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53 Washington Sq # 2C, Salem MA 01970

Salem, MA 01970
$580,950
Est. $3,992/month
2
Beds
2
Baths
1,107
Sq Ft
$525
Price/Sq Ft
0.16
Acres
1850
Year Built
6
Days on Market
Closed Listed Sep 9, 2024 • MLS# 73287488 Copied!

About this home

Experience modern luxury infused with historic charm at 53 Washington Square North, Unit 2C—an exceptional urban retreat in one of Salem’s prime locations. This gorgeous two-bedroom, two-bathroom condo boasts a wall of windows that bathe the interior in natural light, unveiling breathtaking views of historic Salem Common. The open-concept living area showcases soaring cathedral ceilings accented with exposed steel ties, bamboo flooring, and custom lighting that accentuates the sleek, contemporary design. The kitchen comes complete with stainless steel appliances and elegant granite countertops, making it perfect for both entertaining and everyday living. Skylights further illuminate the space, contributing to the inviting atmosphere. Enjoy the exclusive perk of a private yard, perfect for outdoor dining or just unwinding. Rounding out this exceptional property are two parking spots, offering ultimate convenience.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
2
Full Bathrooms
2
Living Area
1,107 sq ft
Total Rooms
5
Stories
2
Entry Level
3
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $580,950
Difference: +$5,950 (+1.0%)
Performance Metrics
101.0%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $519
Sale $/sq ft: $525
This property sold for $525 per square foot
Sale Summary

This property sold for 1.0% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 19 similar properties sold within 0.5 miles in the last 90 days

This Property
$525/sq ft
Area Average
$363/sq ft
Difference
+44.6%

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 1850
Living Area 1,107 sq ft
Lot Size 0.16 acres
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

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

Exterior

Construction None
Architecture None
Roof Shingle
Features Patio
Pool None
Spa None
Fencing Security
Patio/Porch Patio

Parking

Features Off Street, Exclusive Parking
Total Spaces 2

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,463
Assessed Value $556,200

Interior Features

Flooring: Wood, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Entry Hall
Windows: Insulated Windows
Basement: Y
Laundry: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1850
Effective Year (Renovated): 2013
Structure Type: 2/3 Family
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Exclusive Parking

Location

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Neighborhood

53 Washington Sq # 2C, 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 $539
Homeowners Insurance $200
HOA Fee $316/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%
Price Range
8
Total Days on Market

Property Timeline

Sold
Oct 24, 2024
$580,950
Property sold
Days on Market: 8
🏠
Listed for Sale
Sep 9, 2024
$575,000
Original listing
Agent: Tyson Lynch Office: The Proper Nest Real Estate

Price & Status History

Date Event Price Change
Sep 9, 2024 New Listing Added $575,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$525

Tax History

Year Taxes Assessment
2024 $6,463 $556,200

Financial Details

Annual Property Tax
$6,463
Tax Year 2024
HOA Fee
$316
Monthly
Assessed Value
$556,200

Listing Information

Listing Office The Proper Nest Real Estate
Agent MLS ID CT005972
Office MLS ID AN7859
Listing Data Updated Oct 24, 2024 2:24 PM 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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