CCertihomes
20 Loring Avenue #2, Salem, MA 02170

$359,900

2 beds 1 baths 768 sqft Built 19004 days on marketActive

About this home

Location, location, location! Beautiful first floor condominium across from Salem State University and near downtown Salem. Unit is newly painted with new kitchen countertops and backsplash, with a side entrance, with new stairs to unit and new screen door. Living room and primary bedroom have beautiful hardwood floors with high ceilings. The bathroom has been remodeled with a glazed tile and tub, new vanity and mirror cabinet. There is a sunroom that is newly painted, including main French doors and stairs that exit the room. Unit includes a new washing machine, a dryer, new water heater, and basement storage space. There is 1 deeded off street parking space, and a beautiful common outdoor space to enjoy. The condominium is close to Salem State University, public transportation, shopping, restaurants, and downtown Salem. Great opportunity as a primary residence or real estate investment. Next open house on Tuesday, 5/21/24, 4:00 pm to 5:30 pm.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$3,605/mo

Real estate (PITI + HOA + PMI)
$3,526
Principal + interest$2,321
Property tax + insurance$860
HOA$210
PMI / 2nd mortgage$135
Utilities
$433
Heating + cooling$80
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$3,605/mo TLC
Budget$5,000/mo
Remaining after TLC$1,395/mo
Purchase price
$359,900
Down payment
$17,995 (5%)
Loan amount
$341,905
APR
7.2%

Quick facts

Type
Condominium
Style
Year built
1900
Lot size
Stories
1
Heating
Hot Water
Cooling
None
Water
Public
HOA
$210 / Monthly
Annual tax
$3,567
MLS #
73240092
County
Essex

At a glance

Basement

Home features

Appliances
RangeRefrigeratorFreezerWasherDryer
Interior
Sun Room
Exterior
PorchPorch - EnclosedPatio
Community
Public TransportationShoppingParkPublic SchoolUniversity
Parking
Off Street
Kitchen
Flooring - VinylDining AreaCountertops - UpgradedLighting - Pendant
Flooring
Wood, Tile, Vinyl
Roof
Shingle
Sewer
Public Sewer

Neighborhood — 02170

MetricThis ZIPCountyUSA
Population19,0896,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density9,153786
Male9,2343,127,134147,432,321
Female9,8543,317,797151,655,844
Never Married5,8941,612,88563,775,926
Married7,4132,586,314123,120,365
Separated886247,85712,639,686
Widowed1,141363,59415,467,586
Divorced1,213436,88823,075,029
Number Of House Hold7,8592,431,591111,826,380
Average House Hold Size2.352.562.60
Medial Age38.7837.2535.46
Median House Hold Income$57,396$57,698$48,276
Average House Hold Income$67,077$75,023$63,629
P C I$28,416$29,196$24,529
M D I$47,906$48,105$41,133
A T H E$53,360$57,083$50,898
S T R5.00%5.00%
W C J82.06%81.38%77.74%
(Zip) Code
2170

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/18/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.