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24 Norman St # 2, Salem MA 01970

Salem, MA 01970
$315,000
Est. $2,394/month
1
Beds
1
Baths
590
Sq Ft
$534
Price/Sq Ft
0.01
Acres
1980
Year Built
27
Days on Market
Closed Listed Mar 5, 2025 • MLS# 73341810 Copied!

About this home

Discover this charming condo in the heart of Historic and Vibrant Salem. Set in a distinguished brick building, this spacious 1-bedroom unit features high ceilings, abundant natural light, and wood laminate flooring throughout. The recently remodeled galley kitchen boasts updated cabinets, tiled backsplash, stainless steel appliances, and generous granite counter and cabinet space. The stylish bathroom is enhanced with beadboard wainscoting and custom tile flooring. The large bedroom offers excellent natural light and a roomy double closet. Recent updates also including fresh interior paint, updated appliances and mechanicals, all under 10 years old. Additional amenities include intercom entry, and in-building laundry. Ideally situated near trendy restaurants, boutique shopping, the train, ferry, Zipcars, and Salem’s very own attractions—including the renowned Peabody Essex Museum.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
1
Full Bathrooms
1
Living Area
590 sq ft
Total Rooms
3
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $299,000
Final Sale Price: $315,000
Difference: +$16,000 (+5.4%)
Performance Metrics
105.4%
List to Sale Ratio
Sold above asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $507
Sale $/sq ft: $534
This property sold for $534 per square foot
Sale Summary

This property sold for 5.4% above the original asking price, indicating strong buyer demand.

With only 27 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 21 similar properties sold within 0.5 miles in the last 90 days

This Property
$534/sq ft
Area Average
$381/sq ft
Difference
+40.0%

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 1980
Living Area 590 sq ft
Lot Size 0.01 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Forced Air, Electric
Cooling Central Air
Flooring Tile, Laminate
Appliances Range, Dishwasher, Refrigerator, Freezer
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction Frame, Brick, Stone
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven

Financial

Annual Tax $3,012
Assessed Value $265,600

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Refrigerator, Freezer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry:
Security: Intercom

Construction & Materials

Year Built: 1980
Structure Type: Garden
Exterior Materials: Frame, Brick, Stone
Roof:
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Forced Air, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Parking Features: Off Street

Location

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Neighborhood

24 Norman St # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

3 schools
B-
Saltonstall School
0.5 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
The Phoenix School
0.7 mi
Grades PK-08
B-
Carlton School
0.9 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
M

Middle Schools

2 schools
C+
Collins Middle School
0.6 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Village School
1.9 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

3 schools
B+
Salem Academy Charter School
0.6 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.2 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.6 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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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 $251
Homeowners Insurance $200
HOA Fee $350/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

5.1%
Price Range
28
Total Days on Market

Property Timeline

Sold
May 7, 2025
$315,000
Property sold
Days on Market: 28
🏠
Listed for Sale
Mar 5, 2025
$299,000
Original listing
Agent: Gabrielle Russo Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
Mar 5, 2025 New Listing Added $299,000

Market Statistics

Days on Market
27 days
Price per Sq Ft
$534

Tax History

Year Taxes Assessment
2025 $3,012 $265,600

Financial Details

Annual Property Tax
$3,012
Tax Year 2025
HOA Fee
$350
Monthly
Assessed Value
$265,600

Listing Information

Listing Agent Gabrielle Russo
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID CN235046
Office MLS ID AN6192
Listing Data Updated May 7, 2025 11:06 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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