FeaturesBathroom - Full
LevelSecond
5 School Street # 8, Salem MA 01970
Salem, MA 01970
$480,000
Track this home for price, status, and open-house alerts.
Sale Statistics
Sale Overview
Original List Price:
$449,000
Final Sale Price:
$480,000
Difference:
+$31,000 (+6.9%)
Performance Metrics
106.9%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$338
Sale $/sq ft:
$361
This property sold for $361 per square foot
Sale Summary
This property sold for 6.9% above the original asking price, indicating strong buyer demand.
With only 16 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 15 similar properties sold within 0.5 miles in the last 90 days
This Property
$361/sq ft
Area Median
$508/sq ft
Difference
29.0%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Spacious 2-3 bedroom, 1.5 bath townhouse located in the historic Cogswell School in North Salem. This beautiful corner unit features a gas fireplace and has a wonderful floor plan with soaring ceilings and lots natural sunlight. Many updates include a custom kitchen with stainless appliances, granite countertops and a breakfast bar. Located off the kitchen is a private office, dining room, or 3rd bedroom. In unit laundry. Central air conditioning and central vac! Well managed owner association with a reasonable condo fee. Two deeded parking spaces. There is a balcony is off the main living area offering outdoor space. This townhouse is steps from the commuter rail and everything that Salem has to offer.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
6.5%
Price Range
18
Total Days on Market
Property Timeline
Sold
Oct 24, 2024
$480,000
Property sold
Days on Market: 18
Listed for Sale
Sep 9, 2024
$449,000
Original listing
Agent: Deborah Terlik
Office: Keller Williams Realty Evolution
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/24/2024 | ✓ Sold | $480,000 | - | - | Property sold |
| 09/09/2024 | 🏠 Listed for Sale | $449,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $4,449 | $382,900 |
Financial Details
Annual Property Tax
$4,449
Tax Year 2024
HOA Fee
$442
Monthly
Assessed Value
$382,900
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1862
Living Area
1,329 sq ft
Bedrooms
2
Full Baths
1
Half Baths
1
Total Rooms
5
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Flooring - Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Fireplaces
1
Basement
N
Laundry
Second Floor, In Unit
Features
Closet, Office, Central Vacuum
Exterior
Construction
Brick
Architecture
None
Roof
Shingle
Features
Deck
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Deeded
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,449
Assessed Value
$382,900
HOA & Community
HOA Fee
$442 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
7
MA Disclosures
Seller Disclosures
Some Photos Are Virtually Staged.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Townhouse"]
Unit/Building
8
Sq Ft Source
Field Card
Documents
Master Deed, Rules & Regs (2)
County
Essex
Total market time (incl. prior listings)
18 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1862
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,329 sq ft
Total Rooms
5
Stories
2
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
FeaturesSkylight, Closet, Flooring - Hardwood
LevelSecond
FeaturesSkylight, Walk-In Closet(s), Flooring - Hardwood
LevelSecond
FeaturesBathroom - Half
LevelFirst
FeaturesFlooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
LevelFirst
FeaturesCeiling Fan(s), Flooring - Hardwood, Balcony / Deck, French Doors, Cable Hookup, Recessed Lighting
LevelFirst
FeaturesCloset, Flooring - Hardwood
LevelFirst
FeaturesNo
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Flooring - Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Closet, Office, Central Vacuum
Windows:
Basement:
N
Laundry:
Second Floor, In Unit
Security:
Construction & Materials
Year Built:
1862
Effective Year (Renovated):
1980
Structure Type:
Townhouse
Exterior Materials:
Brick
Roof:
Shingle
Foundation:
Stories:
2
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Deck
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Deeded
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Public Transportation, Shopping, Park, Private School, Public School, T-Station
Nearby Schools
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
Elementary Schools
3 schools
B+
Bates School
0.5 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
The Phoenix School
0.6 mi
Grades PK-08
C
Thomas Carroll School
0.7 mi
|
#611 of 824
|
Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
3 schools
C+
Collins Middle School
1.0 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
J. Henry Higgins Middle School
1.9 mi
|
#240 of 352
|
Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students
Diverse
Grades 06-08
B+
Village School
2.6 mi
|
#253 of 824
|
Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students
Moderate
Grades 04-06
High Schools
3 schools
Bishop Fenwick High School
0.9 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
B+
Salem Academy Charter School
1.2 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
1.6 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
Learn about these ratings
Location
Loading map...
Neighborhood
5 School Street # 8, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Deborah Terlik
Listing Office
Keller Williams Realty Evolution
Office Phone
978-927-8700
Agent MLS ID
C2501271
Office MLS ID
C95098
Listing Data Updated
Oct 24, 2024 1:37 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Salem.