11 Read St. # 3, Salem MA 01970

Salem, MA 01970
$163,500
2
Beds
1
Baths
807
Sq Ft
$203
Price/Sq Ft
1980
Year Built
43
Days on Market
Sold Listed May 25, 2018 • MLS# 72333919 Copied! • Updated Aug 2, 2018

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Sale Statistics

Sale Overview
Original List Price: $179,900
Final Sale Price: $163,500
Difference: $16,400 (-9.1%)
Performance Metrics
90.9%
List to Sale Ratio
Sold below asking price
43
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $223
Sale $/sq ft: $203
This property sold for $203 per square foot
Sale Summary

This property sold for 9.1% below the original asking price.

The property spent 43 days on market before selling.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$203/sq ft
Area Median
$299/sq ft
Difference
32.1%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Excellent value on a quiet, dead end street, this is one of the best deals in Salem! This two bedroom second floor unit boasts an open, spacious floor plan that is warm and inviting with spare room that could be used as a third bedroom or office. This unit is move in ready, minutes from downtown Salem, great restaurants, shops, entertainment and Salem State University. Easy access to major routes. Heat and water are included in the monthly condo fee. Large individual, securable storage space in the basement. Offsite management company. Pet friendly. This is a great investment or alternative to renting at an affordable price. Don't let this one get away!

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Recently Sold Nearby

Property History

Market Insights

48.1%
Price Range
45
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73538678
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 29, 2026
$315,000
MLS #73538678
Previous Transaction - MLS #72743673
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 26, 2021
$209,000
MLS #72743673
Sold
Jul 31, 2018
$163,500
Property sold
Days on Market: 45
🏠
Listed for Sale
May 25, 2018
$179,900
Original listing
Agent: John Dike Office: Northeast Realty

Tax History

Year Taxes Assessment
2018 $2,184 $142,000

Financial Details

Annual Property Tax
$2,184
Tax Year 2018
HOA Fee
$300
Per month
Assessed Value
$142,000

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 807 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Natural Gas, Individual, Unit Control
Cooling Window Unit(s)
Flooring Carpet, Laminate
Appliances None
Fireplace None
Basement Y
Laundry Off-site
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features Deck - Wood, Fenced Yard, Rain Gutters
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck - Wood
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $2,184
Assessed Value $142,000

HOA & Community

HOA Fee $300
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Trash
Amenities Storage
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 3
Sq Ft Source Other
Documents None
County Essex
Total market time (incl. prior listings) 45 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1980
Bedrooms
2
Full Bathrooms
1
Living Area
807 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Carpet, Laminate
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry: Off-Site
Security:

Construction & Materials

Year Built: 1980
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas, Individual, Unit Control
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Wood, Fenced Yard, Rain Gutters
Patio & Porch: Deck - Wood
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

3 schools
C-
Horace Mann Laboratory School
0.4 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
The Greenhouse School
0.6 mi
Grades PK-08
B-
Saltonstall School
0.8 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
M

Middle Schools

3 schools
C+
Collins Middle School
0.7 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Village School
1.8 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
2.1 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

3 schools
B
Salem High School
0.5 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
B+
Salem Academy Charter School
1.1 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
A-
Marblehead High School
1.9 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

11 Read St. # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Agent MLS ID CN215861
Office MLS ID AN2724
Listing Data Updated Aug 2, 2018 3:34 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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