12 Summit Ave # 1, Salem MA 01970

Salem, MA 01970

$230,000

Beds

Baths

1,325

Sq Ft

$174

Price/Sq Ft

1890

Year Built

Garage Space

Condominium

Type

141

Days on Market

Sold Listed Jul 9, 2005 • MLS# 70222553 Copied! • Updated Mar 31, 2025

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Sale Statistics

Sale Overview

Original List Price: $319,900

                            Final Sale Price:
                            $230,000
                        

Difference: $89,900 (-28.1%)

Performance Metrics

71.9%

List to Sale Ratio

Sold below asking price

141

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $241

                            Sale $/sq ft:
                            $174
                        

This property sold for $174 per square foot

Sale Summary

This property sold for 28.1% below the original asking price.

At 141 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property

$174/sq ft

Area Median

$427/sq ft

Difference

59.2%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Big, light and airy the largest unit in the building, six rooms with Victorian charm including the original mantelpiece over a working fireplace. Lots of windows to bring in natural light, a large kitchen, newly refinished floors, granite countertops, and many other upgrades. The layout features big spaces for family and entertaining as well rooms that provide more privacy. This unit comes with a one car garage, storage space and a laundry room in the basement, and rights to the front porch.

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Recently Sold Nearby

Property History

Market Insights

52.1%

Price Range

144

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73393022

Full transaction history available when tracking began

🏷️

Previously Sold

Aug 25, 2025

$480,000

MLS #73393022

View Listing →

✓

Sold

Dec 29, 2005

$230,000

Property sold

Days on Market: 144

🏠

Listed for Sale

Jul 9, 2005

$259,000

Original listing

Agent: Eleanor Dubin Office: Coldwell Banker Residential Brokerage - Swampscott

Date	Event	Price	Change	$/sqft	Details
08/25/2025	🏷️ Previously Sold	$480,000	-	-	MLS #73393022
12/29/2005	✓ Sold	$230,000	-	-	Property sold
07/09/2005	🏠 Listed for Sale	$259,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
5	$0	$0

Financial Details

Annual Property Tax

Tax Year 5

HOA Fee

$142

Per month

Assessed Value

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Condominium

Year Built 1890

Living Area 1,325 sq ft

Stories 1

Bedrooms 2

Full Baths 1

Total Rooms 6

Interior

Heating Baseboard

Cooling None

Flooring Wood, Tile, Laminate

Appliances Range, Dishwasher, Disposal, Refrigerator

Fireplace None

Fireplaces 1

Basement Y

Laundry None

Features Office

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 Circuit Breakers, 100 Amp Service

Water Public, City/town Water

Sewer None

Gas None

Other For Gas Range

Financial

Annual Tax 0.00

Assessed Value 0.00

HOA & Community

HOA Fee $142

Fee Includes Water, Sewer, Insurance, Maintenance Structure

Amenities None

Optional Fee Includes None

MA Disclosures

Lead Paint Unknown

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["2/3 Family"]

Unit/Building 1

Sq Ft Source Owner

Documents None

County Essex

Total market time (incl. prior listings) 144 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1890

Bedrooms

Full Bathrooms

Living Area

1,325 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile, Laminate

Appliances: Range, Dishwasher, Disposal, Refrigerator

Interior Features: Office

Windows:

Basement: Y

Laundry:

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

Heating Zones: 1

Cooling: None

Hot Water:

Water Source: Public, City/Town Water

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

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities: Public Transportation, Park

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Location

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Neighborhood

12 Summit Ave # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Eleanor Dubin

Listing Office Coldwell Banker Residential Brokerage - Swampscott

Office Phone 781-595-9511

Agent MLS ID C4328128

Office MLS ID C61600

Listing Data Updated Mar 31, 2025 9:56 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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Steve Novak Real Estate

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mail@steve-novak.com

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