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107 Highland Avenue # 1, Salem MA 01970

Salem, MA 01970
$325,000
Est. $2,523/month
1
Beds
1
Baths
591
Sq Ft
$550
Price/Sq Ft
0.39
Acres
1930
Year Built
53
Days on Market
Closed Listed Dec 3, 2024 • MLS# 73315976 Copied!

About this home

BUYER FINANCING FELL THROUGH! First floor, private entrance w/ patio and 2 parking spots! One mile to vibrant & historic downtown Salem. Adjacent to Salem Hospital, <2 miles to Salem State University and MBTA. Step into the bright living room that seamlessly combines with a dining area (dinette set incl.), boasting beautiful hardwood floors and plenty of natural light. Bring your own barstools for the functional breakfast bar! The spacious bedroom with a walk-in closet provides ample storage and comfort. The adjacent bathroom offers both convenience and style, with its tile flooring, granite countertop, tiled shower stall, and stacked washer/dryer. With two deeded parking spots mere feet from your door, you'll never have to worry about finding a place to park. Extra dedicated storage in the basement adds to the conveniences this place has to offer. One owner since 2015 building renovation - superbly maintained. 2 cats allowed, no dogs. No known upcoming special assessment.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1930
Bedrooms
1
Full Bathrooms
1
Living Area
591 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $324,900
Final Sale Price: $325,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
53
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $550
Sale $/sq ft: $550
This property sold for $550 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

The property spent 53 days on market before selling.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 591 sq ft
Lot Size 0.39 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric, Ductless
Cooling Ductless
Flooring Tile, Carpet, Concrete, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction Conventional (2x4-2x6)
Architecture None
Roof Shingle
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Assigned, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,275
Assessed Value $281,800

Interior Features

Flooring: Tile, Carpet, Concrete, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1930
Effective Year (Renovated): 2015
Structure Type: Garden
Exterior Materials: Conventional (2x4-2x6)
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric, Ductless
Heating Zones: 2
Cooling: Ductless
Cooling Zones: 2
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: 2
Parking Features: Off Street, Assigned, Paved

Location

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Neighborhood

107 Highland Avenue # 1, 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 $273
Homeowners Insurance $200
HOA Fee $406/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

0%
Price Range
31
Total Days on Market

Property Timeline

Sold
Feb 11, 2025
$325,000
Property sold
Days on Market: 31
🏠
Listed for Sale
Dec 3, 2024
$324,900
Original listing
Agent: Laura DeVelis Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Dec 3, 2024 New Listing Added $324,900

Market Statistics

Days on Market
53 days
Price per Sq Ft
$550

Tax History

Year Taxes Assessment
2024 $3,275 $281,800

Financial Details

Annual Property Tax
$3,275
Tax Year 2024
HOA Fee
$406
Monthly
Assessed Value
$281,800

Listing Information

Listing Office Lamacchia Realty, Inc.
Agent MLS ID CN251532
Office MLS ID AN2885
Listing Data Updated Feb 11, 2025 7:26 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

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