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13 Spring St # 3, Salem MA 01970

Salem, MA 01970
$718,250
Est. $4,866/month
2
Beds
2
Baths
1,690
Sq Ft
$425
Price/Sq Ft
0.17
Acres
1920
Year Built
23
Days on Market
Closed Listed May 17, 2024 • MLS# 73240037 Copied!

About this home

Experience Luxurious Living in this well-appointed 2 Bed, 2 Bath Penthouse Unit offering picturesque water views of Collins Cove. Key features include a State-of-the-Art Kitchen outfitted with stainless appliances and Quartz countertops, ideal for any home chef. Spacious and bright open floor plan with high ceilings, custom built-ins, gas fireplace, hardwood floors, office nook perfect for remote work or study, and bathrooms with high end finishes for a spa-like experience. A comprehensive renovation in 2019 include a rubber roof and Hardie Board siding for long-lasting durability. Spacious storage area in the basement and two deeded off street parking spots. Close to the commuter rail for easy access to Boston, the scenic waterfront, and vibrant downtown Salem. Don’t miss the opportunity to make this stunning penthouse your new home, where luxury meets convenience and breathtaking views await. Respectfully, no Escalation clauses and no Love Letters.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
1,690 sq ft
Total Rooms
5
Stories
3
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $699,900
Final Sale Price: $718,250
Difference: +$18,350 (+2.6%)
Performance Metrics
102.6%
List to Sale Ratio
Sold above asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $414
Sale $/sq ft: $425
This property sold for $425 per square foot
Sale Summary

This property sold for 2.6% above the original asking price, indicating strong buyer demand.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property
$425/sq ft
Area Average
$358/sq ft
Difference
+18.8%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,690 sq ft
Lot Size 0.17 acres
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Bathroom - Full, Flooring - Stone/ceramic Tile, Third Floor, In Unit
Features Closet, Recessed Lighting, Office

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Deck - Composite, Patio, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite, Patio

Parking

Features Off Street, Deeded, Paved
Total Spaces 2

Utilities

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

Financial

Annual Tax $7,605
Assessed Value $654,500

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
Interior Features: Closet, Recessed Lighting, Office
Windows: Insulated Windows
Basement: Y
Laundry: Bathroom - Full, Flooring - Stone/Ceramic Tile, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2019
Structure Type: Detached, Garden
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Composite, Patio, Professional Landscaping
Patio & Porch: Deck - Composite, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Deeded, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Marina, Private School, Public School, T-Station, University

Location

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Neighborhood

13 Spring St # 3, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

3 schools
B-
Carlton School
0.3 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.5 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.5 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

2 schools
C+
Collins Middle School
1.2 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Village School
2.0 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

3 schools
B+
Salem Academy Charter School
0.7 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
Bishop Fenwick High School
1.6 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.9 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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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 $634
Homeowners Insurance $200
HOA Fee $400/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

2.6%
Price Range
24
Total Days on Market

Property Timeline

Sold
Jul 12, 2024
$718,250
Property sold
Days on Market: 24
🏠
Listed for Sale
May 17, 2024
$699,900
Original listing
Agent: Joyce Sullivan Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
May 17, 2024 New Listing Added $699,900

Market Statistics

Days on Market
23 days
Price per Sq Ft
$425

Tax History

Year Taxes Assessment
2024 $7,605 $654,500

Financial Details

Annual Property Tax
$7,605
Tax Year 2024
HOA Fee
$400
Monthly
Assessed Value
$654,500

Listing Information

Listing Agent Joyce Sullivan
Listing Office Keller Williams Realty Evolution
Agent MLS ID C8001298
Office MLS ID AN6886
Listing Data Updated Jul 13, 2024 7:51 AM 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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