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11 Read Street # 3, Salem MA 01970

Salem, MA 01970
$209,000
Est. $1,776/month
3
Beds
1
Baths
807
Sq Ft
$259
Price/Sq Ft
1980
Year Built
94
Days on Market
Closed Listed Oct 15, 2020 • MLS# 72743673 Copied!

About this home

Buyer’s financing was declined days before closing. Her loss is your gain, this is the Best Price for a 3 bedroom condo in Salem! VA APPROVED CONDO, located just 3/4 of a mile from Salem State, this is a great off campus location. Featuring 3 bedrooms, an open updated kitchen, with a Breakfast Bar & a large grassy backyard, this unit might just be the one you have been waiting for. New electrical panel installed in 2019. Carpet & bathroom flooring installed in 2018. There is additional storage in the basement. Pets are welcome here as well, the building is dog friendly (breeds must be on the approved list from the insurance company). Low condo fee of $325.00 includes your heat & water bill. Washing machine & brand new dryer will be left for the new owner, there is not a hook-up in the unit currently, it was removed by the previous owner. Home warranty included.

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Public Records

Current Owner

Owner NADEAU GARY A
Mailing Address NADEAU GARY A, LYNN, MA, 01904

Land Use

Use Code 102
Description Condominium
Style Condo Garden

Tax Information

Assessed Value $249,300

Assessment History

Year Land Building Total Change
FY2026 $0 $249,300 $249,300

Sale History

Date Price Book/Page
Mar 1, 2023 $280,500 41458/6
Feb 26, 2021 $209,900 39580/161
Feb 26, 2021 $209,000 39580/544
Jul 11, 2018 $180,000 366854/100
May 30, 2014 $81,900 33310/373
Nov 24, 2010 $60,000 30000/212

Building Permit History

No building permits on record since 2023.

Data: Town of Salem

Municipal Context: SALEM

Match: address_condo (90.0% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
3
Full Bathrooms
1
Living Area
807 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $209,000
Final Sale Price: $209,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
94
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $259
Sale $/sq ft: $259
This property sold for $259 per square foot
Sale Summary

This property sold exactly at the asking price.

At 94 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$259/sq ft
Area Average
$99/sq ft
Difference
+162.7%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 807 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Oil, Unit Control
Cooling None
Flooring Vinyl, Carpet
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Porch, Deck
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck

Parking

Features On Street

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $2,332
Assessed Value $161,400

Interior Features

Flooring: Vinyl, Carpet
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1980
Effective Year (Renovated): 1980
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Oil, Unit Control
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

11 Read Street # 3, 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

9 schools
The Greenhouse School
0.6 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
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
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
B
Witchcraft Heights School
1.2 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
Carlton School
2.0 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
2.0 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
2.0 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
2.1 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
M

Middle Schools

1 school
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
H

High Schools

2 schools
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
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
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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 $194
Homeowners Insurance $200
HOA Fee $325/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

48.1%
Price Range
61
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73538678
Full transaction history available when tracking began
🏡
Currently Listed
Jun 19, 2026
$315,000
MLS #73538678 - Active
Sold
Feb 26, 2021
$209,000
Property sold
Days on Market: 61
🏠
Listed for Sale
Oct 15, 2020
$209,000
Original listing
Agent: Kristine Blazo Office: Keller Williams Realty Signature Properties
Previous Transaction - MLS #72333919
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 31, 2018
$163,500
MLS #72333919

Price & Status History

Date Event Price Change
Jun 19, 2026 Sold $315,000
Oct 15, 2020 New Listing Added $209,000
Jul 31, 2018 Sold $163,500

Market Statistics

Days on Market
94 days
Price per Sq Ft
$259

Tax History

Year Taxes Assessment
2020 $2,332 $161,400

Financial Details

Annual Property Tax
$2,332
Tax Year 2020
HOA Fee
$325
Monthly
Assessed Value
$161,400

Listing Information

Listing Office Keller Williams Realty Signature Properties
Agent MLS ID A8001836
Office MLS ID AN2693
Listing Data Updated Feb 26, 2021 3:26 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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