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18 Ropes Street # 1L, Salem MA 01970

Salem, MA 01970
$305,000
Est. $1,623/month
2
Beds
1
Baths
742
Sq Ft
$411
Price/Sq Ft
0.11
Acres
1915
Year Built
Condominium
Type
55
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73369541

About this home

Welcome to this inviting 2-bedroom, 1-bathroom condo ideally situated in the heart of downtown Salem! Just a mile from Salem State University, this home offers the perfect blend of comfort and convenience. A spacious bedroom is bathed in natural light from the large windows and features beautiful hardwood floors that flow seamlessly into the dining area. The kitchen is well-appointed with sleek stainless steel appliances and a convenient pantry for extra storage. The primary bedroom is generously sized, and the full bathroom offers modern finishes. Enjoy all that vibrant Salem has to offer—restaurants, shops, parks, and public transit just moments from your door!

Sale Statistics

Sale Overview
Original List Price: $330,000
Final Sale Price: $305,000
Difference: $25,000 (-7.6%)
Performance Metrics
92.4%
List to Sale Ratio
Sold below asking price
55
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $445
Sale $/sq ft: $411
This property sold for $411 per square foot
Sale Summary

This property sold for 7.6% below the original asking price.

The property spent 55 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1915
Bedrooms
2
Full Bathrooms
1
Living Area
742 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Interior Features

Flooring
Tile, Hardwood
Heating
Baseboard, Steam, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Disposal, Refrigerator
Laundry Features
Dryer Hookup - Dual, Washer Hookup, In Basement, Common Area, In Building
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors
Accessibility Features
No

Exterior & Structure

Construction Materials
Conventional (2x4-2x6)
Roof
Shingle
Exterior Features
Porch, Rain Gutters
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,761 sq ft
Lot Size Area
0.1100

Parking & Garage

Has Garage
No
Parking Features
On Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, University
HOA Fee
$340
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Laundry
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,227
Tax Year
2025
Tax Assessed Value
$284,600
Tax Lot
801
Tax Block
0291
Tax Map Number
34
Parcel Number
M:34 L:0291 S:801,4449163
Zoning
R3

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Common Walls
No One Below
Disclosures
Buyers and buyers agents to perform due diligence. Some photos may be virtually enhanced. Street permit parking only. Public record states 2 bedrooms, the second bedroom is currently being used as a living room.

Location

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Neighborhood

18 Ropes Street # 1L, 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 $269
Homeowners Insurance $200
HOA Fee $340
PMI $0

Property History

Market Insights

3.2%
Price Range
56
Total Days on Market

Property Timeline

✓
Sold
Jul 31, 2025
$305,000
Property sold
Days on Market: 56
🏠
Listed for Sale
May 5, 2025
$315,000
Original listing
Agent: Cristina Coppola Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
May 5, 2025 New Listing Added $315,000 —

Market Statistics

Days on Market
55 days
Price per Sq Ft
$411

Tax History

Year Taxes Assessment
2025 $3,227 $284,600

Financial Details

Annual Property Tax
$3,227
Tax Year 2025
HOA Fee
$340
Monthly
Assessed Value
$284,600

Listing Information

Listing Agent Cristina Coppola
Listing Office Lamacchia Realty, Inc.
Agent MLS ID CN239233
Office MLS ID AN5825

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