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55 Weatherly Drive # 55, Salem MA 01970

Salem, MA 01970
$500,000
Est. $4,003/month
3
Beds
3
Baths
2,220
Sq Ft
$225
Price/Sq Ft
1980
Year Built
71
Days on Market
Closed Listed Jul 9, 2024 • MLS# 73262055 Copied!

About this home

Enjoy a bit of the ‘New Hampshire woods ‘ in downtown Vinnin Square! This Dalton style condo offers wide open, bright interior spaces, a private balcony overlooking mature trees, and lots of room to move around in! Enjoy all the perks of community life with none of the responsibilities ! The well appointed main floor features open concept kitchen, living, and dining spaces, two full baths, laundry, a large primary suite, and a spacious second bedroom. Upstairs you’ll find a large family room with fireplace overlooking the living area below, along with an additional bedroom and full bath. With ample storage, this condo is perfect for those who love to travel - just lock the door and go! For outdoor enthusiasts, pool and tennis courts are right there for you to enjoy. You’re going to love it here!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
3
Full Bathrooms
3
Living Area
2,220 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $500,000
Difference: $75,000 (-13.0%)
Performance Metrics
87.0%
List to Sale Ratio
Sold below asking price
71
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $259
Sale $/sq ft: $225
This property sold for $225 per square foot
Sale Summary

This property sold for 13.0% below the original asking price.

The property spent 71 days on market before selling.

Nearby Sales Comparison

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

This Property
$225/sq ft
Area Average
$185/sq ft
Difference
+21.4%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 2,220 sq ft
Bedrooms 3
Full Baths 3
Total Rooms 6

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Fireplaces 1
Basement Y
Laundry Second Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Deck - Composite
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Deck - Composite

Parking

Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,314
Assessed Value $543,400

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry: Second Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1980
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s)

Location

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Neighborhood

55 Weatherly Drive # 55, 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 $526
Homeowners Insurance $200
HOA Fee $749/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

6.5%
Price Range
72
Total Days on Market

Property Timeline

Sold
Nov 1, 2024
$500,000
Property sold
Days on Market: 72
🏠
Listed for Sale
Jul 9, 2024
$535,000
Original listing
Agent: Jane Fields Office: RE/MAX Beacon

Price & Status History

Date Event Price Change
Jul 9, 2024 New Listing Added $535,000

Market Statistics

Days on Market
71 days
Price per Sq Ft
$225

Tax History

Year Taxes Assessment
2024 $6,314 $543,400

Financial Details

Annual Property Tax
$6,314
Tax Year 2024
HOA Fee
$749
Monthly
Assessed Value
$543,400

Listing Information

Listing Office RE/MAX Beacon
Agent MLS ID C0001905
Office MLS ID AN8171
Listing Data Updated Nov 1, 2024 4:03 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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