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107 Highland Ave Unit 1, Salem, MA, 01970

$324,900

Home List Price

$3,858*

Closing Credit

1 Bedroom
1 Full Bath
591 SqFt
$550/SqFt
Condo

Location

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107 Highland Ave Unit 1, Salem$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Assigned, Paved
Year Built1930
HeatingElectric, Ductless
CoolingDuctless
WaterfrontBeach, Ocean Front
MLS #73315976
Lot Size0.39 Acres
StatusActive
(New)

About 107 Highland Ave Unit 1

First floor, private entrance w/ patio and 2 parking spots! One mile to vibrant & historic downtown Salem. Adjacent to Salem Hospital, <2 miles to Salem State University and MBTA. Step into the bright living room that seamlessly combines with a dining area, boasting beautiful hardwood floors and plenty of natural light. Bring your own barstools for the functional breakfast bar! The spacious bedroom with a walk-in closet provides ample storage and comfort. The adjacent bathroom offers both convenience and style, with its tile flooring, granite countertop, tiled shower stall, and stacked washer/dryer. With two deeded parking spots mere feet from your door, you'll never have to worry about finding a place to park. Extra dedicated storage in the basement adds to the conveniences this place has to offer. One owner since 2015 building renovation - superbly maintained. 2 cats allowed, no dogs. No known upcoming special assessment.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 591 SqFt

Listing Office:

  • Office Name: Lamacchia Realty, Inc.
  • Office Phone: (339) 645-9300
  • Listing Agent: Laura DeVelis

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Tile, Carpet, Concrete, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • Exterior: Patio

Parking Information:

  • Parking: Off Street, Assigned, Paved

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Electric, Ductless
  • Cooling: Ductless

Other

Directions Information:

  • Directions: Summer St to Essex St to Highland Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $550/SqFt

HOA Fees:

  • Amount: $406
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,301
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, MA.

Med. Sold Price

$599K

Med. Price/SqFt

$393

Avg. Days On Market

32

# of Sold Homes

34

107 Highland Ave Unit 1 vs Salem

1 DAY ON ROCKET

-31 Days

$324,900

-$274.1K Less

$550/SqFt

+$156 More

KEY TAKEAWAY

This property is $274.1K less than the Median Sold Price and $156/SqFt more than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73315976

Listing Office:

  • Office Name: Lamacchia Realty, Inc.
  • Office Phone: (339) 645-9300
  • Listing Agent: Laura DeVelis

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,301$239,200
2020$3,153$218,200
2019$3,082$204,100
2018$2,721$176,900
2017$2,736$172,500

History based on county public records data.

Payment Calculator

$2,095

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3816206
1
/10
  • Horace Mann Laboratory

  • 79 Willson St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-3816207
4
/10
  • Witchcraft Heights

  • 1 Frederick St

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-3816208
2
/10
  • William A. Welch Elementary School

  • 50 Swampscott Ave

  • 1.17 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,138. Typical income of Salem, MA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 107 Highland Ave Unit 1

What is the listing price of this property?

The listing price of 107 Highland Ave Unit 1 property is $324,900.

What type of property is this?

The property 107 Highland Ave Unit 1 is a condo located in Salem, Massachusetts, 01970.

Is this property for sale now?

Active Listing: 107 Highland Ave Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,301 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 107 Highland Ave Unit 1 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 107 Highland Ave Unit 1 is 591 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 107 Highland Ave Unit 1 is 1930.

Rocket HomesMassachusettsEssex CountySalem01970107 Highland Ave Unit 1

This home is located at 107 Highland Ave Unit 1 in Salem, MA and zip code 01970. This 591 square foot home, which was built in 1930, sits on a 0.39 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $324,900.

While more than 18 listings in Salem, MA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 14 were sold below. The inventory of homes for sale in Salem, MA between October 2024 and November 2024 decreased by 12.5%. Listings spent 32 days on the market in November 2024, and had a median list price of $599,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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