5 Majestic Way Salem, MA 01970
Highland Avenue Neighborhood
1
Bed
1.5
Baths
1,049
Sq Ft
$322/mo
HOA Fee
Highlights
- Property is near public transit
- Wood Flooring
- Jogging Path
- Cathedral Ceiling
- Solid Surface Countertops
- Stainless Steel Appliances
About This Home
As of January 2025Welcome to the sought-after Hamlet Complex, where tranquility meets modern living. This beautifully designed and freshly painted 1 bed, 1.5 bath unit features an open-concept layout that seamlessly blends comfort and style. Enjoy a morning walk or take in the changing foliage from your new windows or front porch, all while being so close to all the conveniences that living in the North Shore provides. Enter into LR with cathedral ceilings and fireplace. Kitchen with granite counters and hardwood is open to dining area. Bedroom with high ceilings and private bath. Perfectly located less than 10 mins to the Commuter Rail, Vinnin Square, Whole Foods & all the restaurants & shopping that downtown Salem has to offer. Complex is pet friendly and professionally maintained. Enjoy the perks of a low-maintenance lifestyle while still feeling connected to nature and the vibrant community around you. Don’t miss out on this opportunity for a peaceful retreat in a highly sought-after location!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,477
Year Built
- Built in 1986
HOA Fees
- $322 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Tuck Under Parking
- Off-Street Parking
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,049 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Entrance Foyer
- Living Room with Fireplace
- Laundry in Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Home Security
Location
- Property is near public transit
- Property is near schools
Schools
- Horace Mann Elementary School
- Collins Middle School
- Salem High School
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
Additional Features
- Porch
- Two or More Common Walls
Listing and Financial Details
- Assessor Parcel Number M:12 L:0003 S:830,2127979
Community Details
Overview
- Association fees include insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
- 172 Units
- Hamlet Community
Recreation
- Park
- Jogging Path
Pet Policy
- Call for details about the types of pets allowed
Additional Features
- Shops
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 1999
Sold by
Fhlmc
Bought by
Wills Barbara G
Current Estimated Value
Purchase Details
Closed on
Aug 12, 1999
Sold by
Brunco-Sullivan Cheryl and First Nationwide Mtg
Bought by
Fhlmc
Purchase Details
Closed on
Jul 25, 1988
Sold by
Ledgemere Condo Co
Bought by
Sullivan Dan J
Similar Homes in Salem, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $104,100 | -- | |
| Foreclosure Deed | $131,122 | -- | |
| Deed | $120,740 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $50,000 | No Value Available | |
| Closed | $35,000 | No Value Available | |
| Closed | $175,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | Sold | $417,000 | -4.1% | $398 / Sq Ft |
| 11/29/2024 11/29/24 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | Price Changed | $434,900 | -3.3% | $415 / Sq Ft |
| 10/24/2024 10/24/24 | Price Changed | $449,900 | +2.3% | $429 / Sq Ft |
| 10/23/2024 10/23/24 | For Sale | $439,900 | -- | $419 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,502 | $397,000 | $0 | $397,000 |
| 2024 | $4,477 | $385,300 | $0 | $385,300 |
| 2023 | $4,096 | $327,400 | $0 | $327,400 |
| 2022 | $3,854 | $290,900 | $0 | $290,900 |
| 2021 | $3,772 | $273,300 | $0 | $273,300 |
| 2020 | $3,884 | $268,800 | $0 | $268,800 |
| 2019 | $3,675 | $243,400 | $0 | $243,400 |
| 2018 | $3,496 | $227,300 | $0 | $227,300 |
| 2017 | $3,339 | $210,500 | $0 | $210,500 |
| 2016 | $3,010 | $192,100 | $0 | $192,100 |
| 2015 | $3,225 | $196,500 | $0 | $196,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Penney
Seller's Agent in 2025
Lori Penney
ERA Key Realty Services
(978) 375-2520
2 in this area
277 Total Sales
-
Linda DuCharme
Seller Co-Listing Agent in 2025
Linda DuCharme
ERA Key Realty Services
(978) 375-1918
2 in this area
76 Total Sales
-
Gary Blattberg
Buyer's Agent in 2025
Gary Blattberg
RE/MAX
(978) 882-4469
3 in this area
127 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73305755
APN: SALE-000012-000000-000003-000830-000830
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.
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.
Nearby Homes
- 6 Good Hope Ln Unit 159B
- 16 Admirals Ln Unit 16
- 31 Bengal Ln
- 13 Eclipse Ln
- 54 Cavendish Cir
- 29 1st St Unit C
- 11 Woodlands Rd
- 288 Highland Ave
- 8 Wyman Ave
- 9 Griswold Dr Unit B
- 31 Barcelona Ave
- 1 Fletcher Way Unit B
- 70 Weatherly Dr Unit 306
- 4 Arnold Dr Unit C
- 58 Weatherly Dr
- 13 Weatherly Dr
- 71 Weatherly Dr Unit 71
- 50 Freedom Hollow Unit 407
- 25 Appleby Rd
- 2 B Spruance Way Unit 36B