12 School St # 1, Salem MA 01970

Salem, MA 01970
$590,000
Est. $3,140/month
3
Beds
2
Baths
1,240
Sq Ft
$476
Price/Sq Ft
2015
Year Built
Condominium
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73261014

About this home

Welcome to 12 School St! Move right into this beautiful 3-bed, 2-bath condo located in North Salem. Built in 2015, this first floor unit features a bright, open concept, floor plan with hardwood floors, a kitchen perfect for entertaining, a master bedroom with ensuite bathroom, large custom closet, two additional bedrooms, a second full bath and a low $150 per month HOA fee! 12 School Street is an ideal location for commuters, just half a mile to the Commuter Rail and 10 minutes to Route 128. Walk downtown in just 10 minutes or easily escape to one of the many surrounding North Shore towns/beaches without the hassle of Salem traffic. This condo also offers ample storage with a large, dedicated space in the basement and back hallway closet. Outdoor features include two deeded parking spaces, a well-maintained yard with patio, and peaceful Patten Park across the street. Pets Allowed OH 7/13 12-2 & 7/14 11-1. Offers due 7/15 at 12pm.

Sale Statistics

Sale Overview
Original List Price: $579,900
Final Sale Price: $590,000
Difference: +$10,100 (+1.7%)
Performance Metrics
101.7%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $468
Sale $/sq ft: $476
This property sold for $476 per square foot
Sale Summary

This property sold for 1.7% above the original asking price, indicating strong buyer demand.

With only 20 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
2015
Bedrooms
3
Full Bathrooms
2
Living Area
1,240 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Wood, Tile
Heating
Central, Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Y

Exterior & Structure

Roof
Shingle
Exterior Features
Patio
Patio/Porch Features
Patio
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Golf, Medical Facility, House of Worship, Private School, Public School, T-Station
HOA Fee
$150
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,830
Tax Year
2024
Tax Assessed Value
$501,700
Parcel Number
4973500
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
12 School Street Condomimium
Disclosures
Landscaping and snow removal are the responsibility of all 3 unit owners. They do own a snow blower.
Listing Terms
Contract

Location

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Neighborhood

12 School St # 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 $486
Homeowners Insurance $200
HOA Fee $150
PMI $0

Property History

Market Insights

1.7%
Price Range
22
Total Days on Market

Property Timeline

Sold
Aug 23, 2024
$590,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jul 8, 2024
$579,900
Original listing
Agent: Cynda Rohmer Office: Sagan Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Jul 8, 2024 New Listing Added $579,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$476

Tax History

Year Taxes Assessment
2024 $5,830 $501,700

Financial Details

Annual Property Tax
$5,830
Tax Year 2024
HOA Fee
$150
Monthly
Assessed Value
$501,700

Listing Information

Listing Agent Cynda Rohmer
Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID B0660908
Office MLS ID AN4472

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