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38 Gardner St # 38, Salem MA 01970

Salem, MA 01970
$485,000
Est. $3,241/month
3
Beds
1
Baths
1,505
Sq Ft
$322
Price/Sq Ft
0.12
Acres
1890
Year Built
19
Days on Market
Closed Listed Sep 3, 2024 • MLS# 73283291 Copied!

About this home

Charming 1505 sq ft, 3 bedroom townhouse condominium is a nice single family alternative. It offers a fantastic floor plan, featuring a large living room with lovely wood carved mantle, a cozy family room/office, a large dining room with built-in china cabinet, a sweet sun porch and a bright and airy kitchen! The 3 bedrooms are ample size with high ceilings and lots of natural light. Other features include a garage, new flooring in the kitchen, hardwood floors in the dining room, a fenced yard, in unit laundry and finished workroom the the basement. The exterior is low maintenance vinyl siding and walkup attic has a finished room and has potential for additional expansion. There is plenty of room for everyone, including your pet. Located just a half mile from the downtown, restaurants and a half mile to the beach and Forest River Park. The property is in walking distance to the proposed South Salem Commuter Rail Station.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1890
Bedrooms
3
Full Bathrooms
1
Living Area
1,505 sq ft
Total Rooms
9
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $463,500
Final Sale Price: $485,000
Difference: +$21,500 (+4.6%)
Performance Metrics
104.6%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $308
Sale $/sq ft: $322
This property sold for $322 per square foot
Sale Summary

This property sold for 4.6% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$322/sq ft
Area Average
$310/sq ft
Difference
+3.7%

This property sold slightly above the area average for similar homes.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1890
Living Area 1,505 sq ft
Lot Size 0.12 acres
Bedrooms 3
Full Baths 1
Total Rooms 9

Interior

Heating Forced Air, Natural Gas, Unit Control
Cooling Window Unit(s)
Flooring Carpet, Hardwood, Vinyl / Vct, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Home Office, Sun Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Porch - Enclosed, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Enclosed

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Off Street
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,658
Assessed Value $400,900

Interior Features

Flooring: Carpet, Hardwood, Vinyl / VCT, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: Home Office, Sun Room
Windows:
Basement: Y
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1890
Effective Year (Renovated): 2002
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Unit Control
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Porch - Enclosed, Fenced Yard
Patio & Porch: Porch, Enclosed
Fencing: Fenced
Other Structures: Workshop
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 3
Parking Features: Detached, Off Street

Location

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Neighborhood

38 Gardner St # 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 $388
Homeowners Insurance $200
HOA Fee $200/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

4.4%
Price Range
21
Total Days on Market

Property Timeline

Sold
Nov 4, 2024
$485,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Sep 3, 2024
$463,500
Original listing
Agent: Kate Richard Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Sep 3, 2024 New Listing Added $463,500

Market Statistics

Days on Market
19 days
Price per Sq Ft
$322

Tax History

Year Taxes Assessment
2024 $4,658 $400,900

Financial Details

Annual Property Tax
$4,658
Tax Year 2024
HOA Fee
$200
Per month
Assessed Value
$400,900

Listing Information

Listing Agent Kate Richard
Listing Office J. Barrett & Company
Agent MLS ID C9501258
Office MLS ID C95245
Listing Data Updated Nov 4, 2024 3:47 PM 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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