111 Leach Street # 3, Salem MA 01970

Salem, MA 01970
$700,000
2
Beds
2
Baths
952
Sq Ft
$735
Price/Sq Ft
0.10
Acres
1920
Year Built
1
Parking
76
Days on Market
Sold Listed Oct 5, 2023 • MLS# 73167452 Copied! • Updated Feb 16, 2024

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Sale Statistics

Sale Overview
Original List Price: $799,900
Final Sale Price: $700,000
Difference: $99,900 (-12.5%)
Performance Metrics
87.5%
List to Sale Ratio
Sold below asking price
76
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $840
Sale $/sq ft: $735
This property sold for $735 per square foot
Sale Summary

This property sold for 12.5% below the original asking price.

The property spent 76 days on market before selling.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$735/sq ft
Area Median
$362/sq ft
Difference
+103.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Price improvement and buyer's choice of concessions - including two years of condo fees paid up front! See Firm Remarks. Introducing the WATERFRONT penthouse unit at The Residences at Harbor's Edge, Salem's newly constructed, modern condominium homes. Step onto your private deck and be mesmerized by breathtaking water views. With a newly-constructed pier and future gangway and water access approval, this is waterfront living at its finest.This stunning two bedroom unit features vaulted ceilings and skylights providing incredible natural sunlight, contemporary kitchen with stainless appliances and Quartz countertops, and brand new hardwood floors throughout. Two full baths, featuring a walk-in glass shower with custom designer tile and fixtures. In-unit washer/dryer included. Everything has been completed NEW - plumbing, electrical and heating/cooling systems, complete with gas-powered forced hot air and central air throughout. Brand new roof, exterior and windows.

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Recently Sold Nearby

Property History

Market Insights

3.6%
Price Range
78
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73559905
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 30, 2026
$699,000
MLS #73559905
Sold
Feb 16, 2024
$700,000
Property sold
Days on Market: 78
🏠
Listed for Sale
Oct 6, 2023
$724,900
Original listing
Agent: Jenna Lovely Buonfiglio Office: The Lovely Advisory LLC

Tax History

Year Taxes Assessment
2023 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2023
HOA Fee
$380
Monthly
Assessed Value
$0

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 952 sq ft
Lot Size 0.10 acres
Bedrooms 2
Full Baths 2
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Appliances Microwave, Energy Star Qualified Refrigerator, Wine Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range, Oven
Fireplace None
Basement Y
Laundry Laundry Closet, Third Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck - Composite, Patio, Lighting, Other
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite, Patio
Features Off Street, Deeded
Total Spaces 1
Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax 0.00
Assessed Value 0.00

HOA & Community

HOA Fee $380 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure
Amenities Boat Dock
Optional Fee Includes None
Seller Disclosures Listing Agent Is Related To Seller. Property Taxes Have Not Yet Been Estimated. Condominium Fees Are An Estimate. Flood Insurance Required. Common Electrical Service Is Temporary Until A New Meter Is Installed By Seller. Easement Access To Newly Constructed Pier.
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 3
Sq Ft Source Unit Floor Plan
Documents None
County Essex
Total market time (incl. prior listings) 78 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
952 sq ft
Total Rooms
6
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Microwave, ENERGY STAR Qualified Refrigerator, Wine Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range, Oven
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Laundry Closet, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2023
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Deck - Composite, Patio, Lighting, Other
Patio & Porch: Deck - Composite, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Harbor, 0 to 1/10 Mile To Beach
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Marina, Private School, Public School, University
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
1.1 mi
Grades PK-08
The Phoenix School
1.3 mi
Grades PK-08
C+
Saltonstall School
0.3 mi | #525 of 825 | Score: 43.9
Improved 43 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
1.2 mi | #654 of 825 | Score: 38.1
Improved 67 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.2 mi | #531 of 825 | Score: 43.7
Improved 180 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.2 mi
107 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.4 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
Witchcraft Heights School
1.7 mi | #340 of 825 | Score: 49.4
Improved 210 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
B+
Bates School
1.9 mi | #319 of 825 | Score: 50.0
Improved 260 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
1.0 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
0.3 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
1.3 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

111 Leach Street # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Agent MLS ID CN218608
Office MLS ID AN7968
Listing Data Updated Feb 16, 2024 12:14 PM EST
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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