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20 Loring Ave # 1, Salem MA 01970

Salem, MA 01970
$350,000
2
Beds
1
Baths
788
Sq Ft
$444
Price/Sq Ft
0.21
Acres
1900
Year Built
3
Parking
28
Days on Market
Closed Listed Aug 8, 2024 • MLS# 73275625 Copied! • Updated Sep 23, 2024

Sale Statistics

Sale Overview
Original List Price: $350,000
Final Sale Price: $350,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $444
Sale $/sq ft: $444
This property sold for $444 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 28 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$444/sq ft
Area Average
$214/sq ft
Difference
+107.0%

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

About this home

FRESHLY PAINTED FIRST FLOOR END-UNIT CONDOMINIUM with two bedrooms and one bathroom NEAR DOWNTOWN. There is THREE-CAR DRIVEWAY PARKING JUST FOR THIS UNIT ALONE, and a convenient PRIVATE SIDEENTRANCE TO UNIT. The NEWLY CONSTRUCTED FRONT PORCH entrance was just completed. Unit has ALL NEW WINDOWS, CEILING FANS, ELECTRICAL OUTLETS, and SWITCHES. Features a comfortable LIVING ROOM and DINING AREA with HARDWOOD FLOORING and an ENCLOSED BACK PORCH. The hot water radiators have been sandblasted and restored with three coats of paint. Includes PRIVATE LAUNDRY, OUTDOOR YARD SPACE, and BASEMENT STORAGE. Close to PUBLIC TRANSPORTATION and SALEM HARBOR with beaches, pools, playground, basketball court, baseball field, and trails. The $210/month homeowner’s association fee covers landscaping, snow removal, exterior maintenance, water/sewer, master insurance, and reserve funds. EXTERIOR PAINTING JUST COMPLETED! Price reflects upgrades needed in kitchen and bathroom.

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Recently Sold Nearby

Property History

Market Insights

5.7%
Price Range
29
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Sep 23, 2024
$350,000
Property sold
Days on Market: 29
🏠
Listed for Sale
Aug 8, 2024
$350,000
Original listing
Agent: Michael Consoli Office: Consoli Realty Group
Previous Transaction - MLS #73105940
Full transaction history available when tracking began
🏷️
Previously Sold
May 31, 2023
$330,000
MLS #73105940

Tax History

Year Taxes Assessment
2025 $3,883 $323,800

Financial Details

Annual Property Tax
$3,883
Tax Year 2025
HOA Fee
$210
Monthly
Assessed Value
$323,800

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 788 sq ft
Lot Size 0.21 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Hot Water, Natural Gas
Cooling None
Flooring Wood, Hardwood
Appliances None
Fireplace None
Basement Y
Laundry In Basement, In Building
Features Sun Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, Tandem, Assigned
Total Spaces 3
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven
Annual Tax $3,883
Assessed Value $323,800

HOA & Community

HOA Fee $210 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities None
Optional Fee Includes None
Owner-Occupied Units 2
Seller Disclosures Owner/seller Is A Licensed Real Estate Agent
Possession None
Accepted Financing Contract
Structure Type ["2\/3 Family"]
Unit/Building 1
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 29 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
788 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Room Details

First Floor

Bathroom1
Bathroom - Full
Kitchen
Exterior Access
Bedroom2
Ceiling Fan(s), Closet
Living Room
Ceiling Fan(s), Flooring - Hardwood, Cable Hookup
Master Bedroom
Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Hardwood
Appliances:
Interior Features: Sun Room
Windows:
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1900
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street, Tandem, Assigned

Nearby Schools

School information not available for this location.

Location

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Neighborhood

20 Loring Ave # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Michael Consoli
Listing Office Consoli Realty Group
Office Phone 978-376-5755
Agent MLS ID C8002722
Office MLS ID AC2458
Listing Data Updated Sep 23, 2024 12:54 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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