24 Cabot # 1, Salem MA 01970

Salem, MA 01970
$345,000
2
Beds
1
Baths
920
Sq Ft
$375
Price/Sq Ft
0.11
Acres
1870
Year Built
2
Garage Spaces
48
Days on Market
Sold 2026 Listed Aug 12, 2026 • MLS# 73562998 Copied! • Updated Oct 20, 2026

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Sale Statistics

Sale Overview
Original List Price: $379,000
Final Sale Price: $345,000
Difference: $34,000 (-9.0%)
Performance Metrics
91.0%
List to Sale Ratio
Sold below asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $412
Sale $/sq ft: $375
This property sold for $375 per square foot
Sale Summary

This property sold for 9.0% below the original asking price.

The property spent 48 days on market before selling.

Nearby Sales Comparison

Based on 18 similar properties sold within 0.5 miles in the last 90 days

This Property
$375/sq ft
Area Median
$436/sq ft
Difference
14.0%

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

About this home

Motivated seller! Location Location! Turn-key, first floor, sunny, 2 BR, 1BA pet friendly condo ready for it's new owner. Beautiful urban oasis seamlessly combining original character details with modern updates. Featuring lots of natural light, granite & stainless kitchen, renovated bathroom, crystal lights, new vinyl tile floors in the kitchen and bath, gleaming hardwood floors in the bedrooms and living room and high ceilings throughout. In-unit washer/dryer. Condo fee includes heat and hot water. Wait there's more! A deeded oversized garage bay with automatic opener. Park 1 or 2 small cars. Use as an art studio with ample storage. Private backdoor entrance. Fabulous location in the heart of Salem. Close proximity to shops and restaurants, the MBTA train to Boston, Salem State, waterfront parks. Stop paying rent and start gaining equity. Some defered maintenance in the exterior and low reserves. Get involved in this welcoming complex. A fantastic opportunity for savvy buyers to get into the hot Salem market at a great price. 100% owner occupied. Private showings easy to schedule.

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Recently Sold Nearby

Price & Status History

Market Insights

3
Price Changes
9%
Price Range
50
Total Days on Market

Property Timeline

✓
Sold
Oct 20, 2026
$345,000
Property sold
Days on Market: 50
📝
Contingency Update
Sep 23, 2026
Pending P&S
📋
Status: Active under contract
Sep 23, 2026
Active → Active Under Contract
⏳
Pending Sale
Sep 20, 2026
Offer accepted, sale pending
↓
Price Reduced
Sep 11, 2026
$369,000 $6,000 (-1.6%)
From $375,000 to $369,000 (-1.6%)
↓
Price Reduced
Sep 10, 2026
$375,000 $3,000 (-0.79%)
From $378,000 to $375,000 (-0.8%)
👁️
Showing Instructions Updated
Sep 8, 2026
New showing requirements
👁️
Showing Instructions Updated
Sep 4, 2026
New showing requirements
↓
Price Reduced
Aug 31, 2026
$378,000 $1,000 (-0.26%)
From $379,000 to $378,000 (-0.3%)
👁️
Showing Instructions Updated
Aug 22, 2026
New showing requirements
•
Back On Market
Aug 22, 2026
Active
📋
Status: Active under contract
Aug 17, 2026
Active → Active Under Contract
🏠
Listed for Sale
Aug 13, 2026
$369,000
Original listing
Agent: Carol Henriquez Office: Coldwell Banker Realty - Cambridge
🏠
Listed for Sale
Aug 13, 2026
$379,000
Original listing
Agent: Carol Henriquez Office: Coldwell Banker Realty - Cambridge

Tax History

Year Taxes Assessment
2026 $3,954 $366,800

Financial Details

Annual Property Tax
$3,954
Tax Year 2026
HOA Fee
$450
Monthly
Assessed Value
$366,800

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1870
Living Area 920 sq ft
Lot Size 0.11 acres
Stories 1
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Hot Water, Oil
Cooling Window Unit(s)
Flooring None
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Detached, Garage Door Opener, Storage, Deeded, Off Street, Paved
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,954
Assessed Value $366,800

HOA & Community

HOA Fee $450 Monthly
Fee Includes Heat, Water, Sewer, Insurance
Amenities Hot Water
Optional Fee Includes None
Owner-Occupied Units 4
Pets Yes
Lead Paint Unknown
Seller Disclosures Association Installed A New Heating System. Beginning To Save For Other Projects.
Exclusions Combo Washer And Dryer Will Convey
Possession None
Accepted Financing Contract
Structure Type ["2/3 Family"]
Unit/Building 1
Sq Ft Source Measured
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements, Certificate Of Insurance (5)
County Essex
Total market time (incl. prior listings) 50 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1870
Bedrooms
2
Full Bathrooms
1
Living Area
920 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring:
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1870
Effective Year (Renovated): 2009
Structure Type: 2/3 Family
Exterior Materials:
Roof:
Foundation:
Stories: 1

Utilities & Systems

Heating: Hot Water, Oil
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 4
Parking Features: Detached, Garage Door Opener, Storage, Deeded, Off Street, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

24 Cabot # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Carol Henriquez
Listing Office Coldwell Banker Realty - Cambridge
Office Phone 617-864-4430
Agent MLS ID BB809921
Office MLS ID AN6200
Listing Data Updated Oct 20, 2026 4:51 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
Steve Novak Real Estate
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