12 1/2 Dearborn Street # 3, Salem MA 01970

Salem, MA 01970

$287,000

2

Beds

1

Baths

985

Sq Ft

$291

Price/Sq Ft

1890

Year Built

Condominium

Type

18

Days on Market

Sold Listed Aug 22, 2018 • MLS# 72382486 Copied! • Updated Sep 27, 2018

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Sale Statistics

Sale Overview

Original List Price: $275,000

                            Final Sale Price:
                            $287,000
                        

Difference: +$12,000 (+4.4%)

Performance Metrics

104.4%

List to Sale Ratio

Sold above asking price

18

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $279

                            Sale $/sq ft:
                            $291
                        

This property sold for $291 per square foot

Sale Summary

This property sold for 4.4% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property

$291/sq ft

Area Median

$466/sq ft

Difference

37.5%

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

About this home

Located on beautiful tree-lined residential street convenient to train, downtown Salem and easy access to Rt 128 - this tasteful & appealing 2004 condo in classic/well built turn of the century architecture is accessible to so much, while not being in the midst of the "Halloween commotion".__This 2 bedroom penthouse flat offers open space living/dining/kitchen and newer tile bathroom. __Third floor benefits include lovely cross breezes, quiet "above" and delightful sunrise and sunset roof top views. __Special features: hardwood floors, kitchen with granite/stainless appliances/gas stove, in-unit laundry, easy access to attic storage as well as 10x15 private basement storage. __Congenial and cooperative 6 unit members association happily share common back yard. __Ample on street parking. __Showings begin at Open House Saturday 8/25 and Sunday 8/26 from 11-12:30. First Offer Review Monday 8/27 3PM

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

34.5%

Price Range

20

Total Days on Market

1

Previous Sales

Property Timeline

Previous Transaction - MLS #73277589

Full transaction history available when tracking began

🏷️

Previously Sold

Oct 2, 2024

$419,900

MLS #73277589

View Listing →

✓

Sold

Sep 27, 2018

$287,000

Property sold

Days on Market: 20

🏠

Listed for Sale

Aug 22, 2018

$275,000

Original listing

Agent: Claire Dembowski Office: RE/MAX Advantage Real Estate

Date	Event	Price	Change	$/sqft	Details
10/02/2024	🏷️ Previously Sold	$419,900	-	-	MLS #73277589
09/27/2018	✓ Sold	$287,000	-	-	Property sold
08/22/2018	🏠 Listed for Sale	$275,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2018	$3,361	$218,500

Financial Details

Annual Property Tax

$3,361

Tax Year 2018

HOA Fee

$175

Monthly

Assessed Value

$218,500

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1890

Living Area 985 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 4

Interior

Heating Baseboard, Natural Gas

Cooling Window Unit(s), Dual

Flooring Tile, Hardwood

Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Fireplace None

Basement Y

Laundry Third Floor, In Unit

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Patio

Pool None

Spa None

Fencing None

Patio/Porch Patio

Parking

Features None

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $3,361

Assessed Value $218,500

HOA & Community

HOA Fee $175 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Reserve Funds

Amenities Storage

Optional Fee Includes None

Owner-Occupied Units 5

Pets Yes

MA Disclosures

Seller Disclosures 2004 Burnham Gas Heat. 2014 Hot Water Heater. 2008 Half Roof. Included: Washer & Dryer, 2 Bedroom Wardrobes, 2 Window Ac Units, All Window Treatments.

Exclusions Negotiable: 1 Portable Ac Unit, 2 Bathroom Storage Units

Additional Details

Possession None

Accepted Financing None

Structure Type ["Low-Rise","2\/3 Family"]

Unit/Building 3

Sq Ft Source Field Card

Sq Ft Disclosures One level, front to back, on third floor left.

Documents Master Deed, Unit Deed, Floor Plans, Association Financial Statements (4)

County Essex

Total market time (incl. prior listings) 20 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1890

Bedrooms

2

Full Bathrooms

1

Living Area

985 sq ft

Total Rooms

4

Stories

1

Entry Level

3

Floor Layout

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Interior Features:

Windows: Insulated Windows

Basement: Y

Laundry: Third Floor, In Unit

Security:

Construction & Materials

Year Built: 1890

Effective Year (Renovated): 2005

Structure Type: Low-Rise, 2/3 Family

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas

Heating Zones: 1

Cooling: Window Unit(s), Dual

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Patio

Patio & Porch: Patio

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

12 1/2 Dearborn Street # 3, Salem MA 01970

Salem, MA 01970

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

Ask about this property — free, no obligation.