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24 Norman St # 101, Salem MA 01970

Salem, MA 01970
$270,000
Est. $2,003/month
1
Baths
637
Sq Ft
$424
Price/Sq Ft
1980
Year Built
20
Days on Market
Closed Listed Jun 28, 2021 • MLS# 72857781 Copied!

About this home

Incredible location in the heart of DOWNTOWN SALEM with a deeded OFF STREET Parking space. This CORNER UNIT hip loft condo has both style and location minutes to the train to Boston. Live in trendy downtown Salem in this industrial loft space featuring two wall-to-wall windows, exposed brick, soaring 14 foot industrial ceilings, and a bedroom loft - very sunny and bright! Take advantage of this rare opportunity to own in the heart of downtown Salem and close to the University! Minutes to Salem Ferry, restaurants, nightlife, shops, historical buildings, the pedestrian mall, and Derby Wharf. Hardwood floors throughout and granite counter tops in kitchen. Laundry within the building. Secure keypad entrance. Recycling and Trash disposal right outside. Private mail slot. Wall-mounted TV included.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Full Bathrooms
1
Living Area
637 sq ft
Total Rooms
1
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $260,000
Final Sale Price: $270,000
Difference: +$10,000 (+3.8%)
Performance Metrics
103.8%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $408
Sale $/sq ft: $424
This property sold for $424 per square foot
Sale Summary

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

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 19 similar properties sold within 0.5 miles in the last 90 days

This Property
$424/sq ft
Area Average
$373/sq ft
Difference
+13.7%

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 637 sq ft
Full Baths 1
Total Rooms 1

Interior

Heating Electric
Cooling Wall Unit(s)
Flooring Wood, Tile
Appliances Range, Energy Star Qualified Refrigerator
Fireplace None
Basement N
Laundry In Building
Features Loft

Exterior

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

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $2,677
Assessed Value $194,000

Interior Features

Flooring: Wood, Tile
Appliances: Range, ENERGY STAR Qualified Refrigerator
Interior Features: Loft
Windows:
Basement: N
Laundry: In Building
Security: Other

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 1
Cooling: Wall Unit(s)
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: 1
Parking Features: Off Street, Deeded

Location

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Neighborhood

24 Norman St # 101, 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 Phoenix School
0.7 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
B-
Saltonstall School
0.5 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-
Carlton School
0.9 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
1.1 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
1.1 mi
106 students Diverse
Diverse Student Body
Grades PK
C-
Horace Mann Laboratory School
1.1 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+
Bates School
1.1 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
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
M

Middle Schools

1 school
C+
Collins Middle School
0.6 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
0.6 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
1.2 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 $223
Homeowners Insurance $200
HOA Fee $215/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

24.2%
Price Range
22
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73393157
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 18, 2025
$342,900
MLS #73393157
Sold
Aug 17, 2021
$270,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jun 28, 2021
$260,000
Original listing
Agent: Jennifer Stein Office: HomeLister, Inc.

Price & Status History

Date Event Price Change
Jul 18, 2025 Sold $342,900
Jun 28, 2021 New Listing Added $260,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$424

Tax History

Year Taxes Assessment
2021 $2,677 $194,000

Financial Details

Annual Property Tax
$2,677
Tax Year 2021
HOA Fee
$215
Monthly
Assessed Value
$194,000

Listing Information

Listing Agent Jennifer Stein
Listing Office HomeLister, Inc.
Agent MLS ID CN219186
Office MLS ID AN4778
Listing Data Updated Aug 17, 2021 8:39 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

24 Norman St # 101, Salem MA 01970 - Photo 1 24 Norman St # 101, Salem MA 01970 - Photo 2 24 Norman St # 101, Salem MA 01970 - Photo 3 24 Norman St # 101, Salem MA 01970 - Photo 4 24 Norman St # 101, Salem MA 01970 - Photo 5 24 Norman St # 101, Salem MA 01970 - Photo 6 24 Norman St # 101, Salem MA 01970 - Photo 7 24 Norman St # 101, Salem MA 01970 - Photo 8 24 Norman St # 101, Salem MA 01970 - Photo 9 24 Norman St # 101, Salem MA 01970 - Photo 10
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