Features
Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.17 acres
Lot Size
7,593 sq ft
Lot Size Area
0.1700
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Deeded, Paved
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Marina, Private School, Public School, T-Station, University
HOA Fee
$400
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,605
Tax Year
2024
Tax Assessed Value
$654,500
Tax Block
0462
Tax Map Number
36
Parcel Number
M:36 L:0462 S:803,5075358
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Building Name
The Cove At Spring Condominium
Common Walls
No One Above
Attached Property
No
Disclosures
Measurements are approximate.
Exclusions
Inclusion/Exclusion List To Be Provided.
Location
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Neighborhood
13 Spring St # 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$634
Homeowners Insurance$200
HOA Fee$400
PMI$0
Property History
Market Insights
2.6%
Price Range
24
Total Days on Market
Property Timeline
✓
Sold
Jul 12, 2024
$718,250
Property sold
Days on Market: 24
🏠
Listed for Sale
May 17, 2024
$699,900
Original listing
Agent: Joyce SullivanOffice: Keller Williams Realty Evolution