24 Norman St # 2, Salem MA 01970

Salem, MA 01970
$315,000
1
Beds
1
Baths
590
Sq Ft
$534
Price/Sq Ft
0.01
Acres
1980
Year Built
27
Days on Market
Sold Listed Mar 5, 2025 • MLS# 73341810 Copied! • Updated May 7, 2025

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Sale Statistics

Sale Overview
Original List Price: $299,000
Final Sale Price: $315,000
Difference: +$16,000 (+5.4%)
Performance Metrics
105.4%
List to Sale Ratio
Sold above asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $507
Sale $/sq ft: $534
This property sold for $534 per square foot
Sale Summary

This property sold for 5.4% above the original asking price, indicating strong buyer demand.

With only 27 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 40 similar properties sold within 0.5 miles in the last 90 days

This Property
$534/sq ft
Area Median
$435/sq ft
Difference
+22.8%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Discover this charming condo in the heart of Historic and Vibrant Salem. Set in a distinguished brick building, this spacious 1-bedroom unit features high ceilings, abundant natural light, and wood laminate flooring throughout. The recently remodeled galley kitchen boasts updated cabinets, tiled backsplash, stainless steel appliances, and generous granite counter and cabinet space. The stylish bathroom is enhanced with beadboard wainscoting and custom tile flooring. The large bedroom offers excellent natural light and a roomy double closet. Recent updates also including fresh interior paint, updated appliances and mechanicals, all under 10 years old. Additional amenities include intercom entry, and in-building laundry. Ideally situated near trendy restaurants, boutique shopping, the train, ferry, Zipcars, and Salem’s very own attractions—including the renowned Peabody Essex Museum.

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Recently Sold Nearby

Property History

Market Insights

5.1%
Price Range
28
Total Days on Market

Property Timeline

Sold
May 7, 2025
$315,000
Property sold
Days on Market: 28
🏠
Listed for Sale
Mar 5, 2025
$299,000
Original listing
Agent: Gabrielle Russo Office: Coldwell Banker Realty - Boston

Tax History

Year Taxes Assessment
2025 $3,012 $265,600

Financial Details

Annual Property Tax
$3,012
Tax Year 2025
HOA Fee
$350
Monthly
Assessed Value
$265,600

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 590 sq ft
Lot Size 0.01 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Forced Air, Electric
Cooling Central Air
Flooring Tile, Laminate
Appliances Range, Dishwasher, Refrigerator, Freezer
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction Frame, Brick, Stone
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven
Annual Tax $3,012
Assessed Value $265,600

HOA & Community

HOA Fee $350 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Laundry
Optional Fee Includes None
Seller Disclosures 1 Car Parking With A Free Permit At Riley Plaza, Just Across The Street.rental Restrictions: 30 Day Minimum Rental Period
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 2
Sq Ft Source Public Record
Documents Floor Plans (1)
County Essex
Total market time (incl. prior listings) 28 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1980
Bedrooms
1
Full Bathrooms
1
Living Area
590 sq ft
Total Rooms
3
Stories
3
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Refrigerator, Freezer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry:
Security: Intercom

Construction & Materials

Year Built: 1980
Structure Type: Garden
Exterior Materials: Frame, Brick, Stone
Roof:
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Forced Air, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

24 Norman St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Gabrielle Russo
Listing Office Coldwell Banker Realty - Boston
Office Phone 617-266-4430
Agent MLS ID CN235046
Office MLS ID AN6192
Listing Data Updated May 7, 2025 11:06 AM EDT
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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