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11 Church St # 702, Salem MA 01970

Salem, MA 01970
$460,000
Est. $3,672/month
2
Beds
2
Baths
953
Sq Ft
$483
Price/Sq Ft
1989
Year Built
15
Days on Market
Closed Listed Feb 13, 2024 • MLS# 73201955 Copied!

About this home

Perfectly situated in the heart of Salem, this highly coveted penthouse unit in the Essex Condominium bathed in sunlight, offering 2 bedrooms and 2 baths. With an open floor plan, cathedral ceiling, & a generous living room featuring a single door leading to a Juliet Balcony, you can enjoy views of the private courtyard. The sky-lit kitchen is ideal for entertaining, providing ample counter space for cooking, preparing, & serving guests. The oversized bedrooms boast abundant closet space, each accompanied by its own bath. In-unit laundry adds convenience to the picture. Revel in the professionally managed association amenities, including an indoor pool, fitness center, jacuzzi, clubroom, game room, & library. Unwind in the private courtyard or explore the vibrant lifestyle of Salem. Just steps away from your front door, downtown awaits with shopping, the renowned Peabody-Essex Museum, cafes, coffee shops, chic boutiques, numerous restaurants, the commuter rail, & historic landmarks.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1989
Bedrooms
2
Full Bathrooms
2
Living Area
953 sq ft
Total Rooms
4
Stories
1
Entry Level
7

Sale Statistics

Sale Overview
Original List Price: $425,000
Final Sale Price: $460,000
Difference: +$35,000 (+8.2%)
Performance Metrics
108.2%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $446
Sale $/sq ft: $483
This property sold for $483 per square foot
Sale Summary

This property sold for 8.2% 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.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$483/sq ft
Area Average
$272/sq ft
Difference
+77.4%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1989
Living Area 953 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas, Unit Control
Cooling Central Air, Unit Control
Flooring Tile, Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Washer/dryer
Fireplace None
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup
Features Elevator

Exterior

Construction Stone
Architecture None
Roof Shingle, Rubber
Features Garden, Rain Gutters, Professional Landscaping
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None

Parking

Has Garage Yes
Features Attached, Common, Off Street, Rented, Leased
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $4,331
Assessed Value $372,700

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Washer/Dryer
Interior Features: Elevator
Windows: Insulated Windows
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup
Security: Intercom

Construction & Materials

Year Built: 1989
Structure Type: Mid-Rise
Exterior Materials: Stone
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Unit Control
Heating Zones: 2
Cooling: Central Air, Unit Control
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Garden, Rain Gutters, Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Common, Off Street, Rented, Leased

Location

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Neighborhood

11 Church St # 702, 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
0.8 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
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
C+
Bentley Academy Innovation School
0.9 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
0.9 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
1.1 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
1.3 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
1.4 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
0.8 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
0.6 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
1.4 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 $361
Homeowners Insurance $200
HOA Fee $785/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

7.6%
Price Range
16
Total Days on Market

Property Timeline

Sold
Mar 15, 2024
$460,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Feb 13, 2024
$425,000
Original listing
Agent: Sean K Connelly Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Feb 18, 2026 Sold $475,000
Feb 13, 2024 New Listing Added $425,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$483

Tax History

Year Taxes Assessment
2024 $4,331 $372,700

Financial Details

Annual Property Tax
$4,331
Tax Year 2024
HOA Fee
$785
Monthly
Assessed Value
$372,700

Listing Information

Listing Agent Sean K Connelly
Listing Office William Raveis R.E. & Home Services
Agent MLS ID C8000743
Office MLS ID M95385
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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