54-56 Swampscott Road, Salem MA 01970
Salem, MA 01970
$185,000
Est. $985/month
About this home
Two parcels of commercial land totaling 2.12 acres for sale with terrific street frontage on a busy road. Seller makes no representations pertaining to parcels. Property sold as-is, buyer and buyers agent to do all due diligence. Requires a license to sell.
Sale Statistics
Sale Overview
Original List Price:
$250,000
Final Sale Price:
$185,000
Difference:
$65,000 (-26.0%)
Performance Metrics
74.0%
List to Sale Ratio
Sold below asking price
15
Days on Market
Quick sale
Sale Summary
This property sold for 26.0% below the original asking price.
With only 15 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Commercial
Property Category
Land
Interior Features
Exterior & Structure
Waterfront Property
No
Lot & Land
Lot Size
2.12 acres
Lot Size
92,347 sq ft
Lot Size Area
2.1200
Lot Features
Wetlands, Sloped, Wooded
Parking & Garage
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
On-Site
Electric on Property
Yes
Gas
At Street
Community & HOA
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$2,892
Tax Year
2024
Tax Assessed Value
$248,900
Zoning
BPD
Additional Details
Disclosures
Subject to license to sell. Buyer must be flexible with closing date. Cash offers only. As is, buyer to do all due diligence. Property generates two tax bills.
Location
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Neighborhood
54-56 Swampscott Road, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
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Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$241
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
26%
Price Range
13
Total Days on Market
Property Timeline
Sold
Sep 24, 2024
$185,000
Property sold
Days on Market: 13
Listed for Sale
Aug 5, 2024
$250,000
Original listing
Agent: Willis + Tierney
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/24/2024 | ✓ Sold | $185,000 | - | - | Property sold |
| 08/05/2024 | 🏠 Listed for Sale | $250,000 | - | - | Original listing |