12 Union Street # 1, Salem MA 01970

Salem, MA 01970
$460,000
Est. $2,448/month
2
Beds
1
Baths
850
Sq Ft
$541
Price/Sq Ft
1850
Year Built
Condominium
Type
16
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73244874

About this home

This LOCATION is where you want to start your summer. A stone's throw from Salem Common and the Salem Waterfront, with coffee shops, dining, and shopping around the corner, you can step outside and enjoy being in the center of it all. An updated open layout kitchen/living/dining area and lots of windows and large pantry makes this condo feel bigger than its square feet. The primary bedroom has two walk-in closets and custom privacy blinds. The second bedroom is spacious enough for a bedroom or home office and additional walk-in closet. An updated full bathroom, in-unit laundry, additional basement storage and off-street parking spot add to the value. Clean, updated, pleasant, and in a location that can't be beat. Come see this gem!

Sale Statistics

Sale Overview
Original List Price: $439,000
Final Sale Price: $460,000
Difference: +$21,000 (+4.8%)
Performance Metrics
104.8%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $516
Sale $/sq ft: $541
This property sold for $541 per square foot
Sale Summary

This property sold for 4.8% above the original asking price, indicating strong buyer demand.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1850
Bedrooms
2
Full Bathrooms
1
Living Area
850 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Interior Features

Flooring
Wood, Tile
Heating
Central, Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
First Floor, In Unit
Basement Details
Y
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Has Spa
No
Waterfront Features
Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Bike Path
HOA Fee
$292
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,317
Tax Year
2024
Tax Assessed Value
$371,500
Tax Lot
810
Tax Block
0281
Tax Map Number
35
Parcel Number
4782042
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Union Street Condominium
Disclosures
No more than two ordinary domestic pets, Living Room is virtually staged. Some seepage in basement.

Location

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Neighborhood

12 Union Street # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $360
Homeowners Insurance $200
HOA Fee $292
PMI $0

Property History

Market Insights

4.6%
Price Range
18
Total Days on Market

Property Timeline

Sold
Jun 28, 2024
$460,000
Property sold
Days on Market: 18
🏠
Listed for Sale
May 30, 2024
$439,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
May 30, 2024 New Listing Added $439,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$541

Tax History

Year Taxes Assessment
2024 $4,317 $371,500

Financial Details

Annual Property Tax
$4,317
Tax Year 2024
HOA Fee
$292
Per month
Assessed Value
$371,500

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279

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