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6-R Hazel Terrace # 9, Salem MA 01970

Salem, MA 01970
$305,000
1
Beds
1
Baths
559
Sq Ft
$546
Price/Sq Ft
1920
Year Built
1
Parking
5
Days on Market
Closed Listed Mar 25, 2025 • MLS# 73349922 Copied! • Updated May 1, 2025

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.

Nearby Sales Comparison

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

This Property
$546/sq ft
Area Average
$258/sq ft
Difference
+111.6%

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

About this home

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!

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Recently Sold Nearby

Property History

Market Insights

8.2%
Price Range
9
Total Days on Market
1
Previous Sales

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 Group Office: J. Barrett & Company
Previous Transaction - MLS #73085550
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 13, 2023
$280,000
MLS #73085550

Tax History

Year Taxes Assessment
2025 $3,131 $276,100

Financial Details

Annual Property Tax
$3,131
Tax Year 2025
HOA Fee
$442
Monthly
Assessed Value
$276,100

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 559 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Hot Water, Oil
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood
Features Off Street, Deeded, Paved
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
Annual Tax $3,131
Assessed Value $276,100

HOA & Community

HOA Fee $442 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Storage
Optional Fee Includes None
Owner-Occupied Units 7
Seller Disclosures Stove In Photo Has Been Replaced. Heat Is Included In The Condo Fee. Seller/sellers Agents Make No Warranties/representations, Buyer/buyers Agent Responsible For Due Diligence. Sold As-is Condition. Appliances Left As Gifts.
Possession None
Accepted Financing Contract
Structure Type ["Garden","Mid-Rise"]
Unit/Building 9
Sq Ft Source Public Record
Documents Master Deed, Unit Deed (2)
County Essex
Total market time (incl. prior listings) 9 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
1
Full Bathrooms
1
Living Area
559 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower
Dining Room
Kitchen
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup, Gas Stove
Living Room
Closet, Flooring - Wood
Master Bedroom
Closet, Flooring - Wood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2006
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded, Paved
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

3 schools
B-
Saltonstall School
0.3 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
C-
Horace Mann Laboratory School
0.8 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
The Greenhouse School
0.9 mi
Grades PK-08
M

Middle Schools

3 schools
C+
Collins Middle School
0.6 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
1.5 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
1.9 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.6 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
B
Salem High School
0.9 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
A-
Marblehead High School
1.9 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

6-R Hazel Terrace # 9, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent The Lopes Group
Agent MLS ID TM326374
Office MLS ID AN0125
Listing Data Updated May 1, 2025 4:32 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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