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31 Symonds Street # 14, Salem MA 01970

Salem, MA 01970
$320,000
Est. $2,452/month
1
Beds
1
Baths
698
Sq Ft
$458
Price/Sq Ft
1980
Year Built
15
Days on Market
Closed Listed Mar 12, 2025 • MLS# 73344610 Copied!

About this home

The Balcomb presents an amazing opportunity to buy into thriving, dynamic Salem! This move in ready unit shines and is ready for it's new steward. Open concept living features an oversized living room with sliders to a private balcony. Bright galley kitchen has updated quartz countertops, newer Bosch dishwasher, nice backsplash and white cabinetry. Dining area is spacious and has a walk-in closet for use as you see fit. Impressive bedroom with warm carpeting and generous double closet can easily accommodate a king-sized bed. Living is easy here and super-efficient with HEAT INCLUDED condo fee. Deeded off street parking spot and dedicated storage room adds the " extras" that you need. The association common lounge/laundry area is super inviting and great spot for gathering. Outdoor common picnic area available and is just in time for summertime enjoyment. This is a wonderful offering in a very desirable proximity to commuter rail, downtown and all that Salem is special for!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
1
Full Bathrooms
1
Living Area
698 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $324,900
Final Sale Price: $320,000
Difference: $4,900 (-1.5%)
Performance Metrics
98.5%
List to Sale Ratio
Sold below asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $465
Sale $/sq ft: $458
This property sold for $458 per square foot
Sale Summary

This property sold for 1.5% below the original asking price.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$458/sq ft
Area Average
$189/sq ft
Difference
+142.7%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 698 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Central, Baseboard, Natural Gas, Common, Unit Control
Cooling Wall Unit(s)
Flooring Tile, Vinyl, Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features Internet Available - Broadband

Exterior

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

Parking

Features Off Street, Deeded, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $3,028
Assessed Value $267,000

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: Internet Available - Broadband
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1980
Effective Year (Renovated): 1986
Structure Type: Garden
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Baseboard, Natural Gas, Common, Unit Control
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 1
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, Deeded, Paved

Location

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Neighborhood

31 Symonds Street # 14, 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 $252
Homeowners Insurance $200
HOA Fee $382/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
16
Total Days on Market

Property Timeline

Sold
Apr 28, 2025
$320,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Mar 12, 2025
$319,900
Original listing
Agent: Shannon Barror Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Mar 12, 2025 New Listing Added $319,900

Market Statistics

Days on Market
15 days
Price per Sq Ft
$458

Tax History

Year Taxes Assessment
2025 $3,028 $267,000

Financial Details

Annual Property Tax
$3,028
Tax Year 2025
HOA Fee
$382
Monthly
Assessed Value
$267,000

Listing Information

Listing Agent Shannon Barror
Listing Office Keller Williams Realty Evolution
Agent MLS ID C0001684
Office MLS ID C95098
Listing Data Updated Apr 28, 2025 9:49 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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