15 Settlers Way # 15, Salem MA 01970

Salem, MA 01970
$873,000
Est. $4,646/month
3
Beds
2.5
Baths
1,818
Sq Ft
$480
Price/Sq Ft
1980
Year Built
Condominium
Type
8
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73311552

About this home

Welcome to your serene waterfront retreat! This beautifully updated townhouse in Collins Cove overlooks a tranquil inlet off Salem Harbor, offering picturesque views and a sense of calm. Chefs will love the updated Tuscan style kitchen with a mix of warm wood and glass cabinets and spacious dining area for guests or intimate meals. Enjoy sunrises and sunsets from your fire placed living room with sliders to your stunning wrap around deck. This home features a rare first-floor primary suite for easy living. Guests will enjoy two good sized bedrooms and a shared tiled bathroom. Access to your private beach and clubhouse are an entertainer's dream. Tucked away for peace and privacy, yet just moments from the lively atmosphere of Salem Willows and the charm of historic downtown Salem, this home offers the perfect blend of relaxation and convenience. Embrace a lifestyle where every day feels special in this exceptional property.

Sale Statistics

Sale Overview
Original List Price: $849,000
Final Sale Price: $873,000
Difference: +$24,000 (+2.8%)
Performance Metrics
102.8%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $467
Sale $/sq ft: $480
This property sold for $480 per square foot
Sale Summary

This property sold for 2.8% above the original asking price, indicating strong buyer demand.

With only 8 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
1980
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,818 sq ft
Total Rooms
6
Stories
2
Entry Level
1
Main Level Bedrooms
1

Interior Features

Flooring
Tile, Laminate, Marble, Hardwood
Heating
Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Laundry Features
Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Deck - Composite, Patio, Professional Landscaping
Patio/Porch Features
Deck - Composite, Patio
Has Spa
No
Waterfront Features
Waterfront, Harbor, Access, Direct Access, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Association)
Waterfront Property
Yes

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Assigned, Off Street
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area
HOA Fee
$935
HOA Fee Frequency
Monthly
Association Amenities
Clubroom, Beach Rights, Clubhouse
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,339
Tax Year
2024
Tax Assessed Value
$717,600
Parcel Number
2138177
Zoning
res

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Collins Cove
Common Walls
2+ Common Walls

Location

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Neighborhood

15 Settlers Way # 15, 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 $695
Homeowners Insurance $200
HOA Fee $935
PMI $0

Property History

Market Insights

2.7%
Price Range
9
Total Days on Market

Property Timeline

Sold
Dec 27, 2024
$873,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Nov 11, 2024
$849,000
Original listing
Agent: Shari McGuirk Office: Sagan Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Nov 11, 2024 New Listing Added $849,000

Market Statistics

Days on Market
8 days
Price per Sq Ft
$480

Tax History

Year Taxes Assessment
2024 $8,339 $717,600

Financial Details

Annual Property Tax
$8,339
Tax Year 2024
HOA Fee
$935
Monthly
Assessed Value
$717,600

Listing Information

Listing Agent Shari McGuirk
Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID C0003814
Office MLS ID AN4471

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