Recently updated condominium, close to vibrant downtown Salem. This new condo conversion is offering a lovely one-bedroom, garden-style end unit. This sun-filled unit is freshly painted throughout. The kitchen features hardwood flooring, quartz counter, classic wood cabinets, stainless appliances and a natural gas range. The bathroom is recently remodeled with new tiling, vinyl plank flooring, a new vanity and all new fixtures. The bedroom and living room are a generous size with gleaming hardwood floors throughout. The climate is controlled by a ductless heat & air conditioning mini-split system. A large storage area is available in the basement. Just minutes to the university, train and all that downtown Salem has to offer. The bike path is located at the end of the street.
Sale Statistics
Sale Overview
Original List Price:$299,900
Final Sale Price:$310,000
Difference:
+$10,100 (+3.4%)
Performance Metrics
103.4%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$522
Sale $/sq ft:$539
This property sold for $539 per square foot
Sale Summary
This property sold for 3.4% above the original asking price, indicating strong buyer demand.
With only 4 days on market, this was a quick sale compared to typical market conditions.
Public Transportation, Park, Walk/Jog Trails, Bike Path, University
HOA Fee
$165
HOA Fee Frequency
Monthly
Association Amenities
Hot Water
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$99,999,999
Tax Year
2023
Tax Assessed Value
$0
Parcel Number
2134749
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Common Walls
End Unit, Corner
Disclosures
New condo conversion, taxes are estimated. Seller is a licensed real estate agent. Buyer to contribute to the reserve fund at closing; the amount is 2x condo fee.
Exclusions
Offers Reviewed As They Come In. The Seller Reserves The Right To Accept An Offer At Any Time.
Location
Loading map...
Neighborhood
20 Hancock Street # 1, Salem MA 01970
Salem, MA 01970
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$8,333,333
Homeowners Insurance$200
HOA Fee$165
PMI$0
Property History
Market Insights
3.3%
Price Range
5
Total Days on Market
Property Timeline
✓
Sold
Nov 2, 2023
$310,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Oct 21, 2023
$299,900
Original listing
Agent: Mark M. WadeOffice: Coldwell Banker Realty - Marblehead
