Estimated payment $3,051/month
Total Views
14,329
1
Bed
1
Bath
885
Sq Ft
$480
Price per Sq Ft
Highlights
- Golf Course Community
- Custom Closet System
- Fireplace in Kitchen
- Medical Services
- Landscaped Professionally
- Property is near public transit
About This Home
116 Federal St Unit 2 delivers an unparalleled living experience rich in character nested in the historical McIntire District of Salem. The home comes fully furnished and includes dishes and small appliances. This home has been lovingly cared for to include refinish original wide board floors, newer individual furnace and water heater (less than 4 yrs old) and living room decorative custom restored fireplace , turnkey fully furnished! Features of this condominium, 11 ft ceilings, turnkey and furnished, 2 decorative fireplaces, original wide board floors and the convenience of in unit laundry. The library is also a flex space for added sleeping. Beautiful grounds are stunning with perennial beds and plantings to bring beauty throughout the season. Deeded off street parking for 2 vehicles. Walking distance to train to Boston, Salem commons, two blocks to the Ropes Public Garden, restaurants, waterfront and so mush more that Salem has to offer
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,238
Year Built
- Built in 1782
Lot Details
- Landscaped Professionally
- Garden
HOA Fees
- $267 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 885 Sq Ft Home
- 1-Story Property
- Crown Molding
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
- Library
- Basement
Kitchen
- Range
- Dishwasher
- Upgraded Countertops
- Fireplace in Kitchen
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on second floor
- Custom Closet System
- Linen Closet
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Off-Street Parking
- Deeded Parking
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Individual Controls for Heating
- Baseboard Heating
- 110 Volts
Listing and Financial Details
- Assessor Parcel Number 2132868
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 5 Units
- Mid-Rise Condominium
Amenities
- Medical Services
- Community Garden
- Common Area
- Shops
- Community Storage Space
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,238 | $461,900 | $0 | $461,900 |
| 2024 | $4,744 | $408,300 | $0 | $408,300 |
| 2023 | $4,554 | $364,000 | $0 | $364,000 |
| 2022 | $4,327 | $326,600 | $0 | $326,600 |
| 2021 | $4,433 | $321,200 | $0 | $321,200 |
| 2020 | $3,888 | $269,100 | $0 | $269,100 |
| 2019 | $3,607 | $238,900 | $0 | $238,900 |
| 2018 | $3,411 | $221,800 | $0 | $221,800 |
| 2017 | $3,431 | $216,300 | $0 | $216,300 |
| 2016 | $3,110 | $198,500 | $0 | $198,500 |
| 2015 | -- | $191,800 | $0 | $191,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | For Sale | $425,000 | +29.2% | $480 / Sq Ft |
| 06/01/2020 06/01/20 | Sold | $329,000 | -0.3% | $372 / Sq Ft |
| 04/19/2020 04/19/20 | Pending | -- | -- | -- |
| 04/15/2020 04/15/20 | For Sale | $329,900 | +40.4% | $373 / Sq Ft |
| 08/26/2015 08/26/15 | Sold | $235,000 | -4.9% | $266 / Sq Ft |
| 08/06/2015 08/06/15 | Pending | -- | -- | -- |
| 07/13/2015 07/13/15 | For Sale | $247,000 | -- | $279 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $329,000 | None Available | |
| Not Resolvable | $235,000 | -- | |
| Deed | $230,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Closed | $75,000 | Credit Line Revolving | |
| Previous Owner | $178,250 | No Value Available | |
| Previous Owner | $184,000 | Purchase Money Mortgage | |
| Previous Owner | $142,000 | No Value Available | |
| Previous Owner | $105,600 | No Value Available |
Source: Public Records
Similar Homes in Salem, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73380089
APN: SALE-000026-000000-000592-000803-000803
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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