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3 Essex St # 2, Salem MA 01970

Salem, MA 01970
$490,000
Est. $3,319/month
3
Beds
1
Baths
938
Sq Ft
$522
Price/Sq Ft
0.09
Acres
1900
Year Built
20
Days on Market
Closed Listed May 1, 2024 • MLS# 73231749 Copied!

About this home

Exceptional find in the heart of Salem, this immaculate 3-bedroom condo boasts a one-of-a-kind retro style that sets it apart from the ordinary, step into a world where charm meets modern convenience. The spacious living area is adorned with vintage accents, seamlessly blended with contemporary finishes, creating a warm and inviting atmosphere. The well-appointed kitchen features unique appliances and ample counter space. What truly sets this condo apart is the captivating water view from the private balcony. With three generously sized bedrooms, each offering abundant natural light and ample storage, there's plenty of space to personalize and make it your own. Convenient in unit laundry, 2 parking spaces & basement storage. Located in sought-after area of Salem, this condo offers not only a unique living experience but also the convenience of being in close proximity to local amenities, parks, and vibrant cultural attractions. Don't miss out!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
938 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $490,000
Difference: $9,900 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $533
Sale $/sq ft: $522
This property sold for $522 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$522/sq ft
Area Average
$373/sq ft
Difference
+39.8%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 938 sq ft
Lot Size 0.09 acres
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,221
Assessed Value $337,400

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1900
Structure Type: 2/3 Family
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Location

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Neighborhood

3 Essex St # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

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 $352
Homeowners Insurance $200
HOA Fee $290/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

2%
Price Range
21
Total Days on Market

Property Timeline

Sold
Jun 11, 2024
$490,000
Property sold
Days on Market: 21
🏠
Listed for Sale
May 1, 2024
$499,900
Original listing
Agent: Patricia Nunez Office: Redfin Corp.

Price & Status History

Date Event Price Change
May 1, 2024 New Listing Added $499,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$522

Tax History

Year Taxes Assessment
2023 $4,221 $337,400

Financial Details

Annual Property Tax
$4,221
Tax Year 2023
HOA Fee
$290
Monthly
Assessed Value
$337,400

Listing Information

Listing Agent Patricia Nunez
Listing Office Redfin Corp.
Agent MLS ID CN206323
Office MLS ID NB3534
Listing Data Updated Jun 11, 2024 3:33 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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