1 Indian Hill Lane # 101, Salem MA 01970

Salem, MA 01970

$585,000

Est. $4,031/month

Beds

Baths

1,852

Sq Ft

$316

Price/Sq Ft

22.50

Acres

1987

Year Built

Condominium

Type

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

Full Bathrooms

Half Bathrooms

Living Area

1,852 sq ft

Total Rooms

Stories

Entry Level

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

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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Monthly Payment Calculator

Monthly Payment

Principal, interest, taxes & insurance

Loan Amount

After down payment

Total Interest

Over life of loan

Total Cost

Including down payment

Home Price

Down Payment

Down: $0

Interest Rate

Loan Term

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

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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

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

Date	Event	Price	Change	$/sqft	Details
10/03/2024	✓ Sold	$585,000	-	-	Property sold
07/25/2024	🏠 Listed for Sale	$599,000	-	-	Original listing

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

Listing Agent Cynthia Anselmo

Listing Office East Coast Properties

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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1 Indian Hill Lane # 101, Salem MA 01970

About this home

Property Overview

Sale Statistics

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

Walkability

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