24 Norman Street # 111, Salem MA 01970

Salem, MA 01970 • Downtown
$340,000
1
Beds
1
Baths
729
Sq Ft
$466
Price/Sq Ft
1920
Year Built
1
Parking
48
Days on Market
Sold Listed May 6, 2026 • MLS# 73514087 Copied! • Updated Jul 10, 2026

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Sale Statistics

Sale Overview
Original List Price: $354,900
Final Sale Price: $340,000
Difference: $14,900 (-4.2%)
Performance Metrics
95.8%
List to Sale Ratio
Sold below asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $487
Sale $/sq ft: $466
This property sold for $466 per square foot
Sale Summary

This property sold for 4.2% below the original asking price.

The property spent 48 days on market before selling.

Nearby Sales Comparison

Based on 48 similar properties sold within 0.5 miles in the last 90 days

This Property
$466/sq ft
Area Median
$456/sq ft
Difference
+2.2%

This property sold slightly above the area median for similar homes.

About this home

Experience stylish urban living in the heart of downtown Salem! This sun-splashed loft condominium blends character and modern design with thoughtful upgrades throughout, including an eat-in kitchen with Stainless Steel appliances, Quartz countertops, under cabinet lighting, and Shiplap paneling. The open-concept layout offers flexible living space, complemented by a sleeping loft that maximizes functionality and style. Enjoy the exposed brick, industrial finishes, and ample storage. Pets are allowed with association approval. Salem’s vibrant downtown amenities are located just outside your door! Discover all of Salem's varied dining, shopping and entertainment options, waterfront attractions, cultural destinations and historic landmarks. A unique opportunity to own in one of the North Shore’s most dynamic locations.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.8%
Price Range

Property Timeline

📋
Status: Active under contract
Jun 13, 2026
Active → Active Under Contract
⏳
Pending Sale
Jun 12, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
May 31, 2026
New showing requirements
↓
Price Reduced
May 27, 2026
$344,900 $10,000 (-2.82%)
From $354,900 to $344,900 (-2.8%)
🏠
Listed for Sale
May 6, 2026
$354,900
Original listing
Agent: Mark T. Vadala Office: Vadala Real Estate

Tax History

Year Taxes Assessment
2025 $3,304 $291,400

Financial Details

Annual Property Tax
$3,304
Tax Year 2025
HOA Fee
$364
Monthly
Assessed Value
$291,400

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 729 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Heat Pump, Electric
Cooling Central Air, Heat Pump
Flooring Tile, Carpet, Bamboo
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features Entrance Foyer, Internet Available - Broadband

Exterior

Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $3,304
Assessed Value $291,400

HOA & Community

HOA Fee $364 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Laundry
Optional Fee Includes None
Owner-Occupied Units 23
Pets Yes w/ Restrictions
Seller Disclosures Parking Pass Provided For Riley Plaza Lot. Floor Plan Is Attached. All Measurements Are Approximate.
Possession None
Accepted Financing None
Structure Type ["Loft"]
Unit/Building 111
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Master Plan, Management Association Bylaws, Floor Plans (6)
County Essex
Total market time (incl. prior listings) 49 days

Property Overview

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

Floor Layout

Interior Features

Flooring: Tile, Carpet, Bamboo
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Entrance Foyer, Internet Available - Broadband
Windows: Insulated Windows
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 1985
Structure Type: Loft
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Cooling: Central Air, Heat Pump
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street
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 Phoenix School
0.7 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
C+
Saltonstall School
0.5 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
B-
Carlton School
0.9 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
C+
Bentley Academy Innovation School
1.1 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
1.1 mi
107 students Diverse
Diverse Student Body
Grades PK
C
Horace Mann Laboratory School
1.1 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
B+
Bates School
1.1 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
B
Witchcraft Heights School
1.2 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
M

Middle Schools

1 school
B-
Collins Middle School
0.6 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
0.6 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
1.2 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

Downtown

24 Norman Street # 111, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Mark T. Vadala
Listing Office Vadala Real Estate
Office Phone 978-281-1111
Agent MLS ID C8000047
Office MLS ID C95600
Listing Data Updated Jul 10, 2026 12:34 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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