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10 Norman St # 203, Salem MA 01970

Salem, MA 01970
$325,000
1
Beds
1
Baths
812
Sq Ft
$400
Price/Sq Ft
0.00
Acres
1980
Year Built
1
Parking
134
Days on Market
Closed Listed Aug 28, 2024 • MLS# 73282554 Copied! • Updated Feb 4, 2025

Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $325,000
Difference: $74,900 (-18.7%)
Performance Metrics
81.3%
List to Sale Ratio
Sold below asking price
134
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $492
Sale $/sq ft: $400
This property sold for $400 per square foot
Sale Summary

This property sold for 18.7% below the original asking price.

At 134 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property
$400/sq ft
Area Average
$264/sq ft
Difference
+51.8%

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

About this home

Downtown Salem: One bedroom, one bath condo in close proximity to shops, restaurants, commuter and downtown events. Garden style unit on the 2nd floor, 2 wall air-conditioners, open concept layout, lots of closet space, large livingroom/diningroom combination, large bedroom, in-unit laundry in bathroom, Unit needs carpet replacement window thermal seals have failed. Building amenities include welcoming foyer, elevator, exercise room, sauna, laundry and club room. Outdoor patio with bench seating to enjoy the outdoors. Assigned parking in space #60 and storage locker #2 are deeded with the condo. Condo fee includes the gas heat and hot water for the unit. One cat is allowed as a pet with condo board approval. Well maintained facilities consist of 10 Norman and 9 & 11 Barton Square.

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Recently Sold Nearby

Property History

Market Insights

7.1%
Price Range
100
Total Days on Market

Property Timeline

Sold
Jan 31, 2025
$325,000
Property sold
Days on Market: 100
🏠
Listed for Sale
Aug 28, 2024
$349,900
Original listing
Agent: Virginia Carson Office: Tache Real Estate, Inc.

Tax History

Year Taxes Assessment
2024 $3,483 $299,700

Financial Details

Annual Property Tax
$3,483
Tax Year 2024
HOA Fee
$341
Monthly
Assessed Value
$299,700

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 812 sq ft
Lot Size 0.0000
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Vinyl, Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio
Features Assigned, Guest, Paved
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $3,483
Assessed Value $299,700

HOA & Community

HOA Fee $341 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Laundry, Elevator(s), Fitness Center, Sauna/steam, Clubroom, Storage
Optional Fee Includes None
Seller Disclosures Carpeting Needs Replacement. Window Seals Have Failed. 25% Down Payment Needed, Contact Listing Agent.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 203
Sq Ft Source Master Deed
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Essex
Total market time (incl. prior listings) 100 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
1
Full Bathrooms
1
Living Area
812 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Room Details

Second Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower
Kitchen
Flooring - Vinyl, Dining Area
Living Room
Flooring - Wall to Wall Carpet
Master Bedroom
Closet, Flooring - Wall to Wall Carpet

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl, Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1980
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Baseboard, Natural Gas
Cooling: Wall Unit(s)
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

Total Parking Spaces: 1
Parking Features: Assigned, Guest, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

10 Norman St # 203, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office Tache Real Estate, Inc.
Office Phone 978-745-2004
Agent MLS ID C2712712
Office MLS ID C86500
Listing Data Updated Feb 4, 2025 11:49 AM EST
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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