6-R Hazel Terrace # 8, Salem MA 01970

Salem, MA 01970
$316,000
Est. $1,682/month
1
Beds
1
Baths
559
Sq Ft
$565
Price/Sq Ft
0.35
Acres
1920
Year Built
Condominium
Type
5
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73357259

About this home

This sun-splashed 1-bedroom condo in a well-maintained Brick building is located in the heart of Salem! Featuring modern conveniences while retaining charming period details! Features include an eat-in kitchen with Granite countertop, gas stove, microwave and dishwasher, a tiled bathroom, high ceilings and hardwood flooring throughout!. With oversized replacement windows for ample natural light and a private outdoor deck allowing for outdoor living! Install your own washer/dryer in the unit with the hookups provided or use the shared laundry in the basement. This unit comes with ample storage including a large closet in the front hallway and dedicated basement storage. PET FRIENDLY! Heat and hot water are included in your monthly condo fee. Off-street parking for 1 car. Convenient location near Salem's historic downtown and Salem State University. Why rent when you can own? OFFERS DUE ON TUESDAY 4/15 AT 2PM.

Sale Statistics

Sale Overview
Original List Price: $299,900
Final Sale Price: $316,000
Difference: +$16,100 (+5.4%)
Performance Metrics
105.4%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $536
Sale $/sq ft: $565
This property sold for $565 per square foot
Sale Summary

This property sold for 5.4% 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
3
Entry Level
2

Interior Features

Flooring
Tile, Hardwood, Flooring - Hardwood
Heating
Hot Water, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Lighting - Overhead, Entrance Foyer, Internet Available - Broadband
Laundry Features
In Basement, Common Area, In Unit, Gas Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows, Screens
Accessibility Features
No

Exterior & Structure

Construction Materials
Brick
Roof
Rubber
Exterior Features
Deck - Wood, Screens
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.35 acres
Lot Size
15,198 sq ft
Lot Size Area
0.3500

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Deeded, Guest, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 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, Laundry, Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,936
Tax Year
2025
Tax Assessed Value
$258,900
Tax Lot
127
Tax Map Number
33
Parcel Number
M:33 L:0127 S:808,4649276
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate,Renovated Since
Building Name
The Hazel Terrace Condominium
Common Walls
End Unit
Attached Property
Yes
Disclosures
Floor plan is attached. All room sizes are approximate.

Location

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Neighborhood

6-R Hazel Terrace # 8, 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 $245
Homeowners Insurance $200
HOA Fee $442
PMI $0

Property History

Market Insights

5.1%
Price Range
6
Total Days on Market

Property Timeline

Sold
Jun 9, 2025
$316,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Apr 9, 2025
$299,900
Original listing
Agent: Mark T. Vadala Office: Vadala Real Estate

Price & Status History

Date Event Price Change
Apr 9, 2025 New Listing Added $299,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$565

Tax History

Year Taxes Assessment
2025 $2,936 $258,900

Financial Details

Annual Property Tax
$2,936
Tax Year 2025
HOA Fee
$442
Monthly
Assessed Value
$258,900

Listing Information

Listing Agent Mark T. Vadala
Listing Office Vadala Real Estate
Agent MLS ID C8000047
Office MLS ID C95600

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