88 Ocean Avenue # 2, Salem MA 01970

Salem, MA 01970
$405,000
3
Beds
1.5
Baths
1,287
Sq Ft
$315
Price/Sq Ft
1910
Year Built
1
Garage Space
19
Days on Market
Sold 2020 Listed Apr 30, 2020 • MLS# 72649610 Copied! • Updated Jun 26, 2020

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Sale Statistics

Sale Overview
Original List Price: $409,900
Final Sale Price: $405,000
Difference: $4,900 (-1.2%)
Performance Metrics
98.8%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $318
Sale $/sq ft: $315
This property sold for $315 per square foot
Sale Summary

This property sold for 1.2% below the original asking price.

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

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$315/sq ft
Area Median
$408/sq ft
Difference
22.9%

This property sold below the area median, potentially representing good value for the buyer.

About this home

WOW! Absolutely stunning modern *new* condos in desirable Historic Salem MA. Fully applianced stainless kitchen with designer fixtures, authentic wood floors through out , 3 bedrooms, washer and dryer hookup in unit, lots of closets , tile shower/ bath. 1 garage bay and 1 parking spot, central a/c, sun drenched deck, . Ideally located within minutes of shops, restaurants and commuter rail. Convenient to town, waterfront, and train access. Impressive features and renovations include modern designer kitchens, baths, central air and new gas heating systems, new decks, new paint in and out, beautiful landscaping and new yard area. You will not have to do a thing but move in and enjoy all the comforts and details of your new home. Low condo fee. EASY TO SHOW Virtual Tour https://my.matterport.com/show/?m=UQjxDmQbCtR&mls=1

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Recently Sold Nearby

Price & Status History

Market Insights

31.9%
Price Range
21
Total Days on Market

Property Timeline

Current Active Listing - MLS #73592982
Full transaction history available when tracking began
🏡
Currently Listed
Oct 20, 2026
$595,000
MLS #73592982 - Active
✓
Sold
Jun 26, 2020
$405,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Apr 30, 2020
$409,950
Original listing
Agent: Herrick Lutts Realty Partners Office: Keller Williams Realty Evolution

Tax History

Year Taxes Assessment
2020 $0 $587,300

Financial Details

Annual Property Tax
$0
Tax Year 2020
HOA Fee
$167
Monthly
Assessed Value
$587,300

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 1,287 sq ft
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Off Street, Deeded
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup
Annual Tax 0.00
Assessed Value $587,300

HOA & Community

HOA Fee $167 Monthly
Fee Includes Water, Sewer, Insurance, Snow Removal, Reserve Funds
Amenities None
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Member Of Listing Agent Company Has A Financial Interest In The Property
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 2
Sq Ft Source Measured
Documents None
County Essex
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1910
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,287 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Effective Year (Renovated): 2020
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Utilities & Systems

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Garage Door Opener, Off Street, Deeded
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

9 schools
The Greenhouse School
0.7 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
C+
Saltonstall School
0.4 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
C
Horace Mann Laboratory School
0.7 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.4 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
C+
Bentley Academy Innovation School
1.6 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.6 mi
107 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.7 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
1.9 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
B-
Collins Middle School
0.7 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.7 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
0.8 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

88 Ocean Avenue # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID TM312527
Office MLS ID C95098
Listing Data Updated Jun 26, 2020 2:17 PM 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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