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51 Hancock St # 3, Salem MA 01970

Salem, MA 01970
$450,000
Est. $2,395/month
2
Beds
1
Baths
995
Sq Ft
$452
Price/Sq Ft
1920
Year Built
Condominium
Type
12
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73262565

About this home

Historic charm meets modern comfort! This bright and airy unit features 2 bedrooms, 1 bathroom and just under 1,000sqft of living space. This home features gleaming hardwood floors and original architectural details alongside contemporary finishes. The updated kitchen boasts stainless steel appliances and ample storage. Both large bedrooms provide ample space for relaxation, while two separate outdoor spaces offer a private oasis. Enjoy peace of mind with your own dedicated parking spot, all while in close proximity to Salem's vibrant downtown. Easy access to renowned dining, shopping, museums, and the scenic waterfront. Don't miss this opportunity to experience the best of Salem living!

Sale Statistics

Sale Overview
Original List Price: $399,000
Final Sale Price: $450,000
Difference: +$51,000 (+12.8%)
Performance Metrics
112.8%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $401
Sale $/sq ft: $452
This property sold for $452 per square foot
Sale Summary

This property sold for 12.8% above the original asking price, indicating strong buyer demand.

With only 12 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
1920
Bedrooms
2
Full Bathrooms
1
Living Area
995 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Interior Features

Flooring
Hardwood, Vinyl / VCT
Heating
Forced Air, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Freezer, Dryer
Laundry Features
In Building
Basement Details
Y

Exterior & Structure

Has Spa
No
Waterfront Features
Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, T-Station, University
HOA Fee
$200
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,717
Tax Year
2024
Tax Assessed Value
$319,900
Parcel Number
2134697
Zoning
CD

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Easement from Canal St. for parking area.
Exclusions
Washer Is Excluded From Sale.

Location

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Neighborhood

51 Hancock St # 3, 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 $310
Homeowners Insurance $200
HOA Fee $200
PMI $0

Property History

Market Insights

11.3%
Price Range
19
Total Days on Market

Property Timeline

✓
Sold
Aug 16, 2024
$450,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Jul 10, 2024
$399,000
Original listing
Agent: Ricardo Rodriguez & Associates Group Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
Jul 10, 2024 New Listing Added $399,000 —

Market Statistics

Days on Market
12 days
Price per Sq Ft
$452

Tax History

Year Taxes Assessment
2024 $3,717 $319,900

Financial Details

Annual Property Tax
$3,717
Tax Year 2024
HOA Fee
$200
Monthly
Assessed Value
$319,900

Listing Information

Listing Agent Ricardo Rodriguez & Associates Group
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID TM347344
Office MLS ID AN6192

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