Move-in Ready 7 room Raised Ranch nestled in South Salem near Vinnin Square and Forest River Reservation, this home offers such versatility. Presently configured as a 2 bedroom it effortlessly lends itself to accommodating a 3RD BEDROOM in the current dining/family room off the kitchen, with the added possibility of creating an inviting IN-LAW suite on the lower level. The kitchen is open to the gas-fireplaced living room and has nice Cherry cabinets, updated appliances and space for a table. A tranquil backyard oasis with a Trex deck and storage shed complements the open-plan living area and kitchen. The primary bedroom features a spacious walk-in closet. Both levels have full bathrooms. The lower level’s flex space has as an office, workshop, and family room fireplace and access to the attached garage. Recent updates include fresh interior paint, high-efficiency gas heating, how water heater, Central Air and appealing Vinyl shingles.
Sale Statistics
Sale Overview
Original List Price:$599,900
Final Sale Price:$700,000
Difference:
+$100,100 (+16.7%)
Performance Metrics
116.7%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$268
Sale $/sq ft:$313
This property sold for $313 per square foot
Sale Summary
This property sold for 16.7% above the original asking price, indicating strong buyer demand.
With only 6 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1956
Bedrooms
2
Full Bathrooms
2
Living Area
2,236 sq ft
Total Rooms
7
Interior Features
Flooring
Tile, Hardwood, Flooring - Stone/Ceramic Tile
Heating
Baseboard
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Family Room, Living Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Home Office
Laundry Features
In Basement
Basement Details
Full, Finished
Window Features
Insulated Windows
Exterior & Structure
Architectural Style
Raised Ranch
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck, Deck - Composite
Patio/Porch Features
Deck, Deck - Composite
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.24 acres
Lot Size
10,502 sq ft
Lot Size Area
0.2400
Road Frontage Type
Public
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
3
Parking Features
Attached, Under, Paved Drive, Off Street
Covered Parking Spaces
1
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Bike Path, Conservation Area
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,237
Tax Year
2024
Tax Assessed Value
$622,800
Parcel Number
M:22 L:0139,2130609
Zoning
R1
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Central Air on the upper floor. Lower floor keeps cool. Knob to turn on gas fireplace needs to be replaced.
Location
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Neighborhood
South Salem
3 Pershing Road, 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$603
Homeowners Insurance$200
PMI$0
Property History
Market Insights
14.3%
Price Range
7
Total Days on Market
Property Timeline
✓
Sold
Apr 29, 2024
$700,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Mar 20, 2024
$599,900
Original listing
Agent: Linda HayesOffice: William Raveis R.E. & Home Services
