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33 1st St # A, Salem MA 01970

Salem, MA 01970
$500,000
Est. $3,556/month
2
Beds
2
Baths
1,528
Sq Ft
$327
Price/Sq Ft
1985
Year Built
108
Days on Market
Closed Listed Aug 22, 2024 • MLS# 73280869 Copied!

About this home

The Cloister Condominiums, a perfectly located home, features central AC (2021), forced hot air heating (2021), game room/loft, two bedrooms and two baths that are located on the entry floor. This home has been taken care of over the years, has recently been painted and is move in ready. The garage is accessed just off of the kitchen hallway and makes winter grocery getting a joy! Located less than a mile away from Home Depot, Shaws, TJ Max and Market Basket, trips for missing ingredients are a piece of cake. Being an end unit without anyone living upstairs is a great position in the complex. Unit can not be rented. Pet Restriction on dogs Measurement must be less than 12"x21". Unit has been freshly painted.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,528 sq ft
Total Rooms
6
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $500,000
Difference: +$1,000 (+0.2%)
Performance Metrics
100.2%
List to Sale Ratio
Sold above asking price
108
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $327
Sale $/sq ft: $327
This property sold for $327 per square foot
Sale Summary

This property sold for 0.2% above the original asking price, indicating strong buyer demand.

At 108 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$327/sq ft
Area Average
$264/sq ft
Difference
+24.0%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,528 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry First Floor
Features Den

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Off Street, Tandem
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,729
Assessed Value $407,000

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Den
Windows:
Basement: N
Laundry: First Floor
Security:

Construction & Materials

Year Built: 1985
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Off Street, Tandem

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Public School

Location

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Neighborhood

33 1st St # A, 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 $394
Homeowners Insurance $200
HOA Fee $434/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

0.2%
Price Range
109
Total Days on Market

Property Timeline

Sold
Jan 31, 2025
$500,000
Property sold
Days on Market: 109
🏠
Listed for Sale
Aug 22, 2024
$499,000
Original listing
Agent: Ruocco Group-LPT Office: LPT Realty, LLC

Price & Status History

Date Event Price Change
Aug 22, 2024 New Listing Added $499,000

Market Statistics

Days on Market
108 days
Price per Sq Ft
$327

Tax History

Year Taxes Assessment
2024 $4,729 $407,000

Financial Details

Annual Property Tax
$4,729
Tax Year 2024
HOA Fee
$434
Monthly
Assessed Value
$407,000

Listing Information

Listing Office LPT Realty, LLC
Agent MLS ID TM336786
Office MLS ID AN8227
Listing Data Updated Feb 2, 2025 4:58 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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