Price improvement and buyer's choice of concessions - including two years of condo fees paid up front! See Firm Remarks. Introducing the WATERFRONT penthouse unit at The Residences at Harbor's Edge, Salem's newly constructed, modern condominium homes. Step onto your private deck and be mesmerized by breathtaking water views. With a newly-constructed pier and future gangway and water access approval, this is waterfront living at its finest.This stunning two bedroom unit features vaulted ceilings and skylights providing incredible natural sunlight, contemporary kitchen with stainless appliances and Quartz countertops, and brand new hardwood floors throughout. Two full baths, featuring a walk-in glass shower with custom designer tile and fixtures. In-unit washer/dryer included. Everything has been completed NEW - plumbing, electrical and heating/cooling systems, complete with gas-powered forced hot air and central air throughout. Brand new roof, exterior and windows.
Sale Statistics
Sale Overview
Original List Price:$799,900
Final Sale Price:$700,000
Difference:
$99,900 (-12.5%)
Performance Metrics
87.5%
List to Sale Ratio
Sold below asking price
76
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$840
Sale $/sq ft:$735
This property sold for $735 per square foot
Sale Summary
This property sold for 12.5% below the original asking price.
The property spent 76 days on market before selling.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
952 sq ft
Total Rooms
6
Stories
1
Entry Level
3
Interior Features
Flooring
Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Microwave, ENERGY STAR Qualified Refrigerator, Wine Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range, Oven
Laundry Features
Laundry Closet, Third Floor, In Unit
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Exterior Features
Deck - Composite, Patio, Lighting, Other
Patio/Porch Features
Deck - Composite, Patio
Has Spa
No
Waterfront Features
Waterfront, Ocean, Harbor, 0 to 1/10 Mile To Beach
Waterfront Property
Yes
Lot & Land
Lot Size
0.10 acres
Lot Size
4,748 sq ft
Lot Size Area
0.1000
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Deeded
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts
Energy Efficient Features
Thermostat
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Marina, Private School, Public School, University
HOA Fee
$380
HOA Fee Frequency
Monthly
Association Amenities
Boat Dock
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$0
Tax Year
2023
Tax Assessed Value
$0
Parcel Number
2135162
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Renovated Since
Building Name
The Residences At Harbor's Edge Ii
Common Walls
No One Above
Disclosures
Listing agent is related to Seller. Property taxes have not yet been estimated. Condominium fees are an estimate. Flood insurance required. Common electrical service is temporary until a new meter is installed by Seller. Easement access to newly constructed pier.
Location
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Neighborhood
111 Leach Street # 3, 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$0
Homeowners Insurance$200
HOA Fee$380
PMI$0
Property History
Market Insights
3.4%
Price Range
78
Total Days on Market
Property Timeline
✓
Sold
Feb 16, 2024
$700,000
Property sold
Days on Market: 78
🏠
Listed for Sale
Oct 6, 2023
$724,900
Original listing
Agent: Jenna Lovely BuonfiglioOffice: The Lovely Advisory LLC
