Welcome to one of Salem’s most desirable neighborhoods located steps to the Salem Commons, Pickering Wharf and downtown Salem! This well-maintained 2 bedroom has an abundance of historic charm and high ceilings. This condo features an enclosed porch perfect for sipping coffee, hardwood floors, a spacious kitchen with attached pantry and living/dining rooms. Other amenities include 2 parking spaces and a beautifully manicured shared stone patio. Additional storage and private laundry are located in the basement. The close proximity to the Boston ferry and commuter rail station make this a true commuter’s dream. Come see why Salem is a vibrant community of thriving shops, arts & culture, dining & entertainment and history!
Sale Statistics
Sale Overview
Original List Price:$399,000
Final Sale Price:$450,000
Difference:
+$51,000 (+12.8%)
Performance Metrics
112.8%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$420
Sale $/sq ft:$474
This property sold for $474 per square foot
Sale Summary
This property sold for 12.8% above the original asking price, indicating strong buyer demand.
With only 18 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
1885
Bedrooms
2
Full Bathrooms
1
Living Area
950 sq ft
Total Rooms
5
Stories
1
Entry Level
1
Interior Features
Flooring
Hardwood
Heating
Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry Features
In Building
Basement Details
Y
Exterior & Structure
Roof
Shingle
Exterior Features
Porch - Enclosed, Patio
Patio/Porch Features
Enclosed, Patio
Has Spa
No
Waterfront Features
Harbor, 1/10 to 3/10 To Beach
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Assigned
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, University
HOA Fee
$200
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$9,999
Tax Year
2023
Tax Assessed Value
$648,600
Parcel Number
2136961
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
1) New condo conversion. Assessed value and taxes to change once the city re-assesses the property. 2) Condo fee is an estimate, condo budget still in progress.
