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6 Lathrop Street # 3, Salem MA 01970

Salem, MA 01970
$469,900
Est. $2,956/month
2
Beds
1.5
Baths
724
Sq Ft
$649
Price/Sq Ft
2025
Year Built
43
Days on Market
Closed Listed Feb 5, 2025 • MLS# 73332735 Copied!

About this home

Back on Market due to Buyer's relocation! Brand new, ground-up construction just steps away from historic downtown Salem as well as the commuter rail into Boston, offering easy access to a vibrant array of shops, dining, and academic opportunities. This light-filled two-bedroom penthouse unit features an open floor plan perfect for living and entertaining, contemporary kitchen with stainless appliances and Quartz countertops, hardwood floors throughout, custom-designed closets, and 1.5 baths featuring a walk-in glass shower with custom designer tile and fixtures. In-unit washer/dryer included. Private and covered composite deck right off of the main living area. Building has been thoughtfully constructed by a reputable home builder. Multi-zoned heating/cooling from ductless mini-split systems ensure durability and energy efficiency. Situated in a low-maintenance building with large, off-street parking area, with one included parking spot and additional available for purchase.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2025
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
724 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $469,900
Final Sale Price: $469,900
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
43
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $649
Sale $/sq ft: $649
This property sold for $649 per square foot
Sale Summary

This property sold exactly at the asking price.

The property spent 43 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$649/sq ft
Area Average
$401/sq ft
Difference
+61.8%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 2025
Living Area 724 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Ductless
Cooling Ductless
Flooring Tile, Hardwood
Appliances Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Oven
Fireplace None
Basement N
Laundry Laundry Closet, Third Floor, In Unit
Features None

Exterior

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

Parking

Features Off Street, Available For Purchase, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Tile, Hardwood
Appliances: ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Laundry Closet, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 2025
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Ductless
Heating Zones: 3
Cooling: Ductless
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Available for Purchase, Paved

Location

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Neighborhood

6 Lathrop Street # 3, 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 $0
Homeowners Insurance $200
HOA Fee $380/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

44
Total Days on Market

Property Timeline

Sold
Apr 25, 2025
$469,900
Property sold
Days on Market: 44
🏠
Listed for Sale
Feb 5, 2025
$469,900
Original listing
Agent: Jenna Lovely Buonfiglio Office: The Lovely Advisory LLC

Price & Status History

Date Event Price Change
Feb 5, 2025 New Listing Added $469,900

Market Statistics

Days on Market
43 days
Price per Sq Ft
$649

Tax History

Year Taxes Assessment
2025 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025
HOA Fee
$380
Per month
Assessed Value
$0

Listing Information

Listing Agent Jenna Lovely Buonfiglio
Listing Office The Lovely Advisory LLC
Agent MLS ID CN218608
Office MLS ID AN7968
Listing Data Updated Apr 25, 2025 1:59 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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