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107 Highland Ave # 6, Salem MA 01970

Salem, MA 01970
$305,000
Est. $2,406/month
1
Beds
1
Baths
511
Sq Ft
$597
Price/Sq Ft
0.39
Acres
1930
Year Built
28
Days on Market
Closed Listed Feb 8, 2023 • MLS# 73077503 Copied!

About this home

This chic, sophisticated condo is situated in an ideal commuter location just minutes to both Salem & Swampscott MBTA commuter rail stations. Completely renovated in 2015, this second floor unit has been remarkably maintained and remains in excellent condition. Open concept living with gleaming hardwood floors, high ceilings and oversized windows throughout showcase an abundance of natural light. Kitchen is equipped with stainless steel appliances including dishwasher, granite counters, updated cabinets & gas cooking. Master bedroom leads to an exclusive use deck, perfect for relaxing, enjoying your morning coffee or entertaining with friends & family! This unit has so much to offer including two assigned parking spots, in-unit laundry with stackable washer/dryer, plenty of storage with large closets & additional assigned basement storage, all just minutes to vibrant downtown Salem's shops, dining, events, parks, and museums. OH SAT 2/11 & SUN 2/12, 12:00-1:30 (can be sold furnished)

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1930
Bedrooms
1
Full Bathrooms
1
Living Area
511 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $299,900
Final Sale Price: $305,000
Difference: +$5,100 (+1.7%)
Performance Metrics
101.7%
List to Sale Ratio
Sold above asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $587
Sale $/sq ft: $597
This property sold for $597 per square foot
Sale Summary

This property sold for 1.7% above the original asking price, indicating strong buyer demand.

With only 28 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 511 sq ft
Lot Size 0.39 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Vinyl, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/dryer
Fireplace None
Basement Y
Laundry Second Floor, In Unit, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck - Composite
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite

Parking

Features Off Street, Assigned, Paved
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $3,193
Assessed Value $255,200

Interior Features

Flooring: Vinyl, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Second Floor, In Unit, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1930
Effective Year (Renovated): 2015
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Paved

Location

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Neighborhood

107 Highland Ave # 6, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

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 $266
Homeowners Insurance $200
HOA Fee $398/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

33.3%
Price Range
30
Total Days on Market
3
Previous Sales

Property Timeline

Previous Transaction - MLS #73230382
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 20, 2024
$330,000
MLS #73230382
Sold
Mar 17, 2023
$305,000
Property sold
Days on Market: 30
🏠
Listed for Sale
Feb 8, 2023
$299,900
Original listing
Agent: Sarah Myles-Lennox Office: MerryFox Realty
Previous Transaction - MLS #72640149
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 9, 2020
$275,000
MLS #72640149
Previous Transaction - MLS #72178547
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 15, 2017
$220,000
MLS #72178547

Price & Status History

Date Event Price Change
Jun 20, 2024 Sold $330,000
Feb 8, 2023 New Listing Added $299,900
Jul 9, 2020 Sold $275,000
Aug 15, 2017 Sold $220,000

Market Statistics

Days on Market
28 days
Price per Sq Ft
$597

Tax History

Year Taxes Assessment
2023 $3,193 $255,200

Financial Details

Annual Property Tax
$3,193
Tax Year 2023
HOA Fee
$398
Monthly
Assessed Value
$255,200

Listing Information

Listing Agent Sarah Myles-Lennox
Listing Office MerryFox Realty
Agent MLS ID B9500891
Office MLS ID C95279
Listing Data Updated Mar 17, 2023 4:32 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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