Close to downtown Salem. Over 2,100 square feet of spectacular living space in this 3-bedroom, private entrance townhouse, with the feel and flow of a single-family home. The formal foyer and staircase lead to an expansive 2nd floor landing/gallery. The large open-concept living room/dining room faces the sunny southwest corner; walls of windows provide tree-top level views. The chef-style kitchen includes a 5-burner gas stove, stainless appliances and lots of counter space, cabinets & open shelving. A renovated bathroom and bedrooms are located on the main level. The third floor offers a spacious great room, with vaulted ceilings, skylights and gleaming hardwood floors. The Cabot Street driveway is deeded to the unit. Enjoy private outdoor space, high above it all, from the lovely screened-in porch. Two modern mini-split systems provide heat & A/C. The commuter rail is just minutes away. Easy access to the university, restaurants, pubs, museums and all of vibrant downtown Salem.
Sale Statistics
Sale Overview
Original List Price:$499,000
Final Sale Price:$550,000
Difference:
+$51,000 (+10.2%)
Performance Metrics
110.2%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$235
Sale $/sq ft:$259
This property sold for $259 per square foot
Sale Summary
This property sold for 10.2% above the original asking price, indicating strong buyer demand.
With only 18 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
2,120 sq ft
Total Rooms
7
Stories
2
Entry Level
2
Interior Features
Flooring
Hardwood, Flooring - Hardwood
Heating
Hot Water, Steam, Natural Gas, Air Source Heat Pumps (ASHP)
Ceiling Fan(s), Vaulted Ceiling(s), Closet, Open Floorplan, Lighting - Overhead, Closet - Linen, Great Room, Foyer, Gallery, Internet Available - Broadband
Laundry Features
In Basement, In Building
Basement Details
Y
Window Features
Skylight(s)
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch - Screened, Garden, Rain Gutters, Sprinkler System
Patio/Porch Features
Deck - Exterior, Screened
Has Spa
No
Waterfront Features
Harbor, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Deeded, Paved
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 220 Volts, Circuit Breakers
Community & HOA
Community Features
Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Marina, T-Station, University
HOA Fee
$331
HOA Fee Frequency
Monthly
Association Amenities
Hot Water
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$99,999,999
Tax Year
2022
Tax Assessed Value
$0
Parcel Number
2134749
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Common Walls
No One Above, Corner
Disclosures
Seller is a licensed Realtor. Fireplace is ornamental and wired with an outlet. Hot water included in condo fee. Each new unit owner will contribute (2-months condo fee) to the newly established Reserve fund at closing. Heat is by a gas boiler and/or 2 ductless mini-split systems for heat & A/C.
