Nestled in Salem's waterfront neighborhood, this single-family home is part of a new 2-building condominium complex. The buyer will own the entire single-family home, including a private Beacon Hill-style yard! There are no condo fees beyond the ordinary Insurance and water bill ($190 per month total). The residence is in great shape, with newer low maintenance siding, a modern architectural single roof and vinyl replacement windows & doors throughout. This 1889 home features lots of upgrades and improvements... stone counters were just added to the large eat-in kitchen. The living room & dining room are bright and open, with gleaming pine wood floors on all 3 levels. Two bedrooms and a convenient laundry area are on the 2nd floor. The 3rd floor offers a large guest room or loft/studio space. Enjoy the best of the waterfront, just steps away from the Ferry to Boston, Collins Cove, the Harborwalk and Pickering Wharf's pubs and seaside restaurants. Dog & cat friendly.
Sale Statistics
Sale Overview
Original List Price:$579,000
Final Sale Price:$563,500
Difference:
$15,500 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$475
Sale $/sq ft:$462
This property sold for $462 per square foot
Sale Summary
This property sold for 2.7% below the original asking price.
With only 17 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
1889
Bedrooms
3
Full Bathrooms
1
Living Area
1,220 sq ft
Total Rooms
6
Stories
3
Entry Level
1
Interior Features
Flooring
Wood, Vinyl, Pine
Heating
Central, Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker
Interior Features
Walk-up Attic, Internet Available - Broadband
Laundry Features
Electric Dryer Hookup, Wainscoting, Washer Hookup, Lighting - Overhead, Second Floor, In Unit, Gas Dryer Hookup
Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
On Street
Utilities & Systems
Utilities Available
for Gas Range, for Gas Dryer, Icemaker Connection
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 220 Volts, Circuit Breakers, 200+ Amp Service
Community & HOA
Community Features
Public Transportation, Park, Walk/Jog Trails, Bike Path, Marina, T-Station, University
HOA Fee
$190
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$0
Tax Year
2024
Tax Assessed Value
$0
Parcel Number
4078497
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
New condo conversion...This is a 3-unit condo complex. Unit #3 is a detached, stand-alone house. Parking is on-street permit. Snow parking is just around the corner in the ferry parking lot. Future 2025 taxes to be determined.
Location
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Neighborhood
8 Allen Street # 3, 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$0
Homeowners Insurance$200
HOA Fee$190
PMI$0
Property History
Market Insights
2.7%
Price Range
20
Total Days on Market
Property Timeline
✓
Sold
Nov 4, 2024
$563,500
Property sold
Days on Market: 20
🏠
Listed for Sale
Sep 6, 2024
$579,000
Original listing
Agent: Mark M. WadeOffice: Coldwell Banker Realty - Marblehead
