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50 Freedom Hollow # 303, Salem MA 01970

Salem, MA 01970
$550,000
2
Beds
2
Baths
1,328
Sq Ft
$414
Price/Sq Ft
1980
Year Built
1
Garage Space
19
Days on Market
Closed Listed Jul 17, 2025 • MLS# 73406134 Copied! • Updated Aug 14, 2025

Sale Statistics

Sale Overview
Original List Price: $540,000
Final Sale Price: $550,000
Difference: +$10,000 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $407
Sale $/sq ft: $414
This property sold for $414 per square foot
Sale Summary

This property sold for 1.9% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$414/sq ft
Area Average
$146/sq ft
Difference
+183.6%

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

About this home

Welcome to effortless single-level living! This beautifully maintained 2-bedroom, 2-bath home offers a spacious & thoughtfully designed layout perfect for both relaxing & entertaining. The open-concept living room/dining room is warm & inviting w/direct access to a private balcony — ideal for morning coffee or evening cocktails. An updated EI kitchen w/breakfast bar features granite countertops, ss appliances, & abundant cabinetry—perfect for casual dining or your inner home chef. The primary bedroom includes an ensuite bath w/walk in shower & a cozy sitting area, while the 2nd bedroom—complete w/custom built-ins—offers versatility for guests, family, or a home office. A 2nd full bath includes an in-unit laundry area tucked away for added ease. Addtl highlights include garage parking & extra storage. Amenities include: pool, tennis & clubhouse. With close proximity to public transportation, shopping, & restaurants, it's the perfect blend of comfort, convenience & community.

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Recently Sold Nearby

Property History

Market Insights

1.8%
Price Range
21
Total Days on Market

Property Timeline

Sold
Aug 14, 2025
$550,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Jul 17, 2025
$540,000
Original listing
Agent: Jessica Schenkel Office: William Raveis R.E. & Home Services

Tax History

Year Taxes Assessment
2025 $5,493 $484,400

Financial Details

Annual Property Tax
$5,493
Tax Year 2025
HOA Fee
$517
Monthly
Assessed Value
$484,400

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,328 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump
Cooling Central Air
Flooring Vinyl
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Elevator

Exterior

Construction None
Architecture None
Roof Shingle
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Deeded, Off Street, Guest
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $5,493
Assessed Value $484,400

HOA & Community

HOA Fee $517 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Pool, Elevator(s), Tennis Court(s), Clubhouse
Optional Fee Includes None
Seller Disclosures Owner To Provide New Hvac System Prior To Closing. Owner Has Never Lived In The Unit. All Photos Are Virtually Staged. Safe In Closet To Remain.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 303
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,328 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Dining Room
Flooring - Vinyl, Open Floorplan, Recessed Lighting
Kitchen
Flooring - Vinyl, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
Bathroom2
Bathroom - Full, Bathroom - With Shower Stall
Bedroom2
Closet, Closet/Cabinets - Custom Built, Flooring - Vinyl
Living Room
Flooring - Vinyl, Balcony - Exterior, French Doors, Exterior Access, Open Floorplan, Recessed Lighting
Master Bedroom
Bathroom - 3/4, Closet, Flooring - Vinyl

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Vinyl
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Elevator
Windows:
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1980
Structure Type: Mid-Rise
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Garage Door Opener, Deeded, Off Street, Guest

Nearby Schools

School information not available for this location.

Location

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Neighborhood

50 Freedom Hollow # 303, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Jessica Schenkel
Listing Office William Raveis R.E. & Home Services
Office Phone 781-631-1199
Agent MLS ID C0001946
Office MLS ID M95385
Listing Data Updated Aug 14, 2025 8:56 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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