NOT LISTED FOR SALE

24 Norman St Unit 308 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $322,000 - $387,000

1 Bed
1 Bath
602 Sq Ft
$192/mo HOA Fee

Last Sold July 30, 2021

Last sale price $300,000 $498 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,416/month

7 Days on Market

About This Home

As of July 2021

RARE OPPORTUNITY! Welcome to all Downtown Salem has to offer. Walk to Everything! This Industrial Loft has been completely renovated. Highly sought after Top Floor Corner Unit. Brand New Kitchen - Stainless throughout, Granite Countertops, Newly installed Peninsula with Seated Bar Area. Refurbished Full Bathroom with glass shower doors - Brand New Vanity. Electrical has been completely revamped. Heat/AC wall unit. Brand New staircase to your loft with a walk in closet. Low condo fee. Assigned parking pass in Riley Plaza. Coin Op Laundry in building. A stone's throw to everything Salem has to offer - Bars/Restaurants/Shops/Commuter Rail/Grocery Store/Post Office and much more! Take advantage of this rare and unique opportunity.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 06/23/2021

Co-Listed By

Patrick Sargent

Herrick Lutts Realty Partners

Last Buyer's Agent

Hannah Knouse

Keller Williams Realty Boston Northwest License #452018043

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 1980

HOA Fees

  • $192 per month

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Schools

  • Salem High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Electric Water Heater

Additional Features

  • Basement

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,545

Year Built

Built in 1980

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Loft
  • Year Built Description: Actual
  • List Price Per Sq Ft: 496.68
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1980
  • Lead Paint: Unknown
  • Unit Building: 308
  • Unit Level: 3
  • Unit Placement: Top/Penthouse, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: Second Floor, Closet - Walk-in
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Walk-in, Flooring - Laminate
  • No Rooms: 3
  • Kitchen: On Level: First Floor, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Stainless Steel Appliances, Decorative Molding
  • Living Room: On Level: First Floor, Bathroom - Full, Closet, Window(s) - Bay/Bow/Box, Main Level, Cable Hookup
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN6507
  • Main So: AN5638
  • Estimated Sq Ft: 602.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Brick
  • Roof Material: Rubber
  • Exterior: Brick

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Wall AC
  • Cooling Zones: 1
  • Heating: Central Heat
  • Heat Zones: 1
  • Hot Water: Electric

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
  • HOA Fees: 192.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: 24 Norman Street Condominiums

Schools

  • Elementary School: Bentley
  • Middle School: Saltonstall
  • High School: Salem High

Lot Info

  • Assessments: 200600.00
  • Page: 337
  • Zoning: RES

Tax Info

  • Taxes: 2768.00
  • Assessor Parcel Number: 2132649
  • Tax Year: 2021

Multi Family

  • No Units: 39

MLS Schools

  • Grade School: Bentley
  • High School: Salem High
  • Middle School: Saltonstall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 30, 2021
Sold by
Summer Salem Llc
Bought by
Poyant Tyler
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Hannah Knouse
Keller Williams Realty Boston Northwest
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Total Days on Market
7
Current Estimated Value
$354,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,664
Avg. Annual Appreciation
3.56%
Original Mortgage
$270,000
Outstanding Balance
$248,247
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,059

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jun 30, 2021
Sold by
North Shore Prop Vent Llc
Bought by
Summer Salem Llc
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Hannah Knouse
Keller Williams Realty Boston Northwest
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$248,247
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,059

Purchase Details

Closed on
Jan 30, 2020
Sold by
Libby Sarah and Sargent Patrickm
Bought by
North Shore Prop Ventures

Purchase Details

Closed on
Aug 7, 2018
Sold by
Sargent Arthur C and Sargent Kathleen
Bought by
Libby Sarah and Libby Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2008
Sold by
308 Norman Rt and Sargent Arthur C
Bought by
Sargent Arthur C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Poyant Tyler $300,000 None Available
Summer Salem Llc -- None Available
North Shore Prop Ventures -- None Available
Libby Sarah $165,000 --
Sargent Arthur C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poyant Tyler $270,000
Previous Owner Libby Sarah $132,000
Previous Owner Sargent Arthur C $99,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $300,000 +0.3% $498 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $299,000 -- $497 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,545 $312,600 $0 $312,600
2024 $3,290 $283,100 $0 $283,100
2023 $3,315 $265,000 $0 $265,000
2022 $3,143 $237,200 $0 $237,200
2021 $2,768 $200,600 $0 $200,600
2020 $2,777 $192,200 $0 $192,200
2019 $2,532 $167,700 $0 $167,700
2018 $2,284 $148,500 $0 $148,500
2017 $2,217 $139,800 $0 $139,800
2016 $1,985 $126,700 $0 $126,700
2015 $1,838 $112,000 $0 $112,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller Co-Listing Agent in 2021

    Patrick Sargent

    Herrick Lutts Realty Partners

    1 in this area

    14 Total Sales

    Patrick Sargent
    Section Image

  • H

    Buyer's Agent in 2021

    Hannah Knouse

    Keller Williams Realty Boston Northwest

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72855348

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000451-000836-000836

Massachusetts Essex County Salem 01970 Downtown Salem

24 Norman St Unit 308, Salem, MA

This home is located at 24 Norman St Unit 308, Salem, MA 01970 since 23 June 2021 and is currently estimated at $354,664, approximately $589 per square foot. This property was built in 1980. 24 Norman St Unit 308 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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