20 Loring Avenue # 1, Salem MA 01970

Salem, MA 01970
$330,000
2
Beds
1
Baths
788
Sq Ft
$419
Price/Sq Ft
1900
Year Built
2
Parking
19
Days on Market
Sold Listed May 2, 2023 • MLS# 73105940 Copied! • Updated May 31, 2023

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Sale Statistics

Sale Overview
Original List Price: $329,000
Final Sale Price: $330,000
Difference: +$1,000 (+0.3%)
Performance Metrics
100.3%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $418
Sale $/sq ft: $419
This property sold for $419 per square foot
Sale Summary

This property sold for 0.3% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$419/sq ft
Area Median
$421/sq ft
Difference
0.6%

This property sold near the area median for similar homes.

About this home

First floor condominium located directly across from Salem State University. This condominium offers a fully applianced kitchen with ample counter space and room for a small table. The living room has hardwood floors and is spacious and light filled. Then main bedroom has hardwood floors and located close to the bathroom. The second bedroom has new wall to wall carpeting. There is also a sunroom/porch for added space. Other features include storage in the basement along with a washer and dryer, outdoor yard space and 2+ deeded parking spaces. Close proximity to public transportation, shopping, restaurants, Salem Harbor and much more!

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Recently Sold Nearby

Property History

Market Insights

6%
Price Range
21
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73275625
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 23, 2024
$350,000
MLS #73275625
Sold
May 31, 2023
$330,000
Property sold
Days on Market: 21
🏠
Listed for Sale
May 2, 2023
$329,000
Original listing
Agent: Stephanie Moio Office: J. Barrett & Company

Tax History

Year Taxes Assessment
2023 $3,585 $286,600

Financial Details

Annual Property Tax
$3,585
Tax Year 2023
HOA Fee
$210
Monthly
Assessed Value
$286,600

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 788 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Hot Water, Natural Gas
Cooling None
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Basement, In Building
Features Sun Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Deeded
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,585
Assessed Value $286,600

HOA & Community

HOA Fee $210 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities None
Optional Fee Includes None
Owner-Occupied Units 1
Seller Disclosures Owner Has Not Lived In Condo Since 2019. Owner Is A Licensed Real Estate Agent.
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 1
Sq Ft Source Public Record
Documents Master Deed (1)
County Essex
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
788 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Sun Room
Windows:
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1900
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Cooling: None
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: Off Street, Deeded
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
The Greenhouse School
0.5 mi
Grades PK-08
B-
Saltonstall School
0.7 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
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
M

Middle Schools

3 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
B+
Village School
1.3 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
1.6 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.9 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
1.0 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-
Marblehead High School
1.5 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

20 Loring Avenue # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Stephanie Moio
Agent MLS ID C9522917
Office MLS ID AN0125
Listing Data Updated May 31, 2023 2:04 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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