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23 Settlers Way # 23, Salem MA 01970

Salem, MA 01970
$725,000
2
Beds
1.5
Baths
1,940
Sq Ft
$374
Price/Sq Ft
1980
Year Built
1
Garage Space
79
Days on Market
Closed Listed Mar 11, 2025 • MLS# 73343717 Copied! • Updated May 30, 2025

Sale Statistics

Sale Overview
Original List Price: $739,900
Final Sale Price: $725,000
Difference: $14,900 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
79
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $381
Sale $/sq ft: $374
This property sold for $374 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

The property spent 79 days on market before selling.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$374/sq ft
Area Average
$404/sq ft
Difference
7.4%

This property sold near the area average for similar homes.

About this home

Imagine living in vacation mode year-round! This stunning waterfront condominium offers just that! Step out your back door to enjoy kayaking, paddleboarding, swimming, and boating, all with the serene water as your playground. As the day winds down, relax and take in the breathtaking sunsets from your private balcony, that make every evening feel magical. Your dream lifestyle starts here! Nestled in the heart of beautiful Collins Cove, this inviting condo offers the perfect blend of comfort and elegance, with picturesque views of the area’s natural beauty. The thoughtfully designed layout flows seamlessly from the spacious living area to a fully equipped kitchen with granite countertops and ample cabinetry. Two spacious bedrooms with generous closet space, full bath is accessible from both bedrooms for added convenience Perfectly situated just minutes from local dining and shopping, this condo puts the best of Collins Cove right at your doorstep.

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Recently Sold Nearby

Property History

Market Insights

2%
Price Range
45
Total Days on Market

Property Timeline

Sold
May 30, 2025
$725,000
Property sold
Days on Market: 45
🏠
Listed for Sale
Mar 11, 2025
$739,900
Original listing
Agent: Catherine St. Pierre Office: Aluxety

Tax History

Year Taxes Assessment
2024 $7,398 $636,700

Financial Details

Annual Property Tax
$7,398
Tax Year 2024
HOA Fee
$792
Monthly
Assessed Value
$636,700

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,940 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Forced Air, Electric, Unit Control, Wall Furnace
Cooling Central Air
Flooring Tile, Vinyl, Hardwood, Concrete, Flooring - Hardwood, Flooring - Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Closet - Double, Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Bathroom - Half, Game Room, Foyer, Finish - Sheetrock, Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck - Composite, Covered Patio/deck, Professional Landscaping, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite, Covered
Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Storage, Deeded, Off Street, Common, Paved
Total Spaces 3
Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $7,398
Assessed Value $636,700

HOA & Community

HOA Fee $792 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Clubroom, Beach Rights, Boat Dock
Optional Fee Includes None
Owner-Occupied Units 36
Seller Disclosures Seller Is A Licensed Real Estate Agent. List Agent Has A Financial Interest In The Property. Room Dimensions Are Approximate.
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 23
Sq Ft Source Public Record
Sq Ft Disclosures A portion of the lower level is finished.
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)
County Essex
Total market time (incl. prior listings) 45 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,940 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Room Details

First Floor

Bathroom1
7.75 x 3.583333333
Bathroom - Half, Flooring - Stone/Ceramic Tile
Dining Room
10.333333333 x 10.333333333
Flooring - Hardwood
Living Room
14.416666666 x 19.166666666
Flooring - Hardwood, Balcony / Deck, Cable Hookup, Exterior Access, Slider, Lighting - Sconce

Second Floor

Bathroom2
9.75 x 12.25
Bathroom - Full, Bathroom - With Tub & Shower
Bedroom2
9.666666666 x 14.416666666
Closet, Flooring - Hardwood
Master Bedroom
14.666666666 x 19.166666666
Bathroom - Full, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Closet - Double

Basement Floor

Family Room
17.666666666 x 17.416666666
Flooring - Stone/Ceramic Tile, Exterior Access, Slider, Lighting - Overhead, Closet - Double

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Master Bathroom
Yes

Main,First Floor

Kitchen
12.083333333 x 9.25
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting

Interior Features

Flooring: Tile, Vinyl, Hardwood, Concrete, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bathroom - Half, Game Room, Foyer, Finish - Sheetrock, Internet Available - Broadband
Windows: Insulated Windows
Basement: Y
Laundry: Closet - Double, Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1980
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Deck - Composite, Covered Patio/Deck, Professional Landscaping, Sprinkler System
Patio & Porch: Deck - Composite, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 3
Parking Features: Detached, Garage Door Opener, Storage, Deeded, Off Street, Common, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Bay, Dock/Mooring, Private, Bay, Ocean, Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Association)
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, House of Worship, Marina, Public School, T-Station, University
E

Elementary Schools

3 schools
C+
Bentley Academy Innovation School
0.1 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
0.1 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.5 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
M

Middle Schools

3 schools
C+
Collins Middle School
1.6 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
B+
Village School
2.0 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
H

High Schools

3 schools
B+
Salem Academy Charter School
1.0 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
Bishop Fenwick High School
1.9 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
2.2 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

23 Settlers Way # 23, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office Aluxety
Office Phone 800-806-3212
Agent MLS ID C8001712
Office MLS ID AN8387
Listing Data Updated May 30, 2025 3:22 PM 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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