2
Beds
1
Bath
700
Sq Ft
$177/mo
HOA Fee
Highlights
- Golf Course Community
- Open Floorplan
- Wood Flooring
- Medical Services
- Property is near public transit
- Solid Surface Countertops
About This Home
As of October 2024Wonderful two bedroom condo in the McIntire District on Federal St, just a short walk to downtown Salem, has all the desirable features needed in today's lifestyle. Recently renovated kitchen with breakfast bar, stainless appliances including 5 burner gas stove, BI micro, quartz countertops, white cabinetry and farmhouse faucet. Situated on the second floor in the quieter end of Federal St with quick access to Boston St, this wonderful condo with newer Heat and AC, is also pet friendly and has a rare, usable garage with an additional parking space. Low condo fee with all owner occupied units, this one is a must to see. Laundry room and locked storage room in the basement completes this wonderful opportunity to live in Salem with all its restaurants, museums and cultural heritage that makes it so desirable.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,711
Year Built
- Built in 1850 | Remodeled
HOA Fees
- $177 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Open Parking
- Off-Street Parking
- Deeded Parking
- Assigned Parking
Home Design
- Garden Home
- Shingle Roof
Interior Spaces
- 700 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Wood Flooring
- Basement
- Laundry in Basement
Kitchen
- Breakfast Bar
- Stove
- Range
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
- Bathtub with Shower
Home Security
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
Additional Features
- Energy-Efficient Thermostat
- Two or More Common Walls
Listing and Financial Details
- Assessor Parcel Number 5117771
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, reserve funds
- 3 Units
- 159 Federal Street Condominium Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Bike Trail
Pet Policy
- Pets Allowed
Security
- Storm Windows
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2024
Closed on
Oct 18, 2024
Sold by
Dantona Michael
Bought by
Siple Jaana
Seller's Agent
Marcie Gingle
William Raveis R.E. & Home Services
Buyer's Agent
Jessica Murphy
Coldwell Banker Realty - Marblehead
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%
Total Days on Market
30
Views
91
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
$8,883
Avg. Annual Appreciation
3.35%
Original Mortgage
$410,000
Outstanding Balance
$408,072
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$60,811
Purchase Details
Listed on
Jul 23, 2019
Closed on
Oct 14, 2019
Sold by
Abbruzzese Peter
Bought by
Dantona Michael
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Nancy Judge
Keller Williams Realty Evolution
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$262,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $460,000 | None Available | |
| Condominium Deed | $460,000 | None Available | |
| Condominium Deed | $355,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $410,000 | Purchase Money Mortgage | |
| Closed | $410,000 | Purchase Money Mortgage | |
| Previous Owner | $262,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $460,000 | -2.1% | $657 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $469,900 | 0.0% | $671 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 08/06/2024 08/06/24 | For Sale | $469,900 | +34.3% | $671 / Sq Ft |
| 10/30/2019 10/30/19 | Sold | $350,000 | -2.8% | $500 / Sq Ft |
| 09/22/2019 09/22/19 | Pending | -- | -- | -- |
| 08/28/2019 08/28/19 | For Sale | $359,900 | 0.0% | $514 / Sq Ft |
| 08/27/2019 08/27/19 | Pending | -- | -- | -- |
| 08/06/2019 08/06/19 | Price Changed | $359,900 | -2.7% | $514 / Sq Ft |
| 07/23/2019 07/23/19 | For Sale | $369,900 | -- | $528 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $4,458 | $393,100 | $0 | $393,100 |
| 2024 | $4,711 | $405,400 | $0 | $405,400 |
| 2023 | $4,521 | $361,400 | $0 | $361,400 |
| 2022 | $4,370 | $329,800 | $0 | $329,800 |
| 2021 | $4,303 | $311,800 | $0 | $311,800 |
Source: Public Records
About the Listing Agent
With my appraisal background and Roberta’s sales experience, along with 25+ years in selling real estate, the Gingle-Lerman Realty Group partnership was formed in 2018. We are constantly striving to bring cutting-edge technology and marketing to our clients. We offer professional photography, drone video, floor plans, and extensive social media promotion no matter the price point.
Our clients have access to our extensive network of experienced and expert vendors from attorneys,
Marcie's Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73274167
APN: 25-0111-802
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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