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35 Andrew St # 1, Salem MA 01970

Salem, MA 01970
$520,000
Est. $3,455/month
2
Beds
1
Baths
1,437
Sq Ft
$362
Price/Sq Ft
1850
Year Built
9
Days on Market
Closed Listed Feb 18, 2025 • MLS# 73336014 Copied!

About this home

THE OPEN HOUSE ON MARCH 1 IS CANCELED. Uncover the ideal mix of urban elegance and historic charm in this 2-bedroom, 1-bathroom condo at 35 Andrew St, Unit 1. Nestled in the lively center of Salem, this 1,437 sq ft home marries 1850s character with contemporary amenities. The freshly painted interiors showcase wide pine flooring, exposed brick, and a sunken living room featuring a fireplace. Enjoy your very own private patio, or unwind in the shared, landscaped backyard—an urban retreat for relaxation. This property includes two off-street parking spaces for your convenience. Just minutes from Collins Cove, Salem Common, and the waterfront, this residence is surrounded by a variety of dining choices, boutique stores, and cultural sites. Embrace the distinctive spirit of Salem with this stylish and promising home. The property is being sold as is.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
2
Full Bathrooms
1
Living Area
1,437 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $520,000
Difference: +$21,000 (+4.2%)
Performance Metrics
104.2%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $347
Sale $/sq ft: $362
This property sold for $362 per square foot
Sale Summary

This property sold for 4.2% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$362/sq ft
Area Average
$354/sq ft
Difference
+2.4%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 1,437 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Steam, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Carpet, Pine
Appliances Range, Disposal, Refrigerator, Washer/dryer
Fireplace None
Fireplaces 1
Basement N
Laundry In Unit, Gas Dryer Hookup
Features None

Exterior

Construction None
Architecture None
Roof None
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer

Financial

Annual Tax $4,626
Assessed Value $398,100

Interior Features

Flooring: Wood, Tile, Carpet, Pine
Appliances: Range, Disposal, Refrigerator, Washer/Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit, Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 1850
Structure Type: 2/3 Family
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
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

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University

Location

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Neighborhood

35 Andrew St # 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 $386
Homeowners Insurance $200
HOA Fee $240/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%
Price Range
9
Total Days on Market

Property Timeline

Sold
Mar 19, 2025
$520,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Feb 18, 2025
$499,000
Original listing
Agent: Tyson Lynch Office: The Proper Nest Real Estate

Price & Status History

Date Event Price Change
Feb 18, 2025 New Listing Added $499,000

Market Statistics

Days on Market
9 days
Price per Sq Ft
$362

Tax History

Year Taxes Assessment
2024 $4,626 $398,100

Financial Details

Annual Property Tax
$4,626
Tax Year 2024
HOA Fee
$240
Monthly
Assessed Value
$398,100

Listing Information

Listing Office The Proper Nest Real Estate
Agent MLS ID CT005972
Office MLS ID AN7859
Listing Data Updated Mar 19, 2025 1:06 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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