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6-R Hazel Terrace # 9, Salem MA 01970

Salem, MA 01970
$305,000
Est. $2,445/month
1
Beds
1
Baths
559
Sq Ft
$546
Price/Sq Ft
1920
Year Built
5
Days on Market
Closed Listed Mar 25, 2025 • MLS# 73349922 Copied!

About this home

Bright and airy top floor end unit in the heart of Salem! This sun-filled one-bedroom, one-bath condo offers high ceilings, hardwood floors, and exclusive use of a private deck—a perfect retreat for outdoor enjoyment. The spacious living room is bathed in natural light from windows on two sides, the eat-in kitchen has a new stove, stainless steel dishwasher and refrigerator, and an in-unit stackable laundry. There's plenty of storage with multiple closets in the unit, an assigned basement storage space, and additional storage just outside the unit. One deeded off-street parking spot adds convenience. Located minutes from Salem’s vibrant downtown, you'll have easy access to beaches, parks, restaurants, museums, and Salem State University. A fantastic opportunity for first-time homebuyers looking to own in a prime location—why keep renting when you can own this charming home? Don't miss out!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
1
Full Bathrooms
1
Living Area
559 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $299,000
Final Sale Price: $305,000
Difference: +$6,000 (+2.0%)
Performance Metrics
102.0%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $535
Sale $/sq ft: $546
This property sold for $546 per square foot
Sale Summary

This property sold for 2.0% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$546/sq ft
Area Average
$350/sq ft
Difference
+55.9%

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 1920
Living Area 559 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Hot Water, Oil
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Off Street, Deeded, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,131
Assessed Value $276,100

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2006
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded, Paved

Location

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Neighborhood

6-R Hazel Terrace # 9, 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 $261
Homeowners Insurance $200
HOA Fee $442/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%
Price Range
9
Total Days on Market

Property Timeline

Sold
May 1, 2025
$305,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Mar 25, 2025
$299,000
Original listing
Agent: The Lopes Group Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Mar 25, 2025 New Listing Added $299,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$546

Tax History

Year Taxes Assessment
2025 $3,131 $276,100

Financial Details

Annual Property Tax
$3,131
Tax Year 2025
HOA Fee
$442
Monthly
Assessed Value
$276,100

Listing Information

Listing Agent The Lopes Group
Listing Office J. Barrett & Company
Agent MLS ID TM326374
Office MLS ID AN0125
Listing Data Updated May 1, 2025 4:32 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

6-R Hazel Terrace # 9, Salem MA 01970 - Photo 1 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 2 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 3 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 4 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 5 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 6 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 7 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 8 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 9 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 10 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 11 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 12 6-R Hazel Terrace # 9, Salem MA 01970 - Photo 13
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