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21 Mall St # 2, Salem MA 01970

Salem, MA 01970 • Salem Neck
$480,000
Est. $3,233/month
2
Beds
2
Baths
1,007
Sq Ft
$477
Price/Sq Ft
0.06
Acres
1800
Year Built
9
Days on Market
Closed Listed Jun 5, 2024 • MLS# 73247313 Copied!

About this home

Move in, unpack & enjoy your summer! This turn-key, sunny & bright corner unit in prime location is completely ready for you with spacious rooms, hardwood floors, granite & stainless kitchen, off-street parking, in-unit laundry, two NESTS & separate storage. Situated on the second & top floor, the main level features a living room that fits large scale furniture, TV and a front-facing bay-window alcove, an ideal spot to work from home. Entertaining is easy in the kitchen with generous counter/prep space & a pass-thru to a separate dining room large enough to host group gatherings. A full bath off the kitchen completes this floor. Upstairs are two good-sized bedrooms, subway-tiled full bath, convenient full-size washer & dryer & another cleverly designed work-from-home area. Pet friendly too! All this on a quiet side street a block from Salem Common & close to Salem's best shops & restaurants. With the commuter rail 1/2 mile away, Boston is just 35 minutes away. Open Sun 6/9 10-12.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1800
Bedrooms
2
Full Bathrooms
2
Living Area
1,007 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $469,000
Final Sale Price: $480,000
Difference: +$11,000 (+2.3%)
Performance Metrics
102.3%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $466
Sale $/sq ft: $477
This property sold for $477 per square foot
Sale Summary

This property sold for 2.3% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 20 similar properties sold within 0.5 miles in the last 90 days

This Property
$477/sq ft
Area Average
$364/sq ft
Difference
+31.1%

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 1800
Living Area 1,007 sq ft
Lot Size 0.06 acres
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer

Financial

Annual Tax $4,297
Assessed Value $369,800

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1800
Effective Year (Renovated): 2003
Structure Type: Low-Rise, Duplex
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

Salem Neck

21 Mall 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 $358
Homeowners Insurance $200
HOA Fee $248/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

2.3%
Price Range
10
Total Days on Market

Property Timeline

Sold
Jul 11, 2024
$480,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Jun 5, 2024
$469,000
Original listing
Agent: Joanne Adduci Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Jun 5, 2024 New Listing Added $469,000

Market Statistics

Days on Market
9 days
Price per Sq Ft
$477

Tax History

Year Taxes Assessment
2024 $4,297 $369,800

Financial Details

Annual Property Tax
$4,297
Tax Year 2024
HOA Fee
$248
Monthly
Assessed Value
$369,800

Listing Information

Listing Agent Joanne Adduci
Listing Office Leading Edge Real Estate
Agent MLS ID CT000330
Office MLS ID AN4638
Listing Data Updated Jul 11, 2024 11:44 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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