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10 1/2 Herbert St # 21, Salem MA 01970

Salem, MA 01970
$309,000
Est. $2,174/month
1
Beds
1
Baths
494
Sq Ft
$626
Price/Sq Ft
1900
Year Built
7
Days on Market
Closed Listed Feb 5, 2024 • MLS# 73199446 Copied!

About this home

Come see this newly renovated 1BR, 1BA condo in the Richard Manning condominiums. Once called home to the famous Nathaniel Hawthorne, its prime location can’t be beat. Centrally positioned between Pickering Wharf, Salem Commons and Downtown Salem, the areas amenities are vast. Just moments from multiple beaches, you’ll smell the ocean air from your deck or through the windows of your updated unit. With fresh paint throughout including an accent wall in the living room and modern features which bring functionality and purpose, your stage is set for success. Updated cabinets and beautiful new countertops are complimented by up lighting, an LED lit faucet and stainless steel appliances. The bedroom is complete with a custom headboard and lighting feature that serves as the centerpiece of the room. This unit really isn’t to be missed. Stop renting and start gaining equity. Join us for the open houses this weekend Sat 1-3 & Sun 11-1 or schedule your private showing today!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
494 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $299,000
Final Sale Price: $309,000
Difference: +$10,000 (+3.3%)
Performance Metrics
103.3%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $605
Sale $/sq ft: $626
This property sold for $626 per square foot
Sale Summary

This property sold for 3.3% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$626/sq ft
Area Average
$363/sq ft
Difference
+72.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 494 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Wood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Patio, Storage
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio

Parking

Features Rented
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,359
Assessed Value $203,000

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Building
Security:

Construction & Materials

Year Built: 1900
Structure Type: Low-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Patio, Storage
Patio & Porch: Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Rented

Location

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Neighborhood

10 1/2 Herbert St # 21, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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
1.1 mi
Grades PK-08
The Greenhouse School
1.7 mi
Grades PK-08
B-
Saltonstall School
0.6 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
C+
Bentley Academy Innovation School
0.7 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.7 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.7 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B+
Bates School
1.2 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
C-
Horace Mann Laboratory School
1.5 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.6 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

1 school
C+
Collins Middle School
1.0 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.4 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.6 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 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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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $197
Homeowners Insurance $200
HOA Fee $215/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

10.7%
Price Range
9
Total Days on Market

Property Timeline

Current Active Listing - MLS #73510034
Full transaction history available when tracking began
🏡
Currently Listed
Apr 30, 2026
$335,000
MLS #73510034 - Active
Sold
Feb 23, 2024
$309,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Feb 5, 2024
$299,000
Original listing
Agent: Farrar Realty Group Office: Atlantic Coast Homes,Inc

Price & Status History

Date Event Price Change
Apr 30, 2026 Sold $335,000
Feb 5, 2024 New Listing Added $299,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$626

Tax History

Year Taxes Assessment
2024 $2,359 $203,000

Financial Details

Annual Property Tax
$2,359
Tax Year 2024
HOA Fee
$215
Monthly
Assessed Value
$203,000

Listing Information

Listing Agent Farrar Realty Group
Listing Office Atlantic Coast Homes,Inc
Agent MLS ID TM333642
Office MLS ID AC1991
Listing Data Updated Feb 24, 2024 12:11 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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