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2 Russell Dr # 2D, Salem MA 01970

Salem, MA 01970
$490,000
Est. $3,519/month
2
Beds
1.5
Baths
1,655
Sq Ft
$296
Price/Sq Ft
1980
Year Built
25
Days on Market
Closed Listed Feb 26, 2025 • MLS# 73338768 Copied!

About this home

Step into comfort and convenience at this beautifully maintained pet friendly condo in Salem, MA! This bright and inviting unit offers a spacious layout with stylish flooring and plenty of natural light. The dining area provides a welcoming space for relaxation and entertaining. The kitchen features modern appliances, ample cabinetry, and great counter space for preparing meals with ease. The generously sized bedroom offers a peaceful retreat, complemented by a well-appointed bathroom. Enjoy the added convenience of in-unit laundry and extra storage. This professionally managed and well run community has an in-ground pool, clubhouse, tennis and basketball courts. Located near shopping, dining, and local attractions, with easy access to major routes, this home is perfect for those looking to experience all that Salem has to offer. Don’t miss this fantastic opportunity!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,655 sq ft
Total Rooms
5
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $490,000
Difference: $9,900 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $302
Sale $/sq ft: $296
This property sold for $296 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$296/sq ft
Area Average
$382/sq ft
Difference
22.6%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,655 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring None
Appliances Range, Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Vacuum System, Oven, Other
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool Association
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,662
Assessed Value $411,100

Interior Features

Flooring:
Appliances: Range, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Vacuum System, Oven, Other
Interior Features:
Windows:
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor
Security:

Construction & Materials

Year Built: 1980
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School

Location

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Neighborhood

2 Russell Dr # 2D, 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 $389
Homeowners Insurance $200
HOA Fee $453/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
26
Total Days on Market

Property Timeline

Sold
Apr 28, 2025
$490,000
Property sold
Days on Market: 26
🏠
Listed for Sale
Feb 26, 2025
$499,900
Original listing
Agent: John Koulalis Office: Redfin Corp.

Price & Status History

Date Event Price Change
Feb 26, 2025 New Listing Added $499,900

Market Statistics

Days on Market
25 days
Price per Sq Ft
$296

Tax History

Year Taxes Assessment
2025 $4,662 $411,100

Financial Details

Annual Property Tax
$4,662
Tax Year 2025
HOA Fee
$453
Monthly
Assessed Value
$411,100

Listing Information

Listing Agent John Koulalis
Listing Office Redfin Corp.
Agent MLS ID CN232659
Office MLS ID NB3534
Listing Data Updated Apr 28, 2025 12:21 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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