Welcome to The Balcomb in North Salem! Located on a quiet one-way street, this meticulously maintained and affordable condominium is only 1/2 mile from the Salem commuter rail, downtown, the ocean, and highways! The nicely sized 1 bed, 1 bath top floor unit offers tons of natural light, a cozy living area with sliders leading to a private balcony, and a spacious bedroom with double closets. Pets are allowed with restrictions (under 35 lbs). Heat and hot water are included in the condo fee! Unit has 1 deeded off street parking space + visitor parking. The professionally managed building includes an immaculate common laundry and lounge area, plus a private assigned 10x4 storage unit. Bonus outdoor area includes common BBQ and patio space. Subject to seller finding suitable housing. Commuter open house Thursday 1/4 5-6 & Saturday 1/6 12-2.
Sale Statistics
Sale Overview
Original List Price:$310,000
Final Sale Price:$320,000
Difference:
+$10,000 (+3.2%)
Performance Metrics
103.2%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$438
Sale $/sq ft:$453
This property sold for $453 per square foot
Sale Summary
This property sold for 3.2% above the original asking price, indicating strong buyer demand.
With only 15 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
1980
Bedrooms
1
Full Bathrooms
1
Living Area
707 sq ft
Total Rooms
4
Stories
1
Entry Level
3
Interior Features
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s), Wall Unit(s), Unit Control
Has Cooling
Yes
Has Fireplace
No
Interior Features
Internet Available - Unknown
Laundry Features
In Basement, Common Area, In Building
Basement Details
Y
Exterior & Structure
Construction Materials
Brick
Roof
Shingle
Exterior Features
Patio, Balcony, Garden
Patio/Porch Features
Patio
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.00 acres
Lot Size
0 sq ft
Lot Size Area
0.0000
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned, Deeded, Guest
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, University
HOA Fee
$371
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Laundry, Clubroom, Storage, Garden Area
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,190
Tax Year
2023
Tax Assessed Value
$255,000
Parcel Number
M:17 L:0314 S:822,2129728
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
The Balcomb
Common Walls
No One Above
Attached Property
Yes
Disclosures
Assigned exterior parking space #7. Appliances to remain. Pets allowed with restrictions (under 35 lbs). Only 2 units can be rented at any given time; currently 2 units being rented so buyer must be owner occupant.
Location
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Neighborhood
31 Symonds St # 22, 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$266
Homeowners Insurance$200
HOA Fee$371
PMI$0
Property History
Market Insights
3.1%
Price Range
18
Total Days on Market
Property Timeline
✓
Sold
Feb 6, 2024
$320,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Jan 3, 2024
$310,000
Original listing
Agent: Emily GonzalezOffice: The Proper Nest Real Estate
