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107 Leach St # 1, Salem MA 01970

Salem, MA 01970
$683,500
Est. $4,003/month
2
Beds
2
Baths
1,042
Sq Ft
$656
Price/Sq Ft
1920
Year Built
54
Days on Market
Closed Listed Mar 14, 2024 • MLS# 73212509 Copied!

About this home

LAST UNIT REMAINING! Indulge in the allure of Salem's recently redesigned contemporary condominium residences, where waterfront views become an integral part of your daily life. The pride of workmanship from this local development team comes with no details to spare. Wake up with a warm cup of coffee on a brisk summer morning in New England, and enjoy on your private balcony. Be prepared be enthralled by the breathtaking scenery of Palmer Cove that unfolds before you, this is the prime opportunity for embracing waterfront living at its finest. The contemporary kitchen comes equipped with stainless steel appliances, quartz countertops, & brand-new hardwood floors that grace the entire residence. Revel in the convenience of two full bathrooms, and two generous sized bedrooms which create a flexible floor-plan for working at home or a guest bedroom. New plumbing, electrical, HVAC, windows, exterior, roofing & so much more. Come visit today and experience the North Shore lifestyle.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
1,042 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $689,000
Final Sale Price: $683,500
Difference: $5,500 (-0.8%)
Performance Metrics
99.2%
List to Sale Ratio
Sold below asking price
54
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $661
Sale $/sq ft: $656
This property sold for $656 per square foot
Sale Summary

This property sold for 0.8% below the original asking price.

The property spent 54 days on market before selling.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$656/sq ft
Area Average
$336/sq ft
Difference
+95.3%

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 1920
Living Area 1,042 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features Patio, Balcony
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2024
Structure Type: 2/3 Family
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Harbor
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Public School, T-Station, University

Location

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Neighborhood

107 Leach St # 1, 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

3 schools
B-
Saltonstall School
0.3 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
The Greenhouse School
1.0 mi
Grades PK-08
C-
Horace Mann Laboratory School
1.2 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
M

Middle Schools

3 schools
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
B+
Village School
1.2 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
1.6 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

3 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
1.3 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
A-
Marblehead High School
1.6 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

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 $0
Homeowners Insurance $200
HOA Fee $347/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

55
Total Days on Market

Property Timeline

Sold
May 30, 2024
$683,500
Property sold
Days on Market: 55
🏠
Listed for Sale
Mar 14, 2024
$683,500
Original listing
Agent: The Movement Group Office: Compass

Price & Status History

Date Event Price Change
Mar 14, 2024 New Listing Added $683,500

Market Statistics

Days on Market
54 days
Price per Sq Ft
$656

Tax History

Year Taxes Assessment
Tax history not available

Financial Details

Annual Property Tax
$0
HOA Fee
$347
Monthly
Assessed Value
$0

Listing Information

Listing Agent The Movement Group
Listing Office Compass
Agent MLS ID TM331585
Office MLS ID AN2383
Listing Data Updated May 30, 2024 11:39 AM EDT
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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