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17 North # 5, Salem MA 01970

Salem, MA 01970
$711,000
Est. $4,739/month
2
Beds
2.5
Baths
1,763
Sq Ft
$403
Price/Sq Ft
1900
Year Built
14
Days on Market
Closed Listed Dec 19, 2024 • MLS# 73320788 Copied!

About this home

Don't miss this awesome opportunity in one of the hottest markets in the area! Start the New Year in your beautiful duplex condominium, perfectly located in downtown Salem within minutes of all the shops, restaurants and unique cultural venues. A bright, ample foyer leads you into a beautiful open concept with super high ceilings and warm bamboo flooring. The large kitchen has wood cabinetry, great counter space and a granite island with seating for 5. The Living/Dining area is surrounded by gorgeous, extra tall windows allowing sunlight to stream in and charming city views, and a half bath is located off this space. There are 2 expansive bedroom suites, one on the main level and one upstairs, both with bathrooms and walk-in closets. Upstairs also features a Laundry room and Office nook with window. A large exclusive Storage room, Deeded Parking and Pet Friendly, well managed HOA complete this offering. Minutes to the commuter rail. Immerse yourself in this vibrant & lively city!!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,763 sq ft
Total Rooms
7
Stories
2
Entry Level
3
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $697,000
Final Sale Price: $711,000
Difference: +$14,000 (+2.0%)
Performance Metrics
102.0%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $395
Sale $/sq ft: $403
This property sold for $403 per square foot
Sale Summary

This property sold for 2.0% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 21 similar properties sold within 0.5 miles in the last 90 days

This Property
$403/sq ft
Area Average
$342/sq ft
Difference
+17.8%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,763 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Central, Natural Gas
Cooling Central Air
Flooring Bamboo, Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Plumbed For Ice Maker
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, Fourth Floor, In Unit
Features Lighting - Pendant, Storage, Entrance Foyer, High Speed Internet

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Oven, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $7,367
Assessed Value $634,000

Interior Features

Flooring: Bamboo, Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Plumbed For Ice Maker
Interior Features: Lighting - Pendant, Storage, Entrance Foyer, High Speed Internet
Windows: Window(s) - Picture, Insulated Windows
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, Fourth Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2010
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Location

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Neighborhood

17 North # 5, 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 $614
Homeowners Insurance $200
HOA Fee $330/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

2%
Price Range
18
Total Days on Market

Property Timeline

Sold
Jan 30, 2025
$711,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Dec 19, 2024
$697,000
Original listing
Agent: Alli Allmendinger Office: Churchill Properties

Price & Status History

Date Event Price Change
Dec 19, 2024 New Listing Added $697,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$403

Tax History

Year Taxes Assessment
2024 $7,367 $634,000

Financial Details

Annual Property Tax
$7,367
Tax Year 2024
HOA Fee
$330
Monthly
Assessed Value
$634,000

Listing Information

Listing Office Churchill Properties
Agent MLS ID CN216966
Office MLS ID AN7537
Listing Data Updated Feb 1, 2025 7:02 PM EST
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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