20 Hancock Street # 3, Salem MA 01970

Salem, MA 01970
$550,000
3
Beds
1
Baths
2,120
Sq Ft
$259
Price/Sq Ft
1900
Year Built
2
Parking
18
Days on Market
Sold Listed Sep 27, 2023 • MLS# 73164402 Copied! • Updated Nov 1, 2023

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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.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property
$259/sq ft
Area Median
$427/sq ft
Difference
39.3%

This property sold below the area median, potentially representing good value for the buyer.

About this home

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.

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Recently Sold Nearby

Property History

Market Insights

16.8%
Price Range
21
Total Days on Market

Property Timeline

Current Active Listing - MLS #73585101
Full transaction history available when tracking began
🏡
Currently Listed
Oct 1, 2026
$599,900
MLS #73585101 - Active
✓
Sold
Nov 1, 2023
$550,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Sep 28, 2023
$499,000
Original listing
Agent: Mark M. Wade Office: Coldwell Banker Realty - Marblehead

Tax History

Year Taxes Assessment
2022 $99,999,999 $0

Financial Details

Annual Property Tax
$99,999,999
Tax Year 2022
HOA Fee
$331
Monthly
Assessed Value
$0

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 2,120 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 7

Interior

Heating Hot Water, Steam, Natural Gas, Air Source Heat Pumps (ashp)
Cooling Heat Pump, Individual
Flooring Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry In Basement, In Building
Features Ceiling Fan(s), Vaulted Ceiling(s), Closet, Open Floorplan, Lighting - Overhead, Closet - Linen, Great Room, Foyer, Gallery, Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch - Screened, Garden, Rain Gutters, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch Deck - Exterior, Screened
Features Off Street, Deeded, Paved
Total Spaces 2
Electric 110 Volts, 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $99,999,999
Assessed Value 0.00

HOA & Community

HOA Fee $331 Monthly
Fee Includes Water, Sewer, Insurance, Reserve Funds
Amenities Hot Water
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller 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.
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 3
Sq Ft Source Unit Floor Plan
Documents None
County Essex
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
2,120 sq ft
Total Rooms
7
Stories
2
Entry Level
2

Floor Layout

Interior Features

Flooring: Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Closet, Open Floorplan, Lighting - Overhead, Closet - Linen, Great Room, Foyer, Gallery, Internet Available - Broadband
Windows: Skylight(s)
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2023
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Hot Water, Steam, Natural Gas, Air Source Heat Pumps (ASHP)
Heating Zones: 2
Cooling: Heat Pump, Individual
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Screened, Garden, Rain Gutters, Sprinkler System
Patio & Porch: Deck - Exterior, Screened
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Marina, T-Station, University
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
1.0 mi
Grades PK-08
The Greenhouse School
1.1 mi
Grades PK-08
C+
Saltonstall School
0.2 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
C
Horace Mann Laboratory School
0.9 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.3 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.3 mi
107 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.3 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B
Witchcraft Heights School
1.3 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
B+
Bates School
1.6 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
B-
Collins Middle School
0.6 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.5 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.0 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 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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Location

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Neighborhood

20 Hancock Street # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Mark M. Wade
Listing Office Coldwell Banker Realty - Marblehead
Office Phone 781-631-9511
Agent MLS ID C9501114
Office MLS ID AN6221
Listing Data Updated Nov 1, 2023 11:15 AM 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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