24 days on rocket

5 Majestic Way Unit 5, Salem, MA, 01970

$449,900

Home List Price

$5,343*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,049 SqFt
$429/SqFt
Condo

Location

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5 Majestic Way Unit 5, Salem$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingUnder, Off Street
Attached Garage1 space
Year Built1986
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceLiving Room
MLS #73305755
StatusActive

About 5 Majestic Way Unit 5

Welcome to the sought-after Hamlet Complex, where tranquility meets modern living. This beautifully designed and freshly painted 1 bed, 1.5 bath unit features an open-concept layout that seamlessly blends comfort and style. Enjoy a morning walk or take in the changing foliage from your new windows or front porch, all while being so close to all the conveniences that living in the North Shore provides. Enter into LR with cathedral ceilings and fireplace. Kitchen with granite counters and hardwood is open to dining area. Bedroom with high ceilings and private bath. Perfectly located less than 10 mins to the Commuter Rail, Vinnin Square, Whole Foods & all the restaurants & shopping that downtown Salem has to offer. Complex is pet friendly and professionally maintained. Enjoy the perks of a low-maintenance lifestyle while still feeling connected to nature and the vibrant community around you. Don’t miss out on this opportunity for a peaceful retreat in a highly sought-after location!

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Living Area: 1,049 SqFt

Listing Office:

  • Office Name: ERA Key Realty Services
  • Office Phone: (978) 658-8288
  • Listing Agent: Team Blue

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
  • Interior: Closet, Entrance Foyer
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Under, Off Street

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Traders Way to Whalers Lane to Majestic Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $429/SqFt

HOA Fees:

  • Amount: $322
  • Frequency: Monthly
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Housing Market Comparison

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

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Salem, MA

City

Med. Sold Price

$595.5K

Med. Price/SqFt

$383

Avg. Days On Market

26

# of Sold Homes

44

5 Majestic Way Unit 5 vs Salem

24 DAYS ON ROCKET

-2 Days

$449,900

-$145.6K Less

$429/SqFt

+$46 More

KEY TAKEAWAY

This property is $145.6K less than the Median Sold Price and $46/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: #73305755

Listing Office:

  • Office Name: ERA Key Realty Services
  • Office Phone: (978) 658-8288
  • Listing Agent: Team Blue

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: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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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-385824
1
/10

  • Horace Mann Laboratory

  • 79 Willson St

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-385825
6
/10

  • Aborn

  • 409 Eastern Ave

  • 1.36 miles

  • Public District Grades KG-5

school-card-donut-385826
4
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 1.42 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,683. Typical income of Salem, MA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Majestic Way Unit 5

What is the listing price of this property?

The listing price of 5 Majestic Way Unit 5 property is $449,900.

What type of property is this?

The property 5 Majestic Way Unit 5 is a condo located in Salem, Massachusetts, 01970.

Is this property for sale now?

Active Listing: 5 Majestic Way Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5 Majestic Way Unit 5 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5 Majestic Way Unit 5 is 1,049 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Majestic Way Unit 5 is 1986.

Rocket Homes›Massachusetts›Essex County›Salem›01970›5 Majestic Way Unit 5

This home is located at 5 Majestic Way Unit 5 in Salem, MA and zip code 01970. This 1,049 square foot home was built in 1986. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $449,900.

In October 2024, from all listings sold in Salem, MA there were more than 24 sold above asking price, over 12 sold below and more than 8 were sold right at the asked price. Between September 2024 and October 2024, Salem, MA real estate market has seen decrease in the number of listings by 3%. While the average time on the market in October 2024 was 26 days, the median list price was $595,500.

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

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