20 Loring Avenue # 2, Salem MA 01970

Salem, MA 01970
$380,000
Est. $2,023/month
2
Beds
1
Baths
768
Sq Ft
$495
Price/Sq Ft
1900
Year Built
Condominium
Type
37
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73281217

About this home

New price for a beautiful condominium! Open House Saturday, September 14th, 11:00 to 12:30 pm. Home exterior is newly painted with new front porch and stairs. For interior, condo is newly painted with new kitchen appliances, countertops and backsplash. There is a nice private side entrance to the unit, with new side stairs and screen door. The bathroom is remodeled with glazed tile walls and tub, and a new vanity and mirror cabinet. The sunroom is newly painted and offers privacy. The condo features beautiful hardwood floors with high ceilings in both the living room and primary bedroom. Unit includes a washing machine and dryer, with a new water heater, and additional storage in basement area. There is a deeded parking space. Great location across from Salem State University and near downtown Salem, with access to public transportation, shopping, and restaurants. Great opportunity and great price with all Salem has to offer!

Sale Statistics

Sale Overview
Original List Price: $405,000
Final Sale Price: $380,000
Difference: $25,000 (-6.2%)
Performance Metrics
93.8%
List to Sale Ratio
Sold below asking price
37
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $527
Sale $/sq ft: $495
This property sold for $495 per square foot
Sale Summary

This property sold for 6.2% below the original asking price.

The property spent 37 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
768 sq ft
Total Rooms
4
Stories
3
Entry Level
1

Interior Features

Flooring
Wood, Tile, Vinyl, Hardwood
Heating
Hot Water
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator, Washer, Dryer
Interior Features
Sun Room
Laundry Features
In Basement
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Has Spa
No
Waterfront Features
3/10 to 1/2 Mile To Beach
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Walk/Jog Trails, Public School, University
HOA Fee
$210
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,788
Tax Year
2024
Tax Assessed Value
$370,000
Parcel Number
4421178
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Exclusions
The Furniture In The Home Is For Staging Purposes Only And Are Not Included As Part Of The Sale.

Location

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Neighborhood

20 Loring Avenue # 2, 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 $316
Homeowners Insurance $200
HOA Fee $210
PMI $0

Property History

Market Insights

1.3%
Price Range
38
Total Days on Market

Property Timeline

Sold
Oct 16, 2024
$380,000
Property sold
Days on Market: 38
🏠
Listed for Sale
Aug 23, 2024
$385,000
Original listing
Agent: Colleen Duran Office: Colleen M. Duran, Real Estate Broker

Price & Status History

Date Event Price Change
Aug 23, 2024 New Listing Added $385,000

Market Statistics

Days on Market
37 days
Price per Sq Ft
$495

Tax History

Year Taxes Assessment
2024 $3,788 $370,000

Financial Details

Annual Property Tax
$3,788
Tax Year 2024
HOA Fee
$210
Monthly
Assessed Value
$370,000

Listing Information

Listing Agent Colleen Duran
Listing Office Colleen M. Duran, Real Estate Broker
Agent MLS ID CN216060
Office MLS ID AN6017

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