NOT LISTED FOR SALE

16 Summer St Unit 3 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $587,000 - $642,000

2 Beds
2.5 Baths
1,086 Sq Ft
$566/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $599,000 $552 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,936/month

6 Days on Market

Highlights

  • Golf Course Community
  • No Units Above
  • Property is near public transit
  • Medical Services
  • Open Floorplan
  • 4-minute walk to High Street Park

About This Home

As of June 2024

Ideally located in the heart of Salem, this townhouse seamlessly integrates historic charm with modern convenience. Converted to condos in 2015, this McIntire Historic District association is pet-friendly and has low condo fees. This home radiates an air of timeless elegance coupled with contemporary comfort. Boasting two welcoming bedrooms, a thoughtfully equipped kitchen, and two and a half updated bathrooms (one with full-size laundry), it epitomizes sophistication at every corner. The wide pine flooring and expansive windows flood the interior with natural light. Additional amenities such as extra basement storage, two designated parking spots, and a shared patio space enhance its appeal. Positioned conveniently near the MBTA station, this location provides easy access to Salem's diverse culinary scene, vibrant cultural attractions, scenic waterfront, and the ferry to Boston.

Last Agent to Sell the Property

Julie Andrews

Keller Williams Realty Evolution Listed on: 04/23/2024

Keller Williams Realty Evolution

Last Buyer's Agent

Andrea Bennett

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1800

Lot Details

  • 7,527 Sq Ft Lot
  • No Units Above
  • Security Fence

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,086 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Basement

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

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

Listing and Financial Details

  • Assessor Parcel Number 4936810

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
  • 4 Units
  • The Harrison Flint House Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,060

Year Built

Built in 1800

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1800
  • Dual Variable: Yes
  • Entry Level: 2
  • Year Built Details: Approximate,Certified Historic,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Flooring - Wood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 3 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Wood, Open Floorplan
  • Room Dining Room Level: Main,First
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Gas Stove
  • Laundry Features: Second Floor, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: Main,First
  • Room Living Room Features: Bathroom - Half, Flooring - Wood, Open Floorplan
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1086
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Storm Window(s)
  • MAIN LO: C95098
  • MAIN SO: M59500
  • Insulation: Partial

Exterior Features

  • Exterior Features: Porch, Patio
  • Common Walls: No One Above
  • Construction Materials: Frame
  • Fencing: Security
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Central Air, Individual
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 208
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 4936810
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7527
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6060

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jun 13, 2024
Sold by
Eagle Alison E and Rushman Nicholas A
Bought by
Irwin Meredith
Seller's Agent
Julie Andrews
Keller Williams Realty Evolution
Buyer's Agent
Andrea Bennett
William Raveis R.E. & Home Services
List Price
$589,000
Sold Price
$599,000
Premium/Discount to List
$10,000
1.7%
Views
381
Current Estimated Value
$614,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,161
Avg. Annual Appreciation
1.71%
Original Mortgage
$200,000
Outstanding Balance
$197,199
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$416,962

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 9, 2020
Sold by
Walinsky Daniel S
Bought by
Eagle Alison E and Rushman Nicholas A
Seller's Agent
Kate Richard
J. Barrett & Company
Buyer's Agent
Julie Andrews
Keller Williams Realty Evolution
List Price
$440,000
Sold Price
$485,000
Premium/Discount to List
$45,000
10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$412,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 1, 2018
Sold by
Debari Elizabeth A and Debari Karen A
Bought by
Walinsky Daniel S
Seller's Agent
Antonia Tullercash
Churchill Properties
Buyer's Agent
Kate Richard
J. Barrett & Company
List Price
$382,550
Sold Price
$425,000
Premium/Discount to List
$42,450
11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 15, 2015
Sold by
Renewal Ventures Llc
Bought by
Debari Karen A and Debari Elizabeth A
Seller's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Jonathan Blass
Four Points Real Estate, LLC
List Price
$349,900
Sold Price
$353,900
Premium/Discount to List
$4,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$318,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Irwin Meredith $599,000 None Available
Irwin Meredith $599,000 None Available
Eagle Alison E $485,000 None Available
Eagle Alison E $485,000 None Available
Eagle Alison E $485,000 None Available
Walinsky Daniel S $425,000 --
Walinsky Daniel S $425,000 --
Debari Karen A $353,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irwin Meredith $200,000
Closed Irwin Meredith $200,000
Previous Owner Eagle Alison E $412,250
Previous Owner Walinsky Daniel S $200,000
Previous Owner Debari Karen A $318,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2024 06/13/24 Sold $599,000 +1.7% $552 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $589,000 +21.4% $542 / Sq Ft
09/14/2020 09/14/20 Sold $485,000 +10.2% $447 / Sq Ft View Prior Sale
08/04/2020 08/04/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $440,000 0.0% $405 / Sq Ft
08/14/2019 08/14/19 Rented $2,500 0.0% --
08/13/2019 08/13/19 Under Contract -- -- --
07/01/2019 07/01/19 For Rent $2,500 0.0% --
06/01/2018 06/01/18 Sold $425,000 +11.1% $391 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $382,550 +8.1% $352 / Sq Ft
05/15/2015 05/15/15 Sold $353,900 0.0% $326 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
03/24/2015 03/24/15 Off Market $353,900 -- --
02/27/2015 02/27/15 For Sale $349,900 -- $322 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $6,084 $536,500 $0 $536,500
2024 $6,060 $521,500 $0 $521,500
2023 $5,898 $471,500 $0 $471,500
2022 $5,796 $437,400 $0 $437,400
2021 $5,470 $396,400 $0 $396,400
2020 $5,566 $385,200 $0 $385,200
2019 $5,161 $341,800 $0 $341,800
2018 $5,192 $337,600 $0 $337,600
2017 $5,080 $320,300 $0 $320,300
2016 $4,825 $307,900 $0 $307,900
Source: Public Records

Agents Affiliated with this Home

  • Julie Andrews

    Seller's Agent in 2024

    Julie Andrews

    Keller Williams Realty Evolution

    (978) 290-1495

    5 in this area

    39 Total Sales

    Julie Andrews
    Section Image
  • Andrea Bennett

    Buyer's Agent in 2024

    Andrea Bennett

    William Raveis R.E. & Home Services

    (978) 578-5024

    6 in this area

    52 Total Sales

    Andrea Bennett
    Section Image
  • Kate Richard

    Seller's Agent in 2020

    Kate Richard

    J. Barrett & Company

    (978) 252-0322

    5 in this area

    61 Total Sales

    Kate Richard
    Section Image

  • A

    Seller's Agent in 2018

    Antonia Tullercash

    Churchill Properties

    (978) 879-8610

    13 Total Sales

    Antonia Tullercash
    Section Image

  • T

    Seller's Agent in 2015

    Team Harborside

    Sagan Harborside Sotheby's International Realty

    (617) 816-1909

    3 in this area

    127 Total Sales

    Team Harborside
    Section Image

  • J

    Buyer's Agent in 2015

    Jonathan Blass

    Four Points Real Estate, LLC

    (617) 797-1913

    1 in this area

    5 Total Sales

    Jonathan Blass
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73227432

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000467-000803-000803

Massachusetts Essex County Salem 01970 Downtown Salem

16 Summer St Unit 3, Salem, MA

Not Listed for Sale

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