OPEN HOUSE CANCELLED OFFER ACCEPTED. Charming top-floor condo, just under a mile from vibrant downtown Salem and a half mile from Salem State University. This versatile two-bedroom home, with windows in every room, can easily serve as a spacious one-bedroom. Nestled in a serene setting away from main roads, it features a generous kitchen opening to a back porch—perfect for relaxing or entertaining. Elegant French doors connect the dining room to the family room (or optional second bedroom), offering flexible living arrangements. Surrounded by conservation land, the nearby train station, university, Derby Street docks, Salem Willows, and downtown Salem, this home blends urban convenience with diverse lifestyle options
Sale Statistics
Sale Overview
Original List Price:$350,000
Final Sale Price:$300,000
Difference:
$50,000 (-14.3%)
Performance Metrics
85.7%
List to Sale Ratio
Sold below asking price
62
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$494
Sale $/sq ft:$424
This property sold for $424 per square foot
Sale Summary
This property sold for 14.3% below the original asking price.
The property spent 62 days on market before selling.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Living Area
708 sq ft
Total Rooms
4
Stories
3
Entry Level
3
Interior Features
Flooring
Wood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator
Laundry Features
Common Area, In Building
Basement Details
Y
Exterior & Structure
Construction Materials
Brick
Roof
Rubber
Exterior Features
Deck - Wood
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Features
Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
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
Deeded, Guest, Paved
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, T-Station, University
HOA Fee
$589
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Laundry, Storage
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,407
Tax Year
2025
Tax Assessed Value
$300,400
Parcel Number
M:33 L:0127 S:806,4634650
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
The Hazel Terrace Condominium
Disclosures
Floor plans are attached.
Location
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Neighborhood
6-R Hazel Ter # 6, Salem MA 01970
Salem, MA 01970
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$284
Homeowners Insurance$200
HOA Fee$589
PMI$0
Property History
Market Insights
4.8%
Price Range
64
Total Days on Market
Property Timeline
✓
Sold
Aug 27, 2025
$300,000
Property sold
Days on Market: 64
🏠
Listed for Sale
Jun 3, 2025
$315,000
Original listing
Agent: Marc GreenOffice: Coldwell Banker Realty - Marblehead
