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6 Majestic Way # 6, Salem MA 01970

Salem, MA 01970
$610,000
Est. $4,240/month
2
Beds
2.5
Baths
1,955
Sq Ft
$312
Price/Sq Ft
1986
Year Built
6
Days on Market
Closed Listed May 14, 2024 • MLS# 73237248 Copied!

About this home

Perfectly located within the sought-after Hamlet complex, this picture-perfect, OPEN CONCEPT 2-bedroom, 2.5 bath condo is nestled away in a tranquil setting ideal for bird watching, taking in the changing foliage or enjoying a morning walk, yet is so close to all the conveniences that living in the North Shore provides. Perfectly located less than 10 mins to the Commuter Rail, Vinnin Square, Whole Foods & all the restaurants & shopping that downtown Salem has to offer. Highlights inc: an Eat-In-Kitchen w/GAS COOKING, OPEN CONCEPT living/dining room w/wood burning fireplace, massive primary suite w/ jacuzzi tub, 2 private decks, 2 garage spaces & a bonus room in the finished lower level. This PET FRIENDLY (1 pet max) home checks all the boxes including CENTRAL A/C, plenty of storage, gleaming engineered hardwood floors (only 3 years old) and IN-UNIT LAUNDRY. All of this in a professionally managed association. Experience worry free living at its finest. Nothing to do but unpack and enjo

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1986
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,955 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $610,000
Difference: +$10,100 (+1.7%)
Performance Metrics
101.7%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $307
Sale $/sq ft: $312
This property sold for $312 per square foot
Sale Summary

This property sold for 1.7% 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.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$312/sq ft
Area Average
$264/sq ft
Difference
+18.3%

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

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1986
Living Area 1,955 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Engineered Hardwood, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Features Decorative Molding, Home Office, Central Vacuum

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Off Street, Tandem
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $5,975
Assessed Value $514,200

Interior Features

Flooring: Tile, Carpet, Engineered Hardwood, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features: Decorative Molding, Home Office, Central Vacuum
Windows:
Basement: Y
Laundry: In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Security: Security System

Construction & Materials

Year Built: 1986
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Under, Off Street, Tandem

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Private School, Public School, University

Location

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Neighborhood

6 Majestic Way # 6, 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 $498
Homeowners Insurance $200
HOA Fee $458/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

1.7%
Price Range
7
Total Days on Market

Property Timeline

Sold
Jun 25, 2024
$610,000
Property sold
Days on Market: 7
🏠
Listed for Sale
May 14, 2024
$599,900
Original listing
Agent: The Mavroules Team Office: Good Deeds Realty Partners

Price & Status History

Date Event Price Change
May 14, 2024 New Listing Added $599,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$312

Tax History

Year Taxes Assessment
2024 $5,975 $514,200

Financial Details

Annual Property Tax
$5,975
Tax Year 2024
HOA Fee
$458
Monthly
Assessed Value
$514,200

Listing Information

Listing Agent The Mavroules Team
Listing Office Good Deeds Realty Partners
Agent MLS ID TM003900
Office MLS ID AN7338
Listing Data Updated Jun 25, 2024 4:18 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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