Bright and airy top floor end unit in the heart of Salem! This sun-filled one-bedroom, one-bath condo offers high ceilings, hardwood floors, and exclusive use of a private deck—a perfect retreat for outdoor enjoyment. The spacious living room is bathed in natural light from windows on two sides, the eat-in kitchen has a new stove, stainless steel dishwasher and refrigerator, and an in-unit stackable laundry. There's plenty of storage with multiple closets in the unit, an assigned basement storage space, and additional storage just outside the unit. One deeded off-street parking spot adds convenience. Located minutes from Salem’s vibrant downtown, you'll have easy access to beaches, parks, restaurants, museums, and Salem State University. A fantastic opportunity for first-time homebuyers looking to own in a prime location—why keep renting when you can own this charming home? Don't miss out!
Sale Statistics
Sale Overview
Original List Price:$299,000
Final Sale Price:$305,000
Difference:
+$6,000 (+2.0%)
Performance Metrics
102.0%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$535
Sale $/sq ft:$546
This property sold for $546 per square foot
Sale Summary
This property sold for 2.0% above the original asking price, indicating strong buyer demand.
With only 5 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1920
Bedrooms
1
Full Bathrooms
1
Living Area
559 sq ft
Total Rooms
4
Stories
1
Entry Level
3
Interior Features
Flooring
Tile, Hardwood
Heating
Hot Water, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry Features
Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Exterior & Structure
Construction Materials
Brick
Roof
Rubber
Exterior Features
Deck - Wood
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Deeded, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Medical Facility, Public School, T-Station, University
HOA Fee
$442
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Storage
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,131
Tax Year
2025
Tax Assessed Value
$276,100
Parcel Number
4649276
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Building Name
The Hazel Terrace Condominiums
Attached Property
Yes
Disclosures
Stove in photo has been replaced. Heat is included in the condo fee. Seller/seller's agents make no warranties/representations, buyer/buyer's agent responsible for due diligence. Sold AS-IS Condition. Appliances left as gifts.
Listing Terms
Contract
Location
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Neighborhood
6-R Hazel Terrace # 9, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$261
Homeowners Insurance$200
HOA Fee$442
PMI$0
Property History
Market Insights
2%
Price Range
9
Total Days on Market
Property Timeline
✓
Sold
May 1, 2025
$305,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Mar 25, 2025
$299,000
Original listing
Agent: The Lopes GroupOffice: J. Barrett & Company
