410 Loring Avenue, Salem MA 01970

Salem, MA 01970
$880,000
Est. $4,684/month
8
Beds
3
Baths
3,669
Sq Ft
$240
Price/Sq Ft
0.00
Acres
1929
Year Built
Multi Family
Type
14
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73220205

About this home

This sounds like an incredible opportunity! With 3 levels of living space totaling approximately 3,600 square feet, this property offers plenty of room for comfortable living. The location in a private setting adds to the appeal, providing a peaceful atmosphere. The layout seems well-designed, especially with the identical layouts on the first and second floors, each featuring a living room, dining room, family room, 3 bedrooms, and 1 bath. The addition of a brand-new third level adds even more value and versatility to the property. The owner's unit, spanning 2 levels and featuring 5 bedrooms and 2 full baths, offers ample space and amenities. Central FHA heat and central AC ensure year-round comfort for residents. The presence of a 2-car garage in excellent condition, along with 4 additional parking spaces, is a significant advantage, providing convenience and ample storage options for vehicles and other belongings. Overall, this property seems like a fantastic investment opportunity!

Sale Statistics

Sale Overview
Original List Price: $875,410
Final Sale Price: $880,000
Difference: +$4,590 (+0.5%)
Performance Metrics
100.5%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $239
Sale $/sq ft: $240
This property sold for $240 per square foot
Sale Summary

This property sold for 0.5% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1929
Bedrooms
8
Full Bathrooms
3
Living Area
3,669 sq ft
Total Rooms
19
Stories
3
Levels
3

Interior Features

Flooring
Tile, Concrete, Varies, Laminate, Hardwood
Heating
Central, Hot Water, Natural Gas, Individual, Forced Air
Has Heating
Yes
Cooling
None, Central Air, Individual
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Dining Room, Kitchen, Family Room, Loft
Basement Details
Full, Walk-Out Access
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Patio/Porch Features
Porch, Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.00 acres
Lot Size
6 sq ft
Lot Size Area
0.0000
Lot Features
Corner Lot
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
6
Parking Features
Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, House of Worship, Marina, Public School, University, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,986
Tax Year
2024
Tax Assessed Value
$859,400
Parcel Number
2133708
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Flood Insurance required, See Attached Quote from a National Company. Buyer will be responsible to finish the covering of ductwork and plumbing pipes. Property to be sold in as is condition. Garage is attached in the back to neighbor's garage. Offers due on Tuesday 4/9 by 12:00 noon.

Location

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Neighborhood

410 Loring Avenue, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $832
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.5%
Price Range
15
Total Days on Market

Property Timeline

Sold
Jul 3, 2024
$880,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Apr 4, 2024
$875,410
Original listing
Agent: Gustavo Veloz Office: COM-PRO Real Estate Services, Inc

Price & Status History

Date Event Price Change
Apr 4, 2024 New Listing Added $875,410

Market Statistics

Days on Market
14 days
Price per Sq Ft
$240

Tax History

Year Taxes Assessment
2024 $9,986 $859,400

Financial Details

Annual Property Tax
$9,986
Tax Year 2024
Assessed Value
$859,400

Listing Information

Listing Agent Gustavo Veloz
Listing Office COM-PRO Real Estate Services, Inc
Agent MLS ID BB981046
Office MLS ID B95159

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