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12 School St # 1, Salem MA 01970

Salem, MA 01970
$590,000
3
Beds
2
Baths
1,240
Sq Ft
$476
Price/Sq Ft
2015
Year Built
2
Parking
20
Days on Market
Closed Listed Jul 8, 2024 • MLS# 73261014 Copied! • Updated Aug 23, 2024

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.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$476/sq ft
Area Average
$410/sq ft
Difference
+16.1%

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

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.

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Recently Sold Nearby

Property History

Market Insights

33.9%
Price Range
22
Total Days on Market
1
Previous Sales

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
Previous Transaction - MLS #72467470
Full transaction history available when tracking began
🏷️
Previously Sold
May 6, 2019
$390,124
MLS #72467470

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2015
Living Area 1,240 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio
Features Off Street, Tandem, Deeded
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
Annual Tax $5,830
Assessed Value $501,700

HOA & Community

HOA Fee $150 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure
Amenities None
Optional Fee Includes None
Seller Disclosures Landscaping And Snow Removal Are The Responsibility Of All 3 Unit Owners. They Do Own A Snow Blower.
Possession None
Accepted Financing Contract
Structure Type ["2\/3 Family"]
Unit/Building 1
Sq Ft Source Field Card
Documents Master Deed, Rules & Regs (2)
County Essex
Total market time (incl. prior listings) 22 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2015
Bedrooms
3
Full Bathrooms
2
Living Area
1,240 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - Tiled With Shower Stall
Bedroom3
Ceiling Fan(s), Flooring - Hardwood
Kitchen
Flooring - Hardwood, Open Floorplan, Gas Stove
Bathroom2
Bathroom - Full, Bathroom - Tiled With Tub
Bedroom2
Ceiling Fan(s), Flooring - Hardwood
Living Room
Ceiling Fan(s), Flooring - Hardwood
Master Bedroom
Bathroom - Full, Ceiling Fan(s), Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Dining Room
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 2015
Effective Year (Renovated): 2015
Structure Type: 2/3 Family
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

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

Parking & Garage

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

12 School St # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office Sagan Harborside Sotheby's International Realty
Office Phone 781-631-8800
Agent MLS ID B0660908
Office MLS ID AN4472
Listing Data Updated Aug 23, 2024 1:03 PM 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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