Welcome home to the 4-year old modern unit at The Residence at 92 North with private entrance! Perfect for professional looking for easy-living, first-time homebuyer, student or down-sizing. The unit features an open first floor plan with kitchen and living room for easy living and entertainment. Kitchen has stainless steel appliances and quartz countertops. Hardwood floors and recessed lighting throughout. Bedroom with deep closet on 2nd floor. Custom bathroom with tiled shower and upgraded finishes. In-unit stackable washer & dryer. Deeded parking space. Exclusive storage in basement. Prime location! 6-minute walk to Commuter Rail/Bus Station. Enjoy Salem’s historical and active downtown including shopping, museums, nightlife, restaurants, and parks – just a 10-minute walk away! Great investment property. No need to pay rent! Unit located in rear of building away from the street.
Sale Statistics
Sale Overview
Original List Price:$320,000
Final Sale Price:$345,000
Difference:
+$25,000 (+7.8%)
Performance Metrics
107.8%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$561
Sale $/sq ft:$605
This property sold for $605 per square foot
Sale Summary
This property sold for 7.8% above the original asking price, indicating strong buyer demand.
With only 11 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
1900
Bedrooms
1
Full Bathrooms
1
Living Area
570 sq ft
Total Rooms
3
Stories
2
Entry Level
1
Interior Features
Heating
Ductless
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
Interior Features
Internet Available - Unknown
Laundry Features
Washer Hookup, Second Floor, In Unit
Basement Details
N
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Has Spa
No
Waterfront Features
Ocean, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.10 acres
Lot Size
4,177 sq ft
Lot Size Area
0.1000
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Deeded
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, University
HOA Fee
$200
HOA Fee Frequency
Monthly
Association Amenities
Storage
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,233
Tax Year
2023
Tax Assessed Value
$258,400
Parcel Number
M:26 L:0391 S:804,5156781
Zoning
B1
Additional Details
Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Building Name
The Residence At 92 North
Common Walls
Corner
Disclosures
Buyer/Agent to do own due diligence. Seller to pay his portion for basement sealing work at closing. 2020 development included new plumbing, electrical, heating/cooling systems, roof, vinyl siding and windows. Electronic recording & security devices at door and in unit.
Location
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Neighborhood
92 North St # 4, 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$269
Homeowners Insurance$200
HOA Fee$200
PMI$0
Property History
Market Insights
7.2%
Price Range
12
Total Days on Market
Property Timeline
✓
Sold
Mar 22, 2024
$345,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Feb 15, 2024
$320,000
Original listing
Agent: Marina TramontozziOffice: True North Realty
