Located in the heart of Salem's vibrant downtown, you'll love making The Essex your new home! Located on the 5th floor and down its own corridor from the elevator, this corner unit provides privacy, loads of closet space, and beautiful courtyard views! This open floor plan provides an easy flow from the sky-lit kitchen to dining room to living room. Double doors lead you to the spacious and bright bedroom. In the living room French doors open to a Juliette balcony overlooking the courtyard. This professionally managed condo community offers a range of amenities, including an indoor pool, jacuzzi, well-equipped fitness center, club room, and courtyard. Located just steps away from an array of dining, shopping, services, and cultural treasures such as the Peabody-Essex Museum and Salem Common, along with easy access to the MBTA station for commuting to Boston and points north. A purchased parking pass for the Museum Place Garage is required.
Sale Statistics
Sale Overview
Original List Price:$359,000
Final Sale Price:$369,000
Difference:
+$10,000 (+2.8%)
Performance Metrics
102.8%
List to Sale Ratio
Sold above asking price
-1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$334
Sale $/sq ft:$344
This property sold for $344 per square foot
Sale Summary
This property sold for 2.8% above the original asking price, indicating strong buyer demand.
With only -1 days on market, this was a quick sale compared to typical market conditions.
Electric Dryer Hookup, Washer Hookup, First Floor, Common Area, In Unit
Basement Details
N
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Roof
Shingle, Rubber
Exterior Features
Balcony, Garden, Professional Landscaping
Has Spa
No
Pool Features
Association, In Ground, Indoor, Heated
Waterfront Features
Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Parking Features
Common, Rented
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, House of Worship, Marina, Public School, T-Station, University
HOA Fee
$610
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Pool, Laundry, Elevator(s), Fitness Center, Clubroom, Storage, Garden Area
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,223
Tax Year
2023
Tax Assessed Value
$337,600
Parcel Number
2136431
Zoning
B
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Building Name
The Essex
Common Walls
No One Above, Corner
Attached Property
Yes
Location
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Neighborhood
11 Church St. # 513, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$352
Homeowners Insurance$200
HOA Fee$610
PMI$0
Property History
Market Insights
2.7%
Price Range
1
Total Days on Market
Property Timeline
✓
Sold
Oct 27, 2023
$369,000
Property sold
Days on Market: 1
🏠
Listed for Sale
Sep 21, 2023
$359,000
Original listing
Agent: Julie AndrewsOffice: Keller Williams Realty Evolution