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24 Lemon Street # 2, Salem MA 01970

Salem, MA 01970
$515,000
Est. $3,766/month
2
Beds
2
Baths
1,105
Sq Ft
$466
Price/Sq Ft
1800
Year Built
20
Days on Market
Closed Listed Jun 25, 2025 • MLS# 73396191 Copied!

About this home

This sophisticated residence redefines modern living with views above the North River. The sleek, modern kitchen flows seamlessly into an elegant living space, setting the stage for everyday comfort & refined entertaining. Your private sanctuary features a spa-inspired primary bath w/ heated towel racks, 2 generous bedrooms & 2 sleek bathrooms. Enjoy your expansive private deck, perfectly positioned to capture nature’s daily show. Live the downtown Salem lifestyle you’ve imagined—where morning coffee runs and evening dining adventures are just steps from your door. This ideally located home includes dedicated 2-car parking plus a guest spot, easy access to Routes 114 & 95, and convenient commuting options for a car-free lifestyle.Whether you're sipping coffee while watching boats drift by on the North River or exploring Salem’s vibrant cultural scene, this residence offers a perfect balance of sophisticated comfort and urban convenience. Welcome to elevated living in historic Salem.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1800
Bedrooms
2
Full Bathrooms
2
Living Area
1,105 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $524,900
Final Sale Price: $515,000
Difference: $9,900 (-1.9%)
Performance Metrics
98.1%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $475
Sale $/sq ft: $466
This property sold for $466 per square foot
Sale Summary

This property sold for 1.9% below the original asking price.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$466/sq ft
Area Average
$335/sq ft
Difference
+39.2%

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 1800
Living Area 1,105 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Bamboo
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Flooring - Stone/ceramic Tile, Third Floor, In Unit, Electric Dryer Hookup
Features Office

Exterior

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

Parking

Features Off Street, Tandem, Deeded
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer

Financial

Annual Tax $7,436
Assessed Value $655,700

Interior Features

Flooring: Wood, Tile, Bamboo
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Office
Windows:
Basement: Y
Laundry: Flooring - Stone/Ceramic Tile, Third Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1800
Effective Year (Renovated): 2024
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem, Deeded

Location

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Neighborhood

24 Lemon Street # 2, 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 $620
Homeowners Insurance $200
HOA Fee $343/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

1.9%
Price Range
21
Total Days on Market

Property Timeline

Sold
Aug 26, 2025
$515,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Jun 25, 2025
$524,900
Original listing
Agent: The Mary Scimemi Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Jun 25, 2025 New Listing Added $524,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$466

Tax History

Year Taxes Assessment
2025 $7,436 $655,700

Financial Details

Annual Property Tax
$7,436
Tax Year 2025
HOA Fee
$343
Monthly
Assessed Value
$655,700

Listing Information

Listing Agent The Mary Scimemi Team
Listing Office Leading Edge Real Estate
Agent MLS ID TM325754
Office MLS ID AN4646
Listing Data Updated Aug 27, 2025 11:35 AM EDT
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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