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12 Lightning Ln # 12, Salem MA 01970

Salem, MA 01970
$425,500
Est. $3,176/month
2
Beds
2.5
Baths
1,955
Sq Ft
$218
Price/Sq Ft
1986
Year Built
14
Days on Market
Closed Listed Jul 11, 2020 • MLS# 72689432 Copied!

About this home

One of the largest sizes in the Hamlet complex , Long L style. This unit sits at end of road offering a peaceful tranquil setting overlooking the woods.The long covered deck faces the woods for complete privacy to enjoy, great for entertaining. Hardwood floors in dining room and living room with fireplace. 2 oversize bedrooms on 2nd fl complete with their own bath for privacy. An open deck on the 2nd floor accessible to both bedrooms to sit and enjoy the serene views. Basement is finished for a den/ office.and gas fireplace. Kitchen has been update with granite countertop 12x12 tile and center island. 2 sets of sliders open to deck 2 car tandem garage. Pets welcome ( they will love the pet screen to come and go as they please. New trek decking/ stairs with gate . If you are a pet owner and love to walk you will love this subdivision. Beautiful landscaping This well run complex is accessible to everything Salem has to offer and just min to beaches. Must see

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1986
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,955 sq ft
Total Rooms
6
Stories
3
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $409,900
Final Sale Price: $425,500
Difference: +$15,600 (+3.8%)
Performance Metrics
103.8%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $210
Sale $/sq ft: $218
This property sold for $218 per square foot
Sale Summary

This property sold for 3.8% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$218/sq ft
Area Average
$252/sq ft
Difference
13.6%

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

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1986
Living Area 1,955 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 6

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Family Room, Living Room
Fireplaces 2
Basement Y
Laundry In Basement
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Covered Patio/deck
Pool None
Spa None
Fencing None
Patio/Porch Deck, Covered

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Off Street, Tandem
Total Spaces 4

Utilities

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

Financial

Annual Tax $5,188
Assessed Value $359,900

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: In Basement
Security:

Construction & Materials

Year Built: 1986
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Covered Patio/Deck
Patio & Porch: Deck, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Under, Off Street, Tandem

Special Features

Fireplaces: 2
Fireplace Type: Family Room, Living Room
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails

Location

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Neighborhood

12 Lightning Ln # 12, 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
C-
Horace Mann Laboratory School
0.9 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
1.2 mi
Grades PK-08
A-
Aborn School
1.4 mi | #226 of 824 | Score: 53.5
Improved 252 spots from last year
-4.7 below state avg
224 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
C+
Collins Middle School
1.5 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+
Swampscott Middle School
1.7 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
C-
Thurgood Marshall Middle School
1.8 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
H

High Schools

3 schools
B
Salem High School
0.8 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
A-
Swampscott High School
1.2 mi | #98 of 346 | Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students Moderate
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
D
Lynn English High School
1.9 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
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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 $432
Homeowners Insurance $200
HOA Fee $392/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

28.1%
Price Range
16
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73477992
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 31, 2026
$570,000
MLS #73477992
Sold
Sep 11, 2020
$425,500
Property sold
Days on Market: 16
🏠
Listed for Sale
Jul 11, 2020
$409,900
Original listing
Agent: Linda Covino Office: RE/MAX Encore

Price & Status History

Date Event Price Change
Mar 31, 2026 Sold $570,000
Jul 11, 2020 New Listing Added $409,900

Market Statistics

Days on Market
14 days
Price per Sq Ft
$218

Tax History

Year Taxes Assessment
2020 $5,188 $359,900

Financial Details

Annual Property Tax
$5,188
Tax Year 2020
HOA Fee
$392
Monthly
Assessed Value
$359,900

Listing Information

Listing Office RE/MAX Encore
Agent MLS ID CT007133
Office MLS ID B95079
Listing Data Updated Sep 11, 2020 3:30 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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