LevelFirst
12 Summit Avenue # 1, Salem MA 01970
Salem, MA 01970 • South Salem
$480,000
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Sale Statistics
Sale Overview
Original List Price:
$484,900
Final Sale Price:
$480,000
Difference:
$4,900 (-1.0%)
Performance Metrics
99.0%
List to Sale Ratio
Sold below asking price
26
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$414
Sale $/sq ft:
$410
This property sold for $410 per square foot
Sale Summary
This property sold for 1.0% below the original asking price.
With only 26 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 15 similar properties sold within 0.5 miles in the last 90 days
This Property
$410/sq ft
Area Median
$427/sq ft
Difference
3.9%
This property sold near the area median for similar homes.
About this home
A few blocks from Forest River Park, this spacious single-level two-bedroom condominium is a true surprise when you enter. You are greeted by an open layout, high ceilings, large windows, and a huge kitchen! Hardwood floors, stainless appliances, and plenty of counter and cabinet space plus a mudroom/laundry room make this space perfect for real life and entertaining! The primary bedroom has a large walk-in closet and is located adjacent to the full bathroom. The second bedroom also features two good-sized closets. Enjoy garage parking, abundant storage in the basement, and private porch for afternoon sitting! Located close to downtown shops and dining, this home is in the middle of all the fun Salem has to offer!
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
52.6%
Price Range
28
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Aug 25, 2025
$480,000
Property sold
Days on Market: 28
Listed for Sale
Jun 18, 2025
$484,900
Original listing
Agent: Merry Fox Team
Office: MerryFox Realty
Previous Transaction - MLS #70222553
Full transaction history available when tracking began
Previously Sold
Dec 29, 2005
$230,000
MLS #70222553
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/25/2025 | ✓ Sold | $480,000 | - | - | Property sold |
| 06/18/2025 | 🏠 Listed for Sale | $484,900 | - | - | Original listing |
| 12/29/2005 | 🏷️ Previously Sold | $230,000 | - | - | MLS #70222553 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,647 | $409,800 |
Financial Details
Annual Property Tax
$4,647
Tax Year 2025
HOA Fee
$258
Monthly
Assessed Value
$409,800
Facts & Features
1 Car Garage
Home Facts
Type
Residential
Style
Condominium
Year Built
1890
Living Area
1,170 sq ft
Bedrooms
2
Full Baths
1
Total Rooms
5
Interior
Heating
Baseboard, Natural Gas
Cooling
None
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
First Floor, In Unit
Features
Mud Room
Exterior
Construction
Frame
Architecture
None
Roof
Slate
Features
Porch
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Garage Spaces
1
Has Garage
Yes
Features
Detached
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,647
Assessed Value
$409,800
HOA & Community
HOA Fee
$258 Monthly
Fee Includes
Water, Sewer, Insurance, Reserve Funds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
2
MA Disclosures
Seller Disclosures
Pets Upon Approval. Seller Has Prepaid $1000 Towards Condo Fees And Pays $175 Per Month
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["2\/3 Family"]
Unit/Building
1
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs (3)
County
Essex
Total market time (incl. prior listings)
28 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1890
Bedrooms
2
Full Bathrooms
1
Living Area
1,170 sq ft
Total Rooms
5
Stories
1
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,170 sq ft above grade
FeaturesBathroom - Full
LevelFirst
LevelFirst
LevelFirst
LevelFirst
LevelFirst
FeaturesYes
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
KKitchen (1)
BABathroom (4)
BRBedroom (5)
DDining (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Mud Room
Windows:
Basement:
Y
Laundry:
First Floor, In Unit
Security:
Construction & Materials
Year Built:
1890
Effective Year (Renovated):
2005
Structure Type:
2/3 Family
Exterior Materials:
Frame
Roof:
Slate
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
1
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
1
Parking Features:
Detached
Nearby Schools
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
Elementary Schools
3 schools
C+
Saltonstall School
0.2 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
The Greenhouse School
0.9 mi
Grades PK-08
C
Horace Mann Laboratory School
1.0 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
Middle Schools
3 schools
B-
Collins Middle School
0.8 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
B+
Village School
1.3 mi
|
#265 of 825
|
Score: 51.8
Dropped 76 spots from last year
-6.4 below state avg
480 students
Less Diverse
Strong Attendance
Grades 04-06
A-
Marblehead Veterans Middle School
1.7 mi
|
#88 of 352
|
Score: 50.8
Dropped 35 spots from last year
-7.4 below state avg
347 students
Moderate
Grades 07-08
High Schools
3 schools
B+
Salem Academy Charter School
0.5 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
1.1 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
A-
Marblehead High School
1.7 mi
|
#82 of 346
|
Score: 62.5
Dropped 39 spots from last year
+4.3 above state avg
807 students
Moderate
20 sports
• 2,426 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Location
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Neighborhood
South Salem
12 Summit Avenue # 1, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Merry Fox Team
Listing Office
MerryFox Realty
Office Phone
978-808-8064
Agent MLS ID
TEAM0226
Office MLS ID
C95279
Listing Data Updated
Aug 25, 2025 3:22 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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