12 Rice St Unit 1 Salem, MA 01970
Bridge Street Neighborhood
3
Beds
2
Baths
1,300
Sq Ft
3,485
Sq Ft Lot
About This Home
As of July 2024Twelve Rice Street unit one is Salem's newest address for sophististicated condominium living. This rare" Philadelphia designed" unit features an open floor plan, contemporary state of the art kitchen includes Frigidaire Gallery stainless appliances and beautiful marble counters, wine cooler, wine rack, stunning living room that boasts of gleaming hardwood floors, designer lighting, crown molding, spa baths, private master suite with walk in closet, Lyric wifi thermostats, new electric, new high efficiency on demand hot water, all new windows security system, Ring video door bell that connects to your smart phone, exclusive yard area, walk to train and ferry to Boston and one car parking. Embrace the metropolitan lifestyle and easy access to transportation Salem has to offer.
Property Details
Home Type
Condominium
Est. Annual Taxes
$6,108
Year Built
1880
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: Street
- Property Type: Condominium/Co-Op
- CC Type: Condo
- Style: Townhouse
- Other Agent: 2.25
- Lead Paint: Unknown
- Year Round: Yes
- Year Built Description: Approximate
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1880
Interior Features
- Has Basement: Yes
- Primary Bathroom: Yes
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
- Electric: Circuit Breakers
- Energy: Insulated Windows
- Flooring: Hardwood
- Insulation: Full
- Bedroom 2: First Floor
- Bedroom 3: First Floor
- Bathroom #1: Second Floor
- Bathroom #2: First Floor
- Kitchen: First Floor
- Laundry Room: First Floor
- Living Room: First Floor
- Master Bedroom: Second Floor
- Master Bedroom Description: Bathroom - Double Vanity/Sink, Closet - Walk-in
- Dining Room: First Floor
- No Bedrooms: 3
- Full Bathrooms: 2
- No Living Levels: 2
- Main Lo: C95279
- Main So: C95279
Exterior Features
- Construction: Frame
- Exterior Unit Features: Patio, Fenced Yard
- Beach Ownership: Public
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 1
Utilities
- Cooling Zones: 2
- Heat Zones: 2
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Oven
- Sewer: City/Town Sewer
- Water: City/Town Water
- Sewage District: SESD
Condo/Co-op/Association
- Condominium Name: Rice House
- Association Fee Includes: Water, Sewer, Master Insurance, Security, Landscaping, Snow Removal
- Pets Allowed: Yes
- No Units: 2
- Unit Building: 1
Fee Information
- Fee Interval: Monthly
Lot Info
- Assessor Parcel Number: M:36 L:0204
- Zoning: Res
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2024
Closed on
Jul 29, 2024
Sold by
Tolan Erin M
Bought by
Bramlett Kimberly
Seller's Agent
Harry Silverstein
Keller Williams Realty Boston Northwest
Buyer's Agent
Steven Mango
StartPoint Realty
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,506
Avg. Annual Appreciation
4.42%
Original Mortgage
$365,000
Outstanding Balance
$361,895
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,611
Purchase Details
Listed on
May 18, 2018
Closed on
Aug 1, 2018
Sold by
Smith Jacquelyn M
Bought by
Tolan Erin M
Seller's Agent
Michael Shea
Shea Real Estate
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$320,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Similar Homes in Salem, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $610,000 | None Available | |
| Condominium Deed | $610,000 | None Available | |
| Deed | $400,000 | -- | |
| Deed | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,000 | Purchase Money Mortgage | |
| Closed | $365,000 | Purchase Money Mortgage | |
| Previous Owner | $318,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $325,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $320,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2024 07/29/24 | Sold | $610,000 | -2.4% | $479 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 06/06/2024 06/06/24 | For Sale | $625,000 | +56.3% | $491 / Sq Ft |
| 08/01/2018 08/01/18 | Sold | $400,000 | 0.0% | $308 / Sq Ft |
| 05/25/2018 05/25/18 | Pending | -- | -- | -- |
| 05/18/2018 05/18/18 | For Sale | $399,900 | +21.2% | $308 / Sq Ft |
| 08/28/2017 08/28/17 | Sold | $330,000 | -8.1% | $254 / Sq Ft |
| 08/11/2017 08/11/17 | Pending | -- | -- | -- |
| 07/21/2017 07/21/17 | For Sale | $359,000 | -- | $276 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,108 | $538,600 | $0 | $538,600 |
| 2024 | $5,906 | $508,300 | $0 | $508,300 |
| 2023 | $5,636 | $450,500 | $0 | $450,500 |
| 2022 | $5,484 | $413,900 | $0 | $413,900 |
| 2021 | $5,396 | $391,000 | $0 | $391,000 |
| 2020 | $5,293 | $366,300 | $0 | $366,300 |
| 2019 | $5,034 | $333,400 | $0 | $333,400 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Harry Silverstein
Keller Williams Realty Boston Northwest
(617) 440-1744
1 in this area
78 Total Sales
-
S
Buyer's Agent in 2024
Steven Mango
StartPoint Realty
(781) 820-3530
1 in this area
37 Total Sales
-
Seller's Agent in 2018
Michael Shea
Shea Real Estate
(978) 548-7203
1 in this area
52 Total Sales
-
M
Buyer's Agent in 2018
Merry Fox Team
MerryFox Realty
10 in this area
270 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72201747
APN: 36-0204-801
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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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