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12 School St # 1, Salem MA 01970

Salem, MA 01970
$390,124
Est. $2,746/month
3
Beds
2
Baths
1,240
Sq Ft
$315
Price/Sq Ft
0.11
Acres
2015
Year Built
17
Days on Market
Closed Listed Mar 19, 2019 • MLS# 72467470 Copied!

About this home

Move right into this beautiful 3-bed, 2-bath condo in North Salem. Built in 2015, this first floor unit features a bright, air-conditioned single level floor plan with hard wood floors, a kitchen perfect for entertaining, master bedroom with a gorgeous ensuite bathroom, and 2 deeded parking spaces. Not only is 12 School Street a great location for commuters, just half a mile to the commuter rail and 10 minutes to Route 128, but day-trippers will also love having easy access to the North Shore’s many towns and beaches. This condo also offers ample storage with a large dedicated space in the basement and back hallway. The cherry on top? The building is pet friendly, so your pets are welcome too!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2015
Bedrooms
3
Full Bathrooms
2
Living Area
1,240 sq ft
Total Rooms
5
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $375,000
Final Sale Price: $390,124
Difference: +$15,124 (+4.0%)
Performance Metrics
104.0%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $302
Sale $/sq ft: $315
This property sold for $315 per square foot
Sale Summary

This property sold for 4.0% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$315/sq ft
Area Average
$221/sq ft
Difference
+42.6%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2015
Living Area 1,240 sq ft
Lot Size 0.11 acres
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Central, Natural Gas
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry None
Features None

Exterior

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

Parking

Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,078
Assessed Value $336,300

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 2015
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Natural Gas
Cooling: Central Air
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

Total Parking Spaces: 2
Parking Features:

Location

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Neighborhood

12 School St # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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
B+
Bates School
0.5 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
The Phoenix School
0.6 mi
Grades PK-08
C
Thomas Carroll School
0.7 mi | #611 of 824 | Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

2 schools
C+
Collins Middle School
1.0 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
C+
J. Henry Higgins Middle School
1.9 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

3 schools
Bishop Fenwick High School
0.9 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B+
Salem Academy Charter School
1.2 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
B
Salem High School
1.6 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
Learn about these ratings

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 $423
Homeowners Insurance $200
HOA Fee $150/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

36.4%
Price Range
19
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73261014
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 23, 2024
$590,000
MLS #73261014
Sold
May 6, 2019
$390,124
Property sold
Days on Market: 19
🏠
Listed for Sale
Mar 19, 2019
$375,000
Original listing
Agent: Brandon Collins Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Aug 23, 2024 Sold $590,000
Mar 19, 2019 New Listing Added $375,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$315

Tax History

Year Taxes Assessment
2019 $5,078 $336,300

Financial Details

Annual Property Tax
$5,078
Tax Year 2019
HOA Fee
$150
Monthly
Assessed Value
$336,300

Listing Information

Listing Agent Brandon Collins
Listing Office William Raveis R.E. & Home Services
Agent MLS ID CT000981
Office MLS ID M95385
Listing Data Updated May 7, 2019 7:06 AM 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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