55 Weatherly Drive # 55, Salem MA 01970

Salem, MA 01970
$500,000
3
Beds
3
Baths
2,220
Sq Ft
$225
Price/Sq Ft
1980
Year Built
1
Garage Space
71
Days on Market
Sold Listed Jul 9, 2024 • MLS# 73262055 Copied! • Updated Nov 1, 2024

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

This Property
$225/sq ft
Area Median
$335/sq ft
Difference
32.9%

This property sold below the area median, potentially representing good value for the buyer.

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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Recently Sold Nearby

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

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

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
Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $6,314
Assessed Value $543,400

HOA & Community

HOA Fee $749 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities Pool, Tennis Court(s), Clubhouse
Optional Fee Includes None
Seller Disclosures One Pet Is Allowed With Condo Approval. Rental Of Unit Is Allowed With 30+ Day Lease.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 55
Sq Ft Source Field Card
Sq Ft Disclosures Primary bath has stand alone shower and separate tub.
Documents None
County Essex
Total market time (incl. prior listings) 72 days

Property Overview

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

Floor Layout

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)
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Greenhouse School
1.2 mi
Grades PK-08
The Phoenix School
2.5 mi
Grades PK-08
C-
Horace Mann Laboratory School
1.5 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Saltonstall School
2.2 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
2.2 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
Carlton School
3.4 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
3.4 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
3.4 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
3.4 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
2.0 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
2.5 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.4 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

55 Weatherly Drive # 55, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office RE/MAX Beacon
Office Phone 978-219-0011
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.

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