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24 Norman Street # 111, Salem MA 01970

Salem, MA 01970 • Downtown
$354,900
$344,900
Est. $2,583/month
1
Beds
1
Baths
729
Sq Ft
$473
Price/Sq Ft
1920
Year Built
1
Parking
48
Days on Market
Pending Price Drop -$10,000 Listed May 6, 2026 • MLS# 73514087 Copied! • Updated Jun 25, 2026

About this home

Experience stylish urban living in the heart of downtown Salem! This sun-splashed loft condominium blends character and modern design with thoughtful upgrades throughout, including an eat-in kitchen with Stainless Steel appliances, Quartz countertops, under cabinet lighting, and Shiplap paneling. The open-concept layout offers flexible living space, complemented by a sleeping loft that maximizes functionality and style. Enjoy the exposed brick, industrial finishes, and ample storage. Pets are allowed with association approval. Salem’s vibrant downtown amenities are located just outside your door! Discover all of Salem's varied dining, shopping and entertainment options, waterfront attractions, cultural destinations and historic landmarks. A unique opportunity to own in one of the North Shore’s most dynamic locations.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
50.3%
Price Range
1
Previous Sales

Property Timeline

📋
Status: Active under contract
Jun 13, 2026
Active → Active Under Contract
Pending Sale
Jun 12, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
May 31, 2026
New showing requirements
Price Reduced
May 27, 2026
$344,900 $10,000 (-2.82%)
From $354,900 to $344,900 (-2.8%)
🏠
Listed for Sale
May 6, 2026
$354,900
Original listing
Agent: Mark T. Vadala Office: Vadala Real Estate
Previous Transaction - MLS #72226652
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 3, 2017
$176,500
MLS #72226652

Tax History

Year Taxes Assessment
2025 $3,304 $291,400

Financial Details

Annual Property Tax
$3,304
Tax Year 2025
HOA Fee
$364
Monthly
Assessed Value
$291,400

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 729 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Heat Pump, Electric
Cooling Central Air, Heat Pump
Flooring Tile, Carpet, Bamboo
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features Entrance Foyer, Internet Available - Broadband

Exterior

Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $3,304
Assessed Value $291,400

HOA & Community

HOA Fee $364 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Laundry
Optional Fee Includes None
Owner-Occupied Units 23
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Seller Disclosures Parking Pass Provided For Riley Plaza Lot. Floor Plan Is Attached. All Measurements Are Approximate.
Possession None
Accepted Financing None
Structure Type ["Loft"]
Unit/Building 111
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Master Plan, Management Association Bylaws, Floor Plans (6)
County Essex
Total market time (incl. prior listings) 49 days

Property Overview

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

Room Details

First Floor

Living Room
22.25 x 13.416666666

Second Floor

Bathroom1
7.666666666 x 5
Kitchen
11.166666666 x 10.166666666

Third Floor

Master Bedroom
18.583333333 x 13

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Carpet, Bamboo
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Entrance Foyer, Internet Available - Broadband
Windows: Insulated Windows
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 1985
Structure Type: Loft
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Cooling: Central Air, Heat Pump
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street
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
0.5 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
The Phoenix School
0.7 mi
Grades PK-08
B-
Carlton School
0.9 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
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
1.9 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
C+
J. Henry Higgins Middle School
2.3 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
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
1.2 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
Bishop Fenwick High School
1.6 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $275
Homeowners Insurance $200
HOA Fee $364/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Downtown

24 Norman Street # 111, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Mark T. Vadala
Listing Office Vadala Real Estate
Office Phone 978-281-1111
Agent MLS ID C8000047
Office MLS ID C95600
Listing Data Updated Jun 25, 2026 3:30 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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