LevelFourth Floor
10 Norman Street # 402, Salem MA 01970
Salem, MA 01970
$417,500
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Sale Statistics
Sale Overview
Original List Price:
$439,000
Final Sale Price:
$417,500
Difference:
$21,500 (-4.9%)
Performance Metrics
95.1%
List to Sale Ratio
Sold below asking price
49
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$413
Sale $/sq ft:
$392
This property sold for $392 per square foot
Sale Summary
This property sold for 4.9% below the original asking price.
The property spent 49 days on market before selling.
Nearby Sales Comparison
Based on 40 similar properties sold within 0.5 miles in the last 90 days
This Property
$392/sq ft
Area Median
$435/sq ft
Difference
9.8%
This property sold near the area median for similar homes.
About this home
Unique opportunity to live in the heart of downtown Salem! Within 5 minutes you can walk to the cafes, restaurants, shops and museums as well as the Commuter Rail Station or Salem Ferry. This two bedroom two bath unit is situated away from the street and has an open living concept between the living room, dining area and kitchen. It has an in-unit washer/dryer. Other amenities include an elevator, exercise room and use of the Heritage Room. The condo fee includes heat and hot water. One car deeded parking plus generous guest parking. The unit was recently painted and has new carpeting in the living room, dining area and guest bedroom. The pet policy allows for one cat subject to approval of the Trustees. As two bedroom units seldom come up for sale at Heritage Plaza, you may want to make an appointment to see it soon.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
4.9%
Price Range
51
Total Days on Market
Property Timeline
Sold
Jan 10, 2025
$417,500
Property sold
Days on Market: 51
Listed for Sale
Oct 24, 2024
$439,000
Original listing
Agent: Daniel Devan
Office: Gibson Sotheby's International Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/10/2025 | ✓ Sold | $417,500 | - | - | Property sold |
| 10/24/2024 | 🏠 Listed for Sale | $439,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $4,169 | $358,800 |
Financial Details
Annual Property Tax
$4,169
Tax Year 2024
HOA Fee
$438
Monthly
Assessed Value
$358,800
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1980
Living Area
1,064 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Baseboard, Natural Gas
Cooling
Wall Unit(s), Unit Control
Flooring
Vinyl, Carpet
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
Fourth Floor, In Unit, Electric Dryer Hookup
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
Tar/gravel
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Guest, Paved
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven, For Electric Dryer
Financial
Annual Tax
$4,169
Assessed Value
$358,800
HOA & Community
HOA Fee
$438 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities
Hot Water, Elevator(s), Clubhouse
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Seller Prefers An Installment Sale And A Closing In January 2025. Condominium Documents Restricts Pets To One Cat Per Unit.
Additional Details
Possession
None
Accepted Financing
Other (see Remarks)
Structure Type
["Garden","Mid-Rise"]
Unit/Building
402
Sq Ft Source
Field Card
Documents
Master Deed, Rules & Regs (2)
County
Essex
Total market time (incl. prior listings)
51 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,064 sq ft
Total Rooms
4
Stories
1
Entry Level
4
Floor Layout
Interactive room guide
Floor Layout
LevelFourth Floor
LevelFourth Floor
LevelFourth Floor
LevelFourth Floor
LevelFourth Floor
FeaturesYes
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:
Vinyl, Carpet
Appliances:
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Insulated Windows
Basement:
Y
Laundry:
Fourth Floor, In Unit, Electric Dryer Hookup
Security:
Intercom
Construction & Materials
Year Built:
1980
Structure Type:
Garden, Mid-Rise
Exterior Materials:
Brick
Roof:
Tar/Gravel
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
1
Cooling:
Wall Unit(s), Unit Control
Cooling Zones:
2
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:
1
Parking Features:
Off Street, Guest, Paved
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
9 schools
The Phoenix School
0.7 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
B-
Saltonstall School
0.5 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
0.9 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
1.0 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
Salem Early Childhood School
1.0 mi
106 students
Diverse
Diverse Student Body
Grades PK
C-
Horace Mann Laboratory School
1.1 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B+
Bates School
1.1 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
B
Witchcraft Heights School
1.2 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
1 school
C+
Collins Middle School
0.6 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
High Schools
2 schools
B+
Salem Academy Charter School
0.6 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
1.2 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
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Location
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Neighborhood
10 Norman Street # 402, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Daniel Devan
Listing Office
Gibson Sotheby's International Realty
Office Phone
978-526-0243
Agent MLS ID
C8363217
Office MLS ID
AN6133
Listing Data Updated
Jan 10, 2025 1:36 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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