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11 Church Street # 506, Salem MA 01970

Salem, MA 01970
$450,000
Est. $3,550/month
2
Beds
2
Baths
969
Sq Ft
$464
Price/Sq Ft
1989
Year Built
18
Days on Market
Closed Listed Mar 6, 2024 • MLS# 73209287 Copied!

About this home

A bright and comfortable two-bedroom condo in the heart of downtown Salem that includes an indoor swimming pool, gym and community room. How can that be? The Essex has the feeling of a private club with keyless entry, gracious lobby, mailroom, club lounge, fitness center, elegant courtyard, and yes, an indoor pool! This condo also features an updated kitchen and open living/dining area, pretty city views, two updated full bathrooms, plenty of storage and additional storage area in the building, and in-unit laundry. With the Peabody Essex Museum, fun local shops, and a diverse array of excellent restaurants right out your door, this location can't be topped. Nearby waterfront and Commuter Rail access add to the package. This condo is the perfect place to easily enjoy all Salem has to offer.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1989
Bedrooms
2
Full Bathrooms
2
Living Area
969 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $399,000
Final Sale Price: $450,000
Difference: +$51,000 (+12.8%)
Performance Metrics
112.8%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $412
Sale $/sq ft: $464
This property sold for $464 per square foot
Sale Summary

This property sold for 12.8% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$464/sq ft
Area Average
$250/sq ft
Difference
+85.8%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1989
Living Area 969 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Forced Air
Cooling Central Air
Flooring Tile, Carpet, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Shingle, Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached
Total Spaces 1

Utilities

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

Financial

Annual Tax $4,136
Assessed Value $358,300

Interior Features

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

Construction & Materials

Year Built: 1989
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Shingle, Tar/Gravel
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached

Location

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Neighborhood

11 Church Street # 506, 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 $345
Homeowners Insurance $200
HOA Fee $730/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

16.9%
Price Range
20
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73362637
Full transaction history available when tracking began
🏷️
Previously Sold
May 29, 2025
$480,000
MLS #73362637
Sold
Apr 3, 2024
$450,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Mar 6, 2024
$399,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
May 29, 2025 Sold $480,000
Mar 6, 2024 New Listing Added $399,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$464

Tax History

Year Taxes Assessment
2024 $4,136 $358,300

Financial Details

Annual Property Tax
$4,136
Tax Year 2024
HOA Fee
$730
Monthly
Assessed Value
$358,300

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279
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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