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31 1st St # A, Salem MA 01970

Salem, MA 01970
$549,000
Est. $3,886/month
2
Beds
2.5
Baths
1,560
Sq Ft
$352
Price/Sq Ft
1985
Year Built
35
Days on Market
Closed Listed Dec 5, 2024 • MLS# 73317661 Copied!

About this home

Welcome to Cloister Condominiums, a perfectly located home offering the ideal combination of comfort and convenience! This charming 2-bedroom, 2.5-bathroom condo features vaulted ceilings, including a spacious primary suite with a walk-in closet and en-suite full bathroom. The inviting living and dining rooms are perfect for entertaining, with a cozy wood-burning fireplace adding warmth and charm. Enjoy your morning coffee or unwind on your private porch in a peaceful setting. Additional highlights include a well-appointed kitchen, laundry, ample storage, and a two-car garage for all your needs. This clean, move-in-ready home is close to all that Salem has to offer. Don’t miss your chance to make this exceptional condo your new home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,560 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $549,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $352
Sale $/sq ft: $352
This property sold for $352 per square foot
Sale Summary

This property sold exactly at the asking price.

The property spent 35 days on market before selling.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,560 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace Family Room
Fireplaces 1
Basement Y
Laundry In Basement, In Unit, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Under, Tandem
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $5,006
Assessed Value $430,800

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: In Basement, In Unit, Washer Hookup
Security:

Construction & Materials

Year Built: 1985
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Under, Tandem

Special Features

Fireplaces: 1
Fireplace Type: Family Room
Community Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Public School

Location

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Neighborhood

31 1st St # A, Salem MA 01970

Salem, MA 01970

Walkability

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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
E

Elementary Schools

3 schools
C-
Horace Mann Laboratory School
0.6 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.1 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
The Greenhouse School
1.2 mi
Grades PK-08
M

Middle Schools

1 school
C+
Collins Middle School
1.1 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B
Salem High School
0.5 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
A-
Swampscott High School
1.5 mi | #98 of 346 | Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students Moderate
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
B+
Salem Academy Charter School
1.9 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $417
Homeowners Insurance $200
HOA Fee $493/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

37
Total Days on Market

Property Timeline

Sold
Feb 10, 2025
$549,000
Property sold
Days on Market: 37
🏠
Listed for Sale
Dec 5, 2024
$549,000
Original listing
Agent: Adam Gustafson Office: Today Real Estate, Inc.

Price & Status History

Date Event Price Change
Dec 5, 2024 New Listing Added $549,000

Market Statistics

Days on Market
35 days
Price per Sq Ft
$352

Tax History

Year Taxes Assessment
2024 $5,006 $430,800

Financial Details

Annual Property Tax
$5,006
Tax Year 2024
HOA Fee
$493
Per month
Assessed Value
$430,800

Listing Information

Listing Office Today Real Estate, Inc.
Agent MLS ID CN216798
Office MLS ID AN6664
Listing Data Updated Feb 12, 2025 7:59 AM 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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