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2B Spruance Way # 36B, Salem MA 01970

Salem, MA 01970
$485,000
Est. $3,505/month
2
Beds
1.5
Baths
1,682
Sq Ft
$288
Price/Sq Ft
1980
Year Built
71
Days on Market
Closed Listed Aug 8, 2025 • MLS# 73415579 Copied!

About this home

A charming and recently renovated two-bedroom condo awaits within the coveted Pickman Park Condominiums in South Salem, known for its meticulously maintained grounds. Enjoy the expansive 46-acre property, which features a clubhouse, swimming pool, tennis courts, and serene nature trails.This delightful unit boasts a bright, open-concept kitchen and dining area, ideal for entertaining. Relax or entertain al fresco on the private deck, accessible from the main living area, and savor the beautifully landscaped surroundings. Cozy up by the working fireplace in the living room during the colder months. Both the primary and second bedrooms are generously sized and offer ample closet space. Convenience is key, with a plethora of shopping options located less than a mile away. Parking is made easy with one covered space in the garage and an additional off-street spot in the driveway. Don't miss the opportunity to experience this vibrant condo community in a prime location.

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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
1,682 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $525,000
Final Sale Price: $485,000
Difference: $40,000 (-7.6%)
Performance Metrics
92.4%
List to Sale Ratio
Sold below asking price
71
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $312
Sale $/sq ft: $288
This property sold for $288 per square foot
Sale Summary

This property sold for 7.6% below the original asking price.

The property spent 71 days on market before selling.

Nearby Sales Comparison

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

This Property
$288/sq ft
Area Average
$382/sq ft
Difference
24.7%

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 1,682 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Vacuum System - Rough-in
Fireplace None
Fireplaces 1
Basement N
Laundry Second Floor, In Unit
Features Entry Hall, Central Vacuum

Exterior

Construction None
Architecture None
Roof None
Features Porch - Enclosed, Deck, Deck - Composite, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Enclosed, Deck, Deck - Composite

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Off Street
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,673
Assessed Value $412,100

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Vacuum System - Rough-in
Interior Features: Entry Hall, Central Vacuum
Windows:
Basement: N
Laundry: Second Floor, In Unit
Security:

Construction & Materials

Year Built: 1980
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Porch - Enclosed, Deck, Deck - Composite, Professional Landscaping
Patio & Porch: Enclosed, Deck, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Conservation Area

Location

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Neighborhood

2B Spruance Way # 36B, 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 $463/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

2.8%
Price Range
73
Total Days on Market

Property Timeline

Sold
Nov 13, 2025
$485,000
Property sold
Days on Market: 73
🏠
Listed for Sale
Aug 8, 2025
$499,000
Original listing
Agent: Sophie Soman Office: LandVest, Inc., Manchester -by-the-Sea

Price & Status History

Date Event Price Change
Aug 8, 2025 New Listing Added $499,000

Market Statistics

Days on Market
71 days
Price per Sq Ft
$288

Tax History

Year Taxes Assessment
2025 $4,673 $412,100

Financial Details

Annual Property Tax
$4,673
Tax Year 2025
HOA Fee
$463
Monthly
Assessed Value
$412,100

Listing Information

Listing Agent Sophie Soman
Listing Office LandVest, Inc., Manchester -by-the-Sea
Agent MLS ID C8000597
Office MLS ID AN4825
Listing Data Updated Nov 17, 2025 9:20 AM EST
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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