11 Cedar St # 2, Salem MA 01970

Salem, MA 01970
$480,000
Est. $2,555/month
2
Beds
1.5
Baths
1,087
Sq Ft
$442
Price/Sq Ft
0.11
Acres
1915
Year Built
Condominium
Type
23
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73250516

About this home

If you’ve always wanted to live within walking distance of downtown Salem to have amazing shops and delicious restaurants close by, but not deal with all the headaches of finding off street parking, we have the perfect condo for you. This two bedroom (plus fantastic back office space), one full, and one half bath condo occupies the whole second floor of a historic 1915 home. You’ll love the historical charm of the hardwood floors, ornate radiator covers, millwork in the dining and bath rooms, and slate roof, combined with modern amenities like keyless entry, in-unit laundry, a Navien on demand tankless hot water heating system, nest thermostat, and stainless steel appliances including a gas range. With the added benefits of a locked storage space in the basement, and TWO (!!) OFF STREET PARKING SPOTS, this condo is yours for the taking.

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $480,000
Difference: $19,000 (-3.8%)
Performance Metrics
96.2%
List to Sale Ratio
Sold below asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $459
Sale $/sq ft: $442
This property sold for $442 per square foot
Sale Summary

This property sold for 3.8% below the original asking price.

With only 23 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
1915
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,087 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Interior Features

Flooring
Wood, Tile
Heating
Electric Baseboard, Hot Water, Unit Control
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Closet/Cabinets - Custom Built, Bonus Room
Laundry Features
In Unit
Basement Details
Y
Window Features
Window(s) - Bay/Bow/Box

Exterior & Structure

Construction Materials
Frame
Roof
Shingle, Slate
Has Spa
No
Waterfront Features
Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,970 sq ft
Lot Size Area
0.1100

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Tandem, Deeded

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University
HOA Fee
$190
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,975
Tax Year
2024
Tax Assessed Value
$428,100
Parcel Number
M:34 L:0048 S:802,4973513
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Common Walls
2+ Common Walls
Disclosures
Buyers and agents must verify all information and perform their own due diligence. Mini Split in living room needs full replacement. Window AC left as gift. Dining room table and chairs negotiable.
Listing Terms
Contract

Location

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Neighborhood

11 Cedar St # 2, 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 $415
Homeowners Insurance $200
HOA Fee $190
PMI $0

Property History

Market Insights

1.1%
Price Range
24
Total Days on Market

Property Timeline

Sold
Jul 15, 2024
$480,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Jun 11, 2024
$474,900
Original listing
Agent: Kristin Moore Office: Redfin Corp.

Price & Status History

Date Event Price Change
Jun 11, 2024 New Listing Added $474,900

Market Statistics

Days on Market
23 days
Price per Sq Ft
$442

Tax History

Year Taxes Assessment
2024 $4,975 $428,100

Financial Details

Annual Property Tax
$4,975
Tax Year 2024
HOA Fee
$190
Monthly
Assessed Value
$428,100

Listing Information

Listing Agent Kristin Moore
Listing Office Redfin Corp.
Agent MLS ID CN240926
Office MLS ID NB3534

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