18 Ropes St UNIT 2L, Salem, MA 01970

1 bed1 bath794 sqft Edit

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Sold: $321,000
Sold on 09/16/13
Zestimate®: $145,918
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Are you smart? Are you trendy? Do you like urban living? Look no further than this wise equity-builder condo in Downtown Salem. Whether for investment or to live in - this one offers some great upside potential. The space is ideal: 4 generous rooms (living room, dining room, bedroom and large kitchen) The condition is great. Newer roof and heating system, replacement vinyl windows, updated kitchen and bath, wood flooring throughout. GARAGE and off street parking (in an area where that is a commodity, might I add)..there is even a deck.....but the real kicker is that the ENTIRE attic of the building is deeded to this Unit. you can add over 1700 SF of living to this condo, and make it a townhouse. Even keeping the main level the same, you could add an additional 2 bedrooms..... or loft space.... the sky is the limit. The association is well run too. Don't be foolish and waste your money - grow into this condo over time and grow your investment. Building to be repainted soon.  More Less 

Facts

  • Lot: 4,791 sqft
  • Townhouse
  • Built in 1915
  • Cooling: Other
  • Heating: Other
  • Last sold: Sep 2013 for $321,000
  • Last sale price/sqft: $404

Features

  • Flooring: Hardwood, Linoleum / Vinyl
  • Parking: Garage - Detached, 1 space

    Appliances Included

    • Range / Oven
    • Refrigerator

    Construction

    • Roof type: Asphalt
    • Room count: 5
    • Stories: 2
    • Structure type: Other

    Other

    • Floor size: 794 sqft
    • Heating: Oil
    • Parcel #: M:34 L:0291 S:803
    • Zillow Home ID: 68008701

    Zestimate Details

    Zestimate
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    $145,918
    -$3,399 Last 30 days
    $134K
    $163K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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    $1,394/mo
    +$26 Last 30 days
    $1.2K
    $1.6K
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    Popularity on Zillow

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    Comparable Homes

    Homes like this sold for $100-250K.

    $80K
    $270K
     

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    Neighborhood

    Market guide

    Zillow predicts 01970 home values will decrease 0.6% next year, compared to a 0.7% fall for Salem as a whole. Among 01970 homes, this home is valued 50.7% less than the midpoint (median) home, but is valued 103% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 01970, the number of foreclosures waiting to be sold is exactly the same as for Salem, and 49.1% lower than the national average.

    Learn more about forecast calculations or 01970 home values.
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      For Sale

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      Rentals

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      Other Units in this Building (3)ZestimateBedsBathsSqft
      Unit 1R$131K21741
      Unit 2R$185K11741
      N/A$130K1--742

      Nearby Schools in Salem

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org