50 Freedom Hollow # 303, Salem MA 01970

Salem, MA 01970

$550,000

Beds

Baths

1,328

Sq Ft

$414

Price/Sq Ft

1980

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Jul 17, 2025 • MLS# 73406134 Copied! • Updated Aug 14, 2025

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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

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 20 similar properties sold within 0.5 miles in the last 90 days

This Property

$414/sq ft

Area Median

$335/sq ft

Difference

+23.4%

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.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

1.8%

Price Range

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

Date	Event	Price	Change	$/sqft	Details
08/14/2025	✓ Sold	$550,000	-	-	Property sold
07/17/2025	🏠 Listed for Sale	$540,000	-	-	Original listing

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

Parking

Garage Spaces 1

Has Garage Yes

Features Under, Garage Door Opener, Deeded, Off Street, Guest

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

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

MA Disclosures

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.

Additional Details

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

Sold

Year Built

1980

Bedrooms

Full Bathrooms

Living Area

1,328 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

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.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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