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11 Olde Village Dr # 11, Salem MA 01970

Salem, MA 01970
$530,000
Est. $3,741/month
3
Beds
2.5
Baths
1,854
Sq Ft
$286
Price/Sq Ft
1986
Year Built
13
Days on Market
Closed Listed Aug 14, 2024 • MLS# 73277947 Copied!

About this home

Welcome to The Highlands at Salem. This charming 3 level townhome in one of Salem's most highly desirable townhome communities is now ready for its next owner to enjoy and to make it their own. The eat in kitchen was just renovated with NEW beautiful light Maple cabinetry and luxurious white quartz countertops and new dishwasher. The kitchen opens into a spacious open concept dining and fireplaced living room with access to the deck where you can sip your morning coffee. The 3rd level is comprised of a primary bedroom with a renovated full bath and plenty of closet space, another large bedroom with ample closet space and a full bath and laundry closet. The lower level consists of a 1 car garage, a 1/2 bath and a bonus room for either an office, den or bedroom. GREAT LOCATION! New heating & cooling system and newer hot water heater and windows. No OPEN HOUSES allowed by HOA. Schedule an appointment thru ShowingTime.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1986
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,854 sq ft
Total Rooms
5
Stories
3
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $530,000
Difference: $45,000 (-7.8%)
Performance Metrics
92.2%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $310
Sale $/sq ft: $286
This property sold for $286 per square foot
Sale Summary

This property sold for 7.8% below the original asking price.

With only 13 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 1986
Living Area 1,854 sq ft
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 5

Interior

Heating Central, Electric, Gravity
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Dishwasher, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry In Unit, Electric Dryer Hookup
Features Central Vacuum, Internet Available - Unknown

Exterior

Construction Frame, Stone
Architecture None
Roof Shingle
Features None
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Off Street, Paved
Total Spaces 2

Utilities

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

Financial

Annual Tax $5,661
Assessed Value $487,200

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Washer, Dryer
Interior Features: Central Vacuum, Internet Available - Unknown
Windows: Insulated Windows
Basement: N
Laundry: In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1986
Structure Type: Townhouse
Exterior Materials: Frame, Stone
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Electric, Gravity
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Under, Garage Door Opener, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University

Location

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Neighborhood

11 Olde Village Dr # 11, 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 $389/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

1%
Price Range
14
Total Days on Market

Property Timeline

Sold
Sep 26, 2024
$530,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Aug 14, 2024
$524,900
Original listing
Agent: Button and Co. Office: LAER Realty Partners

Price & Status History

Date Event Price Change
Aug 14, 2024 New Listing Added $524,900

Market Statistics

Days on Market
13 days
Price per Sq Ft
$286

Tax History

Year Taxes Assessment
2024 $5,661 $487,200

Financial Details

Annual Property Tax
$5,661
Tax Year 2024
HOA Fee
$389
Monthly
Assessed Value
$487,200

Listing Information

Listing Agent Button and Co.
Listing Office LAER Realty Partners
Agent MLS ID TM333920
Office MLS ID AN1207
Listing Data Updated Sep 27, 2024 1:14 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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