24 Norman St # 110, Salem MA 01970

Salem, MA 01970
$275,000
Est. $1,464/month
1
Beds
1
Baths
517
Sq Ft
$532
Price/Sq Ft
1980
Year Built
Condominium
Type
4
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73194711

About this home

DOWNTOWN SALEM CONDO LOFT in highly sought-after downtown area of Salem. A rare opportunity for commuters and investors. This 1 bed, 1 bath condo features an open concept Loft with oversized windows and high ceilings allowing natural light to fill the unit. The condo is a short distance to the MBTA commuter Rail, Salem Ferry, Salem State University, Peabody Essex Museum, stores, restaurants, and all that downtown Salem has to offer. Laundry is located in the building. Off-Street parking permit for one car in the Riley Plaza lot. Professionally managed with low monthly condo fee.

Sale Statistics

Sale Overview
Original List Price: $269,000
Final Sale Price: $275,000
Difference: +$6,000 (+2.2%)
Performance Metrics
102.2%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $520
Sale $/sq ft: $532
This property sold for $532 per square foot
Sale Summary

This property sold for 2.2% 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.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1980
Bedrooms
1
Full Bathrooms
1
Living Area
517 sq ft
Total Rooms
3
Stories
2
Entry Level
1

Interior Features

Flooring
Wood, Tile, Vinyl, Carpet
Heating
Forced Air, Electric
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator
Laundry Features
Common Area, In Building
Basement Details
N

Exterior & Structure

Construction Materials
Brick, Stone
Roof
Rubber
Has Spa
No
Waterfront Features
Harbor, 3/10 to 1/2 Mile To Beach
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, T-Station, University
HOA Fee
$226
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,447
Tax Year
2023
Tax Assessed Value
$195,600
Parcel Number
M:26 L:0451 S:816,2132668
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
24 Norman Street Condominium
Disclosures
Sellers agent related to seller. Seller is a licensed real estate agent

Location

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Neighborhood

24 Norman St # 110, 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 $204
Homeowners Insurance $200
HOA Fee $226
PMI $0

Property History

Market Insights

2.2%
Price Range
5
Total Days on Market

Property Timeline

Sold
Mar 4, 2024
$275,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Jan 18, 2024
$269,000
Original listing
Agent: Steven Lynch Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Jan 18, 2024 New Listing Added $269,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$532

Tax History

Year Taxes Assessment
2023 $2,447 $195,600

Financial Details

Annual Property Tax
$2,447
Tax Year 2023
HOA Fee
$226
Monthly
Assessed Value
$195,600

Listing Information

Listing Agent Steven Lynch
Listing Office Real Broker MA, LLC
Agent MLS ID CT005938
Office MLS ID AN4866

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