Located on Derby Street in historic Salem, MA, this beautifully appointed condominium offers modern living in a prime downtown location. The sunlit, open-concept living space boasts hardwood floors and high ceilings, leading to a gourmet kitchen with stainless steel appliances, quartz countertops, and ample cabinetry. Spacious bedrooms feature generous closet space, while designer bathrooms provide sleek fixtures and spa-like finishes. Just steps from the waterfront, shops, restaurants, and iconic landmarks, this condo community includes secured entry, deeded 2 car garage parking, and additional storage. Exclusive use patio. Experience the best of Salem's charm and culture right at your doorstep! This Newly constructed 5-unit complex offers a rare opportunity to live near it all!
Sale Statistics
Sale Overview
Original List Price:$899,000
Final Sale Price:$820,000
Difference:
$79,000 (-8.8%)
Performance Metrics
91.2%
List to Sale Ratio
Sold below asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$624
Sale $/sq ft:$569
This property sold for $569 per square foot
Sale Summary
This property sold for 8.8% below the original asking price.
The property spent 50 days on market before selling.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
2024
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,441 sq ft
Total Rooms
6
Stories
2
Entry Level
1
Interior Features
Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Range Hood
Laundry Features
Electric Dryer Hookup, Washer Hookup, First Floor
Basement Details
Y
Window Features
Insulated Windows, Screens
Door Features
Insulated Doors
Accessibility Features
No
Exterior & Structure
Construction Materials
Frame
Roof
Shingle, Other
Exterior Features
Screens, Rain Gutters
Has Spa
No
Waterfront Features
Ocean, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
