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15 Lynde St # 36, Salem MA 01970

Salem, MA 01970
$290,000
Est. $2,390/month
1
Beds
1
Baths
894
Sq Ft
$324
Price/Sq Ft
1900
Year Built
2
Days on Market
Closed Listed Jun 6, 2024 • MLS# 73248510 Copied!

About this home

Welcome to 15 Lynde Street, Unit 36! This beautiful top-floor corner condo overlooks the rooftops of downtown Salem. The spacious unit is filled with natural light, accentuating the stunning original maple floors and freshly painted walls. With nearly 9-foot ceilings, every room feels spacious and welcoming. The flexible floor plan allows for easy conversion into two bedrooms. Located in a prime area, this property is just moments away from public transportation, local shops, and Salem's vibrant cultural scene, making it a fantastic opportunity for an owner-occupant or investor.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
894 sq ft
Total Rooms
4
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $275,000
Final Sale Price: $290,000
Difference: +$15,000 (+5.5%)
Performance Metrics
105.5%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $308
Sale $/sq ft: $324
This property sold for $324 per square foot
Sale Summary

This property sold for 5.5% above the original asking price, indicating strong buyer demand.

With only 2 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 20 similar properties sold within 0.5 miles in the last 90 days

This Property
$324/sq ft
Area Average
$337/sq ft
Difference
3.9%

This property sold near the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 894 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric
Cooling Window Unit(s)
Flooring Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features Closet, Lighting - Overhead, Bonus Room

Exterior

Construction None
Architecture None
Roof None
Features Covered Patio/deck
Pool None
Spa None
Fencing None
Patio/Porch Covered

Parking

Features On Street, Common

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $3,198
Assessed Value $275,200

Interior Features

Flooring: Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Closet, Lighting - Overhead, Bonus Room
Windows:
Basement: Y
Laundry: In Basement, Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1900
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 5
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Covered Patio/Deck
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: On Street, Common

Location

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Neighborhood

15 Lynde St # 36, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $267
Homeowners Insurance $200
HOA Fee $457/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

5.2%
Price Range
3
Total Days on Market

Property Timeline

Sold
Aug 12, 2024
$290,000
Property sold
Days on Market: 3
🏠
Listed for Sale
Jun 6, 2024
$275,000
Original listing
Agent: Tyson Lynch Office: The Proper Nest Real Estate

Price & Status History

Date Event Price Change
Jun 6, 2024 New Listing Added $275,000

Market Statistics

Days on Market
2 days
Price per Sq Ft
$324

Tax History

Year Taxes Assessment
2024 $3,198 $275,200

Financial Details

Annual Property Tax
$3,198
Tax Year 2024
HOA Fee
$457
Monthly
Assessed Value
$275,200

Listing Information

Listing Office The Proper Nest Real Estate
Agent MLS ID CT005972
Office MLS ID AN7859
Listing Data Updated Aug 12, 2024 8:14 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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