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Sold for $480,000
  • $480,000

    12 Summit Ave #1, Salem, MA 01970

    2beds
    1,170sqft
    Condominium
    Built in 1890
    -- sqft lot
    $492,600 Zestimate®
    $410/sqft
    $2,872 Estimated rent

    Home value

    $492,600

    $448,000 - $542,000

    $2,872/mo

    Zestimate® history
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    What's special

    Private porchOpen layoutHardwood floorsStainless appliancesLarge windowsHigh ceilingsHuge kitchen
    A few blocks from Forest River Park, this spacious single-level two-bedroom condominium is a true surprise when you enter. You are greeted by an open layout, high ceilings, large windows, and a huge kitchen! Hardwood floors, stainless appliances, and plenty of counter and cabinet space plus a mudroom/laundry room make this space perfect for real life and entertaining! The primary bedroom has a large walk-in closet and is located adjacent to the full bathroom. The second bedroom also features two good-sized closets. Enjoy garage parking, abundant storage in the basement, and private porch for afternoon sitting! Located close to downtown shops and dining, this home is in the middle of all the fun Salem has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Merry Fox Team 978-808-8064,

    MerryFox Realty 978-808-8064,

    Daniel Fox 978-808-8064

    Bought with:

    Emily Gonzalez

    The Proper Nest Real Estate

    Source: MLS PIN,MLS#: 73393022

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom 2
    • Level: First
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Features: Bathroom - Full
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
    • Laundry: First Floor, In Unit
    Features
    • Mud Room
    • Flooring: Wood, Tile
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 1,170
    • Total interior livable area: 1,170 sqft
    • Finished area above ground: 1,170

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Entry location: Unit Placement(Street)
    • Patio & porch: Porch
    • Exterior features: Porch
    • Waterfront features: Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
    Details
    • Parcel number: 33 0454 801,4587561
    • Zoning: R1

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Frame
    • Roof: Slate
    Condition
    • Year built: 1890
    • Major remodel year: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Park
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $258 monthly
    • Services included: Water, Sewer, Insurance, Reserve Funds

    Price history

    DateEventPrice
    8/25/2025Sold$480,000-1%$410/sqft
    Source: MLS PIN #73393022 Report a problem
    7/2/2025Contingent$484,900$414/sqft
    Source: MLS PIN #73393022 Report a problem
    6/18/2025Listed for sale$484,900+42%$414/sqft
    Source: MLS PIN #73393022 Report a problem
    7/15/2019Sold$341,500+7.1%$292/sqft
    Source: Public Record Report a problem
    6/15/2019Pending sale$319,000$273/sqft
    Source: RE/MAX 360 #72513205 Report a problem
    6/5/2019Listed for sale$319,000+13.9%$273/sqft
    Source: RE/MAX 360 #72513205 Report a problem
    8/25/2016Sold$280,000+7.7%$239/sqft
    Source: Public Record Report a problem
    6/29/2016Pending sale$259,900$222/sqft
    Source: Keller Williams Realty #72027119 Report a problem
    6/22/2016Listed for sale$259,900+10.6%$222/sqft
    Source: Keller Williams Realty #72027119 Report a problem
    12/29/2005Sold$235,000$201/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,647 +2.3%$409,800 +4.8%
    2024$4,543 +2.6%$391,000 +10.5%
    2023$4,426 $353,800
    2022$4,426 +4.9%$353,800 +15.7%
    2021$4,219 +2.1%$305,700 +6.9%
    2020$4,131 +5.3%$285,900 +10%
    2019$3,924 +7.1%$259,900 +9.1%
    2018$3,664 +2%$238,200 +5.2%
    2017$3,592 +5.7%$226,500 +4.4%
    2016$3,399 -0.1%$216,900 +4.6%
    2015$3,403 +6.5%$207,400 +8.6%
    2014$3,195 +5%$191,000 -1.9%
    2012$3,043 +1%$194,700 -2.7%
    2011$3,013 +3.6%$200,200 -3.5%
    2010$2,907 +3%$207,500 -5%
    2009$2,822 +5.6%$218,400 -4.6%
    2008$2,672 +2.6%$229,000 -5.3%
    2007$2,604 $241,800

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $492,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $492,600