Dimensions9 x 8
FeaturesFlooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Crown Molding
LevelFirst
10 Norman Street # 502, Salem MA 01970
Salem, MA 01970 • Downtown
$449,000
$420,000
Est. $3,193/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Motivated seller = price repositioning! Make your appointment to see this great value in Downtown Salem! This exceptional end-unit penthouse condo at Heritage Plaza offers a rare combination of space, convenience, and location, with 2 bedrooms and 2 full baths in the heart of downtown Salem. Set within a courtyard of three well-maintained buildings, Heritage Plaza offers a welcoming community with two peaceful outdoor seating areas. Building amenities include an elevator, community room, fitness center with sauna, on-site storage lockers, and ample visitor parking. Your exclusive-use parking space is just steps from the entrance in a well-lit lot with security cameras, with common areas that are shoveled and plowed throughout the winter. Inside, the spacious primary bedroom suite offers plenty of room for a king-sized bed, abundant closet space, and the convenience of an in-unit washer and dryer. The dining room features beautiful built-ins, providing both practical storage and a lovely place to display treasured photos and collectibles. The home was freshly painted in 2023. This location is hard to beat. Open the back gate and you're seconds from Salem's vibrant downtown—cafés and restaurants, including Ledgers, O'Neils, and Rockafellas, along with shops, museums, the Commuter Rail Station, and the Salem Ferry. Leave the car at home and enjoy everything Salem has to offer right outside your door. Be in your new home for the fall and winter holidays!
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
6.5%
Price Range
Property Timeline
Price Reduced
Oct 5, 2026
$420,000
$19,000
(-4.33%)
From $439,000 to $420,000 (-4.3%)
Price Reduced
Sep 19, 2026
$439,000
$10,000
(-2.23%)
From $449,000 to $439,000 (-2.2%)
Back On Market
Sep 19, 2026
Active
Pending Sale
Sep 9, 2026
Offer accepted, sale pending
Listed for Sale
Sep 1, 2026
$449,000
Original listing
Agent: Shari McStay
Office: Keller Williams Realty Evolution
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/05/2026 | ↓ Price Reduced | $420,000 | $19,000 | - | From $439,000 to $420,000 (-4.3%) |
| 09/19/2026 | ↓ Price Reduced | $439,000 | $10,000 | - | From $449,000 to $439,000 (-2.2%) |
| 09/19/2026 | • Back On Market | - | - | - | Active |
| 09/09/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 09/01/2026 | 🏠 Listed for Sale | $449,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,391 | $407,300 |
Financial Details
Annual Property Tax
$4,391
Tax Year 2026
HOA Fee
$503
Monthly
Assessed Value
$407,300
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1980
Living Area
1,064 sq ft
Stories
1
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Baseboard, Natural Gas
Cooling
Wall Unit(s)
Flooring
Tile, Carpet
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
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
Parking
Features
Off Street, Paved, Exclusive Parking
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,391
Assessed Value
$407,300
HOA & Community
HOA Fee
$503 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Trash
Amenities
Hot Water, Storage
Optional Fee Includes
None
Down Payment Resource
Eligible
Pets
Yes w/ Restrictions
MA Disclosures
Lead Paint
None
Seller Disclosures
Parking Spot #52 And Storage Unit #13 To Convey With The Sale.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
502
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Floor Plans (3)
County
Essex
Total market time (incl. prior listings)
24 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,064 sq ft
Total Rooms
4
Stories
1
Entry Level
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,064 sq ft above grade
Dimensions11 x 11
FeaturesCloset, Flooring - Wall to Wall Carpet
LevelFirst
FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
FeaturesBathroom - Full, Bathroom - Tiled With Shower Stall
LevelFirst
Dimensions10 x 9
FeaturesCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
LevelFirst
Dimensions18 x 13
FeaturesFlooring - Wall to Wall Carpet, Window(s) - Picture
LevelFirst
Dimensions15 x 14
FeaturesBathroom - Full, Flooring - Wall to Wall Carpet, Closet - Double
LevelFirst
FeaturesYes
Display Options
Room Markers
KKitchen (1)
BRBedroom (2)
BABathroom (3)
DDining (1)
LLiving (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:
Tile, Carpet
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement:
Y
Laundry:
Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:
Intercom
Construction & Materials
Year Built:
1980
Structure Type:
Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Cooling:
Wall Unit(s)
Cooling Zones:
2
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
Total Parking Spaces:
1
Parking Features:
Off Street, Paved, Exclusive Parking
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
0.5 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
The Phoenix School
0.7 mi
Grades PK-08
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
Middle Schools
3 schools
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
B+
Village School
1.9 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
C+
J. Henry Higgins Middle School
2.3 mi
|
#235 of 352
|
Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students
Diverse
Grades 06-08
High Schools
3 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
Bishop Fenwick High School
1.6 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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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
$366
Homeowners Insurance
$200
HOA Fee
$503/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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
Downtown
10 Norman Street # 502, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Shari McStay
Listing Office
Keller Williams Realty Evolution
Office Phone
978-927-8700
Agent MLS ID
CT002370
Office MLS ID
C95098
Listing Data Updated
Oct 5, 2026 5:15 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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