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289 Essex St # 301, Salem MA 01970

Salem, MA 01970
$199,900
Est. $1,620/month
1
Beds
1
Baths
709
Sq Ft
$282
Price/Sq Ft
0.31
Acres
1987
Year Built
82
Days on Market
Closed Listed Apr 15, 2015 • MLS# 71817937 Copied!

About this home

Great Downtown Salem Location with 1 deeded garage parking space! Convenient to public transportation, train station, YMCA, fine dining, breweries, and shops. Tastefully updated 1 bedroom unit with new flooring. Large living and dining room great for entertaining friends and family. Modern kitchen with stainless steel appliances, new cabinets, and quartz counter tops. Bedroom with walk in closet. Plenty of closet space in the unit, plus an additional storage space in building. Complex is VA approved.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
1
Full Bathrooms
1
Living Area
709 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $199,900
Final Sale Price: $199,900
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
82
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $282
Sale $/sq ft: $282
This property sold for $282 per square foot
Sale Summary

This property sold exactly at the asking price.

The property spent 82 days on market before selling.

Nearby Sales Comparison

Based on 18 similar properties sold within 0.5 miles in the last 90 days

This Property
$282/sq ft
Area Average
$347/sq ft
Difference
18.7%

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 1987
Living Area 709 sq ft
Lot Size 0.31 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Central Air, Heat Pump
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,462
Assessed Value $150,000

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Common Area, In Building
Security: Intercom, Security System

Construction & Materials

Year Built: 1987
Effective Year (Renovated): 2004
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air, Heat Pump
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Garage Door Opener, Deeded

Location

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Neighborhood

289 Essex St # 301, 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 $205
Homeowners Insurance $200
HOA Fee $204/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

48.7%
Price Range
83
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73254653
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 16, 2024
$390,000
MLS #73254653
Sold
Jul 22, 2015
$199,900
Property sold
Days on Market: 83
🏠
Listed for Sale
Apr 15, 2015
$199,900
Original listing
Agent: Catherine St. Pierre Office: Armstrong Field Real Estate

Price & Status History

Date Event Price Change
Aug 16, 2024 Sold $390,000
Apr 15, 2015 New Listing Added $199,900

Market Statistics

Days on Market
82 days
Price per Sq Ft
$282

Tax History

Year Taxes Assessment
2015 $2,462 $150,000

Financial Details

Annual Property Tax
$2,462
Tax Year 2015
HOA Fee
$204
Monthly
Assessed Value
$150,000

Listing Information

Listing Office Armstrong Field Real Estate
Agent MLS ID C8001712
Office MLS ID C95180
Listing Data Updated Jul 22, 2015 7:47 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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