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38 Lions Lane # 38, Salem MA 01970

Salem, MA 01970
$620,000
Est. $4,219/month
2
Beds
2.5
Baths
1,852
Sq Ft
$335
Price/Sq Ft
22.50
Acres
1987
Year Built
18
Days on Market
Closed Listed Aug 22, 2024 • MLS# 73280611 Copied!

About this home

Renovated and rarely available end-unit townhouse at the Highland Condominiums with great views and privacy from all 3 floors overlooking a peaceful wooded area. Features include an updated kitchen with granite countertops, stainless appliances, glass tile backsplash, white cabinets, as well as a large first floor family room with doors leading to a new enlarged private patio and professionally landscaped yard. There is also a primary bedroom with ensuite bath, a llving room with fireplace and sliders leading to an oversized deck, granite counters in all 3 bathrooms, new Anderson windows throughout, newer heating and Carrier a/c systems, newer hot water tank, custom window treatments, electric skylight, 2 ceiling fans, iwave air purifier, central vac and an attached 1 car garage, plus guest parking. Enjoy on-site amenities such as an outdoor swimming pool, gazebo, walking area and dog park

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,852 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $620,000
Difference: +$20,100 (+3.4%)
Performance Metrics
103.4%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $324
Sale $/sq ft: $335
This property sold for $335 per square foot
Sale Summary

This property sold for 3.4% above the original asking price, indicating strong buyer demand.

With only 18 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 1
Total Rooms 6

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vacuum System
Fireplace None
Fireplaces 1
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Features Storage, Bonus Room, Central Vacuum

Exterior

Construction None
Architecture None
Roof None
Features Deck, Patio
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Deck, Patio

Parking

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

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,791
Assessed Value $498,300

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vacuum System
Interior Features: Storage, Bonus Room, Central Vacuum
Windows: Insulated Windows
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Security:

Construction & Materials

Year Built: 1987
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

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

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, University

Location

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Neighborhood

38 Lions Lane # 38, 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 $483
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

3.2%
Price Range
20
Total Days on Market

Property Timeline

Sold
Oct 21, 2024
$620,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Aug 22, 2024
$599,900
Original listing
Agent: Harry I. Pass Office: Ocean Blue Real Estate LLC

Price & Status History

Date Event Price Change
Aug 22, 2024 New Listing Added $599,900

Market Statistics

Days on Market
18 days
Price per Sq Ft
$335

Tax History

Year Taxes Assessment
2024 $5,791 $498,300

Financial Details

Annual Property Tax
$5,791
Tax Year 2024
HOA Fee
$401
Monthly
Assessed Value
$498,300

Listing Information

Agent MLS ID NB113153
Office MLS ID AN6623
Listing Data Updated Oct 21, 2024 9:45 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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