Gorgeous, sun-filled 2-bed condo located near Downtown Salem. Nothing to do but move in and enjoy this chic space overflowing with character. Open-concept dining and living rooms featuring high ceilings, skylight and gleaming hardwood floors. Newly refaced kitchen cabinets offering ss appliances and beautiful butcher block countertops. Two spacious, yet cozy bedrooms create perfectly serene spaces. Nice-sized bath boasting new vanity and new modern finishes. Truly stunning, 6-month-old, two-tier Timbertech Azek Deck adds lots of additional relaxing and entertaining space with a lovely view. In-unit laundry. 1 off-street parking space. First showing at OH Sat 3/30 12-1:30, OH Sun 3/31 10:30-11:30.
Sale Statistics
Sale Overview
Original List Price:$499,900
Final Sale Price:$525,000
Difference:
+$25,100 (+5.0%)
Performance Metrics
105.0%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$465
Sale $/sq ft:$489
This property sold for $489 per square foot
Sale Summary
This property sold for 5.0% 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.
Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
N
Exterior & Structure
Construction Materials
Frame
Roof
Shingle, Rubber
Exterior Features
Deck - Composite
Patio/Porch Features
Deck - Composite
Has Spa
No
Waterfront Features
Ocean, Unknown To Beach
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Deeded
Utilities & Systems
Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$269
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,353
Tax Year
2024
Tax Assessed Value
$460,700
Parcel Number
M:25 L:0098 S:803,2131418
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
The Gaffney House Condominiums
Common Walls
No One Above
Exclusions
Mounted Televisions And Personal Belongings
Listing Terms
Contract
Location
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Neighborhood
396 Essex St # 3, 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$446
Homeowners Insurance$200
HOA Fee$269
PMI$0
Property History
Market Insights
4.8%
Price Range
20
Total Days on Market
Property Timeline
✓
Sold
Apr 23, 2024
$525,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Mar 27, 2024
$499,900
Original listing
Agent: Donna FiandacaOffice: Coldwell Banker Realty - Lynnfield
