Dimensions8 x 8
FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
8 Union Street # 3, Salem MA 01970
Salem, MA 01970
$585,000
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Sale Statistics
Sale Overview
Original List Price:
$599,000
Final Sale Price:
$585,000
Difference:
$14,000 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
41
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$413
Sale $/sq ft:
$403
This property sold for $403 per square foot
Sale Summary
This property sold for 2.3% below the original asking price.
The property spent 41 days on market before selling.
Nearby Sales Comparison
Based on 43 similar properties sold within 0.5 miles in the last 90 days
This Property
$403/sq ft
Area Median
$476/sq ft
Difference
15.4%
This property sold below the area median, potentially representing good value for the buyer.
About this home
TWO CAR PARKING! Awesome PENTHOUSE unit in the heart of Salem. Two story unit with open loft showcasing a perfect mix of old and new with cathedral beamed ceilings, original wood floors, brick walls, original fireplaces (aesthetic only) blended with modern updates including central air, in-unit laundry, open floor plan, well equipped kitchen with island. Two bedrooms on first level, updated full bath. Spacious loft could be used as bedroom, home office, or playroom. Shared outdoor area included. Unit has been freshly painted inside. Centrally located near everything Salem has to offer, minutes from shopping, dining, downtown, Salem Commons, Pickering Wharf, and 5 minutes to commuter rail.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
35.9%
Price Range
42
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Dec 11, 2024
$585,000
Property sold
Days on Market: 42
Listed for Sale
Oct 2, 2024
$585,000
Original listing
Agent: Pam Spiros
Office: Coldwell Banker Realty - Beverly
Previous Transaction - MLS #72072521
Full transaction history available when tracking began
Previously Sold
Nov 21, 2016
$374,990
MLS #72072521
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/11/2024 | ✓ Sold | $585,000 | - | - | Property sold |
| 10/02/2024 | 🏠 Listed for Sale | $585,000 | - | - | Original listing |
| 11/21/2016 | 🏷️ Previously Sold | $374,990 | - | - | MLS #72072521 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $5,618 | $483,500 |
Financial Details
Annual Property Tax
$5,618
Tax Year 2024
HOA Fee
$373
Monthly
Assessed Value
$483,500
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1900
Living Area
1,451 sq ft
Bedrooms
2
Full Baths
1
Total Rooms
5
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace
Dining Room
Fireplaces
2
Basement
Y
Laundry
First Floor, In Unit, Washer Hookup
Features
Beamed Ceilings, Closet, Loft
Exterior
Construction
Brick, Post & Beam
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Tandem, Deeded
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, Washer Hookup
Financial
Annual Tax
$5,618
Assessed Value
$483,500
HOA & Community
HOA Fee
$373 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
10
MA Disclosures
Seller Disclosures
Fireplaces Aesthetic Only
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Townhouse"]
Unit/Building
3
Sq Ft Source
Public Record
Documents
Master Deed (1)
County
Essex
Total market time (incl. prior listings)
42 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,451 sq ft
Total Rooms
5
Stories
2
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Dimensions12 x 14
FeaturesBeamed Ceilings, Flooring - Wood
LevelFirst
Dimensions15 x 12
FeaturesFlooring - Wood, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Gas Stove
LevelFirst
Dimensions15 x 12
FeaturesCloset, Flooring - Wood
LevelFirst
Dimensions12 x 11
FeaturesBeamed Ceilings, Closet, Flooring - Wood
LevelFirst
Dimensions16 x 12
FeaturesBeamed Ceilings, Closet, Flooring - Wood
LevelFirst
Display Options
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:
Wood, Tile
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Beamed Ceilings, Closet, Loft
Windows:
Skylight(s)
Basement:
Y
Laundry:
First Floor, In Unit, Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Effective Year (Renovated):
2009
Structure Type:
Townhouse
Exterior Materials:
Brick, Post & Beam
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 & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street, Tandem, Deeded
Special Features
Fireplaces:
2
Fireplace Type:
Dining Room
Community Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails
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-
Saltonstall School
0.6 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
B-
Carlton School
0.7 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.7 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
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
B+
Village School
1.8 mi
|
#253 of 824
|
Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students
Moderate
Grades 04-06
B+
Marblehead Community Charter Public School
2.1 mi
|
#115 of 352
|
Score: 48.0
Improved 94 spots from last year
-10.2 below state avg
192 students
Moderate
Rising School
Strong Attendance
Grades 04-08
High Schools
3 schools
B+
Salem Academy Charter School
0.4 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
Bishop Fenwick High School
1.7 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Location
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Neighborhood
8 Union Street # 3, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Pam Spiros
Listing Office
Coldwell Banker Realty - Beverly
Office Phone
978-927-1111
Agent MLS ID
C0001796
Office MLS ID
AN6191
Listing Data Updated
Dec 11, 2024 4:59 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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