38 Lions Lane # 38, Salem MA 01970

Salem, MA 01970
$620,000
2
Beds
2.5
Baths
1,852
Sq Ft
$335
Price/Sq Ft
22.50
Acres
1987
Year Built
1
Garage Space
18
Days on Market
Sold Listed Aug 22, 2024 • MLS# 73280611 Copied! • Updated Oct 21, 2024

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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.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$335/sq ft
Area Median
$293/sq ft
Difference
+14.4%

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

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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Recently Sold Nearby

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

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

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
Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Off Street, Deeded, Guest, Driveway, Paved
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $5,791
Assessed Value $498,300

HOA & Community

HOA Fee $401 Monthly
Fee Includes Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Pool, Park
Optional Fee Includes None
Seller Disclosures No Open Houses, Text Or Email Listing Broker For Accompanied Showings
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 38
Sq Ft Source Public Record
Sq Ft Disclosures Living area does not include garage, patio and deck
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements, Certificate Of Insurance (5)
County Essex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Condominium
Listing Type
Sold
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

Floor Layout

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
School District
Salem School District local
B-
⚠ School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
↓ 1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
2.1 mi
Grades PK-08
The Greenhouse School
2.1 mi
Grades PK-08
C
Horace Mann Laboratory School
1.5 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.6 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
C+
Saltonstall School
2.5 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
B+
Bates School
3.0 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Carlton School
3.3 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
C+
Bentley Academy Innovation School
3.6 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
3.6 mi
107 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
B-
Collins Middle School
2.0 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
2.9 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.4 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

38 Lions Lane # 38, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Harry I. Pass
Listing Office Ocean Blue Real Estate LLC
Office Phone 781-367-4477
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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