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1 Indian Hill Lane # 101, Salem MA 01970

Salem, MA 01970
$585,000
Est. $4,031/month
2
Beds
3
Baths
1,852
Sq Ft
$316
Price/Sq Ft
22.50
Acres
1987
Year Built
20
Days on Market
Closed Listed Jul 25, 2024 • MLS# 73269198 Copied!

About this home

Unique end unit townhome with sunlit rooms throughout! New windows throughout this lovely home with great addition of 1/4 bath on on main living area; wonderful eat-in kitchen with Merilatt oak cabinets with double windows over stainless steel sink; 4 windows in main bedroom; family room on first level features a half bath, walk in closet and sliding glass door leading to a lovely landscaped yard. Common areas include outdoor swimming pool, doggie park, great area for walking.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
2
Living Area
1,852 sq ft
Total Rooms
5
Stories
3
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $604,900
Final Sale Price: $585,000
Difference: $19,900 (-3.3%)
Performance Metrics
96.7%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $327
Sale $/sq ft: $316
This property sold for $316 per square foot
Sale Summary

This property sold for 3.3% below the original asking price.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 1,852 sq ft
Lot Size 22.50 acres
Bedrooms 2
Full Baths 2
Half Baths 2
Total Rooms 5

Interior

Heating Central, Heat Pump, Electric
Cooling Central Air, Heat Pump, Individual
Flooring Tile, Carpet, Concrete, Hardwood, Flooring - Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Dining Room, Living Room
Fireplaces 1
Basement N
Laundry Third Floor, In Unit, Electric Dryer Hookup
Features Bathroom - 1/4, 1/4 Bath, Central Vacuum

Exterior

Construction Frame, Block
Architecture None
Roof Shingle
Features Patio, Balcony, Gazebo, Screens, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Garage Door Opener, Storage, Off Street, Deeded, Common, Guest, Driveway, Paved
Total Spaces 2

Utilities

Electric 220 Volts, Circuit Breakers, 150 Amp Service
Water Public, Individual Meter
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $5,664
Assessed Value $487,400

Interior Features

Flooring: Tile, Carpet, Concrete, Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bathroom - 1/4, 1/4 Bath, Central Vacuum
Windows: Insulated Windows, Screens
Basement: N
Laundry: Third Floor, In Unit, Electric Dryer Hookup
Security: Security System

Construction & Materials

Year Built: 1987
Structure Type: Townhouse
Exterior Materials: Frame, Block
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air, Heat Pump, Individual
Cooling Zones: 1
Hot Water:
Water Source: Public, Individual Meter
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Balcony, Gazebo, Screens, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall
Patio & Porch: Patio
Fencing:
Other Structures: Gazebo
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Garage Door Opener, Storage, Off Street, Deeded, Common, Guest, Driveway, Paved

Special Features

Fireplaces: 1
Fireplace Type: Dining Room, Living Room
Community Amenities: Public Transportation, Shopping, Pool, Park

Location

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Neighborhood

1 Indian Hill Lane # 101, 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 $472
Homeowners Insurance $200
HOA Fee $401/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

2.3%
Price Range
22
Total Days on Market

Property Timeline

Sold
Oct 3, 2024
$585,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Jul 25, 2024
$599,000
Original listing
Agent: Cynthia Anselmo Office: East Coast Properties

Price & Status History

Date Event Price Change
Jul 25, 2024 New Listing Added $599,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$316

Tax History

Year Taxes Assessment
2024 $5,664 $487,400

Financial Details

Annual Property Tax
$5,664
Tax Year 2024
HOA Fee
$401
Monthly
Assessed Value
$487,400

Listing Information

Agent MLS ID C0347670
Office MLS ID C27300
Listing Data Updated Oct 3, 2024 5:34 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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